Mersana Therapeutics Key Executives

This section highlights Mersana Therapeutics's key executives, including their titles and compensation details.

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Mersana Therapeutics Earnings

This section highlights Mersana Therapeutics's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 08, 2025
Time: Before Market
Est. EPS: $-0.21
Status: Unconfirmed

Last Earnings Results

Date: March 03, 2025
EPS: $-0.11
Est. EPS: $-0.16
Revenue: $16.36M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-03-03 $-0.16 $-0.11
Read Transcript Q3 2024 2024-11-13 $-0.18 $-0.09
Read Transcript Q2 2024 2024-08-13 $-0.18 $-0.20
Read Transcript Q1 2024 2024-05-09 $-0.18 $-0.16
Read Transcript Q4 2023 2024-02-28 $-0.20 $-0.16
Read Transcript Q3 2023 2023-11-07 $-0.31 $-0.35
Read Transcript Q1 2023 2023-05-09 $-0.41 $-0.52

Financial Statements

Access annual & quarterly financial statements for Mersana Therapeutics, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $40.50M $36.85M $26.58M $43.00K $828.00K
Cost of Revenue $1.63M $148.27M $927.00K $132.01M $67.04M
Gross Profit $38.87M $-111.41M $25.65M $-131.97M $-66.21M
Gross Profit Ratio 95.98% -302.30% 96.51% -306906.98% -7996.14%
Research and Development Expenses $73.02M $148.27M $173.38M $132.01M $67.04M
General and Administrative Expenses $40.81M $59.54M $56.96M $36.89M $21.90M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $40.81M $59.54M $56.96M $36.89M $21.90M
Other Expenses $- $- $-445.00K $-1.20M $-
Operating Expenses $113.83M $36.85M $230.35M $168.90M $88.94M
Cost and Expenses $113.83M $207.81M $230.35M $168.90M $88.94M
Interest Income $8.44M $12.07M $2.88M $65.00K $424.00K
Interest Expense $3.87M $4.07M $3.33M $1.27M $359.00K
Depreciation and Amortization $1.63M $1.52M $927.00K $855.00K $1.01M
EBITDA $-63.27M $-166.08M $-199.96M $-167.94M $-86.68M
EBITDA Ratio -156.24% -450.63% -752.26% -390553.49% -10468.12%
Operating Income $-73.34M $-170.96M $-204.69M $-169.71M $-87.69M
Operating Income Ratio -181.09% -463.86% -770.08% -394681.40% -10590.10%
Total Other Income Expenses Net $4.56M $-713.00K $-445.00K $-1.20M $65.00K
Income Before Tax $-68.77M $-171.67M $-204.21M $-170.06M $-88.05M
Income Before Tax Ratio -169.82% -465.80% -768.26% -395488.37% -10633.45%
Income Tax Expense $418.00K $- $3.33M $-855.00K $359.00K
Net Income $-69.19M $-171.67M $-207.54M $-169.21M $-88.40M
Net Income Ratio -170.86% -465.80% -780.78% -393500.00% -10676.81%
EPS $-0.56 $-1.48 $-2.22 $-2.40 $-1.44
EPS Diluted $-0.56 $-1.48 $-2.22 $-2.40 $-1.44
Weighted Average Shares Outstanding 122.54M 116.11M 93.65M 70.58M 61.49M
Weighted Average Shares Outstanding Diluted 122.54M 116.11M 93.65M 70.58M 61.49M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $16.36M $12.60M $2.29M $9.24M $10.70M $7.70M $10.65M $7.80M $14.69M $5.57M $4.28M $2.04M $11.00K $11.00K $11.00K $11.00K $11.00K $11.00K $796.00K $11.00K
