Traws Pharma Q2 FY26 net loss widens to $3.0 million; revenue logs no revenue
TRAW•Program update
The company plans an MHRA resubmission for tivoxavir marboxil by the end of Q3 2026. CEO Iain Dukes said it is moving quickly on a revised toxicology package.
Quarterly results
Traws Pharma posted a Q2 net loss of $3.05 million, widening from a $915,000 loss a year earlier.
Revenue was no revenue, versus $2.73 million a year earlier, on non-recurring deferred revenue recognized in Q2 2025.
R&D expense fell 52.01% to $1.1 million, while G&A climbed more than doubled to $3.48 million.
Cash and cash equivalents rose to $5.02 million at June 30, up from $3.82 million at Dec. 31.




