- Immunotech Biopharm published an announcement of annual results for the year ended Dec. 31, 2025.
- Loss before tax widened 23.9% to RMB230.91 million, and loss per share was RMB0.42.
- Other income fell 39.3% to RMB20.51 million, primarily due to decreased government grants.
- Net other losses were RMB69.54 million, mainly due to fair value loss on convertible bonds.
- R&D expenses declined 13.9% to RMB132.82 million, while administrative expenses fell 7.9% to RMB41.04 million.
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