Azitra posts Q3 net loss of $2.8 million on $1.4 million cash balance

Reuters
2025.11.12 22:02
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Azitra Inc. reported a Q3 net loss of $2.8 million for the quarter ending September 30, 2025, compared to a $1.0 million loss in Q3 2024. R&D expenses increased to $1.2 million, while general and administrative expenses decreased to $1.6 million. The company held $1.4 million in cash as of September 30, 2025, and raised $2.8 million through an equity line of credit. Key developments included dosing the first patient in a Phase 1⁄2 trial for the ATR-04 program and presenting positive preclinical data for ATR-01.