StockWatch
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Biotechnology: Pharmaceutical Preparations
Quarterly ResultAug 13, 2026, 04:25 PM

NuCana Q2 Net Loss £3.1M; Cash Runway into 2029; Clinical Progress

AI Summary

NuCana plc reported a net loss of £3.1 million for the second quarter of 2026, a significant reduction from £24.1 million in the same period of 2025. For the first half of 2026, the net loss was £6.9 million, down from £26.6 million year-over-year. The company ended June 30, 2026, with £19.5 million in cash and cash equivalents, extending its cash runway into 2029. NuCana also announced the completion of patient recruitment for its Phase 2 NUC-7738 study, with final data expected later in 2026.

Key Highlights

  • Net loss for Q2 2026 was £3.1 million, compared to £24.1 million in Q2 2025.
  • Net loss for H1 2026 was £6.9 million, compared to £26.6 million in H1 2025.
  • Cash and cash equivalents totaled £19.5 million as of June 30, 2026.
  • Cash runway is anticipated to fund operations into 2029.
  • Patient recruitment completed for Phase 2 NUC-7738 study in melanoma.
  • Final data from Phase 2 NUC-7738 study expected later in 2026.
  • Share-based payment expenses for H1 2026 were £2.8 million.
  • Basic and diluted loss per ordinary share for H1 2026 was £0.00.