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OSE Immunotherapeutics: 2025 Financial Review and 2026 Outlook

Graphique de l'évolution du cours de l'action ORPHAN SYNERGY EUROPE-PHARMA (EPA:OSE).

OSE Immunotherapeutics has released its unaudited financial results for 2025, revealing operating revenues of €2.7 million, down from €83.4 million in 2024. This decrease is attributed to the absence of exceptional income received the previous year. Research expenditures increased by 11.5% to €33.9 million, reflecting the continuation of projects such as the Phase 3 trial of Tedopi®.

The net result shows a loss of €37.7 million compared to a profit of €37.4 million in 2024. The company had €17.6 million in cash at the end of 2025 and plans to secure its financing until the fourth quarter of 2026. A postponement of the filing of the 2025 Universal Registration Document has been announced, until May 2026. Alternative financing options and partnerships remain under consideration.

R. E.

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