Benitec Biopharma Inc. Reports No Revenue for Fiscal Year 2025; Net Loss Widens to $37.9 Million or $1.05 per Share

Reuters
2025.09.23 15:23
portai
I'm PortAI, I can summarize articles.

Benitec Biopharma Inc. reported no revenue for fiscal year 2025, with a net loss widening to $37.9 million, or $1.05 per share. Total operating expenses rose to $41.8 million, driven by increased research and development costs related to BB-301 for Oculopharyngeal Muscular Dystrophy. General and administrative expenses surged to $23.4 million due to higher share-based compensation. The company had $97.7 million in cash as of June 30, 2025, and plans to release additional clinical study results in Q4 2025.