TRACON Pharmaceuticals Announces Termination of ENVASARC Trial and Will Explore Strategic Alternatives Leveraging its In-House Product Development Platform [Yahoo! Finance]
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TRACON Pharmaceuticals, Inc. (TCON)
Last tracon pharmaceuticals, inc. earnings: 2/27 04:03 pm
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Source: Yahoo! Finance
Company will focus on exploring strategic alternatives, that may include a variety of strategic transactions such as a reverse merger, acquisition, sale of all assets, or other strategic transactions leveraging its in-house Product Development Platform of CRO-independent clinical trial execution SAN DIEGO, July 01, 2024 (GLOBE NEWSWIRE) -- TRACON Pharmaceuticals (NASDAQ: TCON) today announced the objective response rate (ORR) by blinded independent central review (BICR) in the fully enrolled ENVASARC pivotal trial in the 82 evaluable patients is 5% (four responders), which is lower than the primary endpoint of the study of 11% ORR by BICR needed to support a biologics license application (BLA). As a result, the Company is terminating further development of envafolimab and is focusing entirely on exploring strategic alternatives in the near term that may include, but are not limited to, a merger, reverse merger, acquisition, other business combination, sales of assets, licensing or
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TCON
News
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- TRACON Pharmaceuticals Announces Termination of ENVASARC Trial and Will Explore Strategic Alternatives Leveraging its In-House Product Development PlatformGlobeNewswire
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- TRACON Announces Publication in Clinical Cancer Research of Phase 2 Clinical Data for TRC102, a DNA Damage Repair Inhibitor, in Recurrent Glioblastoma Patients [Yahoo! Finance]Yahoo! Finance
TCON
Earnings
- 5/14/24 - Miss
TCON
Analyst Actions
- 7/1/24 - HC Wainwright
TCON
Sec Filings
- 7/1/24 - Form 8-K
- 6/21/24 - Form 8-K
- 6/12/24 - Form 8-K
- TCON's page on the SEC website