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
📋 SURROZEN, INC./DE (SRZNW) - Financial Results
Filing Date: 2026-05-06
Accepted: 2026-05-06 16:15:16
Event Type: Financial Results
Event Details:
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