v3.25.4
Trade and other payables and accrued expenses
12 Months Ended
Dec. 31, 2025
Trade and other payables and accrued expenses  
Trade and other payables and accrued expenses

12.Trade and other payables and accrued expenses

As of

December 31, 

In CHF thousands

2025

2024

Trade and other payables

  ​ ​ ​

2,068

  ​ ​ ​

2,658

Total trade and other payables

 

2,068

 

2,658

Accrued research and development costs

 

2,410

 

6,505

Accrued payroll expenses

 

4,238

 

4,176

Restructuring provision

290

Other accrued expenses

 

1,128

 

1,417

Total accrued expenses

 

8,067

 

12,098

The decrease in trade payables and accrued research and development costs is primarily due a decrease in research and development expenses in 2025 leading up to and at year end including reduced activities in early-stage programs and reduction in manufacturing activities on clinical stage programs which did not recur in the current year.