earnings
confidence high
sentiment neutral
materiality 0.65
Quince Therapeutics Q2 net loss $27.7M; Phase 3 NEAT on track for Q4 2025 topline
Quince Therapeutics, Inc.
2024-Q2 EPS reported
-$0.90
- Cash $59.4M at June 30; expects runway into 2026 through Phase 3 NEAT topline results.
- Net loss $27.7M ($0.64/share) includes $17.1M goodwill impairment; R&D $4.2M, G&A $4.7M.
- Phase 3 NEAT enrolled 7 patients; topline results expected Q4 2025; NDA/MAA in 2026 if positive.
- FDA Fast Track for EryDex in A-T; diagnosed U.S. patients estimated at ~4,600 (up from ~3,400).
- Planning DMD proof-of-concept study in 2025; evaluating partnerships for ex-U.S. rights.