Intensity Therapeutics, Inc.
Intensity Therapeutics, Inc. is a clinical stage biotechnology company passionately committed to applying scientific leadership in the field of localized cancer reduction leading to anti-cancer immune activation. Our new approach involves the direct injection into tumors of a unique product created from our DfuseRx℠ discovery platform.
Our lead product candidate, INT230-6, consists of two proven anti-cancer cytotoxic agents, cisplatin and vinblastine sulfate, mixed with the amphiphilic molecule (SHAO) — all in one vial. Cisplatin was first approved in 1978 for testicular cancer. Per the product labeling, cisplatin’s approved indications include treatment of testicular, ovarian and bladder cancer. The drug is also used widely in several other cancers, including pancreatic and bile duct cancer. Vinblastine sulfate was first approved in 1965. Per the product labeling, vinblastine sulfate’s approved indications include treatment of generalized Hodgkin’s disease, lymphocytic lymphoma, advanced carcinoma of the testis, and Kaposi’s sarcoma. The drug is also used in breast and lung cancer. In 2017, we initiated a Phase 1/2 dose escalation study using INT230-6 in the United States under an investigational new drug application (“IND”) authorized by the FDA and in Canada following receipt of a no objection letter from Health Canada. The study, IT-01, is exploring the safety and efficacy of INT230-6 in patients with refractory or metastatic cancers. We completed the Phase 1 dose escalation portion of this study.
We are currently conducting the Phase 2 portion of the trial, which consists of several different expansion cohorts. Four of the cohorts combine our product candidate with Merck’s Keytruda® (pembrolizumab) and 3 arms combine our drug candidate with Bristol-Myers Squibb’s drug Yervoy® (ipilimumab). We are also evaluating INT230-6 in a Phase 2 study (the INVINCIBLE study) in Canada as a treatment before surgery in early stage breast cancer.
Between the metastatic study IT-01 and the INVINCIBLE study, we have treated over 115 patients as of Sept. 30, 2021.
(Note: Intensity Therapeutics was expected to price its IPO sometime during the week of Dec. 6, 2021, but the pricing has not yet taken place. Intensity Therapeutics, Inc. revamped its IPO in an S-1/A filing on Wednesday afternoon, Dec. 8, 2021, by increasing the number of shares to 2.14 million, up from 1.5 million, and cutting the price range to $6 to $8 – down from $9 to $11. The estimated IPO proceeds are now about $14.98 million, nearly the same as expected under the previous terms.)
|Address||61 Wilton Road, 3rd Floor Westport, CT 06880|
|Phone Number||(203) 221-7381|
|View Prospectus:||Intensity Therapeutics, Inc.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$-7.13 mil (last 12 months)|
|Price range||$6.00 - $8.00|
|Est. $ Volume||$15.0 mil|
|Manager / Joint Managers||A.G.P. (Alliance Global Partners)|
|CO-Managers||Brookline Capital Markets|
|Expected To Trade:||12/6/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|