Talphera reports Q3 EPS (11c) vs. (13c) last year

Reports Q3 revenue $1K vs. $0 last year. “The financing closed in September, led by a strategic investment from CorMedix, combined with future conditional tranches, is expected to provide us sufficient capital through at least a Niyad PMA approval anticipated in 2026. Their investment, along with investment from existing and new financial investors, further validates the attractiveness of the Niyad market opportunity,” stated CEO Vince Angotti . “In addition, we’re excited about the high quality and skilled execution of the NEPHRO study sites. Importantly, we have received consistent feedback from the principal investigators conveying eagerness for nafamostat to be available as their preferred alternative to current CRRT anticoagulants. The positive enrollment momentum in the NEPHRO clinical study has continued and we look forward to the recently activated sites and the remaining four planned sites to further accelerate the enrollment rate to complete the study in the first half of 2026.”