Corvus Pharmaceuticals reports third quarter 2025 financial results

Reuters

Nov 05

Corvus Pharmaceuticals reports third quarter 2025 financial results

Corvus Pharmaceuticals Inc. reported a net loss of $10.2 million for the third quarter ended September 30, 2025, compared to a net loss of $40.2 million for the same period in 2024. The third quarter of 2024 included a non-cash loss of $32.8 million related to a change in the fair value of the company's warrant liability. Stock compensation expense for the third quarter of 2025 was $1.2 million, up from $0.7 million in 2024. The non-cash loss from the equity method investment in Angel Pharmaceuticals was $0.3 million in 2025, down from $0.7 million in 2024. Business developments included completion of enrollment in the soquelitinib atopic dermatitis Phase 1 trial extension cohort 4, with data announcement expected in January and a Phase 2 trial planned to start in early Q1 2026. The Phase 3 trial of soquelitinib in relapsed/refractory peripheral T cell lymphoma is ongoing, with multiple clinical sites open.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corvus Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-006973), on November 04, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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