earnings
confidence high
sentiment positive
materiality 0.75
MiNK Therapeutics Q1 net loss $5.7M; agenT-797 shows durable responses in solid tumors
MiNK Therapeutics, Inc.
2023-Q1 EPS reported
-$0.17
- Net loss $5.7M ($0.17/share) vs $7.8M ($0.23) in Q1 2022; cash $14.9M at March 31, 2023.
- agenT-797 + anti-PD-1 achieved 42% tumor reduction in metastatic gastric cancer lasting >9 months; durable disease stabilization in anti-PD-1 refractory NSCLC.
- Initiating phase 1/2 expansion studies in NSCLC and gastric cancer; majority costs planned for external non-dilutive grant funding.
- Upcoming presentations: FAP-CAR-iNKT at ASGCT May 19; agenT-797 in viral ARDS at ATS May 21.
- Manufacturing capacity 5,000 doses/year, rapidly expanding.