Bolt Biotherapeutics posts Q3 revenue of $2.2 million and R&D expenses of $6.5 million
Bolt Biotherapeutics reported collaboration revenue of $2.2 million for the third quarter ended September 30, 2025, up from $1.1 million in the same period of 2024. Research and development expenses were $6.5 million, down from $13.8 million in the third quarter of 2024, primarily due to reduced salaries and the discontinued development of trastuzumab imbotolimod. The company had a cash balance of $38.8 million as of September 30, 2025, which is expected to fund operations into 2027. During the quarter, Bolt continued enrolling patients in the Phase 1 study of BDC-4182 for gastric and gastroesophageal cancer, with initial clinical data expected in the third quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bolt Biotherapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574487-en) on November 12, 2025, and is solely responsible for the information contained therein.
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