
Traws Pharma posts $4.0 million net loss on zero revenue for Q3 2025

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Traws Pharma Inc. reported a net loss of $4.0 million for Q3 2025, compared to a net loss of $8.5 million in Q3 2024. The company had zero revenue for the quarter, down from $57,000 in the prior year. Research and development expenses were $2.3 million, and general and administrative expenses were $1.7 million. Traws Pharma acquired intellectual property from Viriom, Inc. for $2.6 million and continued Phase 2 studies for ratutrelvir.
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