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PCSA · NASDAQ · Biotechnology

Processa Pharmaceuticals (PCSA)

Develops altered-metabolism cancer therapies from in-licensed cytotoxic drugs.

$2.09
At close+0.04 (+1.95%)
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Processa Pharmaceuticals, Inc.PCSAHealth Care

Develops in-licensed cancer-drug candidates that aim to improve the efficacy-safety profile of established cytotoxic therapies, then seeks to license programs to partners near pivotal studies. The portfolio centers on the clinical NGC-Cap program and preclinical NGC-Iri.

Develops next-generation cancer therapies that alter the metabolism or tissue distribution of established cytotoxic drugs. The lead program, NGC-Cap, pairs PCS6422 with capecitabine to modify drug metabolism and exposure in advanced or metastatic breast cancer. NGC-Iri is a preclinical analog of irinotecan's active metabolite designed to shift drug distribution toward cancer cells and away from normal tissue.

Operates through an in-license-develop-partner model, using a Regulatory Science Approach that incorporates dose-response principles associated with FDA Project Optimus. The intent is to advance assets toward pivotal-study milestones, then license them to partners; there are no approved products or product revenue. All current assets are in-licensed, and the lead program's Elion license remains under active litigation.

Company facts

CEOGeorge Ng
ListedOct 2, 2020
ExchangeNASDAQ
HeadquartersVero Beach, FL
CountryUnited States
Employees12
CIK0001533743
ISINUS74275C4033

Market cap$5.8M
EPS (ttm)−$5.60
P/E (ttm)−0.3750
ROE-394.2%
P/B−18.20
P/S0.00
Dividend yieldDiv yield
Beta1.32vs XLV −0.71

Price target$225.00+10,614.3%Avg of 5 analysts
ConsensusBuy4 of 5 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Oct 29, 2026
in 56 days
EPS estimate
−$1.00
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Oct '26
Reported−$18.50−$7.50−$6.25−$1.75−$18.50−$1.29−$1.19Pending
Estimate−$0.76−$19.25−$5.75−$2.00−$1.50−$1.00−$1.00−$1.00
Surprise−2,334.2%+61.0%−8.7%+12.5%−1,133.3%−29.0%−19.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Oct '26
ReportedPending
Estimate
Surprise
Estimate−$1.00
ReportedDue Oct 29, 2026
Estimate
ReportedDue Oct 29, 2026
View details

Current ratio86.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$3.4M−$2.7M−$2.8M−$3.9M−$3.4M−$3.4M−$3.4M−$3.3M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$3.4M−$2.7M−$2.8M−$4.0M−$3.5M−$3.7M−$3.3M−$2.3M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $196.3K · Total debt $0 · Total assets $2.1M · Shareholders' equity −$317.3K

Revenue
$0
Operating income
−$2.3M
Net income
−$3.3M
View details

No dividends on record.

Insiders10 holders · as of Aug 11, 20263.76%105.0K shares
Strategic holders1 holder · as of Feb 23, 202610.94%305.6K shares
Otherremainder85.30%2.38M shares

2.79M company shares as of Sep 3, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
HX Entertainment LtdStrategic
10.94%305,64413Dfiled Feb 23, 2026
Soleus Capital Master Fund, L.P.Institution
5.76%160,94313Gfiled Aug 18, 2026
George K. NgInsiderdirector, officer: Chief Executive Officer
0.83%23,112Form 4filed Aug 11, 2026
David YoungInsiderdirector, officer: Pres. Research & Development
0.78%21,729Form 4filed Jul 1, 2026
Russell SkibstedInsiderofficer: Chief Financial Officer
0.60%16,689Form 4filed Jul 1, 2026
See all 23

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

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 30, 2026David Youngdirector, officer: Pres. Research & Development+2,531$1.93
Jun 30, 2026Russell Skibstedofficer: Chief Financial Officer+3,277$1.93
Jul 1, 2026George K. Ngdirector, officer: Chief Executive Officer+3,057$1.93
Jun 30, 2026Patrick Linofficer: Chief Business - Strategy Off+2,106$1.93
Jun 30, 2026Wendy Guyofficer: Chief Administrative Officer+2,436$1.93
View details

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