Biotech breakthrough: Mersana Therapeutics stock soars 23% after blowing past Q3 expectations

Biotech breakthrough: Mersana Therapeutics stock soars 23% after blowing past Q3 expectations

Mersana Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on developing antibody-drug conjugates (ADCs) for cancer treatment, saw its shares leap by 23% following a robust third-quarter earnings report that surpassed Wall Street’s expectations. Investors and analysts alike have taken note, as Mersana Therapeutics’ financial results not only demonstrate strong revenue growth but also highlight strategic […]

Merck and Mersana Therapeutics to co-develop new immunostimulatory ADCs

Merck and Mersana Therapeutics to co-develop new immunostimulatory ADCs

Merck has announced a collaboration with US-based Mersana Therapeutics to discover new antibody-drug conjugates (ADCs) by leveraging the latter’s proprietary Immunosynthen STING-agonist ADC platform. The collaboration complements Merck’s internal know-how and in-house antibody-drug conjugate method. As part of the agreement, Mersana Therapeutics will develop new antibody-drug conjugate product candidates against up to two targets using […]