Nuvectis Pharma Q3 net loss widens

Nuvectis Pharma

04/11/2025 12:37

Overview

Nuvectis Q3 net loss widens to $7.5 mln, driven by milestone and study costs

Cash position improves to $35.4 mln, supported by public offering and ATM facility

NXP900 Phase 1b program initiated, showcasing therapeutic potential in advanced cancers

Outlook

Cash runway expected to support operations into 3Q-2027

Result Drivers

Research and development expenses were $5.8 million for the three months ended September 30, 2025, compared to $2.8 million for the three months ended September 30, 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$7.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy"

Wall Street's median 12-month price target for Nuvectis Pharma Inc is $18.50, about 65.6% above its November 3 closing price of $6.36

Press Release: ID:nGNEN2Yht

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)