Janux Q2 2023 Earnings Report
Key Takeaways
Janux Therapeutics reported positive interim Phase 1 clinical trial data for PSMA-TRACTr JANX007 in prostate cancer, strengthened their management team, and had $303.3 million in cash, cash equivalents, and short-term investments at the end of the second quarter 2023. They further strengthened their balance sheet with an approximately $60 million offering in July.
Presented positive interim Phase 1 clinical trial data for PSMA-TRACTr JANX007 in prostate cancer.
Management team bolstered with the appointment of Dr. Zachariah McIver as Vice President, Clinical Development.
Reported $303.3 million in cash, cash equivalents, and short-term investments at the end of the second quarter 2023.
Strengthened balance sheet with approximately $60 million offering in July.
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Janux Revenue by Segment
Forward Guidance
Janux plans to deploy the funds raised in July to advance another program into clinical trials and advance additional preclinical programs.