middle.news

Why Percheron Therapeutics Is Betting Big on HMBD-002 After $14.9M Loss

2:47am on Saturday 30th of August, 2025 AEST Healthcare
Read Story

Why Percheron Therapeutics Is Betting Big on HMBD-002 After $14.9M Loss

2:47am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss increased 25% to $14.9 million for FY2025
  • Discontinued development of ATL1102 and ATL1103 after negative trial results
  • In-licensed HMBD-002, a monoclonal antibody targeting VISTA for cancer treatment
  • Cash reserves of $10.2 million with cost reduction measures implemented
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Percheron Therapeutics (ASX:PER)
OPEN ARTICLE