- Sol-Gel published its annual report on Form 20-F for the year ended Dec. 31, 2025.
- Revenue rose 68.05% to USD 19.39 million, mainly from milestone payments tied to the Mayne and Searchlight agreements.
- Net loss narrowed 42.09% to USD 6.13 million, while R&D expense increased 28.1% to USD 22.8 million.
- Cash and cash equivalents, bank deposits and marketable securities were USD 12.4 million as of Dec. 31, 2025, and management said this is expected to fund operations into the first quarter of 2027.
- Enrollment was completed in August 2025 in Sol-Gel’s Phase 3 SGT-610 (patidegib gel 2%) trial in Gorlin syndrome, with topline results expected in the fourth quarter of 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. Sol Gel Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-001552), on March 19, 2026, and is solely responsible for the information contained therein.
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