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Jun 30, 2024

Mink Therapeutics Q2 2024 Earnings Report

Announced second quarter 2024 results and provided a business update.

Key Takeaways

MiNK Therapeutics reported its second quarter 2024 results, highlighting the advancement of its iNKT programs, particularly agenT-797 in a Phase 2 study for second-line gastric cancer, and the fast-tracking of IND-enabling activities for MiNK-215. The company's cash balance at the end of the quarter was $9.3 million, with a net loss of $2.7 million, or $0.07 per share.

AgenT-797 is progressing in a Phase 2 study for second-line gastric cancer.

IND-enabling activities for FAP-expressing CAR-iNKT therapy, MiNK-215, are being fast-tracked.

Expanded findings underscore agenT-797's potential in treating severe respiratory conditions in immune-compromised patients.

MiNK is committed to expanding the development of agenT-797 in areas of ARDS and GvHD.

Total Revenue
$0
EPS
-$0.07
Previous year: -$0.18
-61.1%
Cash Used in Operations
$2.3M
Gross Profit
$0
Cash and Equivalents
$9.3M
Previous year: $10.6M
-12.3%
Total Assets
$10.3M
Previous year: $12.1M
-14.8%

Mink Therapeutics

Mink Therapeutics