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Stock impact report

Mersana Therapeutics Inc (MRSN) Q3 2024 Earnings Call Highlights: Strategic Advances and ... [Yahoo! Finance]

Mersana Therapeutics, Inc. (MRSN) 
Last mersana therapeutics, inc. earnings: 2/28 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: mersana.com/about-mersana
Company Research Source: Yahoo! Finance
Net Cash Used in Operating Activities: $8.6 million for Q3 2024, significantly lower than $46.1 million in Q3 2023. Collaboration Revenue: $12.6 million for Q3 2024, up from $7.7 million in Q3 2023. Research and Development Expenses: $14.8 million for Q3 2024, down from $30.5 million in Q3 2023. General and Administrative Expenses: $9.9 million for Q3 2024, down from $12.9 million in Q3 2023. Net Loss: $11.5 million for Q3 2024, compared to $41.7 million in Q3 2023. Warning! GuruFocus has detected 8 Warning Signs with MRSN. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Mersana Therapeutics Inc ( NASDAQ:MRSN ) made significant progress in their Phase I clinical trials for XMT-1660 and XMT-2056, with dose escalation ongoing and no maximum tolerated dose established yet. The company achieved multiple milestones in research collaborations and maintained a strong balance sheet, position Show less Read more
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