PHIONasdaqPharmaceutical PreparationsUS GAAP · USD

Phio Pharmaceuticals Corp.

Phio Pharmaceuticals Corp. is a U.S.-based clinical-stage biotechnology company focused on developing RNAi-based immuno-oncology therapies. Through its subsidiary MirImmune, LLC, the company advances INTASYL drug candidates such as PH-762 and PH-894 for potential use in cancer treatment.

Liikevoitto (EBIT)−9,2milj. USD
−24,8 %v/v
Nettotulos−8,7milj. USD
−21,7 %v/v
Vapaa kassavirta−8,0milj. USD
−12,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−15−10−50milj. USD2020: 0,00 milj. USD2020: EBIT −8,8 milj. USD20202021: EBIT −14 milj. USD20212022: EBIT −11 milj. USD20222023: EBIT −11 milj. USD20232024: EBIT −7,4 milj. USD20242025: EBIT −9,2 milj. USD2025−9,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
RNAi therapeutic platform40 %

INTASYL-based RNA interference technology used to silence target genes in immune and cancer cells.

Clinical-stage oncology candidates35 %

Lead and pipeline drug candidates being developed for immuno-oncology applications.

Preclinical development services15 %

IND-enabling studies, translational research, and early-stage development work.

Intellectual property portfolio10 %

Patents and pending applications covering compounds, technologies, and geographic protection.

Asiakkaat

Phio does not sell commercial products today; its primary counterparties are clinical collaborators, research vendors, regulators, and capital providers that support drug development. If its candidates advance, the eventual customers would be oncology patients through physicians and healthcare systems, with adoption depending on clinical efficacy, safety, and regulatory approval.

Clinical development partners

Research organizations and collaborators that support preclinical studies, assay work, and trial execution.

Regulatory agencies

U.S. and other regulators that review IND submissions and clinical packages for PH-762 and PH-894.

Future oncology prescribers

Oncologists and cancer centers that would use approved therapies if the pipeline reaches commercialization.

Capital providers

Equity and debt investors that fund ongoing R&D and public-company operations.

Strategia

Phio’s strategy centers on advancing its lead immuno-oncology candidate PH-762 while continuing preclinical work on PH-894 and protecting the INTASYL platform through patents. The company also prioritizes capital preservation and financing access so it can fund development through regulatory milestones and potential partnering opportunities.

Advance PH-762 clinical developmentLyhyt aikaväli

The lead candidate is the main path to value creation and potential partnering.

Prepare PH-894 for IND submissionKeskipitkä aikaväli

Broadens the pipeline and creates a second development asset.

Protect and rationalize IP portfolioKeskipitkä aikaväli

Patent coverage supports exclusivity and future licensing leverage.

Secure development fundingLyhyt aikaväli

Clinical biotechnology requires ongoing external capital before product revenue exists.

Maantiede

Phio is headquartered in the United States and concentrates its development and patent activity there, while also maintaining patent coverage in Canada, Europe, Japan, and other markets. Its operational footprint is primarily U.S.-based, but its intellectual property strategy reflects a broader international protection approach for future partnering and commercialization.

Riskit

Phio faces the typical risks of a pre-commercial biotech company: clinical and regulatory uncertainty, dependence on external financing, and the possibility that candidates do not demonstrate sufficient safety or efficacy. The company also has specific listing and liquidity risks tied to Nasdaq compliance, which can affect market access and financing flexibility.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Financing dependence2Nasdaq continued listing compliance3Supply and trade policy disruption4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Clinical development failureVaikutus: Kriittinen

    Drug candidates may not show sufficient efficacy or safety in preclinical or clinical testing.

    KohdistuuPH-762PH-894
  2. Financing dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    Operations are funded primarily through external capital until any product revenue exists.

    KohdistuuEquityDebtStrategic funding
  3. Nasdaq continued listing complianceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company must maintain minimum bid price and equity requirements to remain listed.

    Kohdistuu: Nasdaq Capital Market listing

  4. Supply and trade policy disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Research and development inputs may be delayed or become more expensive.

    Kohdistuu: Preclinical and clinical development operations

Kirjanpito

Harkinnanvaraiset erät
Research and development accruals

CRO and study costs are estimated based on work performed and can shift period expense.

Vaikutus: Affects operating expense timing and liabilities

Stock-based compensation

Public biotech companies often use equity awards to conserve cash.

Vaikutus: Affects operating expenses and equity

Going-concern assessment

Limited cash and recurring losses require management judgment about funding sufficiency.

Vaikutus: Affects disclosure and investor perception

Equity financing and reverse stock splits

Capital raises and share consolidations change share count and per-share metrics.

Vaikutus: Affects dilution and comparability

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026