Bicara Therapeutics Reports Third Quarter 2024 Financial Results and Provides Business Update
Bicara Therapeutics Inc. (BCAX)
Company Research
Source: GlobeNewswire
On track to initiate FORTIFI-HN01, a pivotal Phase 2/3 trial of ficerafusp alfa in 1L R/M HNSCC Completed upsized initial public offering, raising approximately $362 million in gross proceeds, with full exercise of the underwriters’ option to purchase additional shares Strong financial position with approximately $521 million in cash and cash equivalents expected to fund operations into the first half of 2029 BOSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bicara Therapeutics Inc. (Nasdaq: BCAX), a clinical-stage biopharmaceutical company committed to bringing transformative bifunctional therapies for patients with solid tumors, today announced financial results for the third quarter ended September 30, 2024 and provided a business update. “The third quarter of 2024 was momentous for Bicara, highlighted by the successful completion of our upsized initial public offering, providing us with a robust balance sheet to continue to advance the development of ficerafusp alfa, our bifunction
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News
- Bicara Therapeutics to Present at the Stifel 2024 Healthcare ConferenceGlobeNewswire
- Bicara Therapeutics Inc. (NASDAQ: BCAX) was upgraded by analysts at RODMAN&RENSHAW to a "strong-buy" rating.MarketBeat
- Bicara Therapeutics Inc. (NASDAQ: BCAX) is now covered by analysts at Rodman & Renshaw. They set a "buy" rating and a $48.00 price target on the stock.MarketBeat
- Bicara Therapeutics Inc. (NASDAQ: BCAX) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating on the stock.MarketBeat
- Bicara Therapeutics Inc. (NASDAQ: BCAX) is now covered by analysts at Stifel Nicolaus. They set a "buy" rating and a $47.00 price target on the stock.MarketBeat