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Addex Therapeutics reported a net loss of CHF 1.7 million for the first quarter of 2026, as part of its regular quarterly financial update. The report also provided progress on its spin-out Neurosterix and the lead candidate NTX-253 (M4 PAM) currently in Phase 1 development for schizophrenia.
Addex's net loss in Q4 2025 was CHF 2.1 million, indicating a modest improvement. Cash and cash equivalents at the end of Q1 2026 stood at approximately CHF 8.5 million, providing a cash runway to support ongoing development of NTX-253 and other activities. While no near-term catalysts are expected, the Phase 1 progress of NTX-253 remains a key focus for investors.
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