sur Theranexus (EPA:ALTHX)
THX Pharma strengthens its financial position as of December 31, 2025
Biopharmaceutical company THX Pharma has revealed its cash position, which stands at €7,764,000 at the end of 2025, a significant increase compared to the €1,979,000 recorded in September of the same year. This financial boost is primarily due to a strategic agreement with Biocodex. This partnership includes an initial payment of €12 million in March 2026, bringing the pro forma cash position to €21.7 million.
This development allows THX Pharma to realize its strategy focused on the Batten-1 program and the TX01 product. The agreement with Biocodex entails full coverage of the Batten-1 program development costs. Meanwhile, TX01 remains on track for commercialization by Biocodex and Exeltis, with a planned launch in 2027.
THX Pharma is preparing to release its annual financial results on April 28, 2026, confirming its growth and development trajectory in treatments for rare neurological diseases.
R. P.
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