CMMBNasdaqPharmaceutical PreparationsUS GAAP · USD

Chemomab Therapeutics Ltd.

Chemomab Therapeutics Ltd. is a clinical-stage biotechnology company focused on developing antibody-based therapies for fibro-inflammatory diseases. Its lead program, nebokitug, is designed to neutralize the soluble protein CCL24 and is being studied for primary sclerosing cholangitis and other immune-fibrotic conditions. The company is headquartered in Tel Aviv, Israel and is publicly listed on Nasdaq in the United States.

Liikevoitto (EBIT)−112milj. USD
−8,7 %v/v
Nettotulos−9,0milj. USD
+35,5 %v/v
Vapaa kassavirta−11,1milj. USD
+27,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−125−100−75−50−250milj. USD20202021202220232024: EBIT −103 milj. USD20242025: EBIT −112 milj. USD2025−112
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Lead therapeutic program85 %

Nebokitug and related clinical development activities targeting CCL24-driven fibrosis and inflammation.

Pipeline development10 %

Preclinical and translational work to expand nebokitug into additional fibro-inflammatory indications.

Partnering and licensing5 %

Out-licensing, collaboration, and strategic partnership opportunities around the nebokitug asset.

Asiakkaat

Chemomab does not sell commercial medicines to end patients; its economic counterparties are primarily pharmaceutical and biotechnology partners, regulators, investigators, and clinical trial sites. The company’s development programs are aimed at patients with severe fibro-inflammatory diseases, especially primary sclerosing cholangitis, where treatment options are limited and unmet need is high.

Strategic pharma partners

Potential licensees or collaborators that may fund development or commercialize nebokitug in defined territories or indications.

Regulatory agencies

FDA and other health authorities that review trial design, endpoints, and approval pathways for nebokitug.

Clinical trial ecosystem

Investigators, hospitals, and trial networks that enroll PSC and other fibro-inflammatory patients into studies.

Patients with rare fibro-inflammatory disease

Patients with PSC and related conditions who are the intended beneficiaries of the company’s therapies.

Strategia

Chemomab’s strategy centers on advancing nebokitug through late-stage clinical development in PSC and using translational data to support broader fibro-inflammatory indications. The company is also pursuing strategic partnering options, which can provide external validation and a path to broader development and commercialization.

Advance PSC clinical developmentLyhyt aikaväli

PSC is the lead indication and the clearest path to value creation for nebokitug.

Strengthen translational evidenceLyhyt aikaväli

Biomarker and mechanistic data help support disease-modifying claims and partnering interest.

Secure strategic partnershipsKeskipitkä aikaväli

A partner can provide capital, development scale, and commercialization reach.

Broaden indication scopeKeskipitkä aikaväli

Additional fibro-inflammatory diseases could expand the asset’s commercial opportunity.

Maantiede

Chemomab is headquartered in Tel Aviv, Israel, while its equity is listed on Nasdaq in the United States. Its development work is global in nature because clinical trials, regulatory interactions, and partnering discussions can span the U.S., Israel, Europe, and other research markets.

Riskit

Chemomab’s business depends heavily on the clinical and regulatory success of a single lead asset, so trial outcomes and approval timing are major value drivers. As a development-stage biotech, it also faces financing, partnering, and execution risk, while broader industry risks include competition, safety concerns, and uncertainty around biomarker-to-clinical translation.

Järjestetty vakavuuden mukaan
Clinical development failureKriittinen

Nebokitug is the lead asset, so negative efficacy or safety results would materially impair the company.

Kohdistuu: PSC Phase 3 and follow-on indications

Regulatory uncertaintyKorkea

Approval depends on FDA acceptance of endpoints, trial design, and evidence package.

Kohdistuu: PSC development pathway

Financing and dilution riskKorkea

Clinical-stage biotech companies typically require external capital before commercialization.

Kohdistuu: Operating runway and trial funding

Partnering execution riskKeskitaso

The company is pursuing strategic options that may not close on favorable terms or timing.

Kohdistuu: Out-licensing and collaboration discussions

Competitive and scientific riskKeskitaso

Other therapies or changing scientific views could reduce the perceived value of CCL24 targeting.

Kohdistuu: Fibro-inflammatory disease market

Kirjanpito

Harkinnanvaraiset erät
Research and development expense

Clinical trial costs, CRO accruals, and development spend drive the income statement.

Vaikutus: Affects operating loss and period-to-period comparability

Stock-based compensation

Equity awards are common in biotech and can be a significant non-cash expense.

Vaikutus: Affects reported operating expenses and dilution analysis

Clinical accrual estimates

Trial vendor invoices and patient enrollment timing require management estimates.

Vaikutus: Can shift expenses between quarters

Collaboration and milestone accounting

Partnering arrangements may require judgment on performance obligations and timing.

Vaikutus: Could affect revenue recognition if deals are signed

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Päivitetty: 18.7.2026