Trillium Therapeutics Reports First Quarter 2021 Operating and Financial Results
May 07, 2021 07:00 ET | Source: Trillium Therapeutics Inc. Trillium Therapeutics Inc.
CAMBRIDGE, Mass., May 07, 2021 (GLOBE NEWSWIRE)
Trillium Therapeutics Inc. (NASDAQ/TSX: TRIL), a clinical stage immuno-oncology company developing innovative therapies for the treatment of cancer, today reported financial and operating results for the three months ended March 31, 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated.
“Coming off an R&D Day last week, we are very excited to have launched a new chapter in Trillium’s evolution,” said Jan Skvarka, Trillium’s President and CEO. “Building on a robust foundation anchored in a demonstrated monotherapy proof of concept of TTI-622 and TTI-621 in multiple lymphoma indications, we have initiated an ambitious Phase 1b/2 program in nine patient settings across hematolog
Trillium Therapeutics Reports First Quarter 2021 Operating and Financial Results
Trillium Therapeutics Inc. a clinical stage immuno-oncology company developing innovative therapies for the treatment of cancer, today reported financial and operating results for the three months ended March 31, 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated. “Coming off an R&D Day last week, we are very excited to have launched a new chapter in Trillium’s …
Trillium Therapeutics Inc. (NASDAQTSX: TRIL), a clinical stage immuno-oncology company developing innovative therapies for the treatment of cancer, today reported financial and operating results for the three months ended March 31, 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated.
Trillium Therapeutics is up against some stiff competition to become a leader in the new class of drugs called CD47, which turn off the “don’t eat me” signal transmitted by cancer cells, but CEO Jan Skvarka believes his biotech’s data will stand for themselves.
Innovative Diagnostic Methods Remains Vital in the Fight Against Cancer
FinancialBuzz.com News Commentary
NEW YORK, April 9, 2021 /PRNewswire/ The cancer treatment market is one of the biggest segments of the biotechnology industry. According to the National Cancer Institute, roughly 1.8 million people were diagnosed with cancer in the United States in 2020. Overall, lung and bronchus cancer is the second most common cancer diagnosis with an estimated 228,820 new cases. Prostate cancer is the leading cancer diagnosis among men and the third most common diagnosis overall with 191,930 expected cases. However, the increase in competition and continuous technological advancements has led to improvements in the product portfolios of biotech firms in the field. Therefore, product approvals and product development are one of the key developmental strategies adopted by market players in the global cancer therapeutics market. And, according to a report by Mordor Intelligence, the breast c
Trillium
Therapeutics (NASDAQ:TRIL) climbed 1,330% last year, but unlike most of its soaring biotech stock peers, its business has nothing to do with fighting the SARS-CoV-2 coronavirus. It s an oncology specialist. And another banner year for investors could be coming in 2021 as the company gets more data from its cancer-fighting candidates and works toward a long-term goal of replacing a common method to treat the disease.
Image source: Getty Images
In a league of its own
Human cells have a certain protein on their surface that signals to the immune system not to attack them. Nearly all cancers boost this protein, called CD47, to protect themselves and avoid detection. In March,