earnings
confidence high
sentiment positive
materiality 0.80
Aptevo FY2025 net loss $26M, cash $21.6M; mipletamig 86% CBR in AML; CEO transition
Aptevo Therapeutics Inc.
- Mipletamig triplet in 28 frontline AML patients: 86% CBR, 79% CR/CRi, no CRS observed.
- Expanded CD3 pipeline with three new candidates including first trispecific assets.
- Established $60M equity line with Yorkville; supports operations potentially into 2029.
- Cash $21.6M at Dec 31, 2025 (up from $8.7M); net loss $26.0M vs $24.1M in 2024.
- CEO Marvin White becomes Executive Chair; Jeff Lamothe named President and CEO.