Earnings PerformanceCheckpoint announced 3Q24 results, posting an EPS of ($0.23) compared to the consensus estimate of ($0.15).
Financial ChallengesThere is less than a 5% likelihood that the company will raise the capital required to commercialize UNLOXCYT itself.
Resource AllocationIndependent commercialization of cosibelimab may provide ideal economics for Checkpoint, but manufacturing, marketing, and sales of cosibelimab would require significant commitment of resources that has yet to emerge.