MiNK Therapeutics Reports Q3 2025 Results and Accelerates iNKT Platform Toward Pivotal Development Across Oncology, Pulmonary Disease, and Transplantation
- New clinical data show durable remissions and long-tail survivors including >2-year complete remissions in chemotherapy- and checkpoint-refractory cancers
- GVHD trial launching through non-dilutive funding from
NIH - and philanthropic grants - Launching Phase 2+ trial in severe pulmonary disease in US population with FDA-validated endpoints
- Added national leaders in pulmonary medicine, trauma, and biodefense join MiNK management (
Dr. Hammond ) and Board (Dr. Holcomb ) to drive pivotal development - Cash runway extended through 2026, enabling multiple inflection points
Q3 2025 Highlights
- Durable clinical responses in refractory solid tumors with agenT-797
At SITC 2025, MiNK reported updated clinical data showing sustained tumor regression and immune reprogramming with its lead asset agenT-797 across checkpoint-refractory cancers, including complete remissions lasting more than two years and survival exceeding two and three years in late stage, refractory cancers. Safety profile was favorable with no ≥ Grade 3 CRS or neurotoxicity. - Ongoing publication and translational momentum
Peer-reviewed publications in Oncogene and Frontiers in Immunology further validated agenT-797’s ability to reinvigorate immune-exhausted T cells and reduce pulmonary inflammation without lymphodepletion, providing mechanistic and clinical rationale for pivotal-enabling trials across oncology and inflammatory diseases. - Launch of federally and philanthropically funded collaboration with the
University of Wisconsin Carbone Cancer Center (UWCCC) in GvHD with agent-797
In collaboration with the University of Wisconsin Carbone Cancer Center–Madison, MiNK initiated a preclinical andPhase 1 study of agenT-797 with the goal of preventing GvHD and reduce relapse in stem-cell transplant patients. The study, led by Dr.Hongtao Liu and Dr.Jenny Gumperz , is supported by the Mary Gooze Clinical Trial and Translation Award and an NIH STTR grant from NIAID.
“This trial reflects the broader momentum of our iNKT platform as we expand into diseases marked by profound immune dysregulation,” said Dr.
- Strengthened leadership
- Dr.
Terese C. Hammond , a nationally recognized expert in pulmonary and critical care medicine, joined MiNK as Head of Inflammatory and Pulmonary Diseases to lead the Company’s late-stage ARDS and GvHD programs. - Colonel (Ret.)
John B. Holcomb , MD, FACS joined MiNK’s Board of Directors, bringing global expertise in trauma and critical care to advance iNKT therapies in immune-mediated and pulmonary diseases.
- Dr.
“This quarter, MiNK achieved meaningful clinical and organizational milestones as we continue our disciplined path toward pivotal development,” said
Financial Highlights
- Cash Position: MiNK ended Q3 2025 with approximately $14.3 million in cash and cash equivalents and subsequently raised $1.2 million through equity sales, providing expected runway through 2026.
- Net Loss: Net loss for Q3 2025 was $2.9 million, or $0.65 per share, compared to $1.8 million, or $0.46 per share for Q3 2024. For the nine-months ended Q3 2025, net loss was $9.9 million, or $2.39 per share compared to $8.3 million or $2.24 per share for the same period in 2024. Current period results reflect ongoing activity supporting our agent-797 programs.
| Summary Consolidated Financial Information | |||||||||||
| Condensed Consolidated Balance Sheet Data | |||||||||||
| (in thousands) | |||||||||||
| (unaudited) | |||||||||||
| Cash and cash equivalents | $ | 14,281 | $ | 4,577 | |||||||
| Other Financial Information | |||||||||||
| (in thousands) | |||||||||||
| (unaudited) | |||||||||||
| Three months ended |
Nine months ended |
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| 2025 | 2024 | 2025 | 2024 | ||||||||
| Net loss | $ | 2,888 | $ | 1,807 | $ | 9,892 | $ | 8,322 | |||
| Net loss per share | 0.65 | 0.46 | 2.39 | 2.24 | |||||||
| Cash used in operations | $ | 941 | $ | 2,995 | $ | 3,851 | $ | 7,828 | |||
Future Catalysts
- Q1 2026: Initiation of the
NIH - and philanthropy-supported Phase 1 GvHD study with UW–Madison - 2026: Early data from our randomized
Phase 2 trial in severe pulmonary inflammatory disease - 2026: Clinical and translational updates from agenT-797 oncology and inflammatory cohorts, including early signals from transplant, GVHD, and pulmonary programs
- 2026: Continued progress on strategic partnerships and manufacturing optimization to support multi-program clinical execution
Taken together, these milestones position MiNK to have multiple studies enrolling, early clinical readouts emerging, and increasing clarity on pivotal-enabling paths across our oncology, inflammatory, and critical-illness portfolio over the next 12 months.
Conference Call and Webcast Information
MiNK executives will host a conference call and webcast at
Conference Participant Dial Information
Conference ID: 3474114
Webcast & Replay Information
A live webcast and replay of the conference call will be accessible from the Events & Presentations page of the Company’s website following the event.
Live event link: https://edge.media-server.com/mmc/p/4bufw45x
Webcast Replay: https://investor.minktherapeutics.com/events-and-presentations
About
Its lead candidate, agenT-797, is an off-the-shelf, cryopreserved iNKT cell therapy currently in clinical trials for solid tumors, graft-versus-host disease (GvHD), and critical pulmonary immune failure. MiNK’s pipeline also includes TCR-based and neoantigen-targeted iNKT programs that enable tissue-specific immune activation. With a scalable manufacturing process and broad therapeutic potential, MiNK is advancing a new class of immune reconstitution therapies designed to deliver durable, accessible, and globally deployable treatments.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the potential, safety, clinical benefit, and development plans for agenT-797 and other iNKT-based therapies. These statements involve risks and uncertainties, including those described under “Risk Factors” in MiNK’s most recent
Contacts
Investor Contact: 917-362-1370 | investor@minktherapeutics.com
Media Contact: 781-674-4428 | communications@minktherapeutics.com
Source:
Source: MiNK Therapeutics
