PolyPid Ltd. ( (PYPD) ) has released its Q3 earnings. Here is a breakdown of the information PolyPid Ltd. presented to its investors.
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PolyPid Ltd. is a late-stage biopharmaceutical company focused on enhancing surgical outcomes through its proprietary PLEX technology, which delivers controlled, prolonged-release therapeutics. The company operates primarily in the biopharma sector with a unique focus on improving surgical site infection prevention.
In its latest earnings report, PolyPid Ltd. announced significant progress in its regulatory and commercial strategies. The company is on track to submit a New Drug Application (NDA) for its lead product, D-PLEX 100, aimed at preventing abdominal colorectal surgical site infections, in early 2026. This follows a successful Phase 3 trial and ongoing discussions with potential U.S. partners.
Financially, PolyPid reported a net loss of $7.5 million for the third quarter of 2025, a slight improvement from the $7.8 million loss in the same period of 2024. The company’s research and development expenses decreased due to the completion of the SHIELD II Phase 3 trial, while general and administrative expenses saw an increase. The company also reported a healthy cash position of $18.8 million, sufficient to fund operations well into 2026.
Strategically, PolyPid has completed a successful inspection by the Israeli Ministry of Health, marking an important step towards commercial manufacturing readiness. The company also conducted U.S. market research to reinforce the value proposition of D-PLEX 100, which was presented at a major surgical congress.
Looking ahead, PolyPid remains focused on advancing its regulatory and commercial efforts to bring D-PLEX 100 to market. The company’s management is optimistic about its strategic partnerships and financial stability, positioning it well for future growth in the biopharma industry.

