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Why MacroGenics Stock Is Tanking Today

Why MacroGenics Stock Is Tanking Today
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MacroGenics Announces Preliminary Clinical Results from Phase 1 Study of MGC018 to be Presented at ASCO Annual Meeting


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Cohort expansion in mCRPC: 11/22 (50%) patients have
≥ 50% PSA reduction; anti-tumor activity observed in four of seven patients evaluated (including one unconfirmed partial response)
Conference call and webcast with external guest presenters on Friday, June 4, 2021 at 4:30 P.M. ET
ROCKVILLE, MD, May 19, 2021 (GLOBE NEWSWIRE)
MacroGenics, Inc. (NASDAQ:MGNX), a biopharmaceutical company focused on developing and commercializing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced preliminary safety and anti-tumor activity data from the Company s ongoing Phase 1 clinical trial of MGC018. This investigational antibody-drug conjugate (ADC) was designed to deliver a DNA alkylating duocarmycin payload to both dividing and non-dividing cells in a B7-H3-dependent manner. The dataset will be presented in a poster titled ....

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MacroGenics (MGNX) Q1 2021 Earnings Call Transcript


MacroGenics (MGNX) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
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MacroGenics (NASDAQ: MGNX)
Good afternoon, we will begin the MacroGenics 2021 first-quarter corporate progress and financial results conference call in just a moment. All participants are in listen-only mode at the moment, and we will conduct a question-and-answer session at the conclusion of the call. At this point, I will turn the call over to Jim Karrels, senior vice president, chief financial officer of MacroGenics.
Jim Karrels
Senior Vice President, Chief Financial Officer, and Treasurer
Thank you, operator. Good afternoon and welcome to MacroGenics ss conference call to discuss our first-quarter 2021 financial and operational results. For anyone who has not had the chance to review these results, we issued a press release this afternoon, outlining today s announcements, which is availa ....

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