NovaBridge FY25 net loss widens to $88.3 million; revenue posts no revenue
NovaBridge Biosciences
NovaBridge Biosciences NBP | 0.00 |
- NovaBridge posted a net loss of USD 88.3 million for fiscal year 2025, widening from USD 22.2 million a year earlier.
- Revenue was unchanged at no revenue, versus USD 632,000 in 2023.
- Operating loss widened to USD 94.3 million as research and development expenses more than doubled to USD 62.9 million.
- Cash and cash equivalents totaled USD 210.6 million at year-end, with net cash used in operating activities of USD 20.6 million.
- NovaBridge forecast cash, cash equivalents and short-term investments of USD 210.8 million will fund operations into Q4 2028, while highlighting givastomig Phase 2 first-patient enrollment and plans to start a registrational Phase 3 trial as early as Q4 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NovaBridge Biosciences published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001778016-26-000002), on April 07, 2026, and is solely responsible for the information contained therein.
