other material
confidence high
sentiment negative
materiality 0.75
Instil Bio discontinues AXN-2510, pivots to acquisitions; cash $76.3M
Instil Bio, Inc.
- Discontinued clinical development of AXN-2510; terminated license with ImmuneOnco.
- Cash, equivalents & marketable securities $76.3M as of Dec 31, 2025, down from $115.1M year-end 2024.
- Management evaluating acquisitions and in-licensing opportunities across therapeutic areas.
- Net loss per share (GAAP) $1.21 for Q4 2025; full year net loss $10.70 per share.
- Cash expected to fund operating plan beyond 2027.