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Invea Therapeutics (INAI) investor relations material

Invea Therapeutics has been private

Invea Therapeutics Registration Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Registration Filing summary15 Dec, 2025

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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