earnings
confidence high
sentiment neutral
materiality 0.50
Werewolf Therapeutics Q3 net loss $13.8M; cash $170.4M; Merck collaboration for WTX-124
Werewolf Therapeutics, Inc.
2021-Q3 EPS reported
-$11.89
- Net loss of $13.8M versus $6.1M in Q3 2020; R&D expenses $9.8M, G&A $4.0M.
- Cash and equivalents $170.4M, up from $92.6M at year-end 2020; runway through Q2 2023.
- Entered clinical trial collaboration with Merck to evaluate WTX-124 + KEYTRUDA in solid tumors.
- On track to file INDs for WTX-124 and WTX-330 in first half of 2022.
- Appointed Meeta Chatterjee, Ph.D., to board of directors in October 2021.