Clinical Trial SuccessThe P3 NEAT study of encapsulated dexamethasone sodium phosphate (eDSP) in Ataxia-Telangiectasia is a key event for QNCX shares, and is expected to produce top-line data soon. If successful, an NDA is expected to be filed, and the probability of a successful outcome for NEAT favors Quince based on prior data.
Financial StabilityThe company was able to top-off its balance sheet with up to $22M via equity financing, alleviating the potential runway issue to get through the data.
Patient Confidence100% of patients that completed the NEAT study have elected to move to the open-label extension, indicating strong patient confidence in the treatment.