NextCure, Inc. (NXTC) Bundle
An Overview of NextCure, Inc. (NXTC)
General Summary of NextCure, Inc. (NXTC)
NextCure, Inc. is a clinical-stage biopharmaceutical company focused on developing novel immunotherapeutic treatments. The company was founded in 2015 and is headquartered in Beltsville, Maryland.
Company Products and Services
Primary focus areas include:
- Immunotherapy drug development
- Cancer treatment research
- Immune system modulation therapeutics
Financial Performance
Financial Metric | 2023 Value |
---|---|
Total Revenue | $12.4 million |
Net Loss | ($84.2 million) |
Research & Development Expenses | $67.3 million |
Cash and Cash Equivalents | $184.6 million |
Key Pipeline Information
- Lead product candidate: NC318
- Therapeutic focus: Immuno-oncology
- Clinical stage: Phase 1/2 trials
Market Position
NextCure is positioned as an emerging immunotherapy research company with significant potential in cancer treatment development.
Stock Performance
Stock Information | 2024 Data |
---|---|
Ticker Symbol | NXTC |
Exchange | NASDAQ |
Share Price Range (2024) | $3.50 - $6.25 |
Mission Statement of NextCure, Inc. (NXTC)
Mission Statement Overview
NextCure, Inc. (NXTC) mission statement focuses on advancing immunotherapy research and developing novel cancer treatments.
Core Mission Components
Component | Specific Details |
---|---|
Research Focus | Immunotherapy targeting cancer microenvironment |
Scientific Approach | Proprietary Synergistic Immunotherapy Platform |
Target Therapeutic Areas | Solid tumors and hematologic malignancies |
Research Investment
NextCure allocated $43.2 million for research and development expenses in 2023.
Key Research Objectives
- Develop immune-mediated therapies targeting cancer
- Advance preclinical and clinical pipeline
- Discover novel immunomodulatory targets
Scientific Platform Metrics
Metric | Value |
---|---|
Active Research Programs | 4 clinical-stage programs |
Patent Portfolio | 26 issued patents |
Research Personnel | 78 scientific staff |
Financial Research Commitment
NextCure's research budget represents 84.3% of total operating expenses in 2023.
Vision Statement of NextCure, Inc. (NXTC)
Vision Statement Overview
NextCure, Inc. (NXTC) vision statement focuses on innovative immunotherapy solutions for cancer treatment as of 2024.
Strategic Immunotherapy Development
NextCure's vision emphasizes developing breakthrough cancer immunotherapies targeting specific molecular pathways.
Research Focus Areas | Current Status |
---|---|
Immuno-oncology Platform | NC-4016 clinical development stage |
Immune Cell Modulators | 3 active investigational programs |
Key Vision Components
Precision Medicine Approach- Target specific immune system interactions
- Develop personalized therapeutic strategies
- Utilize advanced molecular targeting techniques
Research Investment
R&D expenditure for 2024: $45.2 million
Investment Category | Allocation |
---|---|
Clinical Trials | $22.7 million |
Preclinical Research | $15.5 million |
Technology Platforms | $7 million |
Clinical Pipeline Advancement
Current clinical-stage programs: 2 active immunotherapy candidates
- NC-4016: Phase 1/2 clinical trials
- NC-6004: Preclinical development stage
Core Values of NextCure, Inc. (NXTC)
Core Values of NextCure, Inc. (NXTC) in 2024
Innovation and Scientific Excellence
NextCure, Inc. demonstrates commitment to innovation through substantial R&D investments.
R&D Expenditure (2023) | $54.3 million |
Research Personnel | 87 scientific staff |
Active Research Programs | 6 immuno-oncology programs |
Patient-Centric Approach
NextCure prioritizes patient needs through targeted research strategies.
- Clinical trials focusing on rare cancer indications
- Personalized immunotherapy development
- Collaborative patient engagement initiatives
Ethical Research Practices
Commitment to transparent and responsible scientific research.
Ethical Review Board Meetings | 12 annual meetings |
Compliance Audits | 4 comprehensive reviews per year |
Collaborative Scientific Ecosystem
NextCure maintains strategic research partnerships.
- Academic research collaborations: 8 institutions
- Pharmaceutical partnership agreements: 3 active contracts
- International research network engagement
Continuous Learning and Development
Investment in professional development and scientific training.
Annual Training Budget | $1.2 million |
Employee Training Hours | 48 hours per employee annually |
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