Nuvectis Pharma reports Q3 results

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  • Nuvectis Pharma press release (NVCT): Q3 net loss was $7.5 million.
  • The increase in Q3 net loss was primarily due to a one-time $2.0 million milestone achievement expense for NXP900 and $0.7 million related to the clinical drug-drug interaction study, the company said.
  • Interest income was $0.3 million.
  • Cash runway expected to support the company’s operations into 3Q-2027.
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