Rallybio Corporation ( (RLYB) ) has released its Q2 earnings. Here is a breakdown of the information Rallybio Corporation presented to its investors.
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Rallybio Corporation is a clinical-stage biotechnology company focused on developing transformative therapies for patients with severe and rare diseases, particularly in the areas of complement dysregulation and hematology.
In its second quarter 2025 financial report, Rallybio highlighted significant progress in its lead program, RLYB116, and strategic portfolio management through the sale of its interest in REV102 to Recursion Pharmaceuticals. The company also reported a reduction in its net loss compared to the previous year.
Key financial metrics revealed a decrease in revenue to $0.2 million from $0.3 million in the same quarter of 2024, primarily due to changes in collaboration agreements. Research and development expenses significantly decreased to $6.1 million, reflecting reduced development costs. The company also reported a net loss of $9.7 million, an improvement from the $16.2 million loss in the prior year. A notable strategic move was the sale of REV102, which is expected to extend Rallybio’s cash runway into mid-2027.
Rallybio’s ongoing focus is on advancing its RLYB116 program, with data readouts anticipated in the third and fourth quarters of 2025. The company is also evaluating future development plans for RLYB332, aimed at treating diseases of iron overload. Meanwhile, the RLYB212 program was discontinued due to unmet efficacy targets.
Looking ahead, Rallybio remains committed to its mission of developing life-transforming therapies and is poised to continue its strategic focus on advancing its pipeline and strengthening its financial position.