10/06/2026
We are pleased to report our first quarter 2026 financial results!
Q1 2026 represented a tremendously important quarter for Scinai as we officially closed our hashtag of Recipharm Israel and Strategic hashtag with Recipharm. This allowed us to realize a tremendous increase not only in our total asset value but also in our total shareholder equity due to a gain from bargain purchase on the transaction of approximately $6.1M.
As we head into the 2H of 2026, Scinai is focused on scaling our CDMO platform, advancing pipeline programs toward key inflection points, and creating long-term shareholder value!
๐ Link to the full earnings release in the comments section!