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Ceryvyn Therapeutics reports A$330 million profit after DFA settlement and pivots to rare lung disease therapy development

6:27pm on Monday 31st of August, 2026 AEST Biotechnology
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Ceryvyn Therapeutics reports A$330 million profit after DFA settlement and pivots to rare lung disease therapy development

6:27pm on Monday 31st of August, 2026 AEST
Key Points
  • FY26 profit of A$330 million after prior year loss of A$251 million
  • Gain of A$357 million from derecognition of Development Funding Agreement liability
  • Pivot to CYV-101 inhaled therapy targeting rare lung disease LAM
  • A$30 million cash on hand, no debt, stage-gated clinical development planned
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