Aethlon ( (AEMD) ) has released its Q4 earnings. Here is a breakdown of the information Aethlon presented to its investors.
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Aethlon Medical, Inc. is a medical therapeutic company focused on developing the Hemopurifier, an innovative device aimed at treating cancer and life-threatening infectious diseases.
In its latest earnings report, Aethlon Medical announced significant progress in its clinical trials and regulatory achievements, alongside a reduction in operating expenses. The company treated its first three patients in the Hemopurifier cancer trial and received regulatory approval in India for a similar study.
Key highlights from the report include the completion of initial treatments in the Australian cancer trial, with no device deficiencies or immediate complications reported. The trial protocol was expanded to include patients receiving combination therapies, aligning with current immunotherapy practices. Additionally, Aethlon’s preclinical study demonstrated a 98.5% removal of platelet-derived extracellular vesicles, supporting broader applications of the Hemopurifier.
Financially, Aethlon reported a decrease in operating expenses by 26% compared to the previous year, primarily due to streamlined operations and reduced payroll costs. Despite a net loss, the company maintains a cash balance of $5.5 million, positioning itself for continued focus on clinical and regulatory goals.
Looking ahead, Aethlon Medical remains committed to advancing its Hemopurifier trials and exploring its potential in treating various diseases, including Long COVID, while maintaining a strategic focus on operational efficiency.