Traws Pharma Posts Q2 Revenue Jump
Traws Pharma (NASDAQ:TRAW), a clinical-stage biopharmaceutical company focused on antivirals for COVID-19 and influenza, released its second quarter results on August 14, 2025. The most notable news was a sudden jump in reported revenue, up to $2.7 million (GAAP) from $0.06 million (GAAP) in Q2 2024, solely due to the one-time recognition of deferred revenue after a licensing agreement for an oncology program was terminated. This did not reflect underlying commercial progress in the company's core antiviral pipeline. Net loss (GAAP) narrowed sharply to $0.9 million from $123.1 million in Q2 2024, with the prior-year figure inflated by a large acquisition-related charge. There are no analyst estimates available for meaningful comparison. Overall, the quarter spotlighted pipeline activity and ongoing financial constraints, with operational funding needs becoming more pressing.
Traws Pharma develops experimental drugs aimed at preventing and treating respiratory viral infections, especially COVID-19 and influenza. Its business centers on moving two core antiviral candidates through clinical trials, as well as seeking partnerships for its legacy oncology drug programs.
The company's main priorities right now are preparing ratutrelvir (a COVID-19 antiviral tablet) and tivoxavir marboxil (an influenza and bird flu antiviral tablet) for Phase 2 studies and potential government stockpiling. Key success factors include achieving positive clinical trial results, navigating regulatory approval requirements, and demonstrating an ability to address drug-resistant virus strains—an area of unmet medical need.
Source Fool.com
