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Israel
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001-38556
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Not Applicable
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(State or other jurisdiction
of incorporation) |
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(Commission File Number)
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(I.R.S. Employer
Identification) |
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Ordinary Shares, par value of NIS 0.0000769
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ENTX
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Nasdaq Capital Market
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Exhibit
Number
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Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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ENTERA BIO LTD.
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Date: August 8, 2025
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By:
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/s/ Miranda Toledano
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Name: Miranda Toledano
Title: Chief Executive Officer
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| • |
FDA provides pivotal agreement on EB613 Phase 3 design, confirming Bone Mineral Density (BMD) as primary endpoint and clearing streamlined pathway
for first oral anabolic osteoporosis treatment
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| • |
Significant regulatory and pipeline advancements achieved including FDA waiver of additional safety studies and next-gen EB613 expected to enter
Phase 1 in November 2025
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| • |
Strong momentum across OPKO collaboration with obesity program showing promising preclinical data; and EB612 oral PTH directed hypoparathyroidism
program candidate validation
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| • |
Strong balance sheet provides runway through mid-Q3 2026, including dedicated OPKO collaboration funding
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• |
FDA Agreement that BMD Primary Endpoint Would Support NDA: In a
July Type A meeting, FDA provided written concurrence on our Phase 3 study design - a single multinational, randomized, double-blind, placebo-controlled, 24-month study in women with postmenopausal osteoporosis, where change in total hip BMD
is evaluated as the primary endpoint, and incidence of new or worsening vertebral fractures is evaluated as the key secondary endpoint. As a 505(b)(2) application, the submission will rely on FDA's previous findings of effectiveness and
safety for the Reference Listed Drug Forteo®, where the correlation between BMD and fracture has been well-established. The study is designed and powered to demonstrate a statistically significant increase in total hip BMD, coupled with a
positive trend on vertebral fracture reduction as key secondary endpoint to provide substantial evidence of effectiveness. This FDA decision is independent of the Agency's qualification of the SABRE BMD Initiative which is still expected
within 2025.
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|
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• |
Regulatory Burden Significantly Reduced: In May and June, Entera
received written agreements from FDA that dedicated oral carcinogenicity studies and comprehensive nonclinical developmental and reproductive toxicity (DART) studies are not warranted given the totality of evidence generated from Forteo®
literature and nonclinical studies conducted with EB613.
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• |
Strong Clinical Data Gains Scientific Recognition: In April,
Dr. Rachel B Wagman presented early effects of EB613 on trabecular and cortical bone using 3D-DXA at the 2025 WCO-IOF-ESCEO Congress. Additionally, 3D Shaper Phase 2 data was selected for oral presentation at ASBMR 2025 in September.
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• |
Next-Generation EB613 Advancing: "Advancing Oral Anabolic
Treatments for Osteoporosis: Pre-Clinical Data for Next Gen EB613 Tablet Utilizing N-Tab™ Proprietary Technology" was selected for poster presentation at ASBMR 2025. Next Gen EB613 is being developed with a new generation of Entera's N-TAB™
platform and is expected to enter the clinic in a Phase 1 Safety and PK Study in November 2025.
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• |
Strategic Regulatory Engagement: In June, CEO Miranda Toledano
participated in the Boston "CEO Forums: An FDA Listening Tour to Engage Pharma and Bio CEOs" and presented a one-minute brief on osteoporosis and potential regulatory reform to spur innovation.
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• |
First pre-clinical PK/PD data from undisclosed collaborative research with long-acting PTH agonist as a once-daily tablet format is expected by end of year.
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• |
First GLP-1/Glucagon Agonist (Oxyntomodulin) Peptide Tablet Candidate
for Obesity: In June, a poster at ENDO2025 reported PK data from a mini-pig study of oral OPK-88006 (dual GLP-1/glucagon receptor agonist in partnership with OPKO Health, Nasdaq: "OPK") which showed plasma levels consistent with
those reported in humans for the highest subcutaneous dose of Wegovy™ (semaglutide) weekly injection, a standard of care for the treatment of obesity. The reported pharmacological data supports a once-daily tablet regimen of this
first-in-class oral dual agonist. A Phase 1 study is being planned and IND filing is expected in H1 2026.
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• |
First GLP-2 Peptide Tablets for Short Bowel Syndrome: In June,
Entera in partnership with OPKO's "First-in-Class Oral GLP-2 Analog for Treatment of Short Bowel Syndrome" abstract was selected for poster presentation at the 47th European Society for Clinical Nutrition & Metabolism ("ESPEN") Congress.
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ENTERA BIO LTD.
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||||||||
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CONSOLIDATED BALANCE SHEETS
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||||||||
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(U.S. dollars in thousands)
|
||||||||
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June 30,
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December 31,
|
|||||||
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2025
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2024
|
|||||||
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(Unaudited)
|
(Audited)
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|||||||
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Cash and cash equivalents
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10,858
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8,660
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||||||
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Accounts receivable and other current assets
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438
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312
|
||||||
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Restricted cash
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8,015
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-
|
||||||
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Property and equipment, net
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79
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57
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||||||
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Other assets
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277
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361
|
||||||
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Total assets
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19,667
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9,390
|
||||||
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Accounts payable and other current liabilities
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1,844
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1,176
|
||||||
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Total non-current liabilities
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567
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134
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||||||
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Total liabilities
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2,411
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1,310
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||||||
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Total shareholders' equity
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17,256
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8,080
|
||||||
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Total liabilities and shareholders' equity
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19,667
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9,390
|
||||||
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Three Months Ended
June 30,
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||||||||
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2025
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2024
|
|||||||
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REVENUES
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-
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57
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||||||
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COST OF REVENUES
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-
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49
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||||||
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GROSS PROFIT
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-
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9
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||||||
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OPERATING EXPENSES:
|
||||||||
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Research and
development
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1,520
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1,086
|
||||||
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General and administrative
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1,148
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1,088
|
||||||
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TOTAL OPERATING EXPENSES
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2,668
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2,174
|
||||||
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OPERATING LOSS
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2,668
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2,165
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||||||
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FINANCIAL INCOME, NET
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(12
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)
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(20
|
)
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||||
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NET LOSS
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2,656
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2,145
|
||||||
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LOSS PER SHARE BASIC AND DILUTED
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0.06
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0.06
|
||||||
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WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE
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46,836,700
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37,090,160
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