Gyre Therapeutics Inc ( (GYRE) ) has released its Q2 earnings. Here is a breakdown of the information Gyre Therapeutics Inc presented to its investors.
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Gyre Therapeutics Inc. is a commercial-stage biopharmaceutical company focused on developing fibrosis-first therapies for chronic diseases, with a strong presence in both the United States and the People’s Republic of China. In its latest earnings report, Gyre Therapeutics announced a net income of $1.6 million for the second quarter of 2025, with revenues reaching $26.8 million. The company reaffirmed its full-year revenue guidance of $118-128 million, highlighting its strategic focus on expanding its commercial portfolio and advancing its pipeline of fibrosis therapies.
The company’s financial performance was marked by the successful launch of Etorel in China and the continued commercialization of Contiva, contributing to a $1.6 million increase in quarterly revenues compared to the previous year. However, this was offset by a decline in ETUARY® sales. Gyre’s pivotal Phase 3 trial of Hydronidone demonstrated significant fibrosis regression, supporting its potential expansion into additional fibrotic indications. The company also announced leadership changes, with Ping Zhang appointed as interim CEO.
Gyre’s strategic initiatives include the anticipated initiation of a Phase 2 trial for Hydronidone in the U.S. and a Phase 2/3 trial for pirfenidone in China. The company is also advancing its pipeline with the dosing of the first volunteer in a Phase 1 trial for F230 and ongoing preclinical studies for F528. Despite a decrease in net income compared to the previous year, Gyre’s financial position remains strong, with $75.9 million in cash and equivalents.
Looking ahead, Gyre Therapeutics is optimistic about its growth prospects, driven by the commercial launches of new products and the expansion of its fibrosis-focused pipeline. The company’s management remains committed to strengthening its global footprint and delivering transformative therapies to patients.