earnings
confidence high
sentiment neutral
materiality 0.55
TScan Q3 net loss $35.7M; pauses solid tumor enrollment, advances heme pivotal trial
TScan Therapeutics, Inc.
2025-Q3 EPS reported
-$0.82
revenue$7,758,000
- Revenue $2.5M (up from $1.0M YoY); net loss $35.7M vs $29.9M; cash $184.5M funds into H2 2027.
- FDA agreed on pivotal trial design for TSC-101 in AML/MDS; pivotal launch expected Q2 2026.
- Strategic decision: prioritize heme program, pause PLEXI-T solid tumor enrollment; shift to in vivo engineering.
- Plans to present updated ALLOHA heme data at ASH Dec 2025; two IND submissions for heme candidates in Q4 2025.