Avalo Therapeutics, Inc. ( (AVTX) ) has released its Q2 earnings. Here is a breakdown of the information Avalo Therapeutics, Inc. presented to its investors.
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Avalo Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing IL-1β-based treatments for immune-mediated inflammatory diseases, with its lead asset AVTX-009 currently in a Phase 2 trial for hidradenitis suppurativa.
In its second quarter 2025 earnings report, Avalo Therapeutics highlighted significant progress in its clinical trials and financial positioning. The company is advancing its Phase 2 LOTUS trial for AVTX-009, with enrollment expected to complete by the end of 2025 and topline data anticipated by mid-2026. Additionally, Avalo appointed Dr. Rita Jain to its Board of Directors, bringing valuable experience in clinical development and regulatory strategy.
Financially, Avalo reported cash and short-term investments of approximately $113 million as of June 30, 2025, which is expected to support operations into 2028. The company experienced a net loss of $20.8 million for the quarter, a significant shift from the net income of $98.5 million in the same period last year, primarily due to changes in other expenses and increased research and development costs associated with the LOTUS trial.
Despite the financial loss, Avalo’s strategic focus remains on advancing its clinical trials and preparing for Phase 3 readiness. The increase in research and development expenses underscores the company’s commitment to its pipeline, particularly the potential of AVTX-009 in addressing unmet medical needs in hidradenitis suppurativa.
Looking forward, Avalo Therapeutics is poised to continue its development efforts, with management expressing confidence in the company’s financial runway and strategic direction. The upcoming milestones in the LOTUS trial are expected to be pivotal in determining the future trajectory of Avalo’s clinical programs.