Structure Therapeutics Reports Q1 2025 Net Loss of $46.8 Million, Up from $26 Million in Q1 2024

Reuters
09 May
Structure <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports Q1 2025 Net Loss of $46.8 Million, Up from $26 Million in Q1 2024

Structure Therapeutics Inc. has announced its financial results for the first quarter of 2025. The company reported a net loss of $46.8 million for the quarter, compared to a net loss of $26.0 million in the same period of 2024. This increase in net loss is associated with higher research and development expenses, which rose to $42.9 million from $20.7 million in the previous year. The rise in R&D expenses is attributed to increased preclinical research and development costs, clinical trial costs, and personnel-related expenses due to headcount expansion. General and administrative expenses also increased to $13.4 million from $11.3 million in the same period of 2024, primarily due to personnel-related expenses as the company expanded its infrastructure. Structure Therapeutics highlighted its strong financial position with cash, cash equivalents, and short-term investments totaling $836.9 million, which are expected to support projected operations and key clinical milestones through at least 2027. The company is progressing with its Phase 2b ACCESS and ACCESS II studies for aleniglipron, with data anticipated by the end of 2025. Additionally, the initiation of a Phase 1 study for its oral small molecule amylin receptor agonist, ACCG-2671, is expected by the year-end. These developments aim to expand patient access and options for treating obesity and related diseases.

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. Structure Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9447883-en) on May 08, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10