earnings
confidence high
sentiment neutral
materiality 0.75
TScan Q4 net loss $19.6M; all 8 TSC-100/101 patients relapse-free
TScan Therapeutics, Inc.
- Q4 revenue $7.2M (up from $3.1M YoY); full-year revenue $21.0M. R&D expenses $22.4M Q4, $88.2M full year.
- Cash $192M as of Dec 31, 2023; cash runway into 2026.
- Phase 1 heme data: 8/8 treatment-arm patients relapse-free; one high-risk MDS patient reached 1 year post-TSC-101.
- FDA cleared INDs for TSC-201-B0702 (MAGE-C2) and TSC-204-A0101 (MAGE-A1); solid tumor trial enrolling.
- Appointed Jason Amello as CFO, Justin McCue as CTO; promoted several executives.