Phio Pharmaceuticals Reports Positive Phase 1b Trial Results, Extends Cash Runway

Monday, Feb 23, 2026 9:55 am ET1min read
PHIO--

Phio Pharmaceuticals' Phase 1b trial reported a 65% pathological response in cutaneous squamous cell carcinoma (cSCC) with no serious adverse events. The company has extended its cash runway into H1 2027 and plans to submit a regulatory application to the FDA in Q2 2026. Phio has also strengthened its leadership team ahead of upcoming milestones.

Phio Pharmaceuticals Reports Positive Phase 1b Trial Results, Extends Cash Runway

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