earnings
confidence high
sentiment neutral
materiality 0.65
Xilio reports Q3 net loss of $16.7M; cash runway into Q2 2024; XTX202 shows 50% DCR at ≥2.8 mg/kg
Xilio Therapeutics, Inc.
2023-Q3 EPS reported
-$2.14
- Net loss $16.7M vs $19.8M YoY; R&D spend $11.1M, G&A $6.3M.
- Cash $59.8M (Sep 30) vs $120.4M (Dec 31); runway into Q2 2024.
- XTX202 Phase 1/2: 50% disease control rate at ≥2.8 mg/kg; no vascular leak syndrome.
- XTX101: >70% tumor activation in biopsies; clinical trial collaboration with Roche to start combo with atezolizumab in Q4 2023.
- XTX301 preliminary Phase 1 safety data expected Q4 2023.