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Clarity Pharmaceuticals (CU6) investor relations material
Clarity Pharmaceuticals H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved significant clinical milestones, including progression of two Phase III trials for SAR-bisPSMA in prostate cancer and positive Phase II data for SARTATE (NETs) and SAR-Bombesin (prostate cancer).
Raised $203.6 million in a placement, strengthening the cash position to $277 million pro-forma at June 2025.
Refocused strategy on high-value, high-probability clinical programs to extend cash runway amid market volatility.
Expanded manufacturing and supply chain agreements to support anticipated commercial rollout.
Financial highlights
Net loss for the year ended 30 June 2025 was $64.3 million, up from $42.3 million in 2024, driven by increased R&D expenditure.
Research and development expenses rose to $66.9 million (up $21.1 million year-over-year).
Cash and financial assets at 30 June 2025 totaled $84.1 million, with a pro-forma cash balance of $277 million post-placement.
No dividends declared or paid.
Outlook and guidance
Well-funded to support ongoing clinical trials and regulatory submissions through FY2026.
Focus remains on progressing SAR-bisPSMA, SARTATE, and SAR-Bombesin towards commercialisation, with additional assets in the pipeline.
Anticipates further clinical data readouts and potential Phase III trial initiations in the coming year.
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