Immunic Inc. reports third quarter net loss of $25.6 million

Reuters
2025/11/13
Immunic Inc. reports third quarter net loss of $25.6 million

Immunic Inc. reported a net loss of approximately $25.6 million, or $0.13 per basic and diluted share, for the third quarter ended September 30, 2025, compared to a net loss of $24.4 million, or $0.24 per share, for the same period in 2024. Research and development expenses for the quarter were $20.0 million, down from $21.4 million in the prior year quarter, mainly due to decreased external development costs related to IMU-856 and the completion of the phase 2 CALLIPER trial, partially offset by increased personnel expenses. Interest income for the nine months ended September 30, 2025, was $0.8 million, down from $3.0 million for the same period in 2024, primarily due to a lower average cash balance. During the period, key data from the phase 2 CALLIPER trial were presented, highlighting vidofludimus calcium's potential in progressive multiple sclerosis.

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. Immunic Inc. published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2228874_en), on November 13, 2025, and is solely responsible for the information contained therein.

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