earnings
confidence high
sentiment neutral
materiality 0.70
Annovis Bio reports FY2025 net loss $1.40/sh; Phase 3 AD trial 65% enrolled
Annovis Bio, Inc.
- FY2025 net loss $1.40 basic and diluted EPS; R&D $25.2M, G&A $4.5M; cash $19.5M expected to fund into Q3 2026.
- Phase 3 AD trial (NCT06709014) 65% enrolled across 83 US sites; DSMB positive recommendation at 6-month safety review.
- Open-label extension PD study initiated Jan 2026; FDA positive recommendation for PD dementia study design discussions.
- All patents transferred to new crystal form of buntanetap, extending IP protection to 2047.
- Appointed Mark Guerin as CFO and Hui Liu as Director of Biostatistics in 2025.