Transgene FY26 H1 net loss narrows 18.79% to €15.67 million
Bitget2026/09/24 15:45- Transgene posted a net loss of EUR 15.67 million for H1 2026, narrowing from EUR 19.3 million a year earlier.
- Operating loss narrowed to EUR 16.74 million, while operating income fell 34.64% to EUR 2.99 million.
- Cash and equivalents totaled EUR 92.8 million at June 30, down from EUR 111.9 million at Dec. 31.
- Cash burn rose to EUR 20.3 million, and financial visibility was reiterated through early 2028 under current plans.
- TG4050 Phase 2 recruitment finished, TG4070 Phase 1 started, and TG-MVA advanced toward clinical development on positive preclinical data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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