share_log

In8bio | 8-K: IN8bio Reports Third Quarter 2024 Financial Results and Recent Corporate Highlights

In8bio | 8-K: IN8bio Reports Third Quarter 2024 Financial Results and Recent Corporate Highlights

In8bio | 8-K:In8bio公佈2024年第三季度財務業績和近期公司亮點
美股SEC公告 ·  2024/11/12 15:35

Moomoo AI 已提取核心訊息

IN8bio reported that all Acute Myeloid Leukemia patients treated with INB-100 remain in complete remission as of August 2024. The company received FDA guidance for a potential registrational trial and is expanding enrollment to approximately 25 patients. In October 2024, they secured $11.6 million through a private placement, extending cash runway through 2025.The company implemented strategic changes in Q3 2024, including workforce reduction and pipeline prioritization. They suspended enrollment in the Phase 2 INB-400 glioblastoma trial while continuing to monitor existing patients. Q3 financial results showed R&D expenses of $3.3 million (down from $3.8 million YoY) and G&A expenses of $2.7 million (down from $3.4 million YoY).The net loss was $7.1 million ($0.15 per share) compared to $7.2 million ($0.23 per share) in Q3 2023. Cash position stood at $4.0 million as of September 30, 2024, bolstered by the subsequent $11.6 million private placement in October 2024.
IN8bio reported that all Acute Myeloid Leukemia patients treated with INB-100 remain in complete remission as of August 2024. The company received FDA guidance for a potential registrational trial and is expanding enrollment to approximately 25 patients. In October 2024, they secured $11.6 million through a private placement, extending cash runway through 2025.The company implemented strategic changes in Q3 2024, including workforce reduction and pipeline prioritization. They suspended enrollment in the Phase 2 INB-400 glioblastoma trial while continuing to monitor existing patients. Q3 financial results showed R&D expenses of $3.3 million (down from $3.8 million YoY) and G&A expenses of $2.7 million (down from $3.4 million YoY).The net loss was $7.1 million ($0.15 per share) compared to $7.2 million ($0.23 per share) in Q3 2023. Cash position stood at $4.0 million as of September 30, 2024, bolstered by the subsequent $11.6 million private placement in October 2024.
In8bio報告稱,截至2024年8月,所有接受INb-100治療的急性髓性白血病患者均保持完全緩解。公司收到了FDA關於潛在註冊試驗的指導,並正在將招生人數擴大至約25名患者。2024年10月,他們通過定向增發獲得了1160萬美元的資金,現金流延續到2025年。公司在2024年第三季度實施了戰略調整,包括減少員工和優先考慮研發項目。他們暫停了2期INb-400膠質母細胞瘤試驗的入組,同時繼續監測現有患者。第三季度財務結果顯示,研發費用爲330萬美元(同比下降至380萬美元),管理和行政費用爲270萬美元(同比下降至340萬美元)。淨虧損爲710萬美元(每股0.15美元),相比2023年第三季度的720萬美元(每股0.23美元)。截至2024年9月30日,現金狀況爲400萬美元,受到2024年10月1160萬美元定向增發的支持。
In8bio報告稱,截至2024年8月,所有接受INb-100治療的急性髓性白血病患者均保持完全緩解。公司收到了FDA關於潛在註冊試驗的指導,並正在將招生人數擴大至約25名患者。2024年10月,他們通過定向增發獲得了1160萬美元的資金,現金流延續到2025年。公司在2024年第三季度實施了戰略調整,包括減少員工和優先考慮研發項目。他們暫停了2期INb-400膠質母細胞瘤試驗的入組,同時繼續監測現有患者。第三季度財務結果顯示,研發費用爲330萬美元(同比下降至380萬美元),管理和行政費用爲270萬美元(同比下降至340萬美元)。淨虧損爲710萬美元(每股0.15美元),相比2023年第三季度的720萬美元(每股0.23美元)。截至2024年9月30日,現金狀況爲400萬美元,受到2024年10月1160萬美元定向增發的支持。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息