earnings
confidence high
sentiment neutral
materiality 0.55
Imara reports Q3 net loss $13.6M; tovinontrine Phase 2b interim data expected Q4 2021
Enliven Therapeutics, Inc.
2022-Q3 EPS reported
-$1.33
- Net loss $13.6M ($0.55/share) vs $12.4M ($0.72/share) in Q3 2020; cash & investments $102.8M.
- R&D expenses $10.4M; FY2021 R&D guidance $40-45M, G&A $12-13M; cash runway into Q1 2023.
- Phase 2b Ardent (SCD) and Forte (beta-thalassemia) trials fully enrolled; interim data Q4 2021, primary analysis Q1 2022.
- New pipeline asset IMR-261 (Nrf2 activator) acquired; preclinical data to be presented at ASH 2021.
- Hired cardiologist Dr. Toni Bransford to lead HFpEF Phase 2 trial of tovinontrine; trial expected to start 2022.