earnings
confidence high
sentiment positive
materiality 0.75
Century Therapeutics Q3 net loss $31.2M; cash $244.7M, expands CNTY-101 autoimmune trial, 83% ORR in lymphoma
Century Therapeutics, Inc.
2024-Q3 EPS reported
-$1.18
revenue$2,416,000
- Net loss $31.2M in Q3 2024; cash $244.7M; expects cash to support operations into H2 2026.
- Expanded CNTY-101 autoimmune trial to include diffuse cutaneous systemic sclerosis and idiopathic inflammatory myopathy; basket protocol.
- ELiPSE-1 interim: 83% ORR, 33% CRR at DL3B; no DLTs or high-grade CRS/ICANS; DL4B dosing initiated.
- Strategic pipeline review to conclude Q1 2025; organizational restructuring extended cash runway.
- Appointed Morgan Conn CFO and Chad Cowan CSO; Hy Levitsky transitioned to advisor.