tiprankstipranks

NuCana Reports 2024 Financial Results and Advances Cancer Treatment Programs

Story Highlights
NuCana Reports 2024 Financial Results and Advances Cancer Treatment Programs

Nucana ( (NCNA) ) has shared an update.

NuCana announced its financial results for the year ending December 31, 2024, and provided updates on its clinical programs. The company shared promising data from its lead anti-cancer medicines, NUC-7738 and NUC-3373, highlighting significant tumor reductions and prolonged progression-free survival in patients with melanoma and advanced solid tumors. NuCana plans to expand its study of NUC-7738 in 2025 and engage with the FDA for regulatory guidance. Despite a reduction in cash reserves, NuCana’s financial position remains stable, with sufficient funds to support operations into Q3 2025.

More about Nucana

NuCana is a clinical-stage biopharmaceutical company focused on improving cancer treatment outcomes by utilizing ProTide technology to enhance the effectiveness and safety of chemotherapy agents. Their pipeline includes NUC-3373 and NUC-7738, which are being evaluated for their potential to overcome the limitations of conventional nucleoside analogs.

YTD Price Performance: -31.94%

Average Trading Volume: 112,237

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.38M

Learn more about NCNA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App