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Immunome, Inc. Reports Second Quarter 2023 Net Loss of $5.6 Million

Immunome, Inc. Reports Second Quarter 2023 Net Loss of $5.6 Million

Immunome, Inc. Reports Second Quarter 2023 Net Loss of $5.6 Million

By USInMinutes
Published - Aug 15, 2023, 04:26 PM ET
Last Updated - Aug 15, 2023, 04:26 PM EDT

Immunome, Inc.(IMNM), a leading biotechnol ogy company focused on developing innovative immunotherapies, has released its unaudited financial statements for the second quarter of 2023. The company reported a net loss of $5.6 million for the quarter, reflecting its ongoing investment in research and development initiatives. However, the company's collaboration efforts propelled its revenue to $4.3 million during the same period. Let's delve into the details of Immunome's financial performance for Q2 2023.

Net Loss Impact

Immunome, Inc. faced a net loss of $5.6 million for the second quarter of 2023, showcasing the company's continued commitment to advancing its groundbreaking research and development initiatives. Despite the loss, Immunome remains focused on its mission to harness the power of the immune system to develop novel therapies for various diseases.

Collaboration Revenue Drives Revenue Surge

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