BrainStorm Cell Therapeutics Reports Q1 2025 Net Loss of $2.9M and EPS Improvement to $0.45

Reuters
05-16
BrainStorm Cell <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports Q1 2025 Net Loss of $2.9M and EPS Improvement to $0.45

BrainStorm Cell Therapeutics Inc. reported its financial results for the first quarter ended March 31, 2025. The company, focused on developing adult stem cell therapeutics for neurodegenerative diseases, recorded a net loss of approximately $2.9 million for the quarter, a decrease from the net loss of approximately $3.4 million in the same period the previous year. Research and development expenditures increased to $1.3 million, compared to $1.0 million for the quarter ended March 31, 2024. General and administrative expenses also rose to approximately $1.8 million from approximately $1.5 million in the corresponding quarter of the prior year. In addition to financial results, BrainStorm provided a corporate update on its NurOwn® development program. The company announced an IND amendment submission for NurOwn to the U.S. Food and Drug Administration, paving the way for the initiation of a Phase 3b clinical trial. This trial, designed in collaboration with the FDA under a Special Protocol Assessment, aims to confirm the product's efficacy in early-stage ALS patients. Furthermore, BrainStorm's leadership presented biomarker insights at the 2025 ALS Drug Development Summit, emphasizing the relationship between cerebrospinal fluid biomarker pathways and clinical outcomes in ALS treatment.

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. Brainstorm Cell Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-049581), on May 15, 2025, and is solely responsible for the information contained therein.

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