Island Pharmaceuticals Limited
ILA.ASXHealth Care
Island is a drug development and repurposing company, focused on repurposing and clinical development solutions for viral diseases with no existing therapies.
Market Data
$0.380
-0.0%$115.4M
-100000.0x
$-0.031
0.00%
0.0%
Latest Earnings
Appendix 4D & Half-Year Financial Statements
25 February 2026
Island Pharmaceuticals reported a significant net loss of $4.8M for H1 FY26, up 213.8% from $1.5M in the prior period, primarily due to increased share-based payments ($2.4M vs $57k) related to the transformational acquisition of the Galidesivir antiviral program from BioCryst Pharmaceuticals. The company strengthened its cash position to $6.9M through option exercises and raised an additional $9.0M in February 2026, positioning it to advance both Galidesivir and ISLA-101 programs. Key points: Completed strategic acquisition of Galidesivir antiviral program for US$550k, expanding clinical pipeline with broad-spectrum antiviral active against 20+ RNA viruses including Ebola and Marburg; FDA confirmed Animal Rule pathway for Galidesivir development and eligibility for Priority Review Voucher (historical PRV sales valued up to US$200M); Strengthened balance sheet with $2.1M from option exercises during period and additional $9.0M capital raise in February 2026
Recent Announcements
Appendix 4D & Half-Year Financial Statements
Island Pharmaceuticals reported a significant net loss of $4.8M for H1 FY26, up 213.8% from $1.5M in the prior period, primarily due to increased share-based payments ($2.4M vs $57k) related to the transformational acquisition of the Galidesivir antiviral program from BioCryst Pharmaceuticals. The company strengthened its cash position to $6.9M through option exercises and raised an additional $9.0M in February 2026, positioning it to advance both Galidesivir and ISLA-101 programs. Key points: Completed strategic acquisition of Galidesivir antiviral program for US$550k, expanding clinical pipeline with broad-spectrum antiviral active against 20+ RNA viruses including Ebola and Marburg; FDA confirmed Animal Rule pathway for Galidesivir development and eligibility for Priority Review Voucher (historical PRV sales valued up to US$200M); Strengthened balance sheet with $2.1M from option exercises during period and additional $9.0M capital raise in February 2026
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