Aprea Therapeutics Q2 net loss widens on higher R&D costs
Aprea Therapeutics Q2 net loss widens on higher R&D costs
Overview
US oncology drug developer reported Q2 net loss widened to $3.6 mln, or $0.07 per share
Cash and equivalents rose to $41.2 mln, boosted by $30 mln private placement
R&D expenses increased as company advanced Phase 1 APR-1051 trial and expanded enrollment
Outlook
Aprea expects to report next APR-1051 clinical data update in Q4 2026
Company anticipates completing APR-1051 dose escalation and expansion in Q2 2027
Aprea expects cash and equivalents to fund operations into Q1 2028
Result Drivers
R&D EXPENSES - Higher R&D costs driven by expanded enrollment and dose escalation in Phase 1 APR-1051 trial
TRIAL EXPANSION - Accelerated enrollment and increase in active clinical sites for ACESOT-1051 trial
EARLY CLINICAL ACTIVITY - Early signs of activity for APR-1051, including partial responses and disease stabilization, prompted further trial expansion
Company press release: ID:nGNX4Bn51r
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Loss Per Share |
| $0.07 |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Aprea Therapeutics Inc is $5.00, about 657.5% above its August 11 closing price of $0.66
Reuters Recommended Reads
Aug 11 - Oncology firm Immunome's Q2 net loss widens as R&D costs rise
Aug 11 - Intensity Therapeutics Q2 net loss widens as R&D costs rise
Aug 11 - Cardiff Oncology Q2 operating expenses fall on lower R&D costs
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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Brief: Aprea Therapeutics Provides Acesot-1051 Program Update For Wee1 Inhibitor Apr-1051 Accelerating And Expanding Enrollment. Clinical Data Presentation Planned For Q4 2026
Brief: Aprea Therapeutics - Files For Resale Of Up To 5.5 Million Shares By Selling Stockholders - SEC Filing