earnings
confidence high
sentiment neutral
materiality 0.65
Janux Therapeutics Q1 2024: Cash $651.8M; net loss $14.8M; trials ongoing
Janux Therapeutics, Inc.
2024-Q1 EPS reported
-$0.30
revenue$1,252,000
- Cash and short-term investments $651.8M as of March 31, 2024, up from $344.0M at Dec 31, 2023.
- Net loss $14.8M for Q1 2024, improved from $17.5M in Q1 2023; R&D expenses $14.1M vs $15.9M.
- Enrollment ongoing in Phase 1 trials for JANX007 (PSMA-TRACTr in mCRPC) and JANX008 (EGFR-TRACTr in solid tumors).
- JANX007 data update and expansion cohort doses anticipated in 2H 2024; JANX008 data expected in 2025.