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Dec 31, 2019

Immunovant Q3 2020 Earnings Report

Reported financial results for the third quarter ending December 31, 2019.

Key Takeaways

Immunovant reported a net loss of $11.3 million and ended the quarter with $123.5 million in cash. The company also received IND clearance to initiate a Phase 2a trial in warm autoimmune hemolytic anemia (WAIHA).

Ended the quarter with $123.5 million in cash.

Received IND clearance to initiate Phase 2a trial in warm autoimmune hemolytic anemia (WAIHA).

Research and development expenses were $5.0 million.

General and administrative expenses were $6.1 million.

EPS
-$0.275
Previous year: -$0.241
+14.3%
R&D Expenses
$5M
G&A Expenses
$6.1M
Gross Profit
$0
0
Cash and Equivalents
$124M

Immunovant

Immunovant