RenovoRx quadruples quarterly sales to $1.07m as pancreatic cancer trial finishes enrolling
The US company's RenovoCath device is gaining commercial traction at cancer centres while its pivotal pancreatic cancer study moves to the data-readout stage, with results expected in the second half of 2027.
RenovoRx booked $1.07m in revenue for the third quarter of 2026, roughly four times the $266,000 it recorded a year earlier. The company, which reported on 5 November, credited the rise to commercial uptake of RenovoCath, its FDA-cleared device for delivering drugs directly to a tumour site.
The customer base behind that growth now stands at 26 active cancer centres. RenovoRx left its full-year 2026 revenue guidance unchanged at $3.75m to $4.25m. The third-quarter figure alone is a little over a quarter of the guidance midpoint of $4.0m, though the material available does not break down the earlier quarters.
On the development side, the company said enrolment is complete in TIGeR-PaC, its Phase III trial in locally advanced pancreatic cancer. Top-line results are expected in the second half of 2027, so the study now moves from recruitment into follow-up and analysis.
RenovoRx also reported that the first patient has been treated in an investigator-initiated neoadjuvant study at the University of Vermont. The material available gives no further detail on the design, size or timelines of that study.
Why it matters
- A device-led oncology delivery product is showing early commercial traction in US cancer centres, with 26 active customers reported.
- Unchanged full-year guidance of $3.75m to $4.25m gives a benchmark against which the remaining 2026 quarters can be judged.
- With enrolment complete, TIGeR-PaC top-line data in the second half of 2027 become the main clinical catalyst for regulatory and clinical teams to track.
- The University of Vermont neoadjuvant study points to investigator-led exploration of RenovoCath outside the company's own pivotal programme.
Company's press release (SEC filing): RenovoRx, Inc. ↗
Written by CompePharma's editorial system from the company's filing; claims are the company's. AI-assisted; check the source before acting. Not investment advice.