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BDRX · NASDAQ · Biotechnology

Biodexa Pharmaceuticals (ADR) (BDRX)

Advancing licensed therapies for familial adenomatous polyposis, treatment-resistant GIST, and type 1 diabetes.

$0.7710
Pre-market−0.01 (−1.77%)
At close$0.7849(+0.53%)
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Biodexa Pharmaceuticals PlcBDRXHealth Care

Develops licensed candidates for familial adenomatous polyposis, treatment-resistant GIST, and type 1 diabetes, with no approved products or product sales. Its capital-light model outsources manufacturing and much clinical work while seeking partners after proof of concept.

Advances three active, licensed drug programs: eRapa, an oral rapamycin formulation in a registrational study for familial adenomatous polyposis; MTX240, a molecular glue planned for treatment-resistant GIST; and tolimidone, a Lyn-kinase activator in an investigator-initiated type 1 diabetes study. Reports no approved products or conventional product sales.

Uses a capital-light operating model: licensing clinical assets, outsourcing manufacturing and much clinical execution, generating proof-of-concept data, and pursuing development or commercialization partners. Work spans North America and Europe while headquarters remain in Wales. eRapa is the only company-sponsored registrational program and depends on grant support, while the portfolio also relies on licensors, contract manufacturers, universities, investigators, financing, and regulatory approvals.

Company facts

CEOStephen Stamp
ListedDec 4, 2015
ExchangeNASDAQ
HeadquartersCardiff, United Kingdom
CountryUnited Kingdom
Employees11
CIK0001643918
ISINUS59564R8723

Market cap$585.6K
EPS (ttm)−$95.20
P/E (ttm)−0.0082
ROE-55.8%
P/B0.0046
P/S0.00
Dividend yieldDiv yield
Beta1.29vs XLV −0.29

No analyst consensus on record.

Next report
Sep 11, 2026
in 8 days
EPS estimate
Revenue estimate
Fiscal quarter
Q1 FY26

EPSReportedEstimate

Apr '23Sep '23Apr '24Sep '24Apr '25Sep '25Mar '26Sep '26
Reported−$36,466.51−$2,773.25−$3.54−$0.33−$0.01$0.00$0.00Pending
Estimate−$3.54−$0.22−$0.01$0.00−$0.01
Surprise−0.1%−49.8%−5.2%+91.4%

RevenueReportedEstimate

Apr '23Sep '23Apr '24Sep '24Apr '25Sep '25Mar '26Sep '26
Reported$283.9K$377.4K$106.0KPending
Estimate$105.8K$16.6K$16.6K
Surprise+0.2%
Estimate
ReportedDue Sep 11, 2026
Estimate
ReportedDue Sep 11, 2026
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Debt to equity0.50%
Current ratio203.00%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$631.5K$311.7K$402.1K$112.0K$0$0$0$0
Net income−$4.1M−$6.2M−$4.8M−$4.7M−$4.5M−$3.3M−$5.1M−$3.5M
Net margin0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$5.1M−$5.1M−$5.7M−$5.1M−$5.7M−$6.7M−$5.4M−$6.4M
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $11.5M · Total debt $82.2K · Total assets $24.5M · Shareholders' equity $15.4M

Revenue
$0
Operating income
−$6.4M
Net income
−$3.5M

Reported in GBP, converted at the latest exchange rate

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No dividends on record.

Insiders1 holder · as of Mar 18, 20260.00%0 ADS
Otherremainder100.00%1.13M ADS

1.13M ADS (1 ADS = 4 ordinary shares) as of Sep 3, 2026 · holders as of their latest filing

Two share counts disagree (1.13M in the company's Sep 3, 2026 report, 746.1K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Simon TurtonInsiderdirector
0.00%0Form 4filed Mar 18, 2026
Armistice Capital, LLCStrategic
9.99% of class, as filed13Gfiled May 15, 2026
Capital Master Fund Ltd.Strategic
9.83% of class, as filed13Gfiled Jul 23, 2024
Sabby Management, LLCStrategic
9.90% of class, as filed13Gfiled Jan 20, 2026

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

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