Name | Value |
---|---|
Revenues | 1.5M |
Cost of Revenue | 0.8M |
Gross Profit | 0.8M |
Operating Expense | 42.8M |
Operating I/L | -41.2M |
Other Income/Expense | 3.0M |
Interest Income | 3.0M |
Pretax | -38.3M |
Income Tax Expense | -3.0M |
Net Income/Loss | -38.3M |
Celldex Therapeutics, Inc. is a biopharmaceutical company specializing in the development of therapeutic monoclonal and bispecific antibodies for the treatment of inflammatory diseases and various forms of cancer. The company's drug candidates, including CDX-0159, CDX-1140, and CDX-527, target receptor tyrosine kinase KIT, CD40, and the PD-L1/PD-1 pathway, respectively, to activate immune responses and inhibit tumor growth. Celldex generates revenue through the clinical development and potential commercialization of these antibody-based therapeutics, as well as through research collaborations and license agreements with institutions and companies such as University of Southampton, Amgen Inc., and Yale University.