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Stock impact report

Neutral On Corbus Pharmaceuticals' Financials And Clinical Progress In Oncology [Seeking Alpha]

Corbus Pharmaceuticals Holdings, Inc. (CRBP) 
Last corbus pharmaceuticals holdings, inc. earnings: 3/12 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: corbuspharma.com
Company Research Source: Seeking Alpha
The company is running low on funds and has filed with the SEC to raise up to $300 million, which may cause dilution for investors. Early clinical results for CRB-701 are promising. Its good safety profile and efficacy hint at a significant potential market impact. While the underlying research is exciting, the stock is a "hold" until more tangible clinical trial data is available due to the low odds of FDA approval in oncology. Corbus Pharmaceuticals Holdings, Inc. NASDAQ: CRBP ) is a biotech stock for investors seeking to gain oncology exposure. Their flagship research project is CRB-701, a Phase 1 drug that targets Nectin-4-positive solid tumors. CRBP also has other research projects that could be lucrative, but all of them are still in their stages and largely unproven. From a financial perspective, CRBP is running low on funds, with less than a year of cash runway. However, the company recently filed with the SEC to raise up to $300.0 million in additional funds. This wi Show less Read more
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