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Silexion Therapeutics Reports First Quarter 2026 Financial Results

Silexion Therapeutics reported financial results for the three months ended March 31, 2026. The company also provided updates on regulatory approvals and planned clinical trials for its lead product candidate.

Benzinga
1 source·May 18, 12:30 PM(11 days ago)·1m read
Silexion Therapeutics Reports First Quarter 2026 Financial Resultsbenzinga.com
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Silexion Therapeutics Corp. reported financial results for the three months ended March 31, 2026, and provided updates on its clinical development program. The company received approval from the Israeli Ministry of Health on March 24, 2026, to begin a Phase 2/3 clinical trial of SIL204 for locally advanced pancreatic cancer.

A Clinical Trial Application was submitted to Germany on April 28, 2026, through the EU Clinical Trials Information System.

It will start with a safety run-in cohort of approximately 18 patients, followed by a randomized cohort of approximately 166 patients. The trial will evaluate SIL204 in combination with standard chemotherapy using a dual-route administration approach that targets both primary tumors and metastatic disease.

Research and development expenses for the quarter totaled approximately $1.4 million, up 133.3% from $0.6 million in the same period of 2025. General and administrative expenses rose 27.3% to approximately $1.4 million from $1.1 million a year earlier.

Net loss for the quarter increased 58.8% to approximately $2.7 million from $1.7 million in the prior-year period. Cash and cash equivalents stood at $2.4 million as of March 31, 2026, down from $6.0 million at the end of 2025. Subsequent to quarter end, the company completed a warrant exercise inducement transaction that generated approximately $1.0 million in gross proceeds and raised additional capital through its at-the-market facility.

Key Facts

R&D expenses
$1.4 million for Q1 2026, up 133.3% year-over-year
Net loss
$2.7 million for Q1 2026, up 58.8% year-over-year
Cash position
$2.4 million as of March 31, 2026

Story Timeline

3 events
  1. March 24, 2026

    Israeli Ministry of Health approved Phase 2/3 trial of SIL204.

    1 sourceBenzinga
  2. April 28, 2026

    Clinical Trial Application submitted to Germany.

    1 sourceBenzinga
  3. May 18, 2026

    Silexion reported first quarter 2026 financial results.

    1 sourceBenzinga

Potential Impact

  1. 01

    The company plans to begin a Phase 2/3 clinical trial in the second quarter of 2026.

  2. 02

    Additional capital raised after quarter end will support ongoing clinical development.

Transparency Panel

Sources cross-referenced1
Confidence score65%
Synthesized bySubstrate AI
Word count226 words
PublishedMay 18, 2026, 12:30 PM
Bias signals removed2 across 1 outlet
Signal Breakdown
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