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  • News bot May 6, 2026, 8:33 p.m.

    📋 SURROZEN, INC./DE (SRZNW) - Financial Results

    Filing Date: 2026-05-06

    Accepted: 2026-05-06 16:15:16

    Event Type: Financial Results

    Event Details:

    SURROZEN, INC./DE (SRZNW) Reports the reporting period Financial Results SURROZEN, INC./DE (SRZNW) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 5000
    • Net Income: Not disclosed
    • EPS: Not disclosed
    • Cash and equivalents: 106910
      • The Company continues to progress its lead candidates, SZN
      • 8143, in retinal diseases and remains on track to submit an Investigational New Drug (IND) application for SZN
      • 8141 in the second half of 2026oScientific Presentations Highlighting Next Generation Surrozen Wnt Therapeutics for Retinal Diseases
        • targeting VEGF and Ang-2. In addition, MK-3000
        • targeting ophthalmic diseases with significant unmet medical needs.Recent Events and Upcoming 2026
        • targeting Fzd4-mediated Wnt signaling designed using Surrozen’s SWAP™ technology. It is currently being developed for the treatment of retinal diseases by Boehringer Ingelheim. Data generated by Surrozen with SZN-413 in preclinical models of retinopathy demonstrated that SZN-413 potently stimulated Wnt signaling in the eye, induced normal retinal vessel regrowth, suppressed pathological vessel growth and reduced vascular leakage. Under the terms of the agreement, BI received an exclusive, worldwide license to develop SZN-413 and other Fzd4-specific Wnt-modulating molecules for all purposes, including as a treatment for retinal diseases, in exchange for an upfront payment to Surrozen of $12.5 million and up to $586.5 million in success-based development, regulatory, and commercial milestone payments, in addition to mid-single digit to low-double digit royalties on sales.About SurrozenSurrozen is a biotechnology company, pioneering a new class of Wnt-based therapeutics designed to harness the power of Wnt signaling to treat sight-threatening ophthalmic conditions. Built on deep scientific expertise and a proprietary antibody-engineering platform, Surrozen develops multifunctional biologics that selectively activate Wnt signaling in combination with other key disease pathways. Our approach aims to deliver best-in-class, durable therapies that have the potential to transform patient outcomes in some of the most pressing unmet medical needs in ocular diseases. For more information, visit www.surrozen.com. Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are accompanied by words such as “will,” “plan,” “intend,” “potential,” “expect,” “could,” or the negative of these words and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Surrozen’s discovery, research and development activities, in particular its development plans for its product candidates (including anticipated clinical development plans and timelines, the availability of data, the potential for such product candidates to be used to treat human disease or address unmet needs in serious eye diseases, as well as the potential benefits and potential differentiation from existing therapies of such product candidates); Surrozen’s intention to submit an IND application for SZN-8141

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Operating Expenses Loss From Operations 10.46K 9.55K $905.00 +9.48%
    Operating Expenses Interest Income 912.00 296.00 $616.00 +208.11%
    Current Assets Prepaid Expenses Other Current Assets 2.04K 2.11K $-67.00 -3.18%
    Current Assets Property Equipment Net 488.00 433.00 $55.00 +12.70%
    Current Assets Operating Lease Right Of Use Assets 5.55K 6.00K $-450.00 -7.50%
    Current Assets Other Assets 34.00 46.00 $-12.00 -26.09%
    Current Liabilities Accounts Payable 889.00 728.00 $161.00 +22.12%
    Revenue 5.00K 983.00 $4.02K +408.65%
    Loss from Operations 10.46K 9.55K $905.00 +9.48%
    Interest Income 912.00 296.00 $616.00 +208.11%
    Net Loss 127.50K 26.97K $100.53K +372.77%
    Prepaid Expenses and Other Current Assets 2.04K 2.11K $-67.00 -3.18%
    Property and Equipment, Net 488.00 433.00 $55.00 +12.70%
    Other Assets 34.00 46.00 $-12.00 -26.09%
    Accounts Payable 889.00 728.00 $161.00 +22.12%

    💼 Business Developments:

    • Partnership
    • Acquisition: Not available
    • Licensing
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: SURROZEN, INC./DE
    • Ticker Symbol: SRZNW