earnings
confidence high
sentiment neutral
materiality 0.65
CytomX Q2 2024 cash $137.2M; revenue $25.1M; CX-904 update expected by year-end
CytomX Therapeutics, Inc.
- Cash, equivalents and investments $137.2M at June 30, 2024, down from $150.3M at March 31, 2024.
- Total revenue $25.1M in Q2 2024, up from $24.7M in Q2 2023; R&D expense $25.2M incl. $5M milestone to AbbVie.
- CX-904 (EGFRxCD3) Phase 1a enrollment continues in PDAC, NSCLC, HNSCC; program update expected by end of 2024.
- CX-2051 (EpCAM ADC) Phase 1 dose escalation in third cohort; initial data expected in first half of 2025.
- CX-801 (IFNα2b cytokine) first clinical site active; initial data expected in 2025; $10M Astellas milestones achieved YTD.