M&A
confidence high
sentiment neutral
materiality 0.60
Gyre Therapeutics files Cullgen financials for merger; Cullgen FY2025 net loss $10.8M
GYRE THERAPEUTICS, INC.
- Cullgen FY2025 net loss $10.8M, accumulated deficit $132.2M as of Dec 31, 2025.
- Cullgen revenue $15.4M from collaboration; R&D expense $19.3M, G&A $10.2M.
- Cullgen had $40.2M in cash and short-term investments; total assets $53.6M.
- Redeemable convertible preferred stock $173.5M; stockholders' deficit $127.4M.
- Merger closed May 4, 2026; this amendment provides required financial statements.