HELP: Net loss widened to $148M as R&D accelerated; Phase 3 HLP003 data expected Q4 2026
The company reported a net loss of $148 million for FY26, driven by increased R&D and administrative expenses as it advanced its lead programs HLP003 and HLP004 through late-stage clinical trials. Cash reserves rose to $157 million following major equity financings, with topline Phase 3 data for HL…