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Jade Biosciences advances autoimmune drug trials, reports Q3 2026 loss, and holds $476M cash runway to 2028

Company Fundamentals
13 Nov 2026, 14:00 WIB
GlobeNewsWire
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Bullish
Jade Biosciences advances autoimmune drug trials, reports Q3 2026 loss, and holds $476M cash runway to 2028

Jade Biosciences announced progress in its autoimmune disease drug pipeline, including starting a Phase 3 trial for JADE101 in IgA nephropathy in Q4 2026 and ongoing Phase 1 and 2 trials for other candidates. The company reported a net loss of $35.1 million for Q3 2026, driven by increased R&D and administrative expenses. With $476 million in cash and investments, Jade expects to fund operations through late 2028. These developments position the company for multiple clinical milestones in 2027, aiming to deliver new therapies for autoimmune conditions.

Jade Biosciences reported a net loss of $35.1 million for Q3 2026, with ongoing clinical trials and a strong cash position of $476 million as of late 2026. For readers following the health sector, here is Pluang's market snapshot as of Nov 13, 2026 18:41 WIB: out of 150 priced US health stocks, 93 rose and 49 fell. Notable movers include BNGO at USD 1.01 with a 1-day change of -2.88%, RPRX at USD 67.09 down 2.73%, and AHCO at USD 7.68 down 2.41% with 100% sell order activity on Pluang.

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