earnings
confidence high
sentiment neutral
materiality 0.60
Indaptus reports Q4 loss per share $1.61; cash $5.8M; Decoy20 trial enrolls >20 patients
Indaptus Therapeutics, Inc.
- Cash and equivalents $5.8M as of Dec 31, 2024; Jan 2025 private placement raised net $2.0M.
- Entered $20M equity line with Yorkville in Feb 2025; expects cash runway into Q2 2025.
- Phase 1 Decoy20 weekly dosing cohort >20 patients; early stable disease observed.
- R&D expense Q4 2024 $2.5M vs $2.0M YoY; full-year $7.2M vs $7.6M.
- Clinical supply agreement with BeiGene for tislelizumab combo trial expected in 2025.