earnings
confidence high
sentiment neutral
materiality 0.55
Contineum reports Q3 2024 cash $213.9M, VISTA trial enrollment on track
Contineum Therapeutics, Inc.
2024-Q3 EPS reported
-$1.61
- Cash, equivalents and marketable securities $213.9M as of Sept 30, 2024 (vs $125.2M at end of 2023).
- R&D expense $9.7M (+$3.2M YoY) driven by VISTA Phase 2 trial and PIPE-791 toxicology studies.
- VISTA trial for PIPE-307 in RRMS two-thirds enrolled; full enrollment expected first half 2025.
- Pending MHRA authorization, Phase 1b PET trial for PIPE-791 to start Dec 2024 with data in H1 2025.
- Janssen confirms on track to initiate Phase 2 trial of PIPE-307 in depression.