Mink Therapeutics, Inc. ( (INKT) ) has released its Q2 earnings. Here is a breakdown of the information Mink Therapeutics, Inc. presented to its investors.
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MiNK Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing allogeneic invariant natural killer T (iNKT) cell therapies for cancer and immune-mediated diseases, offering scalable and reproducible off-the-shelf delivery solutions.
In its latest earnings report, MiNK Therapeutics highlighted significant clinical and strategic milestones achieved in the second quarter of 2025, including advancements in their oncology and immunology programs, and an extended cash runway to support future developments.
Key financial metrics from the report indicate a strengthened balance sheet with a cash position of approximately $1.6 million, supplemented by an additional $13 million raised through equity sales. The company reported a net loss of $4.2 million for Q2 2025, reflecting ongoing investments in their agent-797 programs. Notable strategic achievements include a durable complete remission in metastatic testicular cancer and new grants to advance clinical trials in graft-versus-host disease (GvHD).
MiNK Therapeutics also announced progress in their Phase 2 gastric cancer study and received a Department of Defense STTR grant to further develop iNKTs for GvHD prevention and treatment. These developments underscore the company’s commitment to pioneering next-generation cell therapies.
Looking ahead, MiNK Therapeutics is poised to continue its clinical advancements with a solid financial foundation and strategic support, aiming to deliver impactful therapies in oncology and immunology.