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OSE Immunotherapeutics (OSE) investor relations material

OSE Immunotherapeutics H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2025 earnings summary25 Sep, 2025

Executive summary

  • Cash position as of June 30, 2025, was €41.6 million, down from €64.2 million at December 31, 2024.

  • Operations are funded until the beginning of Q4 2026 based on current assumptions and resources.

  • Delay anticipated in the Phase 1 trial initiation for ABBV-230, impacting expected milestone payments.

Financial highlights

  • Cash and cash equivalents totaled €25.4 million; fixed-term deposits classified as current and non-current financial assets were €16.2 million as of June 30, 2025.

  • Cash position decreased by €22.6 million compared to December 31, 2024.

Outlook and guidance

  • Cash runway extends to Q4 2026, assuming exercise of remaining warrants but excluding any new milestone payments.

  • If anticipated milestones are received in 2026, cash runway could extend to at least Q1 2027.

  • Several options under evaluation to extend runway, including new partnerships, equity financing, and debt restructuring.

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H2 202525 Mar, 2026
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Frequently asked questions

OSE Immunotherapeutics SA is a French biotechnology company focused on developing immunotherapies for cancer, autoimmune diseases, and infectious diseases. The company’s pipeline includes innovative treatments aimed at modulating the immune system, including checkpoint inhibitors, therapeutic vaccines, and monoclonal antibodies. OSE Immunotherapeutics leverages proprietary technology platforms to design therapies that target specific immune pathways, with the goal of improving patient outcomes in conditions where immune response plays a critical role. The company collaborates with research institutions and pharmaceutical companies to advance its clinical programs. The company is headquartered in Nantes, France, and its shares are listed on Euronext Paris.

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