Surrozen Q2 FY26 net income rises to $50.18 million; revenue climbs to $5 million
Reuters2026/08/06 20:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Surrozen posted Q2 net income of $50.2 million, up from $39.7 million a year earlier.
- Revenue rose to $5 million from $983,000, driven by a Boehringer Ingelheim milestone.
- Operating loss widened to $10.37 million from $9.02 million as R&D spending climbed to $8.5 million from $6 million.
- Cash and cash equivalents slipped to $102 million at June 30 from $106.9 million at March 31.
- Targets an SZN-8141 IND filing by end-Q3 2026, plans to start the DUET Phase 1b/2a DME trial by year-end.
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. Surrozen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061605PRIMZONEFULLFEED9805432) on August 06, 2026, and is solely responsible for the information contained therein.
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