RGBPOTCPharmaceutical PreparationsUS GAAP · USD

Regen BioPharma Inc

Regen BioPharma Inc is a U.S.-based biopharmaceutical development company organized in Nevada and operating through its wholly owned subsidiary KCL Therapeutics, Inc. The company focuses on regenerative medical applications and early-stage drug candidates, including small molecules aimed at NR2F6 for oncology and autoimmune disease research.

Revenue0.2m USD
+0.0 %y/y
Operating profit (EBIT)-0.3m USD
+18.9 %y/y
EBIT margin-143.1%
+33.3 ppy/y
Net income-1.3m USD
−90.7 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-0.8-0.6-0.4-0.20.00.20.4m USD2020: 0.11 m USD2020: EBIT -0.21 m USD20202021: 0.06 m USD2021: EBIT -0.20 m USD20212022: 0.13 m USD2022: EBIT -0.34 m USD20222023: 0.24 m USD2023: EBIT -0.69 m USD20232024: 0.24 m USD2024: EBIT -0.42 m USD20242025: 0.24 m USD2025: EBIT -0.34 m USD20250.24-0.34
RevenueOperating profit (EBIT)

Business

Share of revenue
Regenerative medical applications40 %

Development-stage therapeutic applications intended for later-stage licensing or advancement.

Oncology programs30 %

Small-molecule and immune-activation candidates aimed at cancer applications.

Autoimmune disease programs20 %

Immune-cell suppression candidates designed for autoimmune indications.

Licensing and asset monetization10 %

Out-licensing or sale of developed applications after early clinical milestones.

Customers

Regen BioPharma does not appear to sell commercial products to a broad end-customer base; instead, its economic counterparties are typically potential licensees, strategic partners, and acquirers of drug candidates. In practice, the company’s “customers” are pharmaceutical or biotechnology organizations that may acquire rights to programs after preclinical or early clinical development. It also relies on capital providers and related-party funding to support development activities.

Pharmaceutical and biotechnology licensees

Buy rights to early-stage therapeutic programs after proof-of-concept or early clinical work.

Strategic acquirers

Acquire developed applications or pipeline assets to add to their own portfolios.

Research collaborators

Support discovery and development work around NR2F6 and related immune pathways.

Financing counterparties

Provide debt or equity funding that enables ongoing development and corporate operations.

Strategy

The company’s strategy is to identify and develop regenerative and immunology-related therapeutic candidates through early clinical milestones, then monetize them through licensing or sale. This model reduces the need to build a full commercial infrastructure, but it depends on successful scientific validation, regulatory progress, and partner interest. The company also seeks external financing to fund development until assets can be advanced or monetized.

Advance NR2F6-focused programsMedium term

Clinical and scientific validation is needed before any licensing or sale value can be realized.

Monetize assets through partneringMedium term

Licensing or sale can convert development work into value without building a commercial sales force.

Maintain access to financingShort term

Development-stage biotech requires ongoing capital before product revenue is available.

Geography

Regen BioPharma is headquartered in the United States and is organized under Nevada law, with office operations referenced in California. Its business is primarily U.S.-based, and the available disclosures do not indicate meaningful international revenue concentration. Geography matters mainly through U.S. regulatory oversight, clinical development requirements, and access to domestic capital markets.

Risks

Regen BioPharma faces the typical risks of an early-stage biotech company: clinical failure, regulatory delay, and uncertainty that any candidate will reach commercialization or attract a partner. The company also has going-concern and financing risk because it depends on external capital and related-party support to continue operations. As a development-stage issuer, its reported results can be highly sensitive to small changes in financing, legal structure, and accounting estimates.

Sorted by severity
Going-concern and liquidity riskCritical

The company states it may need additional equity or debt financing to support working capital and operations.

Exposure: Corporate operations

Clinical and regulatory failureHigh

Therapeutic candidates are early-stage and must clear preclinical and FDA hurdles before value can be realized.

Exposure: Pipeline programs

Partnering and monetization riskHigh

The business model depends on finding buyers or licensees for early-stage assets after development milestones.

Exposure: Licensing strategy

Related-party concentrationMedium

Funding and facilities are tied to the CEO and related entities, increasing dependence on a small group of counterparties.

Exposure: Financing and operations

Accounting

Judgemental items
Going concern

Management discloses substantial doubt about the company’s ability to continue without additional funding.

Impact: Affects asset/liability classification and investor assessment of solvency

Convertible notes and debt conversions

The company has issued and converted notes, which can change leverage and equity balances.

Impact: Can create noncash financing items and dilution

Related-party transactions

Notes payable and office arrangements involve the CEO and related entities.

Impact: Important for transparency, valuation, and governance analysis

Research and development expense recognition

Development costs are expensed as incurred in early-stage biotech models.

Impact: Drives reported losses before any product revenue exists

Publicly listed companies with a comparable business focus.

Last updated: 29/04/2026