Coya Therapeutics Q3 net loss widens to $10.6 million on lower revenue
Coya Therapeutics reported a third-quarter 2026 net loss of $10.6 million, up from $2.1 million a year earlier, as collaboration revenue fell to $0.2 million from $3.6 million and research and development expenses rose to $8.6 million. The company said enrollment is complete in its Phase 2/3 ALSTARS trial of COYA 302 for ALS, with topline data expected in early Q2 2027, and that its $35.8 million in cash is sufficient into the second half of 2027.
Key points
- Net loss of $10.6 million for the quarter ended September 30, 2026, versus $2.1 million a year earlier
- Collaboration revenue of $0.2 million, down from $3.6 million in the prior-year quarter, which included a $3.3 million license recognition
- Research and development expenses rose to $8.6 million from $2.9 million, mainly due to the COYA 302 ALS Phase 2/3 trial
- Cash and cash equivalents of $35.8 million as of September 30, 2026; topline ALSTARS data expected early Q2 2027
The filing
Written by AI on Nov 10, 2026, 8:23 AM ET, from this filing only.
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