Anixa Biosciences
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Anixa Biosciences (ANIX) investor relations material

Anixa Biosciences Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary12 Jan, 2026

Executive summary

  • Focused on developing oncology therapies and vaccines, with lead programs in CAR-T for ovarian cancer and vaccines for breast and ovarian cancer.

  • No revenue generated from therapeutics or vaccine programs to date; legacy revenue from technology licensing.

  • Completed Phase 1 trial for breast cancer vaccine with positive safety and immune response data; preparing for Phase 2.

  • Ongoing Phase 1 trial for ovarian cancer CAR-T therapy, with multiple dose cohorts completed and well-tolerated.

Financial highlights

  • No revenue in fiscal years 2025 and 2024; operations funded by cash, investments, and equity offerings.

  • Research and development expenses decreased to $5.1M in 2025 from $6.4M in 2024.

  • General and administrative expenses decreased to $6.6M in 2025 from $7.4M in 2024.

  • Net loss for 2025 was $11.0M, compared to $12.7M in 2024.

  • Cash, cash equivalents, and short-term investments at year-end 2025 totaled $15.2M, down from $19.9M in 2024.

Outlook and guidance

  • Existing liquidity expected to fund activities for at least the next twelve months.

  • No expectation of near-term revenue from current therapeutics or vaccine programs; focus remains on advancing clinical trials and seeking licensing opportunities.

  • May seek additional funding through equity or debt if needed.

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Frequently asked questions

Anixa Biosciences Inc is a biotechnology company focused on developing therapies and vaccines for cancer and infectious diseases. The company pursues programs in immunotherapy, cancer vaccines, and antiviral therapies through research partnerships and internal development. Anixa Biosciences operates in the early-stage biotechnology sector. The company is headquartered in San Jose, California, and its shares are listed on the NASDAQ.

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