earnings
confidence high
sentiment positive
materiality 0.65
Climb Bio Q2 2026 cash $239.2M; pipeline advances with CLYM116 Phase 2 initiation in Q3
Climb Bio, Inc.
- Cash, cash equivalents, and marketable securities $239.2M as of June 30, 2026; raised ~$110M in private placement in April 2026, extending runway into H2 2028.
- R&D expenses $9.7M (vs $6.6M YoY); G&A $5.6M (vs $4.1M YoY); other income $1.9M.
- CLYM116 Phase 1 data to be presented at R&D Spotlight on Sept 3, 2026; Phase 2 trial in IgAN to start dosing in Q3 2026.
- Budoprutug data expected from pMN, ITP, and SLE studies in Q4 2026; SC formulation data positive.
- Appointed Breanna O'Reilly, Ph.D., to Board of Directors in June 2026.