Cost of Revenue $400.00K $- $17.25M $423.00K $447.00K $427.00K $324.00K $319.00K $282.00K $50.64M $41.23M $205.00K $37.37M $35.27M $31.95M $27.41M $22.86M $16.55M $15.41M $12.22M
Gross Profit $15.96M $12.60M $-14.95M $8.82M $10.25M $7.27M $10.33M $7.48M $14.41M $-45.07M $-36.95M $1.83M $-37.36M $-35.26M $-31.94M $-27.40M $-22.85M $-16.54M $-14.62M $-12.21M
Gross Profit Ratio 97.56% 100.00% -652.07% 95.42% 95.82% 94.45% 96.96% 95.91% 98.08% -808.65% -862.44% 89.93% -339609.09% -320581.82% -290400.00% -249127.27% -207690.91% -150318.18% -1836.31% -110981.82%
Research and Development Expenses $22.29M $14.80M $17.25M $18.69M $21.50M $30.53M $48.97M $47.27M $45.71M $50.64M $41.23M $35.81M $37.37M $35.27M $31.95M $27.41M $22.86M $16.55M $15.41M $12.22M
General and Administrative Expenses $8.89M $9.86M $10.50M $11.56M $10.13M $12.89M $18.19M $18.33M $14.80M $14.57M $14.80M $12.78M $10.67M $10.12M $8.88M $7.21M $5.91M $5.88M $5.17M $4.94M
Selling and Marketing Expenses $- $- $- $-423.00K $-447.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $8.89M $9.86M $10.50M $11.14M $9.69M $12.89M $18.19M $18.33M $14.80M $14.57M $14.80M $12.78M $10.67M $10.12M $8.88M $7.21M $5.91M $5.88M $5.17M $4.94M
Other Expenses $- $-12.07M $- $- $-1.70M $8.21M $2.19M $- $902.00K $-172.00K $- $- $-952.00K $- $-86.00K $- $- $-73.00K $- $-
Operating Expenses $31.17M $12.60M $27.75M $29.82M $31.18M $51.64M $67.16M $65.60M $60.51M $65.21M $56.03M $48.59M $48.04M $45.40M $40.84M $34.62M $28.77M $22.43M $20.58M $17.16M
Cost and Expenses $31.17M $12.60M $27.75M $30.25M $31.63M $51.64M $67.16M $65.60M $60.51M $65.21M $56.03M $48.59M $48.04M $45.40M $40.84M $34.62M $28.77M $22.43M $20.58M $17.16M
Interest Income $1.60M $1.97M $2.17M $2.70M $2.93M $3.30M $3.22M $2.62M $1.87M $708.00K $291.00K $18.00K $29.00K $15.00K $9.00K $12.00K $10.00K $19.00K $89.00K $306.00K
Interest Expense $903.00K $986.00K $983.00K $1.00M $1.05M $1.02M $1.02M $983.00K $964.00K $880.00K $760.00K $724.00K $981.00K $98.00K $95.00K $93.00K $92.00K $92.00K $87.00K $88.00K
Depreciation and Amortization $400.00K $402.00K $403.00K $423.00K $447.00K $427.00K $324.00K $319.00K $282.00K $213.00K $227.00K $205.00K $211.00K $212.00K $206.00K $226.00K $260.00K $256.00K $246.00K $248.00K
EBITDA $-12.81M $-11.67M $-22.88M $-17.88M $-18.05M $-40.21M $-52.96M $-54.86M $-43.68M $-58.72M $-51.23M $-46.33M $-47.79M $-45.16M $-40.61M $-34.37M $-28.49M $-22.14M $-19.45M $-16.59M
EBITDA Ratio -78.32% -92.61% -997.91% -193.41% -168.67% -522.37% -497.07% -703.17% -297.37% -1053.62% -1195.89% -2275.49% -434463.64% -410554.55% -369200.00% -312490.91% -259018.18% -201281.82% -2443.84% -150818.18%
Operating Income $-14.81M $-12.07M $-25.45M $-21.00M $-20.93M $-41.66M $-54.31M $-55.18M $-46.11M $-59.64M $-51.75M $-46.53M $-48.00M $-45.39M $-40.83M $-34.61M $-28.76M $-22.42M $-19.79M $-17.14M
Operating Income Ratio -90.53% -95.80% -1110.12% -227.16% -195.57% -541.13% -509.73% -707.25% -313.92% -1070.14% -1207.98% -2285.56% -436381.82% -412618.18% -371154.55% -314654.55% -261454.55% -203781.82% -2485.93% -155854.55%
