ZyVersa Therapeutics posts $20.7 million pre-tax loss for Q3 2025
ZyVersa Therapeutics reported a pre-tax loss of $20.7 million for the third quarter ended September 30, 2025, compared to a pre-tax loss of $2.4 million for the same period in 2024. The increase in losses was primarily due to an $18.6 million impairment of research and development, related to a decline in market capitalization and uncertainty around financing research milestones. Cash on hand as of September 30, 2025, was $0.5 million. ZyVersa raised approximately $2.1 million in the third quarter and $4.1 million year-to-date. The company is advancing its pipeline, including VAR 200 for kidney diseases and IC 100 for chronic inflammatory diseases, and is seeking additional financing to support ongoing operations and development.
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. Zyversa Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9579105-en) on November 19, 2025, and is solely responsible for the information contained therein.
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