earnings
confidence high
sentiment positive
materiality 0.65
Marker Therapeutics reports Q3 net loss $3.0M; complete response in first MT-601 lymphoma patient
Marker Therapeutics, Inc.
2023-Q3 EPS reported
-$0.62
revenue$2,254,601
- Net loss of $3.0M for Q3 2023 vs $6.9M in Q3 2022; R&D expenses down to $2.0M from $3.6M.
- First lymphoma patient treated with MT-601 in Phase 1 APOLLO trial achieved complete metabolic response after failing CAR T therapy.
- MT-401 (zedenoleucel) received Orphan Drug Designation from EMA for AML; clinical trial for MT-401 off-the-shelf expected in 2024.
- Cash and cash equivalents of $17.5M as of September 30, 2023.