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Dianthus Q1 net loss $40.8M; cash $1.2B; claseprubart and DNTH212 advance
Net loss $40.8M ($0.85/share) vs $29.5M ($0.82) in Q1 2025; R&D spend $34.5M up from $27.0M.
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FDA agrees to remove ANA screening, reclassify lupus risk for Dianthus' claseprubart trials
FDA agreed to remove anti-nuclear antibodies (ANAs) as screening criteria for all ongoing and future claseprubart trials.
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Dianthus Therapeutics raises ~$673.5M in public offering of common stock and pre-funded warrants
Offering of 7,313,582 shares at $81.00/share and pre-funded warrants for 402,468 shares at $80.999/share.
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Dianthus announces early GO decision in Phase 3 CAPTIVATE CIDP trial; reports FY2025 results
Early GO decision: 20 confirmed responders with less than 40 participants; DSMB confirmed; no serious infections or discontinuations.
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Dianthus reports Q3 net loss $36.8M; gMG Ph2 data positive, CIDP Ph3 interim accelerated to Q2'26
Net loss of $36.8M ($0.97/share) vs $25.2M ($0.74/share) Q3'24; R&D $32.5M on higher clinical costs.
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Dianthus licenses DNTH212 from Leads Biolabs; $30M upfront, $962M potential milestones
Up to $38M in upfront and near-term payments ($30M cash plus $8M milestone at Phase 1 start).
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Dianthus raises ~$270M in public offering of common stock and pre-funded warrants
Issued 6,487,879 common shares at $33.00/share and 1,112,121 pre-funded warrants at $32.999/share.
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Dianthus reports positive Phase 2 MaGic trial for claseprubart in gMG; both doses meet endpoints
Claseprubart 300mg Q2W: MG-ADL mean change -4.6 (placebo-adjusted -1.8, p=0.0113); QMG -4.4 (adj. -2.4, p=0.0144) at Week 13.
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Dianthus Q1 net loss $29.5M; gMG trial enrollment complete, top-line Sep 2025
Net loss $29.5M ($0.82/sh) vs $13.7M ($0.54/sh) Q1 2024; cash $331.5M, runway into 2H'27.
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Dianthus Therapeutics Q3 net loss $25.2M; cash $342.6M; Phase 3 CIDP trial planned by YE 2024
Net loss $25.2M ($0.74/sh) vs $14.8M ($3.78/sh) in Q3 2023; R&D expense rose to $25.5M from $8.0M.
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Dianthus reports Q2 net loss $17.6M; cash $360.7M funds pipeline into 2H'27
Net loss $17.6M ($0.51/share) vs $11.1M ($12.73/share) in Q2 2023.
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Dianthus shareholders approve 2.93M share increase to stock option plan
Stockholders approved an amendment increasing shares reserved under the stock option plan by 2,931,820 shares.
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Dianthus reports FY2023 net loss $43.6M, cash $389M; Phase 2 gMG trial initiated
FY2023 net loss $43.6M ($8.45/share), R&D $32.8M, G&A $18.2M.
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Dianthus Therapeutics raises $230M in PIPE financing at $12.00/share
PIPE gross proceeds ~$230M from 14.5M common shares at $12.00 and 4.7M pre-funded warrants at $11.999.
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Dianthus expects ~$173M cash at year-end 2023; to present at JPM conference
Preliminary unaudited cash, equivalents, and short-term investments of ~$173M as of Dec 31, 2023.
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Dianthus reports Q3 net loss $14.8M; positive Phase 1 data for DNTH103, cash $189.9M
Net loss of $14.8M ($3.78 per share); R&D expenses $8.0M, G&A $8.7M including $4.0M severance.
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Dianthus files OpCo historical financials; pro forma cash runway into Q2 2026
OpCo net losses: $18.2M (H1 2023), $28.5M (FY2022), $13.1M (FY2021).
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Reverse merger closed: Magenta becomes Dianthus Therapeutics; ticker changes to DNTH
Merger closed: Magenta combined with Dianthus OpCo; new entity trades as DNTH; ~14.8M shares post-merger.
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Magenta Therapeutics stockholders approve merger with Dianthus; closing expected Sept 11
Stockholders approved share issuance and change of control (30.1M For, 6.3M Against) and reverse stock split (47.4M For).
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Magenta to merge with Dianthus in reverse merger; Dianthus holders to own 78.7% of combined firm
Dianthus stockholders will own ~78.7% of combined company; Magenta holders ~21.3%.
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Magenta Therapeutics pays $14.8M to terminate Cambridge sublease with Novartis
One-time termination payment of $14,780,188 to Novartis for early exit from 69,000 sq ft sublease.
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Magenta Therapeutics adopts one-year stockholder rights plan to support strategic review
Rights plan triggers at 10% beneficial ownership; each right entitles holder to purchase preferred stock units at $3.75.
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Magenta Therapeutics to cut ~84% of workforce, CEO Gardner departs; CFO Mahoney becomes President
Board approved restructuring plan reducing workforce by up to 56 positions (~84%), substantially complete by Feb 17, 2023.
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Magenta Therapeutics halts all programs, explores strategic alternatives
Halts all development programs; will explore strategic alternatives including acquisition, merger, or business combination.
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Magenta pauses MGTA-117 Phase 1/2 trial after participant death possibly related to drug
Latest participant dosed at Cohort 3 level (0.08 mg/kg) experienced Grade 5 SAE: respiratory failure and cardiac arrest leading to death.
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Magenta stops MGTA-117 Cohort 4 dosing after two DLTs; to continue at Cohort 3
Three participants dosed in Cohort 4 (0.13 mg/kg); two had dose-limiting toxicities (respiratory SAEs).
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Magenta reports MGTA-117 Phase 1/2 data: no DLTs, two patients became transplant eligible
MGTA-117 showed dose-dependent binding and depletion of CD117+ cells; no dose-limiting toxicities observed in 15 patients across Cohorts 1-3.
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Magenta Therapeutics Q3 net loss $16.1M; cash $128.3M funds into Q2 2024
Cash, equivalents and marketable securities $128.3M at Sept 30, 2022, down from $176.9M at Dec 31, 2021.
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Magenta Q2 net loss $17.3M; cash $139.4M; MGTA-117 interim data expected Q4 2022
Cash, equivalents, and marketable securities $139.4M as of June 30, 2022; funds operations into Q2 2024.
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Magenta Q1 net loss $23M; MGTA-117 shows target binding and rapid clearance at lowest dose
Net loss of $23.0M for Q1 2022 vs. $17.5M in Q1 2021; R&D expenses rose to $16.5M from $11.7M.
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Magenta Therapeutics prioritizes MGTA-117, cuts workforce 14%, extends cash runway into Q2 2024
MGTA-117 Phase 1/2 trial shows encouraging early data: well-tolerated with no significant adverse events, early pharmacodynamic signals.
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Magenta Therapeutics reports Q4 2021 net loss $19.3M; first patient dosed in MGTA-117 trial
Cash, cash equivalents and marketable securities at Dec 31, 2021: $176.9M, expected to fund operations into Q4 2023.