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