Regulatory Advancements for Iopofosine I-131
Received confirmation of eligibility to file for conditional marketing approval in the EU based on the Clover Wham study, with an 80% chance of success. Also planning to submit an NDA for accelerated approval in the US.
Financial Position Strengthened
Raised approximately $12.7 million in recent financings, with a strong balance sheet expected to fund operations into the third quarter of 2026.
Positive Clinical Developments
Initiation of phase 1b study of CLR125 for triple-negative breast cancer and CLR225 targeting pancreatic cancer. Positive data showcased at major conferences.
Reduced Expenses and Net Loss
Research and development expenses decreased to $2.5 million from $5.5 million, and general and administrative expenses decreased to $2.3 million from $7.8 million year-over-year. Net loss reduced to $4.4 million from $14.7 million.