RAPHAEL PHARMACEUTICAL INC
0.4000+0.00 (+0%)
Oct 28, 4:00:00 PM EDT · OTC Markets OTCQB · RAPH · USD
Key Stats
Market Cap
7.85MP/E (TTM)
-Basic EPS (TTM)
-0.08Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Raphael Pharmaceutical narrowed its six-month operating loss to $740K from $796K a year ago, thanks to R&D expenses dropping 47% to $213K amid scaled-back work with Rambam, though G&A climbed 35% to $527K on professional services. The Q2 operating loss widened to $315K from $249K, driven by a 588% R&D surge to $141K from chief technology officer costs and research pacts. Net loss edged down 6% to $751K YTD, with EPS steady at $0.04 on 19.4M diluted shares, while Q2 hit $0.02. Cash holds at $20K after $240K from stock and warrant issuances offset $239K operating burn; a $41K related-party loan at 12% matures December 2025. No free cash flow disclosed. On July 28, 2025, Raphael amended its Rambam deal, acknowledging a 1,120,623 NIS debt (about $300K) with 80% royalties until repaid by April 2026 from new investments. Funding remains tight.
8-K
RaphaWell RA supplement launch
Raphael Pharmaceutical completed development of its RaphaWell natural supplement for rheumatoid arthritis support on August 7, 2025, following a compliant proof-of-concept trial showing pain levels dropping from 75% to 50% of participants by week 8 and morning stiffness easing from 75% to 41.67%. The 100% plant-based product, with no side effects reported, targets the U.S. wellness market as a standalone dietary supplement, backed by QR-coded study data for credibility. It promises commercial edge in symptom management. Risks include regulatory hurdles and market shifts.
8-K
Board Shakeup at Raphael
Raphael Pharmaceuticals announced Dr. Igal Louria Hayon's resignation from its board effective August 1, 2025, unrelated to any disagreements, while he continues as Chief Technology Officer under an existing agreement. The board appointed Zvi Laufer Laor, a 73-year-old lawyer with decades in business and commercial law plus Israeli real estate experience, on August 7 to fill the vacancy. Laufer meets independence standards. No related transactions disclosed.
10-Q
Q1 FY2025 results
Raphael Pharmaceutical narrowed its Q1 operating loss to $425K, down 22% y/y from $547K, as R&D expenses plunged 81% to $72K after wrapping a key RA study, though G&A jumped 110% to $353K from stock-based comp to directors. Net loss eased to $429K, with the $4K gap to operating loss tied to minor financial expenses. Cash ticked up to $50K on $240K from share issuances, funding $209K in operating burn, but free cash flow isn't disclosed in the 10-Q. In April 2025, they cut a $120K supplier debt to $40K, possibly via shares. No revenue yet in this clinical-stage play. Regulatory hurdles loom large for cannabinoid therapies.
10-K
FY2024 results
Raphael Pharmaceutical Inc. advanced its cannabinoid-based pipeline in FY2024 ended December 31, 2024, completing a promising proof-of-concept study for its lead RA product candidate in Q4, showing potential benefits for symptom management without generating revenue. Research expenses mounted from ongoing collaborations with Rambam Health Care Campus, including $1.4 million paid under the extended agreement through 2024, while management costs rose with new executive contracts in early 2025 totaling $56,000 monthly. Q4 marked momentum with study completion and plans for IND submission to FDA and MOH, building on pre-clinical asthma work published in October. Liquidity relies on funding needs, with no debt disclosed. No annual guidance provided. Regulatory hurdles for cannabinoid approvals pose risks to quarterly progress.
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