earnings
confidence high
sentiment neutral
materiality 0.65
Immunic Q3 net loss $24.4M; positive ENSURE futility analysis; cash runway into Q3 2025
IMMUNIC, INC.
2024-Q3 EPS reported
-$0.75
- Net loss Q3 2024: $24.4M ($0.24/share) vs $22.8M ($0.51/share) in Q3 2023.
- Cash $59.1M as of Sep 30, 2024; expected to fund operations into Q3 2025.
- Phase 3 ENSURE futility analysis positive: IDMC recommends continuation without sample size increase.
- Top-line data from Phase 2 CALLIPER (PMS) expected April 2025; ENSURE-1 completion Q2 2026.
- New leadership: Jason Tardio appointed COO/President; Werner Gladdines promoted to CDO.