Cingulate Inc. Reports Q3 2025 Financial Results

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2025.11.14 04:32
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Cingulate Inc. reported a Q3 net loss of $7.3 million due to increased R&D and administrative costs. Key developments include FDA acceptance of NDA for CTx-1301, $6 million financing, and Bryan Downey's appointment as Chief Commercial Officer. The company secured a $4.3 million PDUFA fee waiver and a supply agreement with Bend Bio Sciences. Positive Phase 3 results for CTx-1301 were presented, with a potential 2026 launch. Additional capital is needed for commercialization efforts.