
Moleculin Biotech Reports Increased Loss Amid Ongoing Trials

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Moleculin Biotech reported a Q3 2025 net loss of $25.4 million, up from $7.0 million in Q3 2024, due to warrant liabilities and increased R&D expenses. Despite financial challenges, the company increased its total assets to $20.4 million and continues advancing clinical trials for its drug Annamycin. Management is optimistic about drug candidates and seeks strategic partnerships for commercialization.
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