Adagio Medical Holdings posts Q3 net loss of $10.1 million

Reuters
2025.11.12 21:08
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Adagio Medical Holdings Inc. reported a Q3 net loss of $10.1 million for the quarter ending September 30, 2025, compared to a $4.6 million loss in Q3 2024. Revenue costs decreased to $0.03 million, while R&D expenses rose to $2.8 million. SG&A expenses fell to $2.9 million. The company has $4.7 million in cash and completed a private placement of up to $50 million. Recent developments include the completion of a pivotal trial enrollment and the appointment of Deborah Kaster as CFO.