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Coya Therapeutics (COYA) investor relations material
Coya Therapeutics Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
COYA 302 Phase 2/3 ALSTARS enrollment completed at 137 participants versus 120 planned; FDA granted Fast Track Designation for ALS in May 2026.
ALSTARS topline data from the 24-week double-blind phase is expected in early Q2 2027; an open-label extension will offer continued COYA 302 treatment.
No product sales have been recorded; revenue comes from the Dr. Reddy’s collaboration, while development and operating costs drive losses.
Financial highlights
Q3 2026 collaboration revenue was $234,134 vs. $3.56M YoY; Q3 2025 included $3.3M of immediately recognized license revenue.
Q3 net loss was $10.62M vs. $2.12M, with loss per share of $0.45 vs. $0.13; operating loss was $10.9M vs. $2.4M.
Q3 R&D expense rose to $8.57M from $2.92M, primarily reflecting COYA 302 ALS trial costs; G&A was $2.6M in both periods.
9M 2026 collaboration revenue was $729,026 vs. $3.99M; net loss was $24.46M vs. $15.52M and loss per share was $1.05 vs. $0.93.
9M R&D expense increased to $17.70M from $11.79M; other income was $1.17M vs. $1.01M, primarily reflecting higher interest earned on cash balances.
Outlook and guidance
Cash of $35.80M at September 30, 2026, was expected to fund planned operations into H2 2027 and past the ALSTARS topline readout; management also concluded funds would not support operations for more than one year after issuance of the statements.
Significant additional financing is expected to support trials and operations; spending is expected to rise with later-stage development and manufacturing scale-up.
Additional ALS and AD mechanistic and single-cell proteomics data were expected in 4Q 2026–Q1 2027, subject to publication; FTD biomarker data was expected in Q1 2027.
A Phase 2 COYA 302 study in FTD is planned for 2027.
- COYA 302 ALS topline is expected early Q2 2027, with cash runway into H2 2027.COYA
Investor presentation - ALSTARS is fully enrolled, with ALS topline data expected early Q2 2027.COYA
Investor presentation - Treg-based combination therapies show promise in ALS and FTD, with key data expected in 2027.COYA
Investor presentation - Treg-based therapies show promise in ALS and FTD, with key Phase 2 data expected in 2027.COYA
Investor presentation - Q2 2026 net loss rose to $6.6M as R&D spending increased and $43.2M cash remained.COYA
Q2 2026 - COYA 302 advances to phase 2B ALS trial, with major data and partnership milestones set for 2025.COYA
Oppenheimer 35th Annual Healthcare Life Sciences Conference (Virtual) 2025 - Treg-targeted therapies advance in ALS and FTD, with pivotal data expected in 2027.COYA
Investor presentation - Board elections, auditor ratification, and clinical milestones highlighted; all proposals approved.COYA
AGM 2026 - Inflammation-driven brain injury from repetitive trauma is a major public health concern.COYA
Investor update
Next Coya Therapeutics earnings date
Next Coya Therapeutics earnings date
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