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US Stock MarketDetailed Quotes
MGNX Macrogenics
- 2.050
- -0.130-5.96%
Close Mar 18 16:00 ET
128.67MMarket Cap-1.31P/E (TTM)
2.200High2.040Low452.53KVolume2.190Open2.180Pre Close936.20KTurnover0.87%Turnover RatioLossP/E (Static)62.76MShares19.54152wk High1.07P/B106.63MFloat Cap2.04052wk Low--Dividend TTM52.01MShs Float41.000Historical High--Div YieldTTM7.34%Amplitude2.040Historical Low2.068Avg Price1Lot Size
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Macrogenics Stock Forum
MacroGenics reported a significant increase in Q2 2024 revenue of $110.7 million, compared to $10.4 million in the same quarter the previous year.
Net income for the quarter was $56.3 million, significantly higher than the $17.6 million recorded in Q3 2023.
The financial improvements were largely due to a $100 million milestone payment from Incyte, a...
MacroGenics Q3 Net Income USD 56.3 Million Vs. IBES Estimate USD 11.2 Million
Positive
▪️Revenue increased significantly to $110.7M from $10.4M YoY
▪️Net income grew to $56.3M from $17.6M YoY
▪️Strong cash position of $200.4M
▪️Secured $100M milestone payment from Incyte
▪️Pending MARGENZA sale for $40M upfront plus up to $35M in milestones
Negative
▪️R&D expenses increased to $40.5M from $30.1M YoY
▪️SG&A expenses rose to $14.1M from $12.4M YoY
▪️Paused development efforts in alternative tumor types for vobra duo
22/10/2024 - 19:30
ROCKVILLE, Md. & DEERFIELD, Ill.--(BUSINESS WIRE)-- MacroGenics, Inc. (NASDAQ: MGNX), a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing innovative antibody-based therapeutics for the treatment of cancer, and TerSera Therapeutics LLC, a privately-held biopharmaceutical company with a focus in oncology and non-opioid pain ma...
MacroGenics Announces Updated Efficacy & Safety Data from TAMARACK Phase 2 Study of Vobra Duo in mCRPC Patients at ESMO Congress 2024
MacroGenics (NASDAQ: MGNX) presented updated efficacy and safety results from the TAMARACK Phase 2 study of vobramitamab duocarmazine(vobra duo) for metastatic castration-resistant prostate cancer (mCRPC) at the ESMO Congress 2024.
Key findings include:
▪️6-month radiographic progression-free survival (rPFS) rate: 69% for 2.0 mg...
MacroGenics Announces TAMARACK Phase 2 Data Presentation at ESMO Congress 2024
MacroGenics (NASDAQ: MGNX) announced a poster presentation of Phase 2 data for vobramitamab duocarmazine in metastatic castration-resistant prostate cancer (mCRPC) at the ESMO Congress 2024. The TAMARACK trial results will be presented on September 15, 2024, featuring updated safety and efficacy data, including the primary endpoint of 6-month radiographic progression-free survival (rPFS).
Th...
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