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Phio Pharmaceuticals Reports First Quarter 2026 Financial Results and Business Update

Completion of Lead Clinical Candidate PH-762 Dose Escalation Trial for Treatment of Skin Cancer with Favorable Safety and Pathology DataKey Development Agreements Secured for Nonclinical Toxicology and U.S. cGMP Clinical Supply ManufacturingKing of Prussia, Pennsylvania--(Newsfile Corp. - May 7, 2026) - Phio Pharmaceuticals Corp. (NASDAQ: PHIO) is a clinical-stage siRNA biopharmaceutical company developing therapeutics using its proprietary INTASYL® gene silencing technology to eliminate cancer.

articlePhio Pharmaceuticals Corp.May 7, 20265/company/phio-pharmaceuticals-corp/news/phio-pharmaceuticals-reports-first-quarter-2026-financial-results-and-business-update
Phio Pharmaceuticals Reports First Quarter 2026 Financial Results and Business Update

About this update from Phio Pharmaceuticals Corp.

[{"type":"text","content":"Completion of Lead Clinical Candidate PH-762 Dose Escalation Trial for Treatment of Skin Cancer with Favorable Safety and Pathology Data","length":136,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Key Development Agreements Secured for Nonclinical Toxicology and U.S. cGMP Clinical Supply Manufacturing","length":105,"tagName":"p"},{"type":"text","content":"King of Prussia, Pennsylvania--(Newsfile Corp. - May 7, 2026) - Phio Pharmaceuticals Corp. (NASDAQ: PHIO) is a clinical-stage siRNA biopharmaceutical company developing therapeutics using its proprietary INTASYL® gene silencing technology to eliminate cancer. Phio today reported its financial results for the quarter ended March 31, 2026, and provided a business update.","length":371,"tagName":"p"},{"type":"text","content":""We are enthusiastic with the successful completion of our Phase 1b clinical trial which now positions us for upcoming FDA interface which we expect will clarify next steps in advancing the PH-762 development program," said Robert Bitterman, President and Chief Executive Officer.","length":290,"tagName":"p"},{"type":"text","content":"Recent Corporate Updates","length":24,"tagName":"p"},{"type":"text","content":"PH-762 Progress","length":15,"tagName":"p"},{"type":"text","content":"PH-762 was evaluated in a U.S. multi-center Phase 1b dose-escalating clinical trial through the intratumoral injection of PH-762 for the treatment of patients with cutaneous squamous cell carcinoma, melanoma and Merkel cell carcinoma. The trial (NCT 06014086) was designed to evaluate the safety and tolerability of neoadjuvant use of intratumorally injected PH-762, assess the tumor response, and determine the dose or dose range for continued study of PH-762. The study was fully enrolled in November 2025 with a total of 22 patients, 20 with cutaneous squamous cell carcinoma, one with melanoma and one with Merkel cell carcinoma. The clinical phase of the trial is complete, and the final data is currently being analyzed. While final study data is pending formal analysis, an FDA submission intended to propose and seek guidance for next steps in clinical study design for PH-762 is targeted for the second quarter of 2026.","length":928,"tagName":"p","attribs":{}},{"type":"text","content":"Capital Sourcing ","length":16,"tagName":"p"},{"...

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Merkel cell carcinomasquamous cell carcinomaclinical trialResearch and DevelopmentThe Companydevelopment programclinical study designPHIO