Connect Biopharma reports third quarter 2025 financial results

Reuters11-12

<a href="https://laohu8.com/S/CNTB">Connect Biopharma</a> reports third quarter 2025 financial results

Connect Biopharma Holdings Ltd. reported a net loss of $17.2 million, or $0.31 per share, for the third quarter of 2025, compared to a net loss of $12.9 million, or $0.23 per share, for the same period in 2024. For the nine months ended September 30, 2025, the net loss was $40.4 million, or $0.73 per share, compared to $6.7 million, or $0.12 per share, for the same period in 2024. Cash, cash equivalents and short-term investments totaled $54.8 million as of September 30, 2025, with the company expecting these funds to support operations into 2027. Key business developments included the ongoing recruitment for Phase 2 Seabreeze STAT studies in asthma and COPD, the acceptance of a New Drug Application for rademikibart in atopic dermatitis by China's NMPA, and the termination of the American Depositary Receipt program, with ordinary shares now directly listed on Nasdaq.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Connect Biopharma Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573870-en) on November 12, 2025, and is solely responsible for the information contained therein.

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