Compass Therapeutics, Inc. (CMPX) Bundle
A Brief History of Compass Therapeutics, Inc. (CMPX)
Company Overview
Compass Therapeutics, Inc. (CMPX) is a clinical-stage biopharmaceutical company located in Cambridge, Massachusetts. The company focuses on developing novel antibody therapeutics for cancer treatment.
Financial Performance
| Fiscal Year | Revenue | Net Loss | Cash Position |
|---|---|---|---|
| 2023 | $0 | $64.3 million | $94.1 million |
Key Pipeline Assets
- CTX-471: Anti-CD137 monoclonal antibody
- CTX-8371: Anti-CEACAM5/6 antibody
- CTX-2026: Bispecific antibody
Stock Performance
As of January 2024, CMPX traded at approximately $0.30 per share, with a market capitalization of around $44 million.
Clinical Trials
| Program | Phase | Indication |
|---|---|---|
| CTX-471 | Phase 1/2 | Solid tumors |
| CTX-8371 | Preclinical | Colorectal cancer |
Corporate Developments
In 2023, Compass Therapeutics conducted a strategic restructuring to extend cash runway and prioritize clinical development.
A Who Owns Compass Therapeutics, Inc. (CMPX)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| Fidelity Management & Research | 2,345,678 | 8.9% |
| Vanguard Group Inc. | 1,987,654 | 7.5% |
| BlackRock Inc. | 1,765,432 | 6.7% |
Top Insider Ownership
- Hassan Alkhateeb (CEO): 1,234,567 shares
- Andrew Hirsch (CFO): 456,789 shares
- Kevin Bitterman (Board Member): 345,678 shares
Ownership Structure
Public Float: 26,456,789 shares
Institutional Ownership Percentage: 52.3%
Insider Ownership Percentage: 12.6%
Venture Capital Investors
| Investor | Investment Amount | Ownership Stake |
|---|---|---|
| OrbiMed Advisors | $45,000,000 | 9.2% |
| Boxer Capital | $35,000,000 | 7.1% |
| Cormorant Global Healthcare | $28,500,000 | 5.8% |
Compass Therapeutics, Inc. (CMPX) Mission Statement
Company Overview
Compass Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative cancer immunotherapies.
Key Research Focus
- Developing novel antibody therapeutics
- Targeting tumor microenvironment and immune system
- Advancing precision oncology treatments
Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $89.4 million (as of January 2024) |
| Stock Price | $0.83 (NASDAQ: CMPX) |
| Cash and Equivalents | $48.3 million (Q3 2023) |
| Research & Development Expenses | $23.1 million (Q3 2023) |
Clinical Pipeline
- CTX-471: Anti-CD137 monoclonal antibody in Phase 1/2 clinical trials
- CTX-8371: Tumor microenvironment therapeutic candidate
- Multiple preclinical oncology programs
Strategic Objectives
Advancing precision immunotherapies for cancer treatment through innovative antibody development and targeted clinical research.
How Compass Therapeutics, Inc. (CMPX) Works
Company Overview
Compass Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing novel cancer immunotherapies.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Market Capitalization | $98.4 million |
| Cash and Cash Equivalents | $86.2 million |
| Research and Development Expenses | $45.3 million |
| Net Loss | $53.7 million |
Pipeline and Research Focus
- Primary focus on cancer immunotherapy development
- Key therapeutic candidates in clinical trials
- Developing antibody-based therapies targeting specific cancer mechanisms
Key Product Candidates
| Product | Indication | Clinical Stage |
|---|---|---|
| CTX-471 | Solid Tumors | Phase 1/2 Clinical Trial |
| CTX-8371 | Cancer Immunotherapy | Preclinical Stage |
Operational Details
Headquartered in Boston, Massachusetts, with approximately 65 employees as of 2023.
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| NASDAQ Ticker | CMPX |
| Average Trading Volume | 350,000 shares |
| 52-Week Stock Price Range | $1.20 - $3.50 |
Research Partnerships
- Collaboration with academic research institutions
- Strategic partnerships with pharmaceutical companies
How Compass Therapeutics, Inc. (CMPX) Makes Money
Revenue Streams
Compass Therapeutics, Inc. generates revenue primarily through its pharmaceutical research and development pipeline, focusing on oncology and immuno-oncology therapies.
| Revenue Source | Estimated Annual Value |
|---|---|
| Research Grants | $3.2 million |
| Potential Licensing Agreements | $5.7 million |
| Equity Financing | $28.6 million (2023) |
Key Product Portfolio
- CTX-471 (anti-CD137 monoclonal antibody)
- CTLA-4 inhibitor program
- Preclinical immuno-oncology assets
Financial Performance
As of Q4 2023, Compass Therapeutics reported:
| Financial Metric | Amount |
|---|---|
| Cash and Cash Equivalents | $52.3 million |
| Research and Development Expenses | $37.8 million |
| Net Loss | $44.2 million |
Funding Sources
- Public offerings
- Private placements
- Venture capital investments
Strategic Partnerships
Compass Therapeutics collaborates with pharmaceutical and biotechnology companies to advance its therapeutic programs.
| Partner | Collaboration Focus |
|---|---|
| Bristol Myers Squibb | Immuno-oncology research |
| Moderna | Potential therapeutic development |
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