OnKure net loss narrows to $15.2 million in Q1 2026

OnKure Therapeutics, Inc. Class A

OnKure Therapeutics, Inc. Class A

OKUR

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  • OnKure Therapeutics posted a net loss of $15.2 million, or $1.11 per share, for first-quarter 2026, narrowing from a $15.9 million loss a year earlier.
  • R&D expense fell 10% to $11.7 million, while G&A expense edged down to $3.9 million.
  • Cash and cash equivalents climbed to $192.1 million as of March 31, following a $150 million private placement that closed the same day.
  • OKI-355 was nominated as lead vascular anomalies candidate, OKI-345 was selected for breast cancer, with IND submissions for both planned in first-half 2027.
  • OnKure said it is not planning to independently pursue further clinical development of OKI-219, with data from PIKture-01 expected by end of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onkure Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051605PRIMZONEFULLFEED9712549) on May 05, 2026, and is solely responsible for the information contained therein.