Bioxcel Therapeutics Plunges 12.03% on Q2 Loss, Revenue Drop

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Aug 12, 2025 8:36 am ET1min read
Aime RobotAime Summary

- Bioxcel Therapeutics' shares fell 12.03% pre-market after reporting a $19.2M Q2 net loss and 89% revenue decline from IGALMI®.

- The biotech firm's Q2 financials showed $120K in product revenue versus $1.1M in the same period last year, signaling operational challenges.

- Anticipation of critical late-2025 clinical data to support business strategies appears to have further eroded investor confidence.

On August 12, 2025,

experienced a significant drop of 12.03% in pre-market trading, reflecting a notable decline in investor sentiment.

Bioxcel Therapeutics reported a net loss of $19.2 million for the second quarter of 2025, marking a substantial financial setback. The company's net revenue from IGALMI® also saw a significant decrease, falling to $120 thousand from $1.1 million in the same period last year. This financial performance has likely contributed to the recent stock price decline.

Additionally, the company announced that topline data expected in the second half of 2025 is crucial for supporting its ongoing business strategies. This anticipation of future data releases may have influenced investor decisions, leading to the pre-market drop.

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