Intensity Therapeutics, Inc. ( (INTS) ) has released its Q2 earnings. Here is a breakdown of the information Intensity Therapeutics, Inc. presented to its investors.
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Intensity Therapeutics, Inc. is a biotechnology company focused on developing intratumoral cancer therapies using its DfuseRxSM technology platform to create novel drug formulations aimed at treating solid tumors.
In its latest earnings report for the quarter ended June 30, 2025, Intensity Therapeutics highlighted its ongoing clinical trials and financial performance. The company is advancing its lead product candidate, INT230-6, through various stages of clinical trials, including a Phase 3 trial for soft tissue sarcoma and a Phase 2 study for triple-negative breast cancer.
The company reported a net loss of $2.5 million for the quarter, a significant reduction from the $5.0 million loss in the same period last year. Operating expenses decreased to $2.7 million from $5.1 million, primarily due to reduced research and development costs. The company raised $4.1 million through public offerings and ATM sales, contributing to a cash balance of $2.2 million as of June 30, 2025.
Looking ahead, Intensity Therapeutics plans to continue its clinical development programs and explore additional funding opportunities to support its operations. The company remains focused on advancing its product candidates through regulatory pathways and achieving potential commercialization milestones.