Whitehawk Therapeutics reports Q3 net loss of $17.7 million
Whitehawk Therapeutics Inc. reported a net loss of $17.7 million for the third quarter ended September 30, 2025, compared to a net loss of $12.5 million for the same period in 2024. Cash, cash equivalents, and short-term investments totaled $162.6 million as of September 30, 2025, up from $47.2 million at the end of 2024. The company stated that its current cash position is expected to fund operations into 2028. During the quarter, Whitehawk continued preparations for IND filings of HWK-007 and HWK-016 by the end of 2025, and plans an IND filing for HWK-206 by mid-2026. The company also presented data at the AACR-NCI-EORTC conference confirming PTK7 as a highly expressed tumor marker, supporting its ADC development strategy.
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