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Mersana Therapeutics inc   (MRSN)
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Price: $2.1100 $0.34 19.209%
Day's High: $2.11 Week Perf: 40.67 %
Day's Low: $ 1.74 30 Day Perf: 71.54 %
Volume (M): 2,176 52 Wk High: $ 6.28
Volume (M$): $ 4,591 52 Wk Avg: $2.51
Open: $1.81 52 Wk Low: $1.07



 Market Capitalization (Millions $) 258
 Shares Outstanding (Millions) 122
 Employees -
 Revenues (TTM) (Millions $) 30
 Net Income (TTM) (Millions $) -105
 Cash Flow (TTM) (Millions $) -70
 Capital Exp. (TTM) (Millions $) 1

Mersana Therapeutics Inc
Mersana Therapeutics Inc. is a clinical-stage biopharmaceutical company focused on developing antibody-drug conjugates (ADCs) for the treatment of various types of cancer. Based in Cambridge, Massachusetts, the company's platform technology, called Dolaflexin, uses a proprietary linker and payloads to create targeted therapies that selectively deliver potent anticancer agents to tumors.

Mersana's lead product candidate, XMT-1536, is being developed to address a range of tumor types that express the NaPi2b protein, including ovarian cancer, lung cancer, and cancers of the fallopian tube and peritoneum. XMT-1536 has shown promising results in early-stage clinical trials and has received Fast Track designation from the U.S. Food and Drug Administration.

The company has also established partnerships with pharmaceutical companies, including Takeda and Merck, to collaborate on the development and commercialization of ADC therapies. Mersana Therapeutics aims to transform the treatment landscape for cancer patients by harnessing the potential of ADC technology to deliver targeted and more effective therapies.


   Company Address: 840 Memorial Drive Cambridge 2139 MA
   Company Phone Number: 498-0020   Stock Exchange / Ticker: NASDAQ MRSN


   

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Mersana Therapeutics Inc

Mersana Therapeutics Inc Reports Revenue Growth Despite Continued Losses in Q1 2024

Mersana Therapeutics Inc is a clinical-stage biopharmaceutical company located in Cambridge, Massachusetts, that is dedicated to discovering and developing innovative antibody-drug conjugates (ADCs) for the treatment of various types of cancers. With a strong commitment to advancing cancer research and addressing areas of high unmet medical need, Mersana Therapeutics has made significant strides in the field of oncology.
In the financial reporting period from January to March 31, 2024, Mersana Therapeutics reported a net loss of $0.16 per share, an improvement from the loss of $0.52 per share in the same period a year prior. This improvement can be attributed to the company's revenue growth, which increased by 18.495% to $9.25 million compared to $7.80 million in the previous year. Despite a sequential decline in revenue by -13.606% from $10.70 million, Mersana Therapeutics exceeded its sector peers in revenue growth.

Clinical Study

Mersana Therapeutics Enhances Cancer Research Efforts Through Inducement Grant to New Employee

Published Fri, May 3 2024 8:31 PM UTC

Mersana Therapeutics Grants Inducement Award to New Employee, Reflecting the Company's Commitment towards Cancer ResearchCAMBRIDGE, Mass., May 03, 2024 - Mersana Therapeutics, a renowned clinical-stage biopharmaceutical company specializing in the development of antibody-drug conjugates (ADCs) targeting cancer, announced the granting of an inducement award to a new employee....

Mersana Therapeutics Inc

Mersana Therapeutics Inc Shows Strong Improvement in Loss Per Share Amid Decline in Revenue

Mersana Therapeutics, Inc., a clinical-stage biopharmaceutical company based in Cambridge, Massachusetts, has recently released its financial results for the fiscal period ending December 31, 2023. The company reported a significant decrease in loss per share, demonstrating a strong improvement from the prior year. MRSN decreased its loss per share to $-0.14 compared to $-0.35 a year ago, and EPS also improved from $-0.35 per share in the prior reporting period.
However, despite the positive developments in per-share metrics, Mersana Therapeutics saw a decline in revenue for the corresponding reporting period, with a decrease of -27.145% to $10.70 million from $14.69 million in the previous year. Sequentially, revenue surged by 39.01% from $7.70 million.

Clinical Study

Mersana Therapeutics Surges Ahead with Exciting Business Updates, 2024 Milestones, and Participation in Prestigious Healthcare Conference

Published Fri, Jan 5 2024 1:01 PM UTC

Mersana Therapeutics, a renowned clinical-stage biopharmaceutical company, recently released some crucial business updates along with their anticipated milestones for the year 2024. Additionally, the company has announced its participation in the upcoming 42nd Annual J.P. Morgan Healthcare Conference, where they will be presenting their latest advancements in the field of an...

Stock Market Announcement

Mersana Therapeutics, a Cambridge-based biopharmaceutical company, has recently announced the granting of an inducement award to a new employee The award consists of a restricted stock unit (RSU) award, allowing the acquisition of 12,205 shares of the company's common stock This move is in line with Nasdaq Listing Rule 5635(c)(4) and aims to attract and incentivize talented individuals into joining Mersana's workforce

Published Fri, Dec 1 2023 9:30 PM UTC

Mersana Therapeutics, a Cambridge-based biopharmaceutical company, has recently announced the granting of an inducement award to a new employee. The award consists of a restricted stock unit (RSU) award, allowing the acquisition of 12,205 shares of the company's common stock. This move is in line with Nasdaq Listing Rule 5635(c)(4) and aims to attract and incentivize talente...







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