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INTS — Intensity Therapeutics News Story

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Intensity Therapeutics Q2 net loss widens as R&D costs rise

Intensity Therapeutics Q2 net loss widens as R&D costs rise


Overview

  • US cancer therapy developer's Q2 net loss widened yr/yr as R&D expenses increased

  • Company restarted patient treatment in Phase 2 TNBC trial and resumed Phase 3 sarcoma study activities

  • Raised $1.6 mln in net proceeds under ATM facility; cash stood at $9.5 mln end-Q2


Outlook

  • Company expects to resume U.S. enrollment in INVINCIBLE-3 Phase 3 study by Q3 2026

  • Company targets complete enrollment in INVINCIBLE-4 Phase 2 study by end of 2027

  • Company expects to continue strategic partnership discussions in second half of 2026


Result Drivers

  • CLINICAL TRIAL RESUMPTION - Increased R&D expenses driven by resumed activities in Phase 3 INVINCIBLE-3 sarcoma study

  • TRIAL PROTOCOL MODIFICATIONS - Protocol amendments in TNBC and sarcoma trials followed investigator feedback and regulatory review

  • PRELIMINARY TRIAL DATA - Early results in Phase 2 TNBC trial showed higher pathological complete response rates and fewer adverse events


Company press release: ID:nPn5kKXwYa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Loss Per Basic Share

$1.11

Q2 Operating Income

-$3.08 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 $30.00, about 599.3% above its August 10 closing price of $4.29


Reuters Recommended Reads

  • Aug 10 - Perspective Therapeutics Q2 net loss widens on higher R&D costs

  • Aug 11 - Shattuck Labs Q2 net loss widens as R&D spending rises

  • Aug 10 - Olema Pharmaceuticals Q2 net loss widens on higher clinical trial spending


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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