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IO Biotech Reports Second Quarter 2025 Financial Results and Provides Business Highlights

IO Biotech (IOBT) | 2025-08-14

By Yara Phillips

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IO Biotech announced clinical improvement in progression free survival observed in pivotal Phase 3 Trial of Cylembio plus KEYTRUDA for the treatment of first-line advanced melanoma.

The company ended the second quarter with approximately $28.1 million in cash and cash equivalents.

Corporate presentations are planned for upcoming healthcare and investment conferences.

Clinical Milestone

Clinical improvement observed in Phase 3 trial for Cylembio in advanced melanoma.

Financial Position

Ended Q2 with $28.1 million in cash, and additional funding secured for operations into Q1 2026.

Business Highlights

Presented at global healthcare conference and outlined plans for regulatory interactions.

  • IO Biotech saw clinical improvement in pivotal trial results.
  • Financially stable with cash on hand and additional funding.
  • Increasing visibility through participation in investor conferences.

IO Biotech's focus on innovative cancer therapies and strategic presentations position them for future growth in the biopharmaceutical industry.