Annovis Bio Inc ( (ANVS) ) has released its Q3 earnings. Here is a breakdown of the information Annovis Bio Inc presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Annovis Bio Inc. is a late-stage clinical drug platform company focused on addressing neurodegenerative diseases such as Alzheimer’s and Parkinson’s through its lead product candidate, buntanetap. In its latest earnings report for the quarter ended September 30, 2025, Annovis Bio Inc. reported a net loss of $7.3 million, a significant improvement from the $12.6 million loss in the same quarter of the previous year. The company’s total assets increased to $17.2 million, up from $13.9 million at the end of 2024, primarily due to successful financing activities that raised $21.4 million. However, the company continues to face challenges with a substantial accumulated deficit of $153.9 million. Annovis Bio’s management remains focused on advancing its clinical trials and securing additional capital to support its operations. The company is optimistic about its future prospects, contingent on successful fundraising and regulatory approvals for its drug candidates.