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Invea Therapeutics (INAI) investor relations material
Invea Therapeutics Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Focuses on developing oral, small-molecule therapies for immune-mediated inflammatory diseases (IMIDs), targeting conditions such as chronic urticaria, atopic dermatitis, and prurigo nodularis, among others.
Utilizes the AlphaMeld Platform, integrating AI, machine learning, and generative AI for drug discovery and target identification.
Lead candidate INVA8001 is a chymase inhibitor for mast cell-driven inflammation, with plans for Phase 2a trials in the EU for chronic inducible urticaria.
Second candidate INVA8003 is a novel oral inhibitor targeting ASC for inflammasome-driven diseases, in preclinical development.
Business model includes in-licensing, internal development, and potential strategic collaborations for commercialization.
Financial performance and metrics
No product revenue to date; operations funded by parent company InveniAI, preferred stock, convertible notes, and SAFE instruments.
Net losses: $6.3M (2024), $9.9M (2023); net loss of $2.9M for the nine months ended September 30, 2025.
Cash on hand as of September 30, 2025: $0.3M; accumulated deficit: $26.8M.
Significant working capital deficit and recurring operating losses; substantial doubt about ability to continue as a going concern.
Use of proceeds and capital allocation
Proceeds will fund Phase 2a trial for INVA8001, preclinical development of INVA8003, repayment of $1.8M to InveniAI, repayment of related party and convertible notes, accrued liabilities, and licensing fees.
Remaining funds allocated to general corporate purposes, working capital, and operating expenses.
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