Name | Value |
---|---|
Revenues | 40.0M |
Cost of Revenue | 0.0M |
Gross Profit | 40.0M |
Operating Expense | 11.1M |
Operating I/L | 19.8M |
Other Income/Expense | 0.7M |
Interest Income | 0.0M |
Pretax | 20.5M |
Income Tax Expense | -0.7M |
Net Income/Loss | 20.5M |
Sesen Bio, Inc. is a late-stage clinical company specializing in the development and commercialization of targeted fusion protein therapeutics (TFPTs) for cancer treatment. Its lead product, Vicineum, is in Phase III clinical trials for BCG-unresponsive non-muscle invasive bladder cancer, carcinoma in situ of the bladder, and squamous cell carcinoma of the head and neck. Additionally, the company is developing VB6-845d for anti-epithelial cell adhesion molecule-positive solid tumors. Sesen Bio, Inc. also has a co-development agreement for an imaging agent with Leiden University Medical Center.