MARKET

MTEM

MTEM

Molecular Templates Inc
NASDAQ
1.485
-0.095
-6.01%
After Hours: 1.480 -0.005 -0.34% 16:00 04/18 EDT
OPEN
1.560
PREV CLOSE
1.580
HIGH
1.569
LOW
1.450
VOLUME
36.64K
TURNOVER
0
52 WEEK HIGH
9.45
52 WEEK LOW
1.450
MARKET CAP
9.78M
P/E (TTM)
-0.8228
1D
5D
1M
3M
1Y
5Y
Weekly Report: what happened at MTEM last week (0408-0412)?
Weekly Report · 3d ago
Molecular Templates to Cut 30% of Staff, Chief Medical Officer
Biopharmaceutical company Molecular Templates says it will lay off about 30% of its workforce. The cuts are expected to be complete by the end of April. The company says the cuts will allow it to continue clinical studies on three potential candidates. The Austin, Texas-based company will also cut its chief medical officer.
Dow Jones · 6d ago
Molecular Templates Inc Announces Layoffs, CMO Resignation
TipRanks · 6d ago
Molecular Templates Inc Estimates That It Will Incur Aggregate Pre-Tax Charges Of ~$0.1M In Connection With Reduction In Force; Effective April 30; Reduction To Extend Resources To Allow Co To Continue To Support Clinical Studies For MT-6402, MT-8421 And MT-0169
Benzinga · 6d ago
Molecular Templates Inc Says Reduction In Force Would Reduce Company's Current Workforce By ~30%; Approved A Reduction In Force; Expects That Reduction In Force Will Be Complete By End Of April 2024
Benzinga · 6d ago
MOLECULAR TEMPLATES INC - APPROVED A REDUCTION IN FORCE
Reuters · 6d ago
MOLECULAR TEMPLATES: REDUCTION TO EXTEND RESOURCES TO ALLOW CO TO CONTINUE TO SUPPORT CLINICAL STUDIES FOR MT-6402, MT-8421 AND MT-0169
Reuters · 6d ago
MTEM Stock Earnings: Molecular Templates Beats EPS, Misses Revenue for Q4 2023
Molecular Templates reported earnings per share of -73 cents for the fourth quarter of 2023. The company reported revenue of $7.02 million. This was 9.70% worse than the analyst estimate for revenue. Molecular Templates also reported results for the third quarter of 2018.
Investorplace · 04/11 17:52
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About MTEM
Molecular Templates, Inc. is a clinical-stage biopharmaceutical company focused on the discovery and development of targeted biologic therapeutics. The Company’s proprietary drug platform technology, known as engineered toxin bodies (ETBs), leverages the resident biology of a genetically engineered form of Shiga-like Toxin A subunit to create novel therapies with potent and differentiated mechanisms of action for cancer. Its product pipeline includes MT-6402, MT-8421 and MT-0169. MT-6402 is an ETB consisting of a single chain variable fragments (scFv), with affinity for PD-L1, fused to the enzymatically active de-immunized SLTA and a HLA-A*02 class I antigen derived from the human cytomegalovirus (HCMV) pp65 protein. MT-8421, its ETB targeting CTLA-4, along with MT-6402. MT-0169 is designed to destroy CD38+ tumour cells through internalization of CD38 and cell destruction via a novel mechanism of action (enzymatic ribosomal destruction and immunogenic cell death).

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