$Macrogenics (MGNX.US)$Financial Performance: 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...
$Macrogenics (MGNX.US)$Any that are interested! I advise reading Doc 2 in that new 8K! Could be a very interesting upcoming catalyst before EOY! Hehehe
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Report
Trytosaveabit
OP
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Here a bit of a hint! Hehehe (((. Cash Position: Cash, cash equivalents and marketable securities balance as of September 30, 2024, was $200.4 million, compared to $229.8 million as of December 31, 2023. The September 30, 2024, balance did not include the $40.0 million upfront payment anticipated from the closing of the MARGENZA transaction.
$Macrogenics (MGNX.US)$ 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
$Macrogenics (MGNX.US)$ 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...
$Macrogenics (MGNX.US)$ 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...
$Macrogenics (MGNX.US)$ 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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Lnova :
Lnova : good job $Macrogenics (MGNX.US)$
Trytosaveabit OP Lnova : Plus expected to receive another 40 million payment before EOY
Lnova Trytosaveabit OP : wow watching
Lnova : The turnover looks 4x the volume. It is shorted ?
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