other material
confidence high
sentiment neutral
materiality 0.60
IO Biotech Q2 net loss $20.7M; cash runway into Q4 2025; Phase 3 interim analysis expected Q3 2024
IO Biotech, Inc.
- Net loss of $20.7M for Q2 2024 vs $21.2M in Q2 2023; R&D expenses $15.8M.
- Cash and equivalents $100.7M at June 30, 2024, down from $143.2M at year-end 2023.
- Phase 3 trial (IOB-013) interim analysis for ORR expected Q3 2024; primary PFS endpoint in H1 2025.
- Potential BLA submission in Q4 2024 if interim analysis supports accelerated approval.
- Completed enrollment in Phase 2 basket trial (IOB-022) for NSCLC and SCCHN; data to be presented at ESMO.