earnings
confidence high
sentiment neutral
materiality 0.60
Janux Q1 net loss $13.4M; cash $361.2M; IND filed for JANX007
Janux Therapeutics, Inc.
2023-Q1 EPS reported
-$0.32
revenue$1,589,000
- Net loss of $13.4M for Q1 2022 vs. $2.3M in Q1 2021; R&D spend $10.2M, G&A $4.9M.
- Cash & investments $361.2M at March 31, 2022, down from $375.0M at Dec 31, 2021.
- IND submitted for PSMA-TRACTr (JANX007); IND for EGFR-TRACTr (JANX008) expected 2H 2022.
- Merck nominated a second target under the 2020 collaboration agreement in May 2022.