earnings
confidence high
sentiment neutral
materiality 0.55
Monopar Q1 net loss $2.4M; camsirubicin dose-escalation continues; Validive trial discontinued
Monopar Therapeutics
- Net loss of $2.4M ($0.19/share) for Q1 2023, vs $2.5M ($0.19/share) in Q1 2022.
- Cash, equivalents and short-term investments $11.7M as of March 31, 2023; runway through June 2024.
- Camsirubicin Phase 1b enrolling 5th dose cohort (650 mg/m²); no drug-related cardiotoxicity observed to date.
- Validive Phase 2b/3 VOICE trial discontinued after DSMB found it did not meet 15% efficacy threshold.
- MNPR-101 RIT preclinical studies show high tumor uptake; FIH imaging study targeted by end of 2023.