M&A
confidence high
sentiment neutral
materiality 0.75
Quince Therapeutics files Orphai acquisition financials; pipeline details disclosed
Quince Therapeutics, Inc.
- Audited Orphai financials for FY2024-2025 and unaudited Q1 2026 now filed; pro forma combined financials included.
- Lead asset LAM-001 (inhaled rapamycin) targets PH-ILD, BOS, and SAPH; Phase 2b PH-ILD data expected Q1 2028.
- Phase 2 BOS trial fully enrolled, preliminary data expected Q1 2027; SAPH Phase 2 to start late 2026.
- Acquisition funded by $115M upfront private placement; potential additional $83M from warrant exercises.
- Orphai's former COO Keith Fandrick joins as Head of Technical Operations; Brigette Roberts remains Chief Corporate Affairs Officer.