Corbus Shares Advance as Pipeline Progress Takes Center Stage
03.09.2025 - 17:36:05Strong Cash Position Supports Ambitious Plans
Corbus Pharmaceuticals shares edged higher in after-hours trading, reaching $9.93 after closing at $9.74?a gain of nearly 2 percent. Investor attention remains fixed on the company’s latest quarterly results and, more significantly, advancements within its clinical development pipeline.
The biotechnology firm reported a second-quarter 2025 net loss of $17.7 million, a figure that exceeded analyst expectations. Operating expenses climbed to $19.2 million, primarily driven by increased clinical development activities.
Despite these losses, Corbus maintains a substantial financial cushion. With $116.6 million in cash and investments, the company is funded through the second quarter of 2027. This robust capital position provides significant runway for its ambitious research and development initiatives.
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