earnings
confidence high
sentiment positive
materiality 0.75
Corbus Q4 net loss $20.6M; cash $163.3M into 2028; key CRB-701/913 catalysts mid-2026
Corbus Pharmaceuticals Holdings, Inc.
- Q4 2025 net loss $20.6M ($1.25/share) vs $9.5M ($0.78) in Q4 2024; operating expenses rose to $22.0M.
- Cash $163.3M at Dec 31, 2025; extended runway into 2028 after $75M public offering in Q4.
- CRB-701 Phase 1/2 unconfirmed ORR: HNSCC 47.6%, cervical 37.5%; monotherapy data and FDA protocol discussions expected mid-2026.
- CRB-913 Phase 1a: 2.9% placebo-adjusted weight loss at 14 days; Phase 1b CANYON-1 (n=240) results due summer 2026.
- CRB-601 deprioritized; no further patient enrollment. Pipeline updates from ESMO 2025 and SITC 2025.