earnings
confidence high
sentiment neutral
materiality 0.70
INmune Bio FY2022 net loss $27.3M; XPro AD trial under FDA clinical hold
Inmune Bio, Inc.
- Net loss $27.3M vs $30.3M in 2021; R&D expense $17.1M; cash $52.2M at Dec 31, 2022.
- FDA clinical hold on XPro AD trial in US continues; enrollment ongoing in Australia and Canada.
- Phase 2 AD trial topline readout expected 2H 2024; trial consolidated to include MCI patients.
- IND for INKmune in mCRPC to be filed March 2023; Phase I/II trial planned.
- Received ~$6.4M in R&D rebates from Australia and UK; will reinvest in recruitment.