earnings
confidence high
sentiment neutral
materiality 0.65
Monopar Q3 net loss improves to $2.0M; MNPR-101 radiopharma on track for first-in-human Dec 2023
Monopar Therapeutics
- Net loss $2.0M ($0.14/share) vs $2.4M ($0.19) YoY; cash and equivalents $8.5M.
- MNPR-101 radiopharma program to enter first-in-human study possibly as early as December 2023.
- Camsirubicin Phase 1b at fifth dose cohort (650 mg/m^2); two patients showed tumor reductions of ~18% and 20%.
- CTOS data: 9 of 14 stable disease, no DLT; one patient with LVEF decrease being assessed for cardiotoxicity.
- Cash runway through November 2024; company expects to seek additional capital within 12 months.