Sep 30, 2020

Immunome Q3 2020 Earnings Report

Immunome reported third quarter 2020 financial results and significant progress.

Key Takeaways

Immunome reported a net loss of $8.4 million, or $7.52 per share, for the quarter ended September 30, 2020. The company completed an IPO in October, resulting in net proceeds of $41.7 million.

Completed $44.9M IPO in October.

Identified COVID 19 Neutralizing antibodies.

Made significant progress on lead programs, including IMM-BCP-01 for the treatment of COVID-19 in collaboration with US Department of Defense.

Awarded a $13.3 million contract from the US Department of Defense to develop an antibody cocktail.

EPS
-$7.52
Previous year: -$0.476
+1478.3%
R&D Expenses
$1.64M
G&A Expenses
$1.17M
Cash and Equivalents
$6.74M
Total Assets
$12M

Immunome

Immunome