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Avacta reports £38.6M loss in 2025, advances cancer drug trials, and raises £10M to fund R&D into 2027

Company Fundamentals
19 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Avacta Therapeutics posted a £38.6 million loss for 2025 amid strategic focus on its proprietary pre|CISION® cancer drug platform. The company progressed two clinical-stage programs, AVA6000 and AVA6103, showing promising safety and efficacy data, especially in salivary gland cancer. It strengthened its financial position by raising £10 million in March 2026, extending its cash runway into early 2027. Avacta expects initial clinical data from AVA6103 in late 2026 and plans further development and potential partnerships to advance its oncology pipeline.

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