earnings
confidence high
sentiment neutral
materiality 0.60
MiNK reports Q2 2023 net loss $6.2M; cash low at $10.6M; Phase 2 gastric trial planned
MiNK Therapeutics, Inc.
2023-Q2 EPS reported
-$0.35
- Six-month 2023 net loss $11.9M ($0.35/share) vs $13.9M ($0.41) in prior year period.
- Cash $10.6M at June 30, 2023, down from $14.9M at March 31, 2023; Q2 cash used $4.1M.
- Externally funded randomized Phase 2 trial in 2L gastric cancer planned at MSKCC; IND for MiNK-215 on track for 2024.
- AgenT-797 showed 75% survival in COVID-19 ARDS patients vs 30% in-hospital controls; dosed up to 1B cells.