earnings
confidence high
sentiment neutral
materiality 0.65
Janux reports FY2021 net loss $32.7M; cash $375M; IND filings for two TRACTr programs on track for 2022
Janux Therapeutics, Inc.
- Cash, cash equivalents and short-term investments $375.0M at Dec 31, 2021, vs $7.8M a year ago.
- Net loss $13.4M for Q4 2021 and $32.7M for FY2021; R&D expense $26.2M (FY2021).
- PSMA-TRACTr IND submission expected H1 2022; EGFR-TRACTr IND expected H2 2022.
- Nominated first TRACIr candidate, a PD-L1xCD28 costimulatory bispecific; IND planned for 2023.
- Appointed Byron Robinson, Ph.D., J.D., as Chief Strategy Officer.