Addex Therapeutics LtdWider net loss and lower revenue, with cash only CHF 0.93M.

Addex Therapeutics reported a first-quarter net loss of CHF 1.71 million, wider than the CHF 1.47 million loss a year ago, as revenue fell sharply. Revenue dropped to CHF 8,000 from CHF 71,000 in the prior-year quarter, while research and development expenses declined to CHF 0.04 million from CHF 0.16 million. Cash and cash equivalents stood at CHF 0.93 million as of March 31, 2026. The company is advancing its M4 positive allosteric modulator NTX-253 through its spun-out entity Neurosterix, with a Phase 1 trial for schizophrenia expected to complete in July. Addex is also developing a GABAB PAM for chronic cough in preclinical studies.
Addex Therapeutics LtdWider net loss and lower revenue, with cash only CHF 0.93M.
NTX-253 advancing in Phase 1 for schizophrenia, expected to complete in July.