earnings
confidence high
sentiment neutral
materiality 0.60
Nuvectis Pharma Q1 2025 net loss $5.3M; cash $29.9M; NXP900 Phase 1b advancing
Nuvectis Pharma, Inc.
2025-Q1 EPS reported
-$0.27
- Cash and equivalents $29.9M as of Mar 31, 2025, up from $18.5M at Dec 31, 2024, driven by $14.0M net public offering proceeds.
- Net loss $5.3M for Q1 2025 vs $4.2M in Q1 2024; R&D expenses $3.7M, G&A $1.9M.
- NXP900 Phase 1a data at AACR showed robust pharmacodynamic response; Phase 1b enrollment in specific genetic alterations pending.
- NXP800 Phase 1b study in ARID1a-mutated ovarian cancer enrolling; update expected in two months.
- Completed $15.5M financing extending projected cash runway into Q1 2027.