Total Other Income Expenses Net $694.00K $986.00K $1.19M $1.70M $1.38M $-5.93M $2.19M $1.64M $902.00K $-172.00K $-469.00K $-706.00K $-952.00K $-83.00K $-86.00K $-81.00K $-80.00K $-73.00K $2.00K $218.00K
Income Before Tax $-14.12M $-11.08M $-24.27M $-19.31M $-19.54M $-41.66M $-54.31M $-56.16M $-44.92M $-59.81M $-52.22M $-47.26M $-48.98M $-45.47M $-40.91M $-34.69M $-28.84M $-22.49M $-19.79M $-16.93M
Income Before Tax Ratio -86.28% -87.97% -1058.35% -208.83% -182.64% -541.13% -509.73% -719.85% -305.86% -1073.23% -1218.93% -2321.12% -445300.00% -413372.73% -371936.36% -315390.91% -262200.00% -204445.45% -2485.68% -153872.73%
Income Tax Expense $- $418.00K $- $379.72K $5.70M $-6.36M $-324.00K $983.00K $964.00K $-213.00K $291.00K $724.00K $981.00K $15.00K $-206.00K $12.00K $10.00K $-256.00K $89.00K $306.00K
Net Income $-14.12M $-11.50M $-24.27M $-19.31M $-19.54M $-41.66M $-54.31M $-57.15M $-45.89M $-59.81M $-52.22M $-47.98M $-48.98M $-45.47M $-40.91M $-34.69M $-28.84M $-22.49M $-19.79M $-16.93M
Net Income Ratio -86.28% -91.29% -1058.35% -208.83% -182.64% -541.13% -509.73% -732.45% -312.42% -1073.23% -1218.93% -2356.68% -445300.00% -413372.73% -371936.36% -315390.91% -262200.00% -204445.45% -2485.68% -153872.73%
EPS $-0.11 $-0.09 $-0.20 $-0.16 $-0.16 $-0.35 $-0.47 $-0.53 $-0.45 $-0.61 $-0.55 $-0.60 $-0.68 $-0.63 $-0.59 $-0.50 $-0.42 $-0.33 $-0.33 $-0.35
EPS Diluted $-0.11 $-0.09 $-0.20 $-0.16 $-0.16 $-0.35 $-0.47 $-0.53 $-0.45 $-0.61 $-0.55 $-0.60 $-0.68 $-0.63 $-0.59 $-0.50 $-0.42 $-0.33 $-0.33 $-0.35
Weighted Average Shares Outstanding 123.56M 122.72M 122.44M 121.42M 120.61M 120.52M 115.61M 107.51M 101.01M 97.64M 95.76M 79.93M 71.92M 71.75M 69.62M 68.99M 68.42M 68.42M 60.75M 47.99M
Weighted Average Shares Outstanding Diluted 123.56M 122.72M 122.44M 121.42M 120.61M 120.52M 115.61M 107.51M 101.01M 97.64M 95.76M 79.93M 71.92M 71.75M 69.62M 68.99M 68.42M 68.42M 60.75M 47.99M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $107.75M $174.56M $280.71M $177.95M $255.09M
Short Term Investments $26.87M $34.52M $151.83M $- $-
Cash and Short Term Investments $134.62M $209.08M $280.71M $177.95M $255.09M
Net Receivables $- $- $30.00M $- $-
Inventory $- $- $- $- $-
Other Current Assets $2.28M $4.97M $8.51M $21.90M $3.49M
Total Current Assets $136.90M $214.06M $319.22M $188.90M $258.58M
Property Plant Equipment Net $6.78M $11.53M $14.46M $14.86M $12.67M
Goodwill $- $- $- $- $-
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $-
Long Term Investments $- $- $478.00K $478.00K $321
Tax Assets $- $- $- $- $-
Other Non-Current Assets $978.00K $478.00K $183.00K $1.88M $2.15M
Total Non-Current Assets $7.76M $12.00M $15.12M $17.21M $14.82M
Other Assets $- $- $- $- $-
Total Assets $144.66M $226.06M $334.34M $206.11M $273.40M
Account Payables $4.33M $7.32M $13.95M $12.32M $8.34M
Short Term Debt $12.50M $5.48M $3.04M $2.54M $1.53M
