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Scienture Holdings, Inc.
SCIENTURE Reports Q3 2025 Financial Results and Provides Business Update
Business
Nov 13 2025
13 min read

SCIENTURE Reports Q3 2025 Financial Results and Provides Business Update

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Reports Significant Revenue Growth to $590K and Substantial Increase in Gross Profit to $575K

Launched Sales of Arbli, the First FDA-Approved Ready-To-Use Liquid Formulation of Losartan for Hypertension

COMMACK, NY, Nov. 13, 2025 (GLOBE NEWSWIRE) -- SCIENTURE HOLDINGS, INC. (NASDAQ: SCNX), a holding company for existing and planned pharmaceutical operating companies focused on providing enhanced value to patients, physicians and caregivers through the development, commercialization, and distribution of novel specialty products that address unmet market needs, today provided a business update and reported financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Highlights Compared to Third Quarter 2024:

  • Launched sales of Arbli (losartan potassium).

  • Net revenue increased from approximately $65 thousand to $590 thousand.

  • Gross profit increased from approximately $4 thousand to $575 thousand.

“Q3 was a transformational quarter for Scienture as we commenced sales of Arbli,” commented Narasimhan Mani, President and Co-CEO of Scienture. “We delivered strong results this quarter, with significant increases in net revenues and gross profit as we entered full commercial scale-up of our first FDA-approved product, Arbli. In the past month, Arbli™ was added to key national payor formularies, expanding access to over 100 million covered lives, and we secured GPO agreements reaching more than 2,500 healthcare institutions, representing potential penetration into roughly 20% of the U.S. institutional market. As we broaden our marketing efforts and demand builds across retail, institutional, and long-term care channels, we see significant potential for sustained adoption and long-term value creation. Subsequent to the end of the third quarter, we fundamentally strengthened our balance sheet by substantially reducing our outstanding debt and significantly enhancing our cash position to over $8 million as of November 13, 2025. Having optimized our capital structure, we are now strongly positioned and adequately capitalized to advance our commercial and operational priorities.”

“Backed by a strong commercial infrastructure and the successful launch of Arbli, Scienture is preparing to commercially launch REZENOPY®, a life-saving opioid overdose emergency treatment, in Q1 2026,” stated Shankar Hariharan, Executive Chairman and co-CEO of Scienture. “REZENOPY® is the most potent naloxone HCl product currently available, leveraging a proven active ingredient and delivery method while offering increased effectiveness against today’s more powerful opioids. Additionally, our development pipeline remains strong, and we continue to evaluate additional opportunities to add accretive products to our commercial portfolio. Delivering sustained shareholder value remains the Company’s core priority.”

About Arbli

Arbli is a novel proprietary formulation of losartan, a widely prescribed angiotensin receptor blocker (ARB) for hypertension. It is the first and only liquid formulation of losartan on the market that does not require compounding and has reduced dosing volume and long-term shelf life at room temperature storage. Arbli is FDA-approved for the treatment of hypertension in patients greater than six years old, for reducing the risk of stroke in patients with hypertension and left ventricular hypertrophy, and for treating diabetic nephropathy in certain patients with type 2 diabetes. By offering a safe, effective, and convenient liquid alternative, Arbli provides a tailored solution for patients who require or prefer a liquid formulation. As an FDA-approved product, Arbli provides consistent quality and dosing accuracy, addressing the risks and inconsistencies often associated with extemporaneously compounded losartan prescriptions. Arbli has two issued patents from the USPTO, which are also listed in the FDA Orangebook.

Arbli is the first and only oral liquid formulation of losartan approved by the U.S. FDA. Arbli comes in a 165 mL bottle as a peppermint flavored suspension that does not require refrigeration, and has been approved for a shelf life of 24 months from the date of manufacture when stored at room temperature.

INDICATION

Arbli is an angiotensin II receptor blocker (ARB) indicated for:

  • Treatment of hypertension, to lower blood pressure in adults and children greater than 6 years old. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.

  • Reduction of the risk of stroke in patients with hypertension and left ventricular hypertrophy.

