Entera Bio Announces Third Quarter 2025 Financial Results and Business Updates
FDA Agreement on BMD as Primary Endpoint for EB613 Registrational, Phase 3 Study
EB613 Phase 2 Data Demonstrating Consistent Efficacy across Younger Post-Menopausal Women with Osteoporosis and its Impact on Trabecular and Cortical Bone Indices, Highlighted at NAMS and ASBMR
Next-Generation EB613 Remains on Track for Phase 1 Initiation in Late 2025
Pre-Clinical Data for Oral OXM in Obesity and Oral GLP-2 in Short Bowel Syndrome in Collaboration with OPKO Presented at ENDO2025 and ESPEN
“Our achievements this quarter are testament to Entera’s leadership position in oral peptide innovation and our team’s unrelenting mission to deliver transformative treatments to patients, starting with post-menopausal women with osteoporosis,” said
Key Recent Highlights
EB613: First Oral PTH(1-34) Anabolic Tablet Treatment for Osteoporosis
- FDA Agreement on BMD as Primary Endpoint: In a written response to a Type A meeting, the FDA agreed with Entera’s proposal that a single multinational, randomized, double-blind, placebo-controlled, 24-month
Phase 3 study where change in total hip BMD is evaluated as the primary endpoint, and incidence of new or worsening vertebral fractures as the key secondary endpoint, would support an NDA marketing application for EB613.
- Strong Phase 2 Data Reinforce Early Onset of EB613 Anabolism: At the ASBMR 2025 Annual Meeting, Entera presented post-hoc 3D-DXA results showing significant increases in both trabecular and cortical bone indices after just six months of EB613 treatment, comparable to injectable teriparatide and abaloparatide. Mechanistically, the findings suggest that bone strengthening and fracture resistance may occur rapidly with EB613.
- Expanded Evidence in Early Postmenopausal Women: At the NAMS 2025 Meeting, new
Phase 2 analysis demonstrated EB613 ability to drive significant and consistent gains in BMD at the spine, femoral neck and hip in younger women within 10 years of menopause, with improvements comparable to those observed in women more than 10 years post-menopause. For younger high-risk women without a prior fracture, BMD is the single most important predictor of osteoporotic fractures. Today, it is estimated that less than 15% of women are willing to take or have access to currently approved anabolics, which require daily or monthly injections.
- Next-Gen EB613: Preclinical PK data presented at ASBMR showed comparable pharmacokinetic exposure to the current formulation using a single fixed dose regimen, validating the N-Tab™ platform and potential franchise expansion. A
Phase 1 trial of Next-Gen EB613 currently remains on track to initiate in late 2025.
- Positive PK data presented at ESPEN 2025: The joint Entera-OPKO abstract highlighted a plasma half-life of approximately 15 hours, representing an 18-fold improvement over teduglutide (Gattex®), the only approved GLP-2 therapy, which requires a daily injection. The daily GLP-2 tablet candidate could fundamentally change how SBS patients are treated, offering a less-invasive administration that can be titrated to enable personalized dosing in this rare and heterogeneous condition.
Dual GLP-1/Glucagon OXM Tablet Program (in collaboration with OPKO)
- Encouraging preclinical data presented at the
Endocrine Society (ENDO) 2025 annual meeting: In the abstract titled “First-in-Class Oral Dual GLP-1/Glucagon Agonist for Patients with Obesity and Metabolic Disorders” PK data reported from a minipig study show plasma levels of OPK-88006 consistent with those reported in humans for the highest, 2.4 mg subcutaneous dose of Wegovy (semaglutide) weekly injection, a standard of care for the treatment of obesity. An IND for oral OXM is planned for H1 2026.
EB612: Oral PTH(1-34) Peptide Replacement Therapy for Hypoparathyroidism
- Collaborative studies evaluating a novel, long-acting PTH analog remain on track to deliver first PK/PD pre-clinical data for a single tablet candidate by year-end 2025.
Financial Results for the Quarter Ended
Cash and cash equivalents were
Net loss was
Research and development expenses were
General and administrative expenses were
Total operating expenses were
About
Entera is a clinical stage company focused on developing oral peptide and protein replacement therapies for significant unmet medical needs where an oral tablet form holds the potential to transform the standard of care. The Company leverages on a disruptive and proprietary technology platform (N-Tab™) and its pipeline of first-in-class oral peptide programs targeting PTH(1-34), GLP-1 and GLP-2. The Company’s most advanced product candidate, EB613 (oral PTH(1-34)), is being developed as the first oral, osteoanabolic (bone building) once-daily tablet treatment for post-menopausal women with low BMD and high-risk osteoporosis. A placebo-controlled, dose-ranging
Cautionary Statement Regarding Forward Looking Statements
Various statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements (other than statements of historical facts) in this press release regarding our prospects, plans, financial position, business strategy and expected financial and operational results may constitute forward-looking statements. Words such as, but not limited to, "anticipate," "believe," "can," "could," "expect," "estimate," "design," "goal," "intend," "may," "might," "objective," "plan," "predict," "project," "target," "likely," "should," "will," and "would," or the negative of these terms and similar expressions or words, identify forward-looking statements. Forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions and uncertainties. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. Important factors that could cause actual results to differ materially from those reflected in Entera's forward-looking statements include, among others: changes in the interpretation of clinical data; results of our clinical trials; the
Company Contact:
Ms.
Chief Executive Officer,
Email: miranda@enterabio.com
CONSOLIDATED BALANCE SHEETS
(
| 2025 | 2024 | ||
| (Unaudited) | (Audited) | ||
| Cash and cash equivalents | 8,574 | 8,660 | |
| Accounts receivable and other current assets | 405 | 312 | |
| Restricted cash and deposit | 8,114 | 80 | |
| Property and equipment, net | 114 | 57 | |
| Other assets | 200 | 281 | |
| Total assets | 17,407 | 9,390 | |
| Accounts payable and other current liabilities |
1,571 | 1,176 | |
| Total non-current liabilities | 602 | 134 | |
| Total liabilities | 2,173 | 1,310 | |
| Total shareholders' equity | 15,234 | 8,080 | |
| Total liabilities and shareholders' equity | 17,407 | 9,390 | |
CONSOLIDATED STATEMENTS OF OPERATIONS
(
(Unaudited)
| Three Months Ended |
|||
| 2025 | 2024 | ||
| REVENUES | - | 42 | |
| COST OF REVENUES | - | 42 | |
| GROSS PROFIT | - | - | |
| OPERATING EXPENSES: | |||
| Research and development | 1,643 | 1,477 | |
| General and administrative | 1,613 | 1,544 | |
| TOTAL OPERATING EXPENSES | 3,256 | 3,021 | |
| OPERATING LOSS | 3,256 | 3,021 | |
| FINANCIAL INCOME, NET | (56) | - | |
| NET LOSS | 3,200 | 3,021 | |
| LOSS PER SHARE BASIC AND DILUTED | 0.07 | 0.08 | |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE | 47,085,722 | 37,644,612 | |
Source: Entera Bio
