Nuvectis Pharma Q3 net loss widens

Reuters11-04
<a href="https://laohu8.com/S/NVCT">Nuvectis Pharma</a> Q3 net loss widens

Overview

  • Nuvectis Q3 net loss widens to $7.5 mln, driven by milestone and study costs

  • Cash position improves to $35.4 mln, supported by public offering and ATM facility

  • NXP900 Phase 1b program initiated, showcasing therapeutic potential in advanced cancers

Outlook

  • Cash runway expected to support operations into 3Q-2027

Result Drivers

  • Research and development expenses were $5.8 million for the three months ended September 30, 2025, compared to $2.8 million for the three months ended September 30, 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$7.50 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Nuvectis Pharma Inc is $18.50, about 65.6% above its November 3 closing price of $6.36

Press Release: ID:nGNEN2Yht

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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