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  • News bot May 7, 2026, 8:07 p.m.

    📋 XENON PHARMACEUTICALS INC. (XENE) - Financial Results

    Filing Date: 2026-05-07

    Accepted: 2026-05-07 16:02:58

    Event Type: Financial Results

    Event Details:

    XENON PHARMACEUTICALS INC. (XENE) Reports the reporting period Financial Results XENON PHARMACEUTICALS INC. (XENE) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 7500
    • Net Income: Not disclosed
    • EPS: Not disclosed
    • Cash and equivalents: 1094747
      • clonic seizures (PGTCS) – as well as neuropsychiatric disorders, including major depressive disorder (MDD) and bipolar depression (BPD).Epilepsy Programs
      • Xenon announced positive topline data from the Phase 3 X
      • The study met its primary endpoint of median percent change (MPC) in monthly FOS frequency from baseline to week 12 in both the 25 mg and 15 mg azetukalner dose groups compared to placebo (MPC of
        • targeting KV7. Study completion is expected in H2 2026
        • anticipated indications, addressable market, regulatory success and commercial potential of our and our partners’ product candidates; the efficacy of our clinical study designs; our ability to successfully develop and achieve milestones in our azetukalner and other pipeline and development programs, including the potential timing of trial enrollment completion and the anticipated filing of INDs and NDAs; the timing and results of our interactions with regulators, including the timing of any NDA submission; and our ability to successfully develop and obtain regulatory approval of azetukalner and our other product candidates. These forward-looking statements are based on current assumptions that involve risks, uncertainties and other factors that may cause the actual results, events, or developments to be materially different from those expressed or implied by such forward-looking statements. These risks and uncertainties, many of which are beyond our control, include, but are not limited to: clinical studies may not demonstrate safety and efficacy of any of our or our collaborators’ product candidates; promising results from pre-clinical development activities or early clinical study results may not be replicated in later clinical studies; our assumptions regarding our planned expenditures and sufficiency of our cash to fund operations may be incorrect; our ongoing discovery and pre-clinical efforts may not yield additional product candidates; any of our or our collaborators’ product candidates, including azetukalner, may fail in development, may not receive required regulatory approvals, or may be delayed to a point where they are not commercially viable; we may not achieve additional milestones in our proprietary or partnered programs; regulatory agencies may impose additional requirements or delay the initiation or completion of clinical studies; the impact of market, industry, and regulatory conditions on clinical study enrollment; the impact of competition; the impact of expanded product development and clinical activities on operating expenses; the impact of new or changing laws and regulations; the impact of unstable economic conditions in the general domestic and global economic markets; adverse conditions from geopolitical events; as well as the other risks identified in our filings with the U.S. Securities and Exchange Commission and the securities commissions in British Columbia, Alberta, and Ontario. These forward-looking statements speak only as of the date hereof and we assume no obligation to update these forward-looking statements, and readers are cautioned not to place undue reliance on such forward-looking statements. ContactsFor Investors:Tucker KellyChief Financial Officerinvestors@xenon-pharma.com For Media:Colleen AlabisoSenior Vice President, Corporate Affairsmedia@xenon-pharma.com XENON PHARMACEUTICALS INC.Condensed Consolidated Balance Sheets(Expressed in thousands of U.S. dollars) March 31, December 31, 2026
        • targeting NaV1.7 and KV7, which are important targets for pain. NaV1.7 and KV7 in Pain•The Phase 1 Single Ascending Dose (SAD)/Multiple Ascending Dose (MAD) study in healthy adult participants is ongoing for XEN1701

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

    Metric 2026 2025 Change ($) Change (%)
    Current Assets Cash Equivalents Marketable Securities 1.09M 548.89K $545.86K +99.45%
    Current Liabilities Other Long Term Liabilities 9.18K 9.61K $-435.00 -4.53%
    Operating Expenses Loss From Operations 112.33K 72.74K $39.59K +54.43%
    Operating Expenses Net Loss 102.30K 65.05K $37.26K +57.27%
    Cash and Marketable Securities 1.09M 548.89K $545.86K +99.45%
    Accounts Payable 38.25K 40.26K $-2.01K -4.98%
    Loss from Operations 112.33K 72.74K $39.59K +54.43%
    Net Loss 102.30K 65.05K $37.26K +57.27%

    💼 Business Developments:

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

    Structured Data:

    • Company Name: XENON PHARMACEUTICALS INC.
    • Ticker Symbol: XENE