Indaptus Therapeutics posts third quarter net loss of $2.98 per share

Reuters
2025.11.12 13:31
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Indaptus Therapeutics Inc. reported a net loss of $2.98 per share for Q3 2025, with R&D expenses of approximately $1.5 million, up from $1.4 million in Q3 2024. The company used $11.6 million in operating activities in the first nine months of 2025, compared to $8.9 million in 2024. Cash reserves totaled $5.8 million as of September 30, 2025, expected to last into Q1 2026. The company completed a Phase 1 trial cohort with promising results, with three out of six participants achieving stable disease.