  • Treatment of diabetic nephropathy with an elevated serum creatinine and proteinuria in patients with type 2 diabetes and a history of hypertension.

IMPORTANT SAFETY INFORMATION

  • Do not take Arbli when pregnant. When pregnancy is detected, discontinue Arbli as soon as possible. Drugs that act directly on the renin-angiotensin system can cause injury and death to the developing fetus. Arbli can cause fetal harm when administered to a pregnant woman. Use of drugs that act on the renin-angiotensin system during the second and third trimesters of pregnancy reduces fetal renal function and increases fetal and neonatal morbidity and death.

  • Do not co-administer Arbli with aliskiren in patients with diabetes. Avoid use of aliskiren with Arbli in patients with renal impairment (GFR <60 mL/min).

  • Do not administer Arbli in patients with severe hepatic impairment. Arbli has not been studied in patients with severe hepatic impairment.

  • The most common adverse reactions are (incidence ≥2% and greater than placebo): dizziness, upper respiratory infection, nasal congestion, and back pain.

You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088. You may also contact Scienture at 1-833-754-4917.

Please see the full Prescribing Information for complete product information. For more information, talk to your healthcare provider.

About Hypertension

Hypertension (high blood pressure) is a cardiovascular condition, when the pressure in the blood vessels is too high (140/90 mmHg or higher). According to the CDC, hypertension, or high blood pressure, affects nearly half of adults in the United States, or 119.9 million people. Hypertension is defined as a systolic blood pressure of 140 mmHg or higher, and diastolic blood pressure of 90 mmHg or higher. Hypertension is a risk factor for stroke and heart disease, which are leading causes of death in the U.S. Factors that increase the risk of having high blood pressure include: older age, genetics, being overweight or obese, not being physically active, high-salt diet and drinking too much alcohol. Hypertension is clinically diagnosed if, when blood pressure is measured on two different days, the systolic blood pressure readings on both days is ≥140 mmHg and/or the diastolic blood pressure readings on both days is ≥ 90 mmHg.

About Scienture Holdings, Inc.

SCIENTURE HOLDINGS, INC. (NASDAQ: “SCNX”), through its wholly owned subsidiary, Scienture, LLC, is a comprehensive pharmaceutical product company focused on providing enhanced value to patients, physicians and caregivers by offering novel specialty products to satisfy unmet market needs. Scienture, LLC is a branded, specialty pharmaceutical company consisting of a highly experienced team of industry professionals who are passionate about developing and bringing to market unique specialty products that provide enhanced value to patients and healthcare systems. The assets in development at Scienture are across therapeutics areas, indications and cater to different market segments and channels. For more information please visit: www.scientureholdings.com and www.scienture.com.

Cautionary Statements Regarding Forward-Looking Statements

This press release contains certain statements that may be deemed to be “forward-looking statements” within the federal securities laws, including the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Statements that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events or our future performance or future financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about our company, our industry, our beliefs and our assumptions. Such forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, including for the products we may launch, the success those products may have in the marketplace, our strategies related to those products, and our future financial condition and results from operations. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” or the negative of these terms or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are subject to a number of risks and uncertainties (some of which are beyond our control) that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements. These risks include risks relating to agreements with third parties; our ability to raise funding in the future, as needed, and the terms of such funding, including potential dilution caused thereby; our ability to continue as a going concern; security interests under certain of our credit arrangements; our ability to maintain the listing of our common stock on the Nasdaq Capital Market; claims relating to alleged violations of intellectual property rights of others; the outcome of any current legal proceedings or future legal proceedings that may be instituted against us; unanticipated difficulties or expenditures relating to our business plan; and those risks detailed in our most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

Forward-looking statements speak only as of the date they are made. Scienture Holdings, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as otherwise provided by law.

