tiprankstipranks

Immatics sees cash runway into 2H27

Cash and cash equivalents as well as other financial assets total $549.2M as of September 30, 2024, compared to $476.8M as of December 31, 2023. The increase is mainly due to the public offering in January 2024, partly offset by ongoing research and development activities. Following the $150M public offering in October 2024, the Company now projects a cash runway into the second half of 2027.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue