Name | Value |
---|---|
Revenues | 10.7M |
Cost of Revenue | 0.4M |
Gross Profit | 10.3M |
Operating Expense | 31.2M |
Operating I/L | -20.9M |
Other Income/Expense | 1.4M |
Interest Income | 2.9M |
Pretax | -19.5M |
Income Tax Expense | 5.7M |
Net Income/Loss | -19.5M |
Mersana Therapeutics, Inc. is a clinical stage biopharmaceutical company specializing in the development of antibody drug conjugates (ADC) for cancer treatment. Their lead product, XMT-1592, is a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, currently in phase I clinical trials for ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate, and XMT-2056, an immunosynthen development candidate. Mersana has strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer technology.