Cloudbreak Pharma FY25 net loss narrows to US$ 68 million; revenue posts no revenue

Reuters03-30
Cloudbreak Pharma FY25 net loss narrows to US$ 68 million; revenue posts no revenue
  • Cloudbreak Pharma posted a net loss of US$ 68 million for fiscal 2025, narrowing from the prior year.
  • Revenue fell to no revenue from US$ 10 million a year earlier.
  • Operating loss widened to US$ 107 million, pressured by higher general and administrative spending and research and development expenses.
  • Cash and cash equivalents rose to US$ 40 million, while total assets climbed to US$ 67 million.
  • Phase 3 recruitment for lead candidate CBT-001 completed with 660 patients, with initial efficacy and safety data expected later in 2026.


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