Marker Therapeutics filed an annual report on Form 10-K reporting FY 2025 results, including grant income of USD 3.55 million, down 46%. Net loss for FY 2025 was USD 12.16 million, and net loss per share was USD 0.79. Research and development expense for FY 2025 was USD 11.8 million, down 12% primarily due to a net USD 3.2 million decrease in clinical trial expenses, mainly related to the AML study. Cash, cash equivalents, and restricted cash totaled USD 17.04 million at Dec. 31, 2025, and the company said it expects to fund operating expenses and capital expenditure requirements through Q4 2026, assuming no additional grant funds are received. Marker said the Phase 1 APOLLO study of MT-601 in relapsed lymphoma showed objective responses and a favorable safety profile with and without lymphodepletion, and it also reported first patient treatment in its off-the-shelf MT-401-OTS program with preliminary safety data.
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