Macrogenics (MGNX) Misses Q2 EPS by 11c, Misses on Revenue

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Go back to Macrogenics (MGNX) Misses Q2 EPS by 11c, Misses on Revenue

MacroGenics Reports Second Quarter 2025 Financial Results and Highlights Key Strategic Priorities

August 14, 2025 4:01 PM EDT

Newly-appointed President and CEO, Eric Risser, outlines strategic priorities for 2025 and 2026 Received $70 million upfront cash payment from Sagard Healthcare Partners under a royalty purchase agreement for ZYNYZ® Cash, cash equivalents and marketable securities of $176.5 million as of June 30, 2025; cash runway through first half of 2027

ROCKVILLE, Md., Aug. 14, 2025 (GLOBE NEWSWIRE) -- MacroGenics, Inc. (NASDAQ: MGNX), a clinical-stage biopharmaceutical company focused on developing innovative antibody-based therapeutics for the treatment of cancer, today reported financial results for the second quarter ended June 30, 2025, and... More