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Armata advances Phase 3 trial preparations for AP-SA02, reports Q3 2026 net income of $54.9M driven by convertible loan gains.

Company Fundamentals
12 Nov 2026, 23:05 WIB
PRNewsWire
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Bullish
Armata advances Phase 3 trial preparations for AP-SA02, reports Q3 2026 net income of $54.9M driven by convertible loan gains.

Armata Pharmaceuticals announced progress in preparing for the Phase 3 superiority study of AP-SA02, a bacteriophage therapy for antibiotic-resistant Staphylococcus aureus infections. The company received FDA Breakthrough Therapy designation and additional funding from the U.S. Department of War to support clinical development. In Q3 2026, Armata reported a net income of $54.9 million, largely due to a $69.6 million gain from changes in the fair value of a convertible loan, despite operational losses. The Phase 3 trial is expected to start in the second half of 2026, pending FDA approval of the study protocol.

Armata Pharmaceuticals financial results provide context for readers. For those following health-sector stocks, 23 out of 150 US stocks rose and 124 fell on Pluang. Notable movers as of Nov 13, 2026 04:11 WIB include RXRX at USD 3.34 (-6.96%), HRTX at USD 0.33 (-6.90%), and TWST at USD 114.14 (-6.89%).

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