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BiomX Subsidiary Terminates Maryland Facility Lease Agreement

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BiomX Subsidiary Terminates Maryland Facility Lease Agreement

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BiomX ( (PHGE) ) has issued an update.

On December 31, 2025, Adaptive Phage Therapeutics, LLC (APT), a wholly owned subsidiary of the Company, entered into a Seventh Amendment to its lease for premises in Gaithersburg, Maryland, resulting in the termination of the lease effective the same date. Under the settlement, APT agreed to a one-time payment of $800,000 and acknowledged the landlord’s draw on an existing letter of credit for $153,557.68, with the landlord agreeing, upon satisfaction of specified conditions, to release APT and the parent company from further obligations and liabilities under the lease, aside from limited surviving obligations, thereby resolving outstanding lease-related claims and closing out the company’s commitments at that facility.

The most recent analyst rating on (PHGE) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on BiomX stock, see the PHGE Stock Forecast page.

Spark’s Take on PHGE Stock

According to Spark, TipRanks’ AI Analyst, PHGE is a Neutral.

The score is held down primarily by weak financial performance (no meaningful revenue, sustained losses, and significant cash burn) and a strongly bearish technical setup (price well below key moving averages with negative MACD). The earnings call adds some offset via expense reductions and positive regulatory feedback for pipeline progress, but near-term funding constraints and program-related setbacks keep overall risk elevated.

To see Spark’s full report on PHGE stock, click here.

More about BiomX

Adaptive Phage Therapeutics, LLC is a wholly owned subsidiary of the Company and operates in the biotechnology sector, focusing on therapeutic applications of bacteriophages, though the lease-related disclosure primarily reflects its physical operational footprint in Gaithersburg, Maryland.

Average Trading Volume: 86,010

Technical Sentiment Signal: Sell

Current Market Cap: $3.45M

Find detailed analytics on PHGE stock on TipRanks’ Stock Analysis page.

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