earnings
confidence high
sentiment neutral
materiality 0.60
Immuneering Q3 net loss $0.43/share; Phase 2a for IMM-1-104 expanded to 5 arms
Immuneering Corp
2023-Q3 EPS reported
-$1.36
- Net loss $12.6M ($0.43/sh) vs $12.8M ($0.49/sh) in Q3 2022.
- Cash $97.2M at Sept 30, 2023 ($105.5M at Dec 31, 2022); runway into 2025.
- Phase 1 dose evaluation of IMM-1-104 ~2/3 enrolled; no DLTs; Phase 2 dose recommendation expected early 2024.
- Phase 2a expanded to 5 arms: 3 monotherapy (PDAC, melanoma, NSCLC) and 2 combinations (mFOLFIRINOX, gem/nab-paclitaxel); first patient dosing early 2024.
- IND for IMM-6-415 on track for Q4 2023; Phase 1/2a to include RAS and RAF mutant disease.