Welcome to our dedicated page for JANUX news (Ticker: JANUX), a resource for investors and traders seeking the latest updates and insights on JANUX stock.
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Janux Therapeutics reported financial results for the quarter ended June 30, 2021, showcasing a well-capitalized position following a Series B financing of $125 million and a successful IPO that raised $222.9 million. The company aims to advance its TRACTr platform and T cell engager immunotherapies, expecting to submit at least two IND applications by the end of 2022. Despite increased research and administrative expenses totaling $6.7 million for the quarter, Janux's cash and short-term investments have risen to $394.2 million, compared to $7.8 million at year-end 2020.