Contact:

SCIENTURE HOLDINGS, INC.
20 Austin Blvd
Commack, NY 11725
Phone: (866) 468-6535
Email: IR@Scienture.com

(Tables follow)

Scienture Holdings, Inc. formerly TRxADE HEALTH, INC.
Condensed Consolidated Balance Sheets
As of September 30, 2025 and December 31, 2024
(Unaudited)

 

 

September 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

ASSETS

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

Cash

 

$

355,692

 

 

$

308,096

 

Accounts receivable, net

 

 

590,050

 

 

 

11,106

 

Inventory

 

 

234,521

 

 

 

-

 

Prepaid expenses

 

 

240,811

 

 

 

4,560

 

Notes receivable - related party

 

 

-

 

 

 

1,300,000

 

Other receivables

 

 

-

 

 

 

4,138,770

 

Deferred offering costs

 

 

-

 

 

 

534,800

 

Current assets of discontinued operations

 

 

-

 

 

 

8,145

 

Total current assets

 

 

1,421,074

 

 

 

6,305,477

 

Property, plant and equipment, net

 

 

16,000

 

 

 

17,500

 

Deposits

 

 

-

 

 

 

22,039

 

Notes receivable

 

 

5,000,000

 

 

 

-

 

Interest receivable

 

 

62,500

 

 

 

-

 

Intangible assets, net

 

 

76,400,000

 

 

 

76,400,000

 

Goodwill

 

 

21,372,960

 

 

 

21,372,960

 

Operating lease right-of-use assets

 

 

23,360

 

 

 

201,433

 

Deferred tax asset

 

 

534,396

 

 

 

534,396

 

Total assets

 

$

104,830,290

 

 

$

104,853,805

 

 

 

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

Accounts payable

 

$

3,672,860

 

 

$

2,898,683

 

Accrued liabilities

 

 

984,825

 

 

 

1,313,731

 

Other current liabilities

 

 

-

 

 

 

5,441

 

Loan payable, related party

 

 

531,000

 

 

 

415,000

 

Convertible note, net of debt discount - current portion

 

 

2,000,000

 

 

 

2,285,423

 

Operating lease liability - current

 

 

24,137

 

 

 

63,334

 

Warrant liability

 

 

138,624

 

 

 

919,935

 

Current liabilities of discontinued operations

 

 

-

 

 

 

5,346

 

Total current liabilities

 

 

7,351,446

 

 

 

7,906,893

 

Convertible notes, net of debt discount

 

 

-

 

 

 

612,275

 

Derivative liability

 

 

-

 

 

 

2,296,834

 

Operating lease liability - net of current portion

 

 

-

 

 

 

156,469

 

Development agreement liability

 

 

1,285,000

 

 

 

1,285,000

 

Deferred tax liability

 

 

13,524,213

 

 

 

13,524,213

 

Total liabilities

 

 

22,160,659

 

 

 

25,781,684

 

 

 

 

 

 

 

 

 

 

Commitments and contingencies (Note 15)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders’ equity (deficit):

 

 

 

 

 

 

 

 

Series A preferred stock, $0.00001 par value; 0 and 9,211,246 shares authorized; 0 shares issued and outstanding as of both September 30, 2025 and December 31, 2024

 

 

-

 

 

 

-

 

Series B preferred stock, $0.00001 par value; 787,754 shares authorized; 15,759 shares issued and outstanding as of both September 30, 2025 and December 31, 2024

 

 

-

 

 

 

-

 

Series C preferred stock, $0.00001 par value; 1,000 shares authorized; 0 shares issued and outstanding as of both September 30, 2025 and December 31, 2024

 

 

-

 

 

 

-

 

Series X preferred stock, $0.00001 par value; 9,211,246 shares authorized; 0 shares issued and outstanding as of both September 30, 2025 and December 31, 2024

 

 

-

 

 

 

-

 

Common stock, $0.00001 par value; 100,000,000 shares authorized; 23,132,260 and 8,750,582 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively

 

 

231

 

 

 

87

 

Additional paid-in capital

 

 

135,100,304

 

 

 

118,111,007

 

Accumulated deficit

 

 

(52,430,904

)

 

 

(39,038,973

)

Total stockholders’ equity

 

 

82,669,631

 

 

 

79,072,121

 

Total liabilities and stockholders’ equity

 

$

104,830,290

 

 

$

104,853,805

 


Scienture Holdings, Inc. formerly TRxADE HEALTH, INC.

