Adagio Medical Holdings, Inc. (Nasdaq: ADGM) announced its financial results for the fourth quarter and full year ended December 31, 2025, revealing a substantial reduction in net loss compared to the previous year. The company reported a net loss of $3.3 million for Q4 2025, a significant decrease from a net loss of $57.4 million in Q4 2024. For the full year, the net loss was $25.1 million, down from $75.0 million in 2024. This improvement is attributed to a $49.2 million non-cash impairment of goodwill and intangibles recorded in 2024, alongside reduced operational expenses.

The company highlighted several key achievements during the fourth quarter, including the successful completion of 13 cases with the vCLAS™ System under FDA Expanded Access authorization. Additionally, Adagio announced the peer-reviewed publication of results from its U.S. Early Feasibility Study evaluating its ultralow temperature cardiac ablation technology, which demonstrated a favorable safety profile.

Adagio also strengthened its leadership team by appointing Sean Salmon to its Board of Directors and enhancing its executive leadership with the addition of Marie-Claude Jacques and Antwan Gipson in senior roles. The company has been actively engaging with investors and attending industry conferences to bolster its market presence.

Looking ahead, Adagio is focused on advancing its ULTA technology towards commercialization and preparing for the potential approval of its vCLAS™ System for the treatment of ventricular tachycardia. The company has completed enrollment in its pivotal FULCRUM-VT trial, which is expected to support its premarket approval application. With cash and cash equivalents of $17.1 million as of December 31, 2025, Adagio is well-positioned to fund its ongoing development activities and FDA submission efforts.



Press Release distribution
National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.