Overview
* Nuvectis Q3 net loss widens to $7.5 mln, driven by milestone and study costs
* Cash position improves to $35.4 mln, supported by public offering and ATM facility
* NXP900 Phase 1b program initiated, showcasing therapeutic potential in advanced cancers
Outlook
* Cash runway expected to support operations into 3Q-2027
Result Drivers
* Research and development expenses were $5.8 million for the three months ended September 30, 2025, compared to $2.8 million for the three months ended September 30, 2024
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Net -$7.50
Income mln
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy"
* Wall Street's median 12-month price target for Nuvectis Pharma Inc ( NVCT ) is $18.50, about 65.6% above its November 3 closing price of $6.36
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)