- SinoMab published an annual results announcement for the year ended Dec. 31, 2025, including a change in use of proceeds.
- Loss for the year was RMB105.0 million, a 43.3% decrease.
- Total funding available to use was RMB351.5 million, more than doubled, reflecting share subscription proceeds and partially offset by bank borrowing repayments, operating cash outflows and capital expenditures.
- Net cash used in operating activities was RMB70.48 million, while net cash from financing activities was RMB329.39 million.
- Business updates included positive Phase 1b topline results for SM17 in atopic dermatitis, initiation of a Phase 1 bridging study for subcutaneous administration, and NMPA acceptance of an SM17 IND for inflammatory bowel disease.
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. SinoMab BioScience Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063744), on March 23, 2026, and is solely responsible for the information contained therein.