VivoSim Labs Inc. Reports Flat Revenue for FY 2025, Significant Increase in Other Income by 2,329%

Reuters
06-06
VivoSim Labs Inc. Reports Flat Revenue for FY 2025, Significant Increase in Other Income by 2,329%

VivoSim Labs Inc. has released its annual report for the fiscal year ending March 31, 2025. The company reported an increase in royalty revenue, which rose to $119,000 from $109,000 in the previous year, marking a 9% growth. Other income saw a significant increase, reaching approximately $10.1 million from $0.4 million the previous year. This rise was primarily due to the sale of VivoSim's FXR program for $10.0 million, despite a $0.3 million decrease in net interest income. Looking ahead, VivoSim Labs Inc. plans to focus on providing liver and intestinal toxicology insights using NAM models. The company aims to partner with pharmaceutical and biotech firms across all stages of drug development, helping to mitigate risks and costs associated with bringing therapeutics to market. Additionally, VivoSim will offer bespoke services in investigational toxicology and drug action mechanism elucidation. The company also noted that product revenue, previously linked to the sale of human cells by its former division, Mosaic, will no longer be generated following the cessation of Mosaic's commercial operations in the third quarter of fiscal year 2025.

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. VivoSim Labs 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: 0000950170-25-082312), on June 05, 2025, and is solely responsible for the information contained therein.

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