Nuvation Bio reports $7.7 million net product revenue for Q3 2025
Nuvation Bio Inc. reported a net loss of $55.8 million, or $(0.16) per share, for the third quarter ended September 30, 2025, compared to a net loss of $41.2 million, or $(0.15) per share, in the same period in 2024. Selling, general, and administrative expenses rose to $37.4 million from $19.6 million, primarily due to higher personnel-related costs, increased sales and marketing expenses, and investments in systems for the commercial launch of taletrectinib. As of September 30, 2025, the company had cash, cash equivalents, and marketable securities totaling $549.0 million. Nuvation Bio began shipping IBTROZI to U.S. customers in June 2025, generating net product revenue of approximately $7.7 million for the quarter.
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