earnings
confidence high
sentiment neutral
materiality 0.60
TuHURA FY2025 cash $3.6M, R&D $20.5M; Phase 3 MCC trial ongoing; Kineta acquired
TuHURA Biosciences, Inc./NV
- Cash $3.6M at Dec 31, 2025; additional $7.5M from 2025 registered direct offering received Q1 2026.
- R&D expenses $20.5M for FY2025 vs $14.7M in FY2024; operating cash outflow $27.7M.
- Phase 3 trial of IFx-2.0 in Merkel cell carcinoma initiated under FDA SPA; enrollment estimated to complete mid-2027.
- Closed $10.5M acquisition of Kineta, gaining VISTA antibody TBS-2025; $21.2M raised in 2025 offerings.
- Upcoming milestones: FDA meeting for TBS-2025 in June 2026; ADC lead selection in 1H 2026.