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StemRIM Inc. ( (JP:4599) ) has shared an announcement.
StemRIM Inc. reported its financial results for the nine months ending April 30, 2025, showing a continued net loss, with operating and ordinary income both at negative 1,511 million yen. Despite the financial challenges, the company remains focused on its research and development efforts, particularly in advancing Redasemtide and other candidates in its regenerative medicine pipeline. The company has secured sufficient funds for R&D activities through 2028, and while it has not provided a revenue forecast due to the unpredictable nature of milestone revenues, it anticipates ongoing progress in clinical trials and potential new partnerships.
More about StemRIM Inc.
StemRIM Inc. operates in the biotechnology industry, focusing on the development of regenerative medicine. Their primary product is Redasemtide, a peptide medicine created from HMGB1, which is part of their ‘Regeneration-Inducing Medicine™’ line. The company is committed to advancing clinical trials and licensing negotiations for its innovative treatments.
Average Trading Volume: 233,345
Technical Sentiment Signal: Sell
Current Market Cap: Yen19.51B
See more data about 4599 stock on TipRanks’ Stock Analysis page.