Tax Payables $- $- $- $- $-
Deferred Revenue $22.17M $28.15M $30.61M $3.94M $3.99M
Other Current Liabilities $23.46M $22.69M $44.17M $28.95M $16.24M
Total Current Liabilities $62.46M $63.64M $91.53M $47.52M $30.00M
Long Term Debt $10.95M $28.35M $33.50M $35.87M $15.13M
Deferred Revenue Non-Current $- $97.17M $117.04M $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $80.76M $1.00K $203.00K $974.00K $174.00K
Total Non-Current Liabilities $91.71M $125.52M $150.75M $36.85M $15.31M
Other Liabilities $- $- $- $- $-
Total Liabilities $154.17M $189.16M $242.28M $84.37M $45.31M
Preferred Stock $- $- $- $- $0
Common Stock $12.00K $12.00K $11.00K $7.00K $7.00K
Retained Earnings $-895.55M $-826.36M $-654.69M $-450.48M $-280.42M
Accumulated Other Comprehensive Income Loss $10.00K $11.00K $-152.00K $- $-0
Other Total Stockholders Equity $886.02M $863.24M $746.89M $572.21M $508.50M
Total Stockholders Equity $-9.51M $36.90M $92.06M $121.74M $228.09M
Total Equity $-9.51M $36.90M $92.06M $121.74M $228.09M
Total Liabilities and Stockholders Equity $144.66M $226.06M $334.34M $206.11M $273.40M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $144.66M $226.06M $334.34M $206.11M $273.40M
Total Investments $26.87M $34.52M $151.83M $478.00K $321
Total Debt $28.60M $33.83M $36.30M $38.18M $16.57M
Net Debt $-79.15M $-140.73M $-244.41M $-139.77M $-238.52M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $107.75M $78.87M $59.00M $75.19M $174.56M $186.28M $286.59M $122.83M $280.71M $290.13M $135.34M $230.06M $177.95M $191.71M $227.39M $228.43M $255.09M $270.94M $288.38M $60.45M
Short Term Investments $26.87M $76.30M $103.74M $107.96M $34.52M $54.70M $157.86M $151.09M $151.83M $106.04M $89.79M $- $- $- $- $- $- $- $3.00M $17.98M
Cash and Short Term Investments $134.62M $155.17M $162.74M $183.15M $209.08M $240.99M $286.59M $273.92M $280.71M $290.13M $225.13M $230.06M $177.95M $191.71M $227.39M $228.43M $255.09M $270.94M $291.38M $78.43M
Net Receivables $- $1.00M $1.57M $- $- $- $- $- $30.00M $- $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-3.00M $-11.99M
Other Current Assets $2.28M $4.39M $4.65M $4.39M $4.97M $8.75M $10.50M $7.89M $8.51M $9.91M $23.90M $22.83M $21.90M $15.30M $12.09M $7.04M $3.49M $8.00M $7.05M $3.73M
Total Current Assets $136.90M $160.56M $168.96M $187.54M $214.06M $249.74M $297.09M $281.81M $319.22M $300.04M $237.08M $241.47M $188.90M $199.36M $233.43M $231.95M $258.58M $274.93M $294.90M $80.29M
Property Plant Equipment Net $6.78M $8.00M $9.19M $10.36M $11.53M $12.69M $13.40M $13.80M $14.46M $14.20M $14.55M $14.55M $14.86M $15.30M $15.65M $12.44M $12.67M $13.04M $13.51M $14.11M
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Long Term Investments $- $- $- $478.00K $478.00K $478.00K $478.00K $478.00K $478.00K $- $478.00K $478.00K $478.00K $478.00K $478.00K $321.00K $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $978.00K $978.00K $978.00K $-1 $- $- $39.00K $110.00K $183.00K $616.00K $246.00K $1.77M $1.88M $2.45M $4.13M $3.20M $2.15M $2.15M $2.10M $1.45M
