earnings
confidence high
sentiment neutral
materiality 0.70
Quince completes Phase 3 NEAT enrollment; Q2 net loss $16.1M
Quince Therapeutics, Inc.
2025-Q2 EPS reported
-$0.69
- Pivotal Phase 3 NEAT trial enrollment completed with 105 participants; topline results expected Q1 2026.
- Cash $34.7M; private placement raised ~$11.5M upfront at >10% premium, potential $10.4M from warrants.
- Q2 net loss $16.1M ($0.34/shr); R&D $6.6M, G&A $3.3M; cash runway into Q2 2026.
- Strategic relationship with Option Care Health (OPCH) to support U.S. commercial launch of eDSP.
- New SAB member Dr. Hassan Abolhassani appointed; Phase 2 DMD study design finalized.
item 2.02item 9.01