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Oncotelic Therapeutics Inc

oncotelic.com

What Do They Do?

Develops antisense and injectable drug candidates for cancer treatment, alongside AI technologies for clinical development and manufacturing.

How Do They Make Money?

Customers pay for drug-development services as work is completed or over the service period; out-licensing payments are tied to milestones or required work.

FY2023 revenue

Do Revenues Turn Into Profits?

No. It lost $7.9M in FY2023.

Operating income, FY2023
−9497% of revenue
Net income, FY2023
−11290% of revenue

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
Net income
▲ +40%
vs $277.9K in Q2 FY2025
  • May 5, 2026 Transfers intellectual property through a merger Lunai issued Oncotelic preferred stock for its interest in the patent-holding entity; Oncotelic retained an exclusive license outside the biodefense and Alzheimer’s fields.

Shrinking. Revenue fell 96% in 3 years, from $1.7M in FY2020 to $70K in FY2023, about 66% a year.

Broader disease focus The older report framed the pipeline around rare pediatric cancers; the latest describes a broader cancer program and plans to extend its RNA therapeutics work to Duchenne muscular dystrophy and other diseases.

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