earnings
confidence high
sentiment positive
materiality 0.70
IN8bio Q1 net loss $7.5M, cash $10.9M; INB-100 achieves 100% CR in leukemia trial
IN8BIO, INC.
2023-Q1 EPS reported
-$0.30
- Q1 net loss $7.5M ($0.30/sh); cash $10.9M at Mar 31; raised $9.9M via ATM after quarter end.
- INB-100 Phase 1: 100% complete remissions in 7 evaluable leukemia patients; all alive; selected RP2D.
- FDA orphan drug designation for INB-400 and INB-410 for malignant gliomas, including GBM.
- INB-200 Phase 1 data selected for oral abstract at ASCO 2023; new preclinical data in ovarian cancer.