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0.407368421052632 0.407368421052632 0.315789473684211 0.309473684210526 0.342105263157895 0.365789473684211 0.35 0.348947368421053
Stock impact report

CytomX teams up with Amgen to develop EGFR-targeting antibodies for cancer [Seeking Alpha]

CytomX Therapeutics, Inc. (CTMX) 
Last cytomx therapeutics, inc. earnings: 11/7 04:09 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cytomx.com
Company Research Source: Seeking Alpha
CytomX teams up with Amgen to develop EGFR-targeting antibodies for cancerCytomX Therapeutics (NASDAQ:CTMX) inks astrategic collaboration with Amgen (NASDAQ:AMGN) to co-develop a CytomX Probody T-cell engaging bispecific against the well-validated cancer target Epidermal Growth Factor Receptor (EGFR).Probody T-cell engaging bispecifics are antibody constructs that the company says are capable of directing cytotoxic T cells in tumor microenvironments. In preclinical studies, CytomX's Probody versions of EGFRxCD3 bispecific therapeutics induced tumor regressions and increased the therapeutic window for the target.Under the terms of the partnership, the companies will co-develop a Probody T-cell engaging bispecific against EGFRxCD3. CytomX will lead early development with Amgen taking over later development and commercialization. Global late-stage development costs will be shared. Amgen will pay $40M upfront and purchase $20M of CTMX common stock. CytomX will be eligible for up to $455M Show less Read more
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