earnings
confidence high
sentiment neutral
materiality 0.55
Monopar Q2 net loss $2.2M ($0.16/shr); camsirubicin at 5th dose level
Monopar Therapeutics
- Net loss of $2.2M ($0.16/shr) vs $2.8M ($0.22/shr) in Q2 2022.
- Cash and short-term investments $10.2M; cash runway through Sep 2024; needs more capital within 12 mos.
- Camsirubicin Phase 1b at 650 mg/m²; two patients showed 18% and 20% tumor reduction; no cardiotoxicity.
- MNPR-101 radiopharma advancing toward first-in-human studies potentially by end of 2023.
- R&D expenses decreased to $1.6M from $2.1M; G&A slightly up to $0.7M.