News

MiNK Therapeutics releases Q4 and full year 2021 results report

MiNK Therapeutics releases Q4 and full year 2021 results report
MiNK Therapeutics releases Q4 and full year 2021 results report
Subscribe to Newsletter

MiNK Therapeutics releases Q4 and full year 2021 results report

  • 3587
  • 1 min.
  • 10 connections
MiNK Therapeutics releases Q4 and full year 2021 results report

The company's financial results

MiNK Therapeutics (NASDAQ: INKT) today released its financial results for Q4th and full year 2021.

MiNK's shares opened at US$2.69 in yesterday's trading and closed at US$3.10 (+19.69%).

The company's Volume was 136,807 and Avg. Volume is 80,681. Also, over the last five days, the company's shares have added 16.54% and the highest value per share was US$3.10 and the lowest value was US$2.17.

The company's market capitalisation to date stands at US$103.864 million.

The company has a 52-week high of US$22.16 and a 52-week low of US$2.16.

Report from biopharmaceutical company

The company reported a cash balance of 39 million US dollars as of 31 December 2021.

Also, the company reported a net loss of US$30 million for the year. However, the net loss for Q4th is US$6 million.

The IPO was completed with proceeds of 46 million USD and the annual cash outflow for 2021 is about 13 million USD.

It is worth noting that the company has also reported that clinical trials of AgenT-797 (Allo-iNKTs) anti-PD-1 in solid tumours are underway.

MiNK Therapeutics was founded in 2017 and the company is a subsidiary of Agenus.

Also, Garo Armen is Chairman of the company, John Baldoni, Peter Behner, Brian Corvese, Barbara Ryan and Ulf Wiinberg are Directors, Jennifer Buell is President and CEO of the MiNK.

Persons7 and Companies3 in the news

Tags:
Section: business
Source foto: moneyfindings.com

Related news

Last news

Quotes

All

Savannah Guthrie Returns to ‘Today’ After Four-Day Absence

MELVIN Craig
MELVIN Craig

So glad that Savannah’s back in Studio 1A

Teen Wolf Star Dylan Sprayberry Reveals Scientology Journey After Substance Abuse Battle

SPRAYBERRY Dylan
SPRAYBERRY Dylan

I am a Scientologist. I’ve been a Scientologist for three years now. It’s been an epic experience for me

Conor McGregor Speaks Out After 69-Second UFC 329 Loss to Max Holloway

MCGREGOR Conor
MCGREGOR Conor

I will overcome this. I will not be deterred

Jimmy Kimmel Replacement Tiffany Haddish Vows to Keep Making Trump ‘Mad’ With One Move

HADDISH Tiffany
HADDISH Tiffany

I had the best time this week. I made some new friends. I told some jokes that pissed off the White House. And now I can go back to making the president mad just by being a successful Black woman

Montel Williams Makes Rare Comment About Ex-Girlfriend Kamala Harris

WILLIAMS Montel
WILLIAMS Montel

I’m one of those guys that I don’t kiss and tell

Events

All

Atomic Veterans Day 16 July

When scientists first tapped into the immense power contained within atoms, they could not foresee the profound risks that would accompany their disco ...

Read more >