Ensysce net loss widens to $2.6 million in Q2 FY26; R&D expenses rise to $2.5 million
Reuters2026/08/13 20:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Ensysce Biosciences posted a Q2 net loss of $2.6 million, widening from a $1.7 million loss a year earlier.
- Cash and cash equivalents fell to $676,704 at June 30 from $4.3 million at Dec. 31, 2025.
- R&D expense rose to $2.5 million from $1.9 million, driven by higher external costs tied to PF614 clinical activity.
- Federal grant funding slipped to $1.2 million from $1.4 million on timing of MPAR grant-eligible research.
- Completed Cy Biopharma acquisition, adding orphan-designated CRPS candidate CY200; financings provided about $31 million net cash, extending runway into late 2027.
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. Ensysce Biosciences Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608131615ACCESSWRNAPR_____1207099) on August 13, 2026, and is solely responsible for the information contained therein.
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