other material
confidence high
sentiment neutral
materiality 0.65
Intensity Therapeutics Q3 net loss $3.5M; first patient dosed in Phase 2 TNBC study
INTENSITY THERAPEUTICS, INC.
- Net loss of $3.5M for Q3 2024 vs $2.3M a year ago; R&D expenses rose to $2.2M.
- Cash and equivalents $2.8M as of Sept 30, 2024; expected to fund operations into Q1 2025.
- First patient dosed in Phase 2 INVINCIBLE-4 study of INT230-6 in presurgical triple-negative breast cancer.
- Phase 3 INVINCIBLE-3 sarcoma study received regulatory authorizations in 8 countries; enrollment target 333 patients.
- Regulatory approvals obtained from Health Canada, EMA, Swissmedic, and Australia's TGA during Q3 2024.