MarketBeat Earnings
Innate Pharma Secures €30M, Extends Cash Runway Into 2028
Innate Pharma has secured €30 million in equity financing, which, combined with a potential €75 million upfront payment from its partnership with Sobi, is expected to extend its cash runway into the first quarter of 2028. This funding will support the development of lacutamab, IPH4502, and preclinical antibody-drug conjugate (ADC) programs. The company also anticipates important data readouts …