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NeuroSense Provides Business Update and Progress for the First Half of 2025

Key Takeaway: NeuroSense Therapeutics has provided a business update for the first half of 2025, highlighting significant progress in its investigational therapy PrimeC for ALS. The company regained compliance with Nasdaq requirements and is preparing for a pivotal Phase 3 trial. Financial results show a reduced operating loss compared to the previous year, although the company still faces challenges with its accumulated deficit.
Price reaction · baseline $1.8 (2025-07-31 close) · hit pre-market · clean, no other NRSN news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • NeuroSense regained compliance with Nasdaq's requirements.
  • Progress in advancing PrimeC towards a pivotal Phase 3 trial.
  • Positive financial results with reduced operating loss compared to last year.

CONCERNS & RISKS

  • Current liabilities exceed current assets, indicating financial strain.
  • Accumulated deficit has increased, reflecting ongoing financial challenges.

Full Press Release Details

CAMBRIDGE, Mass.,July 31, 2025/PRNewswire/ --NeuroSense Therapeutics Ltd.(NASDAQ:NRSN) ("NeuroSense"), a late-stage clinical biotechnology company developing novel treatments for severe neurodegenerative diseases, today provided business update with corporate highlights to date and financial results of the first half of 2025.
NeuroSense is advancing PrimeC, its investigational combination therapy for amyotrophic lateral sclerosis (ALS), through regulatory pathways while preparing for a pivotal Phase 3 trial.
"The first half of 2025 has been transformational for NeuroSense. We regained compliance with Nasdaq's stockholders' equity requirement, generated additional long–term data from our Phase2bALS, PARADIGM study, and advanced our manufacturing capabilities," said Alon Ben–Noon, Chief Executive Officer of NeuroSense. "Our team is focused on accelerating the path to a pivotal Phase 3 trial as the next step in potentially bringing a meaningful treatment to people living with ALS as quickly as possible."
Upcoming Corporate Highlights for H2 2025 include:
First Half 2025 Corporate Highlights
H1 2025 Financial Results:
A summary of NeuroSense's unaudited consolidated financial results is included in the tables below.
About ALS
Amyotrophic lateral sclerosis ("ALS") is an incurable neurodegenerative disease that causes complete paralysis and death within 2-5 years from diagnosis. Every year, more than 5,000 people are diagnosed with ALS in the U.S. alone, with an annual disease burden of $1 billion. The number of people living with ALS is expected to grow by 24% by 2040 in the U.S. and EU.
About PARADIGM
PARADIGM is a prospective, multinational, randomized, double-blind, placebo-controlled Phase2b(NCT05357950) clinical trial of PrimeC in ALS. The trial included 68 participants living with ALS inCanada,Italy, and Israel.
During the first 6 months of the trial, 45 participants were randomized to receive PrimeC, and 23 participants were randomized to receive placebo. This was followed by a 12-month open-label extension with all participants receiving PrimeC in a blinded manner, where neither the participants nor the clinical staff were aware of the initial treatment allocation.Most patients enrolled in both the active and placebo arms of the trial were concurrently treated with Riluzole, the ALS standard of care medication, indicating PrimeC slowed disease progression well beyond the level afforded by the FDA approved ALS drug.
About PrimeC
PrimeC, NeuroSense's lead drug candidate, is a novel extended-release oral formulation composed of a unique fixed-dose combination of two FDA-approved drugs: ciprofloxacin and celecoxib. PrimeC is designed to synergistically target several key mechanisms of ALS that contribute to motor neuron degeneration, inflammation, iron accumulation and impaired ribonucleic acid ("RNA") regulation to potentially inhibit the progression of ALS. NeuroSense completed a Phase 2a clinical trial which met its safety and efficacy endpoints including reducing functional and respiratory deterioration and statistically significant changes in ALS-related biological markers indicating PrimeC's biological activity. PrimeC was granted Orphan Drug Designation by the U.S. Food and Drug Administration and the European Medicines Agency.
About NeuroSense
