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Immix Biopharma (IMMX) investor relations material
Immix Biopharma Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Focused on CAR-T therapy NXC-201 for relapsed/refractory AL Amyloidosis, with ongoing Phase 1b/2 trials in the US and ex-US, and expansion to 18 clinical sites as of July 2025.
NXC-201 has received FDA RMAT and Orphan Drug Designation, as well as European ODD, and has shown high response rates in clinical data presented at major conferences.
Awarded an $8M CIRM grant to support NXC-201 clinical development, with $3.6M received and $4.4M remaining as of August 2025.
Company operates as a single segment, with all significant decisions made at the consolidated level.
Financial highlights
Cash and cash equivalents were $11.6M as of June 30, 2025, with $12M reported in a subsequent update.
Net loss for Q2 2025 was $6.6M, up from $4.4M in Q2 2024; net loss for the six months ended June 30, 2025 was $11.2M, up from $9.7M year-over-year.
General and administrative expenses for Q2 2025 were $2.7M (up from $2.5M), and R&D expenses were $4.0M (up from $2.2M) compared to Q2 2024.
Interest income declined to $104K in Q2 2025 from $307K in Q2 2024 due to lower cash balances.
Net cash used in operating activities for the six months ended June 30, 2025 was $7.0M, down from $9.1M in the prior year period.
Outlook and guidance
Management expects continued operating losses and insufficient capital to fund operations for the next twelve months, indicating substantial doubt about the ability to continue as a going concern.
Plans to seek additional capital through equity, debt, grants, or strategic partnerships; alternatives to the current business plan may be considered if funding is not secured.
Funding strategy for operations beyond Q3 2026?
Next steps for NXC-201 registrational trial?
Future financial commitments from license deals?
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Next Immix Biopharma earnings date
Q3 202510 Nov, 2025
Next Immix Biopharma earnings date
Q3 202510 Nov, 2025
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Frequently asked questions
Immix Biopharma Inc is a U.S.-based clinical-stage biopharmaceutical company focused on developing therapies for cancer and inflammatory diseases. The company’s lead programs are based on its proprietary tissue-specific therapeutics platform, designed to deliver biologics and small molecules to specific tissues while minimizing systemic toxicity. Immix Biopharma conducts clinical trials for rare and hard-to-treat cancers, as well as immune-related conditions. The company is headquartered in Los Angeles, California, and its shares are listed on the NASDAQ.
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