earnings
confidence high
sentiment neutral
materiality 0.70
Marker Therapeutics FY2024 net loss $10.7M; MT-601 78% response rate in lymphoma
Marker Therapeutics, Inc.
2025-Q1 EPS reported
-$0.40
revenue$349,104
- Net loss of $10.7M for FY2024 vs $8.2M in FY2023; R&D expense $13.5M, G&A $4.2M.
- Cash and equivalents $19.2M at Dec 31, 2024; funds operations into Q1 2026 without additional grants.
- Phase 1 APOLLO study: MT-601 (neldaleucel) achieved 78% objective response rate (7/9) with 44.4% complete responses; well-tolerated.
- Secured $13M+ in non-dilutive funding from CPRIT ($9.5M) and NIH SBIR ($2M) for pancreatic and lymphoma programs.
- December 2024 private placement raised $16.1M from new and existing investors including Blue Owl, NEA, Aisling Capital.