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Entera Bio Ltd. — Third Quarter 2026 Earnings Summary

  • Reported a net loss of $15.6 million ($0.11 per share) for Q3 2026, compared to $3.2 million ($0.07 per share) in the prior year period, driven primarily by a $7.5 million non-cash fair value remeasurement of pre-funded warrants and increased R&D expenses to $4.9 million.
  • Completed an oversubscribed private placement in July 2026 raising approximately $275.0 million in gross proceeds, resulting in total cash and cash equivalents of $265.9 million as of September 30, 2026.
  • Cash resources are sufficient to fund the EB613 Phase 3 registrational program through topline results and NDA submission, with first site activation expected in late 2026 and topline results anticipated in the second half of 2028.
  • Expanded leadership and board teams with key appointments in clinical development and governance, while the FDA accepted the proposed registrational development plan for EB613 in June 2026.
  • No revenue was generated in the quarter, with the company transitioning into late-stage clinical execution mode for its lead asset, EB613, an oral anabolic treatment for osteoporosis.
Company
ENTERA BIO LTD
Sector
Healthcare
Industry
Biotechnology