earnings
confidence high
sentiment neutral
materiality 0.60
Quince Therapeutics Q3 net loss $5.5M; Phase 3 NEAT enrollment at 32 patients
Quince Therapeutics, Inc.
2024-Q3 EPS reported
-$1.03
- Phase 3 NEAT trial enrolled 32 patients; on track to complete enrollment in Q2 2025 with topline results in Q4 2025.
- Cash, equivalents, and short-term investments of $47.8M; runway expected into 2026 through topline results.
- Net loss of $5.5M ($0.13 per share) for Q3 2024; R&D expenses $4.9M, G&A expenses $3.6M.
- Plans to initiate a Phase 2 Duchenne muscular dystrophy study in 2025.
- Identified 11 potential new rare disease indications for EryDex beyond A-T and DMD.