Corbus Pharmaceuticals Q4 net loss rises 116% to USD 20.56 million

Reuters03-09
Corbus Pharmaceuticals Q4 net loss rises 116% to USD 20.56 million

Corbus reported a Q4 net loss of USD 20.56 million, up 116% year over year, with net loss per share of USD 1.25. Operating expenses in Q4 rose 74% to USD 21.97 million, driven by higher clinical development spending. For FY 2025, the company posted a net loss of USD 78.54 million and R&D expense of USD 70.1 million. Corbus ended 2025 with USD 163.3 million in cash, cash equivalents and investments and said this is expected to fund operations into 2028 following a USD 75 million public offering. The company said it expects CRB-701 monotherapy data in mid-2026 and completion of the 12-week CANYON-1 Phase 1b obesity study of CRB-913 (n=240) in summer 2026.

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. Corbus Pharmaceuticals Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603090730PRIMZONEFULLFEED9667935) on March 09, 2026, and is solely responsible for the information contained therein.

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