Nektar Therapeutics Q3 2026 net loss widens 57% to $55.65 million
- Nektar Therapeutics' third-quarter 2026 net loss widened 57% to $55.65 million, while revenue fell 20% to $9.39 million.
- Research and development expenses rose 62% to $44.12 million, primarily due to Phase 3 program support and rezpegaldesleukin manufacturing activities.
- Cash and marketable securities investments more than tripled to $952.9 million at September 30 from December 31, 2025.
- All three Phase 3 ZENITH AD trials have started, with the ZENITH AA trial scheduled to begin in December 2026.
- Initial ZENITH AD topline data are expected in mid-2028, with a BLA submission targeted for 2029.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nektar Therapeutics published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611121615PR_NEWS_USPR_____SF94209) on November 12, 2026, and is solely responsible for the information contained therein.