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FibroBiologics (FBLG) investor relations material
FibroBiologics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary31 Jul, 2025
Executive summary
Focused on developing fibroblast-based therapies for chronic diseases, with lead candidates in wound healing, multiple sclerosis, degenerative disc disease, and psoriasis; no product revenue to date.
Completed preclinical studies for CYWC628 and CYMS101, with a Phase 1/2 trial for diabetic foot ulcers in Australia planned for Q1 2026.
Formed an Australian subsidiary to sponsor clinical trials and completed manufacturing of master and working cell banks for CYWC628.
Closed third $5 million tranche of $25 million financing to fund R&D and clinical trials.
Appointed new CFO with over 25 years of experience and engaged a consultant for strategic advisory and capital raising support.
Financial highlights
Net loss of $4.7 million for Q2 2025 and $9.6 million for the six months ended June 30, 2025, compared to $0.9 million net income and $7.6 million net loss in prior year periods.
Operating expenses increased to $4.5 million in Q2 2025 from $3.2 million in Q2 2024, driven by higher R&D and administrative costs.
Research and development expenses rose to $3.8 million for the six months ended June 30, 2025, up from $1.9 million year-over-year.
General and administrative expenses were $2.4 million in Q2 2025 and $5.2 million for the six months ended June 30, 2025.
Cash and cash equivalents were $8.8 million as of June 30, 2025, down from $14.0 million at year-end 2024.
Outlook and guidance
Expects to continue incurring significant losses as R&D and clinical activities expand; no product revenue anticipated in the near term.
Plans to initiate a Phase 1/2 clinical trial for CYWC628 in Australia in Q1 2026, with completion targeted for Q3 2026, pending resolution of manufacturing issues.
Pre-clinical IND-enabling studies for psoriasis treatment CYPS317 to be completed by end of 2025.
Ongoing need for additional capital to fund operations; substantial doubt exists about ability to continue as a going concern without further financing.
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Next FibroBiologics earnings date
2025 ThinkEquity Conference30 Oct, 2025
Next FibroBiologics earnings date
2025 ThinkEquity Conference30 Oct, 2025
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Frequently asked questions
FibroBiologics Inc. is a biotechnology company that specializes in regenerative medicine and cell therapy. The company is focused on developing innovative treatments and potential cures for chronic diseases using fibroblast cells and fibroblast-derived materials. FibroBiologics holds over 150 U.S. and international patents and patents pending, covering various clinical pathways including orthopedics, multiple sclerosis, psoriasis, wound healing, and cancer. The company is headquartered in Houston, Texas, and its shares are listed on the NASDAQ.
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