other material
confidence high
sentiment positive
materiality 0.55
Xencor: $707M cash; XmAb541 selectivity; plamotamab B-cell depletion; XmAb808 dose escalation; vudalimab enrollment done
Xencor Inc
- Preliminary cash & marketable securities ~$707M at Dec 31, 2024, up from $697M in 2023; expected to fund ops into 2028.
- New preclinical data shows XmAb541 (CLDN6 x CD3) selective binding to CLDN6 over CLDN9.
- Plamotamab (CD20 x CD3) Phase 1 data shows deep peripheral B-cell depletion in lymphoma patients.
- XmAb808 (B7-H3 x CD28) has resumed dose escalation in clinical study.
- Enrollment completed in three ongoing vudalimab (PD-1 x CTLA-4) studies.