earnings
confidence high
sentiment neutral
materiality 0.65
Werewolf Therapeutics reports 2021 net loss $50M, cash $157.5M; IND filings on track
Werewolf Therapeutics, Inc.
- Net loss $17.9M in Q4 2021 ($7.4M Q4 2020); full-year loss $50.0M ($15.0M 2020).
- Cash $157.5M at Dec 31, 2021 ($92.6M Dec 31, 2020); runway through at least Q2 2023.
- R&D expenses $35.3M in 2021 ($16.6M 2020); G&A $14.8M ($5.8M).
- IND for WTX-124 expected Q2 2022; IND for WTX-330 early Q3 2022.
- Announced clinical trial collaboration with Merck for WTX-124 + Keytruda in solid tumors.