Stock Titan Balance sheet
Polaryx Therapeutics (PLYX) cuts losses as cash rises to $11.5M
Polaryx Therapeutics, a clinical-stage biotech company, reported a narrowed net loss of $1.4 million for Q2 2026 and $3.9 million for the first half of 2026, alongside a significant increase in cash and cash equivalents to $11.5 million, primarily due to a $10 million equity financing. The company plans to initiate a Phase 2 proof-of-concept basket trial (SOTERIA) …