earnings
confidence high
sentiment neutral
materiality 0.55
Enliven Therapeutics Q3 net loss $20.8M; cash $263.5M; ELVN-001/002 data on track for 2024
Enliven Therapeutics, Inc.
2023-Q3 EPS reported
-$1.55
- Cash, cash equivalents and marketable securities of $263.5M as of Sept 30, 2023; expected runway into early 2026.
- Net loss $20.8M vs $10.6M in Q3 2022; R&D expense $19.6M (up from $7.8M); G&A $4.6M (up from $3.1M).
- ELVN-001 (CML) and ELVN-002 (HER2-altered solid tumors) Phase 1 trials enrolling; initial proof-of-concept data expected in 2024.
- Third IND-enabling study completed; additional pipeline details and guidance planned for H1 2024.