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Indaptus Therapeutics reports Q3 2026 results, raises $24M for new neurotechnology sleep device research

Company Fundamentals
13 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Indaptus Therapeutics reports Q3 2026 results, raises $24M for new neurotechnology sleep device research

Indaptus Therapeutics announced its Q3 2026 financial results, highlighting a net loss reduction to $1 million from $3 million year-over-year, and a significant decrease in R&D and administrative expenses. The company raised approximately $24 million through a private placement to fund working capital and new research, including early-stage development of a neurotechnology-based device targeting sleep-related conditions. With $30.6 million in cash and investments as of September 30, 2026, Indaptus aims to expand its strategic focus and pursue innovative medical opportunities, potentially leading to future FDA submissions.

Indaptus Therapeutics' Q3 2026 financial results provide context for readers. For those tracking the health sector, 71 of 150 US health stocks on Pluang rose while 75 fell as of Nov 14, 2026 04:11 WIB. Notable movers include Alnylam Pharmaceuticals, Inc. (ALNY) with a price of USD 165.74 and 100% buy order activity, Ginkgo Bioworks Holdings Inc (DNA) down 5.96% at USD 9.62 with 93% sell orders, and Summit Therapeutics Inc (SMMT) at USD 14.20 with 88% buy orders.

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