earnings
confidence high
sentiment neutral
materiality 0.60
Immuneering reports $85.7M cash, net loss $53.5M in 2023; trial milestones ahead
Immuneering Corp
- Cash, cash equivalents and marketable securities $85.7M as of Dec 31, 2023; cash runway into 2H 2025.
- Net loss Q4 2023 $15.1M ($0.52 per share); full year net loss $53.5M ($1.88 per share).
- FDA Fast Track designation for IMM-1-104 in pancreatic cancer received Feb 2024.
- Topline Phase 1 data for IMM-1-104 expected March 2024; first patient in Phase 2a expected March 2024.
- First patient dosing in Phase 1/2a trial of IMM-6-415 expected March 2024.