earnings
confidence high
sentiment neutral
materiality 0.70
Monopar Therapeutics reports Q4 2024 net loss $10.9M; cash $60.2M; ALXN1840 NDA planned early 2026
Monopar Therapeutics
- Q4 2024 net loss $10.9M ($2.23/share) vs $1.8M ($0.60/share) in Q4 2023.
- FY2024 net loss $15.6M ($4.11/share) vs $8.4M ($3.04/share) in FY2023; R&D expenses rose to $13.0M from $5.6M.
- Cash and short-term investments $60.2M at Dec 31, 2024; expects runway through Dec 31, 2026.
- Plan to submit NDA for ALXN1840 (Wilson disease) to FDA in early 2026.
- Raised net proceeds ~$55M from Q4 2024 financings; MNPR-101-Lu Phase 1a dosed first patient in December 2024.