middle.news

Nyrada Inc. Posts $2.46M Loss as NYR-BI03 Advances to First Human Trial

6:54am on Monday 2nd of June, 2025 AEST Biotechnology
Read Story

Nyrada Inc. Posts $2.46M Loss as NYR-BI03 Advances to First Human Trial

6:54am on Monday 2nd of June, 2025 AEST
Key Points
  • Loss widened to $2.46 million from prior profit of $136K
  • Revenue declined 64% to $884,584 due to R&D focus
  • NYR-BI03 preclinical data shows strong neuro- and cardioprotection
  • Received ethics approval to commence Phase Ia clinical trial
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Nyrada (ASX:NYR)
OPEN ARTICLE