Rafael Holdings Reports Second Quarter Fiscal 2025 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2025
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Source: Newsfilter
Merger Announcement: Rafael Holdings, Inc. is set to finalize its merger with Cyclo Therapeutics in Q3 2025, focusing on the clinical program Trappsol® Cyclo™ for treating Niemann-Pick Disease Type C1 after shareholder approval.
Financial Results: For the second quarter of fiscal year 2025, Rafael reported a net loss of $4.6 million, attributed to unrealized losses on investments in Cyclo, while research and development expenses increased due to consolidated activities from Cornerstone and Day Three.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





