earnings
confidence high
sentiment positive
materiality 0.75
Janux Q1 net loss $23.5M; initiates JANX007 Phase 1b expansion in mCRPC
Janux Therapeutics, Inc.
2025-Q1 EPS reported
-$0.38
- Initiated Phase 1b expansion with JANX007 in taxane-naïve mCRPC; updated median rPFS 7.5 months (n=16).
- Cash and equivalents $1.01B at March 31, 2025, down from $1.03B at Dec 31, 2024.
- R&D expenses $25.1M (Q1 2025) vs $14.1M (Q1 2024); net loss $23.5M vs $14.8M.
- Additional JANX007 and JANX008 data expected in H2 2025; R&D Day planned mid-2025.
- Selected two dose regimens (0.3/2/6mg and 0.3/2/9mg) for Phase 1b expansion.