Celcuity's Q2 adjusted loss widened, with the company focusing on developing targeted therapies for solid tumor indications. Gedatolisib, its lead therapeutic candidate, selectively targets Class I isoforms of phosphatidylinositol-3-kinase and mTOR sub-complexes. Initial clinical development programs are for breast and prostate cancer patients. The CELsignia companion diagnostic platform analyzes live patient tumor cells to identify new cancer patient groups.
Celcuity Inc. (NASDAQ: CELC), a clinical-stage biotechnology company, reported its second quarter 2025 financial results, showing a wider-than-expected loss and a significant increase in operating expenses. The company's shares fell by 2.2% as investors reacted to the earnings miss [1].
The company posted a net loss of $1.04 per share, missing analyst estimates of a $0.88 per share loss by $0.16. This earnings disappointment overshadowed the company’s recent clinical progress with its lead drug candidate, gedatolisib, for HR+/HER2- advanced breast cancer [1].
Despite the earnings miss, Celcuity remains focused on its regulatory pathway. The company plans to submit a New Drug Application for gedatolisib later this year based on data from the PIK3CA wild-type cohort. Additionally, the company expects to report topline data from the PIK3CA mutant cohort in the fourth quarter of 2025 [1].
Celcuity recently completed a financing round to support its clinical development programs, which include potential treatments for both breast and prostate cancer. The company's cash position was strengthened by this financing round, bringing the total to $455 million on a proforma basis [3].
The company's operating expenses increased to $44.0 million from $24.3 million year-over-year, with a net loss of $45.3 million. The increase in operating expenses is primarily driven by clinical trial activities and increased R&D costs [3].
Celcuity's lead drug candidate, gedatolisib, showed unprecedented efficacy in advanced breast cancer with strong financial position to pursue multiple indications. The company's Phase 3 VIKTORIA-1 trial results represent a potential paradigm shift in HR+/HER2- advanced breast cancer treatment [3].
Celcuity's financial position has dramatically strengthened with their recent $286.5 million capital raise, bringing their proforma cash position to $455 million. This runway through 2027 provides crucial flexibility during the critical transition from development to commercialization, covering the planned NDA submission in Q4 2025 and potential commercial launch [3].
References:
[1] https://www.investing.com/news/earnings/celcuity-shares-fall-as-second-quarter-loss-exceeds-estimates-93CH-4193739
[2] https://finance.yahoo.com/quote/CELC/
[3] https://www.stocktitan.net/news/CELC/celcuity-inc-reports-second-quarter-2025-financial-results-and-kuvlwcp6udhp.html
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