NanoViricides FY26 net loss narrows 13% to $8.22 million; revenue remains no revenue
Bitget2026/09/28 20:32- NanoViricides posted a net loss of $8.22 million for the year ended June 30, 2026, narrowing 13%.
- Basic and diluted loss per share improved to $0.41, compared with $0.63 a year earlier.
- Research and development expense fell 15% to $4.71 million, while general and administrative costs dropped 11% to $3.6 million.
- It reported no revenue for the year.
- Cash and cash equivalents were $2.8 million at June 30, 2026, and management flagged substantial doubt about going-concern funding for 12 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
Crypto prices
More
