Belite Bio Inc. reports nine-month 2025 general and administrative expenses of USD 25.4 million, up over 3 times
Belite Bio Inc. reported its financial results for the nine months ended September 30, 2025. The company recorded a net loss of USD 52.3 million, compared to a net loss of USD 26.0 million for the same period in the previous year. Total operating expenses reached USD 56.1 million for the period, primarily driven by research and development expenses of USD 30.8 million and general and administrative expenses of USD 25.4 million. Interest income, net, was USD 3.5 million. As of September 30, 2025, Belite Bio Inc. had cash and cash equivalents of USD 157.0 million, short-term investments of USD 118.6 million, and working capital of USD 269.1 million. The company's accumulated deficit stood at USD 159.9 million at the end of the period. Net loss per ordinary share for the nine-month period was USD 1.60.
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