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease, among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit ourwebsiteand follow us onLinkedIn,YouTubeandX. Information that may be important to investors may be routinely posted on our website and these social media channels.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding a commercial launch inCanadaand market potential. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. The future events and trends may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward looking statements. These risks include the risk that that the commercial launch of PrimeC will not expeditious, that there will not be dependable and compliant sourcing for commercial-scale production volumes of PrimeC,  that the shelf life of PrimeC will not be as anticipated, lower than anticipated market opportunity inCanadaand elsewhere, that regulatory approvals for PrimeC will be delayed or not obtained inCanadaor elsewhere; insufficient capital to complete development of PrimeC, the timing of expected regulatory and business milestones; the potential for PrimeC to safely and effectively target ALS; preclinical and clinical data for PrimeC; the uncertainty regarding outcomes and the timing of current and future clinical trials; the development and commercial potential of any product candidates of Neurosense; the ability of NeuroSense to remain listed on Nasdaq; and other risks and uncertainties set forth in NeuroSense's filings with the Securities and Exchange Commission (SEC). You should not rely on these statements as representing our views in the future. More information about the risks and uncertainties affecting NeuroSense is contained under the heading "Risk Factors" in the Annual Report on Form 20-F filed with the Securities and Exchange Commission onApril 7, 2025and NeuroSense's subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of this date, and NeuroSense undertakes no duty to update such information except as required under applicable law.
NeuroSense Therapeutics Ltd.
Condensed Interim Unaudited balance sheets
U.S. dollars in thousands
June 30, December 31,
2025 2024
Assets
Current assets:
Cash and cash equivalent 666 3,378
Other receivables 847 989
Restricted deposit 43 35
Total current assets 1,556 4,402
Non-current assets:
Property, plant and equipment, net 63 66
Operating right of use assets 42 84
Restricted deposit 23 23
Total non-current assets 128 173
Total assets 1,684 4,575
Liabilities and Equity
Current liabilities:
Trade payables 1,093 1,160
Other payables 1,110 832
Total current liabilities 2,203 1,992
Total liabilities 2,203 1,992
Shareholders' equity:
Authorized: 90,000,000 shares at March 31, 2025 and December 31, 2024;Issued and outstanding: 24,602,405 and 23,228,941 shares at June 30, 2025and December 31, 2024, respectively - -
Share premium and capital reserve 40,850 39,243
Accumulated deficit (41,369) (36,660)
Total Shareholders' equity (deficit) (519) 2,583
Total liabilities and shareholders' equity (deficit) 1,684 4,575
NeuroSense Therapeutics Ltd.
Condensed Interim Unaudited Statements of Comprehensive Loss
U.S. dollars in thousands except share and per share data
Six monthsendedJune 30,2025 Six monthsendedJune 30,2024
Research and development expenses (2,503) (*) (3,733)
General and administrative expenses (2,189) (*) (2,291)
Operating loss (4,692) (6,024)
Financing expenses, net (17) (237)
Net loss and comprehensive loss (4,709) (6,261)
Basic and diluted net loss per share (0.19) (0.37)
Weighted average number of shares outstanding used incomputing basic and diluted net loss per share 25,402,649 16,773,806
(*) Reclassified
NeuroSense Therapeutics Ltd.
Condensed Interim Unaudited Statements of Changes in Equity
U.S. dollars in thousands (except for share and per share data)
Ordinary shares Sharepremiumandcapitalreserve Accumulateddeficit Totalequity
Number Amount
Balance as of January 1, 2025 23,228,941 $ - $ 39,243 $ (36,660) $ 2,583
Issuance of shares, net 883,952 - 1,288 - 1,288
Exercise of options and vested RSUs 194,000 13 13
Share-based compensation 295,512 306 306
Net loss and comprehensive loss - - - (4,709) (4,709)
Balance as of June 30, 2025 24,602,405 $ - $ 40,850 $ (41,369) $ (519)

Frequently Asked Questions

What is PrimeC developed by NeuroSense?

PrimeC is an investigational combination therapy for ALS, designed to inhibit disease progression.

What were NeuroSense's financial results for H1 2025?

NeuroSense reported a reduced operating loss of $4.69 million compared to $6.02 million in H1 2024.

What is the status of NeuroSense's Phase 3 trial?

NeuroSense is preparing for a pivotal Phase 3 trial for PrimeC, aiming for rapid advancement.

How many participants were in the PARADIGM trial?

The PARADIGM trial included 68 participants living with ALS across Canada, Italy, and Israel.

Last updated: Aug 1, 2025