PolyPid Ltd. announced consolidated unaudited earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported operating loss of $8,797,000 compared to $4,436,000 a year ago. Net loss was $8,687,000 or $0.47 per basic and diluted per ordinary share compared to $5,869,000 or $13.90 per basic and diluted per ordinary share a year ago.