Argent BioPharma H1 revenue jumps 39.0x to AUD 171,499

Reuters
Feb 27
<a href="https://laohu8.com/S/MGCLF">Argent BioPharma</a> H1 revenue jumps 39.0x to AUD 171,499

Argent BioPharma reported revenue from ordinary activities of AUD 171,499 for H1 ended 31 December 2025, a 39.0x increase, and a net loss attributable to members of AUD 2.9 million (76% decrease). Net tangible assets per share were (0.1) cents at 31 December 2025. Cash and cash equivalents were AUD 1.5 million at 31 December 2025, while net cash used in operating activities was AUD 2.6 million for H1. During the period, Argent BioPharma began formal supply of EU-GMP cannabinoid API to University Medical Centre Ljubljana for drug-resistant epilepsy, and published a peer-reviewed CannEpil case study in treatment-resistant epilepsy. The company also cited an independent in vivo study by the University of South Florida showing up to 85% survival in treated mice for ArtemiC in a viral inflammatory model. In December 2025, the group liquidated its Slovenian subsidiary following a decision to cease operations at its Slovenia manufacturing facility, recording a AUD 55,395 loss on liquidation. Subsequent to the period, it signed a binding agreement (14 January 2026) to streamline the planned acquisition of AusCann assets to advance CannEpil, with completion subject to shareholder approval and expected in early Q2 2026.

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. Argent Biopharma Ltd. published the original content used to generate this news brief on February 27, 2026, and is solely responsible for the information contained therein.

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