Successful Commercial Launch of ZUNVEYL
The second quarter of 2025 marked the successful commercial launch of ZUNVEYL for Alzheimer's disease, with prescriptions written in over 300 nursing homes and repeat prescriptions in 65% of these homes.
Revenue Growth from ZUNVEYL
Generated total revenue of $1.7 million for Q2 2025, including $1.6 million from ZUNVEYL sales.
Strong Cash Position
The company held approximately $39.4 million in unrestricted cash and cash equivalents as of June 30, 2025.
Regulatory Progress in China
ZUNVEYL's application was accepted for review by Chinese regulatory authorities, with plans to file in four additional countries by the end of 2025.
Positive Prescriber Feedback
Encouraging engagement from prescribers with 90% of ZUNVEYL orders filled, despite some payer-related hurdles.
R&D Progress with ALPHA-1062
Bomb Blast preclinical study concluded with ALPHA-1062 showing reduced neuroinflammation and potential roles in treating TBI.