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CytomX and Regeneron expand collaboration; CytomX to receive $37M in target nomination payments
Amendment No. 4 adds up to eight new collaboration programs; Regeneron nominates first two.
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CytomX Q1 rev $10.3M; cash $346.7M; Varseta-M dose optimization enrollment complete (40 pts)
Q1 revenue $10.3M vs $50.9M YoY; decrease driven by completion of BMS and Amgen collaborations.
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CytomX closes public offering of ~47M shares/warrants, net proceeds ~$234.4M for pipeline
Sold 45,990,567 shares at $5.30 and pre-funded warrants for 1,179,245 shares at $5.29999 each.
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CytomX reports 2025 revenue $76.2M, down 45% YoY; cash $137.1M; Astellas collaboration ends
Revenue $76.2M (down from $138.1M in 2024) on completion of BMS collaboration and lower collaboration milestones.
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CytomX Q3 2025 revenue $6.0M (down 82% YoY); cash $143.6M; pipeline on track for key milestones
Total revenue $6.0M in Q3 2025 vs $33.4M in Q3 2024; cash, equivalents and investments $143.6M, runway to Q2 2027.
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CytomX reports Grade 5 adverse event in CX-2051 Phase 1 trial; FDA notified, study continues
Single Grade 5 acute kidney injury occurred in patient with solitary kidney; event believed secondary to nausea, vomiting, diarrhea.
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CytomX Q2 2025 cash $158.1M; positive CX-2051 Phase 1 data; $100M offering closed
Revenue $18.7M in Q2 2025 vs $25.1M in Q2 2024; operating expenses fell to $19.9M from $33.6M.
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CytomX stockholders approve amended equity plan adding 4.38M shares; three directors elected
Stockholders elected three Class I directors: Sean McCarthy (16.4M for), Mani Mohindru (19.7M for), Zhen Su (19.7M for), terms until 2028.
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CytomX nets $93.4M in underwritten common stock offering; 76.9M shares at $1.30
Sold 76,923,076 shares of common stock at $1.30/share, generating ~$93.4M in net proceeds after underwriting discounts and expenses.
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CytomX Q1 revenue $50.9M; CX-2051 Phase 1 shows 28% ORR in advanced CRC
Q1 revenue $50.9M (up from $41.5M); operating expense $28.3M; cash $79.9M.
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CytomX Therapeutics 2024 revenue $138.1M (up 36% YoY); CX-2051 data expected 1H 2025; headcount cut 40%
Revenue $138.1M for FY2024 vs $101.2M in FY2023 (+36%); cash and investments $100.6M vs $174.5M at year-end.
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CytomX receives Nasdaq delisting notice for bid price non-compliance
Nasdaq notified CytomX on Feb 24, 2025 that common stock bid price stayed below $1.00 for 30 consecutive business days through Feb 21, 2025.
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CytomX to cut ~40% of workforce, focus on CX-2051, extend cash runway
Workforce reduction of ~40%, primarily affecting G&A and non-partnered research staff, substantially complete in Q1 2025.
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CytomX Q2 2024 cash $137.2M; revenue $25.1M; CX-904 update expected by year-end
Cash, equivalents and investments $137.2M at June 30, 2024, down from $150.3M at March 31, 2024.
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CytomX Therapeutics appoints Chris Ogden as CFO effective June 15, 2024
Chris Ogden promoted from SVP Finance & Accounting to CFO, effective June 15, 2024.
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CytomX Q1 revenue $41.5M, up 77% YoY; positive early CX-904 data
Q1 revenue $41.5M vs $23.5M YoY; cash $150.3M at Mar 31, 2024.
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CytomX reports positive Phase 1a data for CX-904: no CRS, 33% response rate in pancreatic cancer
CX-904 demonstrated favorable safety: no CRS of any grade in step-dosing; no Grade >1 CRS overall.
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CytomX FY2023 revenue $101.2M, operating expenses down 30%; BMS discontinues 986288, CX-904 data H2 2024
FY2023 revenue $101.2M (up from $53.2M in 2022); operating expenses $107.7M (down from $154.5M).