earnings
confidence high
sentiment neutral
materiality 0.60
Indaptus Therapeutics reports Q1 2024 results; R&D expense down 15% YoY
Indaptus Therapeutics, Inc.
2024-Q1 EPS reported
-$0.45
- R&D expenses $1.6M, down $0.3M or 15% vs Q1 2023; G&A expenses $2.4M, down 9%.
- Initiated multi-dose cohort in Phase 1 trial of Decoy20 after positive preliminary results from second cohort.
- Granted key patent in January 2024 to expand intellectual property portfolio.
- Accepted for poster presentation at ASCO Annual Meeting on June 1, 2024, highlighting initial Phase 1 Decoy20 data.