Innate Pharma : Lacutamab and ANKET key to newsflow in the short term
>Financial visibility out to end-2025 - Innate Pharma this morning reported its figures for 2023. Operating revenue for the period came in at € 61.6m (+7% y-o-y), stemming mainly from the recognition of payments received in the context of its collaborations (+4.7% y-o-y at € 52m) and the research tax credit (€ 9.7m). Operating expenses remain stable at € 74.3m, for an operating loss of -€ 12.7m (vs -€ 16.4m in 2022 excluding asset write-down charges).Cash at end-...Innate Pharma S.A. is a biopharmaceutical Company developing immunotherapy drugs for cancer and inflammatory diseases. Co. specializes in the development of new monoclonal antibodies targeting receptors and pathways controlling the activation of innate immunity cells. Also, Co. has three product-candidates resulting from its research platform are being tested in clinical trials; two of these by Co.'s partners, Bristol-Myers Squibb and Novo Nordisk A/S. Co. focuses on immunopharmacology and antibody technology. Co. has a panel of molecular and cellular assays and in vivo models for assessing the pharmacodynamics, the pharmacotoxicology and efficacy of drug candidates.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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