Gyre Therapeutics reports Q2 2026 revenue of $29.1 million and affirms full-year guidance

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Gyre Therapeutics reported second quarter 2026 revenue of $29.1 million and a GAAP basic loss per share of $0.12, while affirming its full-year 2026 revenue guidance of $100.5 to $111.0 million. The company's lead product ETUARY generated $28.0 million in sales, up from $23.5 million a year earlier, though total revenue dipped 2% due to the end of a collaboration agreement with Astellas Pharma. In May, China's Center for Drug Evaluation accepted the New Drug Application for F351 as a treatment for chronic hepatitis B-induced liver fibrosis, and Gyre closed its all-stock acquisition of Cullgen valued at approximately $300 million. Research and development expenses surged to $19.1 million from $8.4 million, driven by clinical trial costs and a milestone payment tied to the F351 application, contributing to a net loss of $14.3 million compared to a $2.2 million loss in the prior-year period.

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Gyre Therapeutics Inc.
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Reports Q2 revenue and affirms guidance, with ETUARY sales up and F351 NDA accepted.

Biotech & Genomic Medicine · 1 stocks

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