earnings
confidence high
sentiment neutral
materiality 0.60
NextCure Q3 net loss $11.5M, cash $75.3M; plans LNCB74 IND by Q4 2024
NextCure, Inc.
2024-Q3 EPS reported
-$1.58
- Net loss of $11.5M for Q3 2024, vs $14.3M in Q3 2023; R&D expense down to $8.8M.
- Cash, cash equivalents, and marketable securities $75.3M as of Sep 30, 2024; expected runway into H2 2026.
- LNCB74 (B7-H4 ADC) IND planned by Q4 2024; preclinical data at SITC in November.
- NC410 combo trial concluding, seeking partner; ovarian ICI-naïve response rate 25% (5/20) and CRC MSS 8.3% (3/36) PRs at 100 mg.
- Preclinical NC181 (Alzheimer's) and NC605 (osteogenesis) also seeking partner or financing.