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Innate Pharma beats EPS estimates and secures $75M deal with Sobi, boosting cash runway to 2028

Company Fundamentals
18 Sep 2026
Andrew Wynn
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Bullish
Innate Pharma beats EPS estimates and secures $75M deal with Sobi, boosting cash runway to 2028

Innate Pharma reported an EPS of -$0.24, beating analyst estimates of -$0.29, and revenue of $6.5 million, slightly above expectations. The company secured a strategic partnership with Sobi for its drug lacutamab, receiving a $75 million upfront payment. This deal strengthens Innate Pharma's financial position, extending its cash runway through Q1 2028 despite a current ratio of 0.60, which indicates liquidity challenges. The partnership and improved financials support ongoing research and development in this clinical-stage biotech firm focused on cancer therapies.

Innate Pharma's recent financial update comes alongside a health sector breadth of 92 US stocks on Pluang, with 39 rising and 42 falling as of Sep 18, 2026 18:41 WIB. For readers following health stocks, notable movers include ADMA Biologics Inc at USD 9.15 with a 2.23% increase and 100% buy order activity, Citius Pharmaceuticals Inc at USD 0.60 with a 2.06% rise but 100% sell order activity, and Ginkgo Bioworks Holdings Inc at USD 7.98 up 1.79% with full buy order activity. This snapshot provides a market context for the sector on Pluang at the given time.

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