ZIOPHARM Reports First-Quarter 2015 Financial Results and Recent Activities

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Ziopharm Oncology (ZIOP) Posts Q1 Loss of 69c/Share

May 7, 2015 4:42 PM EDT

Ziopharm Oncology (NASDAQ: ZIOP) reported Q1 EPS of ($0.69), $0.56 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $272 thousand versus the consensus estimate of $130 thousand.

Recent and Upcoming Corporate Highlights

In January, ZIOPHARM and its partner, Intrexon Corporation, entered into an exclusive license agreement with The University of Texas MD Anderson Cancer Center for programs and associated technologies related to the development of non-viral adoptive cellular therapies, including CAR T, TCR and associated cell-based therapies. When combined with Intrexon's technology suite and ZIOPHARM's further clinical validation of the RheoSwitch... More