earnings
confidence high
sentiment positive
materiality 0.65
Sensei Biotherapeutics reports Q1 2023 net loss of $10.2M; IND cleared for SNS-101 Phase 1/2 trial
Sensei Biotherapeutics, Inc.
2023-Q1 EPS reported
-$0.33
- Cash, cash equivalents and marketable securities were $95.5M as of March 31, 2023; cash runway into H2 2025.
- Net loss was $10.2M for Q1 2023, compared to $12.4M for Q1 2022; R&D expenses decreased to $5.2M.
- FDA cleared IND for SNS-101 (conditionally active anti-VISTA antibody); Phase 1/2 trial enrollment and dosing expected mid-2023.
- CRADA signed with NCI for VISTA research; SNS-102 and SNS-103 candidate selection on track for 2023.