Financial PerformanceCytomX reported its 3Q24 financials, recording a net profit of $0.07 per share for the period vs. prior estimate of net loss of $0.09 per share.
PartnershipsDiscovery-stage research collaborations with major pharmaceutical companies like Amgen, Astellas, Bristol-Myers Squibb, Moderna, and Regeneron remain ongoing.
Pipeline DevelopmentCX-801 Phase 1 trial starts patient dosing and is designed to evaluate safety and signs of clinical activity as monotherapy and in combination with Merck & Co.'s marketed anti-PD-1 therapy KEYTRUDA (pembrolizumab).