Molecular Templates, Inc. (MTEM)

USD 0.35

(-4.96%)

Market Cap (In USD)

2.32 Million

Revenue (In USD)

57.3 Million

Net Income (In USD)

-8.12 Million

Avg. Volume

27.43 Thousand

Currency
USD
Country
Healthcare
Open
-
Prev. Close
-
Day Range
-
Year Range
0.3-4.12
PE
-
EPS
-
Beta Value
1.219
ISIN
US6085502085
CUSIP
608550109
CIK
1183765
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Healthcare
Industry
Biotechnology
CEO
Dr. Eric E. Poma Ph.D.
Employee Count
-
Website
https://www.mtem.com
Ipo Date
2005-02-04
Details
Molecular Templates, Inc., a clinical stage biopharmaceutical company, focuses on the discovery and development of biologic therapeutics for the treatment of cancer and other serious diseases. The company primarily develops a pipeline of therapies through its proprietary biologic engineered toxin body (ETB) drug platform. The company is developing MT-5111, an ETB candidate that is in Phase I clinical trial for the treatment of HER2-positive cancers; MT-0169, which is in Phase I clinical trial to treat relapsed/refractory myeloma patients; and MT-6402 in that is in Phase I clinical trial for PD-1/PD-L1 antibody relapsed/refractory patients. Its pipeline of ETBs in development for other targets, including CTLA-4, TIGIT, TROP2, BCMA, SLAMF-7, and CD45. The company has a collaboration agreement with Bristol Myers Squibb to discover and develop novel products containing ETBs directed to multiple targets. Molecular Templates, Inc. was founded in 2001 and is headquartered in Austin, Texas.