Intensity Therapeutics Q1 net loss narrows on lower R&D costs

Intensity Therapeutics, Inc.

Intensity Therapeutics, Inc.

INTS

0.00


Overview

  • US biotech firm's Q1 net loss narrowed yr/yr on lower R&D expenses

  • Company ended Q1 with $10.2 mln in cash and cash equivalents

  • Plans to resume enrollment in INVINCIBLE-3 and INVINCIBLE-4 clinical trials in 2026


Outlook

  • Intensity Therapeutics plans to resume INVINCIBLE-4 Study enrollment in Switzerland in Q2 2026

  • Company expects to initiate INVINCIBLE-4 Study enrollment in France in Q2 or Q3 2026

  • Intensity Therapeutics will resume INVINCIBLE-3 Study enrollment in limited U.S. sites by Q3 2026


Result Drivers

  • LOWER R&D SPENDING - Research and development expenses fell due to reduced costs from pausing new site activations and patient enrollment in the INVINCIBLE-3 study

  • EARLY TRIAL DATA - Preliminary results from the INVINCIBLE-4 study showed higher pathological complete response rates and fewer severe adverse events for INT230-6 plus standard of care compared to standard of care alone


Company press release: ID:nPnbRhMP0a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Basic EPS

-$0.96

Q1 Operating Income

-$2.53 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • Wall Street's median 12-month price target for Intensity Therapeutics Inc is $31.00, about 495% above its May 6 closing price of $5.21


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