Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.2M |
Gross Profit | -0.2M |
Operating Expense | 21.9M |
Operating I/L | -21.9M |
Other Income/Expense | 1.2M |
Interest Income | 1.2M |
Pretax | -20.6M |
Income Tax Expense | 0.5M |
Net Income/Loss | -21.2M |
IO Biotech, Inc. is a clinical-stage biopharmaceutical company specializing in immune-modulating cancer therapies. Their lead product candidate, IO102-IO103, targets immunosuppressive proteins such as IDO and PD-L1, and is in phase 2 clinical trial for melanoma and phase 1 trials for lung, head and neck, bladder, and melanoma cancer. Additionally, they are developing IO112, a product candidate designed to target T cells recognizing epitopes derived from Arginase 1 for cancer treatment.