earnings
confidence high
sentiment neutral
materiality 0.50
Janux Therapeutics Q3 net loss narrows to $11.6M; cash $349.7M supports operations through 2027
Janux Therapeutics, Inc.
2023-Q3 EPS reported
-$1.08
revenue$5,622,000
- Net loss $11.6M vs $16.7M YoY; R&D expenses $11.9M, G&A $6.4M.
- Cash and short-term investments $349.7M, up from $327.0M at year-end 2022, expected to fund operations through 2027.
- Enrollment ongoing for JANX007 (PSMA-TRACTr) in prostate cancer and JANX008 (EGFR-TRACTr) in solid tumors; update expected in 2024.
- IND-enabling studies completed for JANX009 (PD-L1xCD28 TRACIr); TROP2-TRACTr candidate identified.