earnings
confidence high
sentiment positive
materiality 0.75
CytomX Q1 revenue $41.5M, up 77% YoY; positive early CX-904 data
CytomX Therapeutics, Inc.
- Q1 revenue $41.5M vs $23.5M YoY; cash $150.3M at Mar 31, 2024.
- CX-904 (EGFRxCD3) shows favorable safety; 2 of 6 pancreatic patients with confirmed partial responses.
- CX-2051 (EpCAM ADC) first patient dosed Apr 2024; first dose cohort cleared; initial data H1 2025.
- CX-801 (IFNα2b) to start Phase 1 in Q2 2024; collaboration with Merck for KEYTRUDA combo.
- Achieved $10M in Astellas milestones for two T-cell engager programs; Dr. Zhen Su appointed to board.