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Instil Bio Reports 2024 Financial Results and Outlook

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Instil Bio Reports 2024 Financial Results and Outlook

Instil Bio ( (TIL) ) has issued an announcement.

Instil Bio reported its fourth quarter and full year 2024 financial results, highlighting a decrease in cash and marketable securities compared to the previous year. The company anticipates significant clinical developments in 2025, including data updates and trial initiations for its lead asset AXN-2510/IMM2510 in collaboration with ImmuneOnco, which could impact its operations and industry positioning.

More about Instil Bio

Instil Bio is a clinical-stage biopharmaceutical company focused on developing a pipeline of novel therapies. Its subsidiaries include Axion Bio, Inc., whose lead asset AXN-2510/IMM2510 is a novel bispecific antibody in development for treating multiple solid tumor cancers.

YTD Price Performance: -7.03%

Average Trading Volume: 94,560

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $131.2M

Find detailed analytics on TIL stock on TipRanks’ Stock Analysis page.

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