earnings
confidence high
sentiment positive
materiality 0.65
Werewolf Therapeutics Q3 net loss $8.3M; WTX-124 shows early antitumor activity
Werewolf Therapeutics, Inc.
2023-Q3 EPS reported
-$0.72
- Cash $130.1M as of Sep 30; sufficient to fund operations through Q4 2024.
- Collaboration revenue $5.9M (vs $5.0M prior year); net loss $8.3M (vs $11.9M).
- WTX-124 Phase 1 data: well-tolerated, two unconfirmed partial responses at 12 mg, no Grade 3+ related AEs.
- WTX-330 dose escalation ongoing; WTX-124 expansion expected to open in H1 2024.
- New pipeline candidate WTX-518 (IL-18 INDUKINE) added; preclinical data in H1 2024.