CYTOMX THERAPEUTICS, INC. (NASDAQ:CTMX) Files An 8-K Other Events
Item 8.01.Other Events.
On December 5, 2016, CytomX Therapeutics, Inc. issued a press
release announcing that Bristol-Myers Squibb selected the fourth
target under the Collaboration and License Agreement between them
(the Agreement) and triggered a $15 million selection payment in
accordance with the Agreement. This constitutes the final target
selection under the Agreement. The full text of the press release
is furnished as Exhibit 99.1 hereto.
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Item 9.01 |
Financial Statements and Exhibits. |
Reference is made to the Exhibit Index attached hereto
About CYTOMX THERAPEUTICS, INC. (NASDAQ:CTMX)
CytomX Therapeutics, Inc. is an oncology-focused biopharmaceutical company. The Company is engaged in the development of a class of antibody therapeutics based on its Probody technology platform. It uses its platform to create cancer immunotherapies against clinically validated targets, as well as to develop cancer therapeutics against a range of targets. A Probody therapeutic consists of three components produced as a single protein by standard antibody production methodology: an active anti-cancer antibody, a mask for the antibody and a protease-cleavable linker. Its Probody product candidate, CX-072, is directed against programmed death-ligand 1 (PD-L1). CX-072 is based on a monoclonal antibody targeting PD-L1. Its product candidate, CX-2009, is directed against the target CD-166. It is developing a programmed cell death protein 1 (PD-1) Probody therapeutic as an additional approach to block the PD-L1/PD-1 pathway. It is also conducting Integrin alpha-3 PDC program. CYTOMX THERAPEUTICS, INC. (NASDAQ:CTMX) Recent Trading Information
CYTOMX THERAPEUTICS, INC. (NASDAQ:CTMX) closed its last trading session up +0.79 at 11.00 with 144,200 shares trading hands.