earnings
confidence high
sentiment neutral
materiality 0.65
Cullinan Therapeutics Q2 2026 net loss $53.7M; cash $356M; pipeline on track
Cullinan Therapeutics, Inc.
- Net loss $53.7M vs $70.1M YoY; R&D expenses $44.4M vs $61.0M; G&A $12.8M vs $14.8M.
- Cash and investments $356M as of June 30, 2026; runway into 2029.
- CLN-049 Phase 2 in R/R AML to start Q3 2026 after positive FDA End-of-Phase 1 meeting.
- CLN-978 multi-dose data in RA Q3 2026, SLE Q4 2026; Phase 2 expansion early 2027.
- Zipalertinib NDA accepted; PDUFA Feb 27, 2027; Cullinan eligible for $30M on 2L approval.