earnings
confidence high
sentiment positive
materiality 0.65
Marker Therapeutics Q3 net loss narrows to $6.9M; FDA grant awarded for AML trial
Marker Therapeutics, Inc.
2022-Q3 EPS reported
-$0.31
revenue$5,704,401
- Net loss of $6.9M in Q3 2022, compared to $12.4M loss in Q3 2021.
- Cash and equivalents $18.1M as of Sept 30, 2022; grant income $1.0M, related party service revenue $2.95M.
- Awarded $2M FDA Orphan Products Grant to support Phase 2 ARTEMIS trial of MT-401 in post-transplant AML.
- All six patients in Cohorts 4/5 treated with new manufacturing process; no DLTs; efficacy data expected by year-end.
- FDA cleared IND for Phase 1 MT-601 in relapsed/refractory non-Hodgkin lymphoma; first patient expected Q1 2023.