earnings
confidence high
sentiment positive
materiality 0.75
Immuneering reports Q1 net loss $14.3M; Phase 2a data for IMM-1-104 expected in 2024
Immuneering Corp
2024-Q1 EPS reported
-$0.49
- Net loss $14.3M ($0.49/share) vs $13.6M ($0.51) Q1 2023; R&D expense $11.2M up from $10.2M.
- Phase 1 data for IMM-1-104 shows well-tolerated safety; target lesion regression in >50% of patients at 320mg.
- First patient dosed in Phase 2a of IMM-1-104; initial data from multiple arms expected in 2024.
- First patient dosed in Phase 1/2a of IMM-6-415 (RAF/RAS mutations); initial PK/PD/safety data expected 2024.
- FDA Fast Track designation for IMM-1-104 in pancreatic cancer; cash $71.3M expected to fund operations into H2 2025.