earnings
confidence high
sentiment neutral
materiality 0.60
Mural Oncology Q1 2024 net loss $30.9M, cash runway into Q4 2025 reaffirmed
Mural Oncology plc
2024-Q1 EPS reported
-$1.84
- Net loss $30.9M improved from $46.5M Q1 2023; R&D spend $26.9M down 33% YoY.
- Cash, equivalents & marketable securities $231.7M as of March 31, 2024.
- Nemvaleukin alfa registrational trials on track; ARTISTRY-7 interim OS data Q1 2025.
- Less-frequent IV dosing trial for cutaneous melanoma enrolling; preliminary data H1 2025.
- IL-18/IL-12 preclinical data presented at AACR; candidate nominations expected by end 2024.