Talphera, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of therapies for use in medically supervised settings. Its lead product candidate is Niyad, a lyophilized formulation of nafamostat, which is under an investigational device exemption as an anticoagulant for the extracorporeal circuit. It is also developing LTX-608, an anti-inflammatory and antiviral potential for the treatment of multiple conditions, including COVID-19, disseminated intravascular coagulation (DIC), acute respiratory distress syndrome (ARDS), and acute pancreatitis; Fedsyra, a pre-filled ephedrine syringe; and PFS-02, a pre-filled phenylephrine syringe. The company was formerly known as AcelRx Pharmaceuticals, Inc. and changed its name to Talphera, Inc. in January 2024. Talphera, Inc. was incorporated in 2005 and is headquartered in San Mateo, California.
Talphera Announces Second Quarter 2026 Financial Results and Provides Corporate Update
Talphera reported a Q2 net loss of $4.3 million, or $0.06 per share, with cash and investments totaling $17.1 million as of June 30.
The NEPHRO CRRT study is 75% enrolled and remains on track for completion by year-end, bolstered by a positive inclusion of nafamostat in draft 2026 KDIGO guidelines.
The company regained Nasdaq compliance with the $1 bid price rule and updated market research indicates a 21% increase in estimated annual U.S. CRRT procedures.