Metavia Inc. reports third quarter 2025 results and updates on clinical programs
Metavia Inc. reported total other income of $0.6 million for the nine months ended September 30, 2025, down from $0.8 million for the same period in 2024, mainly due to $0.3 million in lower interest income, net, and partially offset by a $0.1 million increase in gain from the change in fair value of warrant liabilities. For the third quarter ended September 30, 2025, total other income was $0.1 million, compared to $0.6 million in the third quarter of 2024, reflecting a $0.2 million decrease in interest income and a $0.4 million change in the fair value of warrant liabilities. Cash stood at $14.3 million as of September 30, 2025, compared to $16.0 million as of December 31, 2024, with the company expecting this cash position to fund operations into 2026. During the period, Metavia dosed the first patient in the 8-week 48 mg MAD cohort of its Phase 1 clinical trial for DA-1726 in obesity, with top-line data expected by year-end 2025.
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