PolyPid Announces SHIELD II Trial Progress and Financials
Company Announcements

PolyPid Announces SHIELD II Trial Progress and Financials

PolyPid (PYPD) has released an update.

PolyPid Ltd. has completed patient enrollment for the interim analysis of its SHIELD II Phase 3 trial, testing D-PLEX100 for preventing surgical site infections, with results expected soon. The company reported a net loss for Q3 2024, driven by increased R&D expenses, but maintains a strong cash position to fund operations into 2025, with potential to extend into 2026. Investors keeping a close eye on the upcoming trial outcomes may find PolyPid’s strategic financial management noteworthy.

For further insights into PYPD stock, check out TipRanks’ Stock Analysis page.

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