Xenetic Biosciences Reports Higher Q3 Revenue and Closes $3.9 Million Offering

Reuters
2025.11.13 13:46
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Xenetic Biosciences reported a 67.2% increase in Q3 2025 revenue to $1.0 million, driven by increased royalty revenue from a sublicense agreement with Takeda Pharmaceuticals. The company ended the quarter with $4.1 million in cash and completed a $3.9 million public offering. Xenetic continues to advance its DNase I program and collaborate with institutional partners. This summary is based on AI-generated content by Public Technologies.