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CALC
NASDAQ Life Sciences

CalciMedica Reports Q2 2026 Results: $18.6M Cash, Runway into 2H 2027; FDA Aligns on Phase 2b AP Trial Design

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Neutral
Importance info
7
Price
$0.66
Mkt Cap
$20.255M
52W Low
$0.461
52W High
$7.2
52W Position info
43% above low
Off High info
91% below high
Rel. Volume info
0.1× avg
Market data snapshot near publication time

CALC sits 43% above its 52-week low of $0.461 on light trading volume (0.1× avg).

Summary

CalciMedica reported Q2 2026 results with $18.6M cash and runway into 2H 2027, FDA alignment on its Phase 2b AP trial design, and mid-2027 catalysts for its pulmonary hypertension programs.


Key Events · Earnings and Guidance · CALC

  • Q2 2026 Financial Results

    Net loss of $7.7M ($0.45/share) on reduced R&D and G&A spending; cash and equivalents of $18.6M as of June 30, 2026, expected to fund operations into the second half of 2027.

  • FDA Alignment on Phase 2b AP Trial

    FDA agreed that the primary endpoint for the Phase 2b acute pancreatitis trial will measure whether Auxora can reduce new-onset severe respiratory failure, with key secondary endpoints including multi-organ failure and time to medical readiness for discharge.

  • Pulmonary Hypertension Catalysts Set for Mid-2027

    Auxora Phase 1b proof-of-concept data in PAH and the CM5480 IND submission are both anticipated in mid-2027, representing the next major clinical milestones.

  • Cash Runway Extension

    The $18.6M cash position, bolstered by the recent private placement, extends the runway into the second half of 2027, covering the anticipated mid-2027 data readouts.


Analysis · CALC · Life Sciences

CalciMedica disclosed Q2 2026 financials with a net loss of $7.7 million and $18.6 million in cash, providing runway into the second half of 2027. The company also announced FDA alignment on the Phase 2b acute pancreatitis trial primary endpoint — new-onset severe respiratory failure — and set mid-2027 timelines for Auxora PAH data and the CM5480 IND submission. These updates come against a backdrop of recent financing and a pending reverse stock split vote, making the clinical and cash runway clarity material for a micro-cap biotech.

At the time of this filing, CALC was trading at $0.66 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $20.3M. The 52-week trading range was $0.46 to $7.20. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.

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CALC - Latest Insights

CALC
Jul 24, 2026, 4:12 PM EDT
Filing Type: S-3
Importance Score:
7
Price at Filing: $0.7599
Real-time Price: $0.660 info
Change: -$0.0999 (-13%) info
Market Cap: $20.255M info
CALC
Jul 13, 2026, 4:58 PM EDT
Filing Type: PRE 14A
Importance Score:
9
Price at Filing: $0.8341
Real-time Price: $0.660 info
Change: -$0.1741 (-21%) info
Market Cap: $20.255M info
CALC
Jul 10, 2026, 5:35 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $0.930
Real-time Price: $0.660 info
Change: -$0.270 (-29%) info
Market Cap: $20.255M info
CALC
Jul 07, 2026, 4:10 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.9559
Real-time Price: $0.660 info
Change: -$0.2959 (-31%) info
Market Cap: $20.255M info
CALC
Jul 02, 2026, 8:31 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $0.939
Real-time Price: $0.660 info
Change: -$0.279 (-30%) info
Market Cap: $20.255M info