Mar 31, 2021

Checkpoint Therapeutics Q1 2021 Earnings Report

Reported financial results for the first quarter ended March 31, 2021.

Key Takeaways

Checkpoint Therapeutics reported its Q1 2021 financial results, highlighting the advancement of its lead drug candidates and an enhanced cash position. Enrollment in the registration-enabling study for cosibelimab in mCSCC is nearly complete, with top-line results expected by year-end. Neupharma Inc. is continuing enrollment in a Phase 3 study for olafertinib (CK-101) in NSCLC.

Advanced the development of two lead drug candidates.

Enhanced cash position.

Enrollment in registration-enabling study for cosibelimab in mCSCC is nearly complete.

Study remains on track to report top-line results by year-end.

Total Revenue
$68K
Previous year: $972K
-93.0%
EPS
-$0.9
Previous year: -$0.6
+50.0%
Cash and Equivalents
$60M
Total Assets
$61.4M

Checkpoint Therapeutics

Checkpoint Therapeutics

Forward Guidance

The company anticipates submitting its first application for marketing approval for cosibelimab next year.