other material
confidence high
sentiment positive
materiality 0.85
Compass Therapeutics reports tovecimig Phase 2/3 BTC data with significant PFS benefit; BLA planned
Compass Therapeutics, Inc.
- Tovecimig + paclitaxel: ORR 17.1% vs 5.3% (p=0.031); PFS 4.7 vs 2.6 months (HR=0.44, p<0.0001); OS crossover benefit.
- Company plans FDA meeting then BLA submission for tovecimig in second-line BTC by end of 2026.
- CTX-8371 cohort expansions in TNBC, NSCLC, HL initiated; dose-escalation data at ASCO 2026 poster.
- CTX-10726 Phase 1 study initiated; initial clinical data expected in Q4 2026.
- Cash and marketable securities $195M at Q1 2026; net loss $18.3M ($0.10/share); cash runway into 2028.