Condensed Consolidated Statements Of Operations
For the Three and Nine Months Ended September 30, 2025 and 2024
(Unaudited)

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenues

 

$

590,050

 

 

$

64,861

 

 

$

600,308

 

 

$

83,560

 

Cost of goods sold

 

 

15,429

 

 

 

60,978

 

 

 

25,014

 

 

 

80,380

 

Gross profit

 

 

574,621

 

 

 

3,883

 

 

 

575,294

 

 

 

3,180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wage and salary expense

 

 

251,747

 

 

 

708,977

 

 

 

1,721,554

 

 

 

1,243,621

 

Professional fees

 

 

1,320,845

 

 

 

593,364

 

 

 

1,943,458

 

 

 

1,282,053

 

Accounting and legal expense

 

 

1,018,737

 

 

 

619,227

 

 

 

1,871,245

 

 

 

1,129,982

 

Technology expense

 

 

9,756

 

 

 

157,474

 

 

 

92,784

 

 

 

295,763

 

General and administrative

 

 

2,165,398

 

 

 

168,649

 

 

 

6,449,110

 

 

 

5,284,231

 

Research and development

 

 

169,344

 

 

 

1,253,983

 

 

 

1,587,572

 

 

 

1,253,983

 

Total operating expenses

 

 

4,935,827

 

 

 

3,501,674

 

 

 

13,665,723

 

 

 

10,489,633

 

Operating loss

 

 

(4,361,206

)

 

 

(3,497,791

)

 

 

(13,090,429

)

 

 

(10,486,453

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-operating income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in fair value of warrant liability

 

 

59,203

 

 

 

502,178

 

 

 

781,311

 

 

 

(392,843

)

Change in fair value of derivative liability

 

 

2,356,428

 

 

 

-

 

 

 

2,296,834

 

 

 

-

 

Loss on conversion of note payable

 

 

43,200

 

 

 

-

 

 

 

(53,446

)

 

 

-

 

Loss on disposition of subsidiaries

 

 

97,324

 

 

 

-

 

 

 

(288,204

)

 

 

-

 

Interest income

 

 

1,120

 

 

 

29,445

 

 

 

89,710

 

 

 

133,397

 

Loss on disposal of asset

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(374,968

)

Interest expense

 

 

(1,803,430

)

 

 

(217,433

)

 

 

(3,127,707

)

 

 

(320,897

)

Total non-operating expense

 

 

753,845

 

 

 

314,190

 

 

 

(301,502

)

 

 

(955,311

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

 

(3,607,361

)

 

 

(3,183,601

)

 

 

(13,391,931

)

 

 

(11,441,764

)

Benefit / (provision) for income taxes

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Net loss from continuing operations, net of tax

 

 

(3,607,361

)

 

 

(3,183,601

)

 

 

(13,391,931

)

 

 

(11,441,764

)

Net income from discontinued operations, net of tax

 

 

-

 

 

 

-

 

 

 

-

 

 

 

27,670,294

 

Net (loss) income

 

$

(3,607,361

)

 

$

(3,183,601

)

 

$

(13,391,931

)

 

$

16,228,530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share from continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.19

)

 

$

(1.34

)

 

$

(0.94

)

 

$

(7.10

)

Diluted

 

$

(0.19

)

 

$

(1.34

)

 

$

(0.94

)

 

$

(7.10

)

Net (loss) income per common share from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

-

 

 

$

-

 

 

$

-

 

 

$

17.17

 

Diluted

 

$

-

 

 

$

-

 

 

$

-

 

 

$

14.64

 

Net (loss) income per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.19

)

 

$

(1.34

)

 

$

(0.94

)

 

$

10.07

 

Diluted

 

$

(0.19

)

 

$

(1.34

)

 

$

(0.94

)

 

$

8.59

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

18,957,653

 

 

 

2,373,848

 

 

 

14,269,905

 

 

 

1,611,221

 

Diluted

 

 

18,957,653

 

 

 

2,373,848

 

 

 

14,269,905

 

 

 

1,889,504