Total Non-Current Assets $7.76M $8.97M $10.16M $10.83M $12.00M $13.17M $13.91M $14.39M $15.12M $14.81M $15.27M $16.80M $17.21M $18.23M $20.25M $15.96M $14.82M $15.19M $15.61M $15.57M
Other Assets $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $144.66M $169.53M $179.13M $198.37M $226.06M $262.90M $311.00M $296.19M $334.34M $314.85M $252.35M $258.27M $206.11M $217.59M $253.69M $247.91M $273.40M $290.13M $310.52M $95.86M
Account Payables $4.33M $2.03M $3.01M $3.09M $7.32M $12.95M $16.92M $18.16M $13.95M $13.73M $8.16M $9.78M $12.32M $5.87M $10.65M $11.74M $8.34M $4.53M $7.16M $4.60M
Short Term Debt $16.36M $15.21M $15.64M $8.76M $5.48M $6.27M $6.05M $5.81M $3.04M $5.39M $5.18M $4.81M $2.54M $4.47M $4.52M $3.14M $1.53M $1.37M $2.79M $2.32M
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $22.17M $31.37M $29.34M $25.62M $28.15M $21.59M $20.50M $28.77M $30.61M $30.92M $26.23M $16.58M $3.94M $3.96M $3.97M $3.98M $3.99M $4.00M $4.01M $4.80M
Other Current Liabilities $19.60M $19.68M $14.19M $15.95M $22.69M $27.12M $31.45M $30.67M $44.17M $38.74M $31.90M $25.30M $28.95M $29.73M $21.34M $16.06M $16.24M $11.26M $8.46M $5.77M
Total Current Liabilities $62.46M $68.30M $62.18M $53.41M $63.64M $67.93M $74.92M $83.40M $91.53M $88.79M $71.47M $56.46M $47.52M $44.02M $40.47M $34.92M $30.00M $21.07M $22.42M $17.49M
Long Term Debt $12.24M $16.29M $20.32M $24.32M $28.35M $31.20M $32.01M $32.78M $33.50M $34.14M $34.84M $35.27M $35.87M $16.98M $17.41M $14.74M $15.13M $15.55M $14.30M $15.03M
Deferred Revenue Non-Current $79.46M $- $87.57M $92.02M $97.17M $111.50M $114.20M $115.58M $117.04M $101.42M $11.68M $25.62M $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $4.22M $5.20M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $8.00K $83.89M $626.00K $638.00K $1.00K $67.00K $76.00K $140.00K $203.00K $266.00K $328.00K $389.00K $974.00K $1.03M $288.00K $318.00K $174.00K $200.00K $225.00K $250.00K
Total Non-Current Liabilities $91.71M $100.18M $108.52M $116.98M $125.52M $142.78M $146.28M $148.50M $150.75M $135.83M $46.85M $61.28M $36.85M $18.02M $17.70M $15.05M $15.31M $15.75M $14.53M $15.28M
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $154.17M $168.48M $170.70M $170.39M $189.16M $210.71M $221.20M $231.90M $242.28M $224.62M $118.32M $117.74M $84.37M $62.04M $58.17M $49.97M $45.31M $36.82M $36.95M $32.77M
Preferred Stock $- $- $- $- $- $- $- $- $- $1 $2 $- $- $- $- $- $0 $- $- $4.00K
Common Stock $12.00K $12.00K $12.00K $12.00K $12.00K $12.00K $12.00K $11.00K $11.00K $10.00K $10.00K $9.00K $7.00K $7.00K $7.00K $7.00K $7.00K $7.00K $7.00K $5.00K
Retained Earnings $-895.55M $-881.44M $-869.93M $-845.67M $-826.36M $-806.82M $-765.16M $-710.85M $-654.69M $-609.77M $-549.96M $-497.74M $-450.48M $-401.50M $-356.02M $-315.11M $-280.42M $-251.57M $-229.09M $-209.30M
Accumulated Other Comprehensive Income Loss $10.00K $25.00K $-71.00K $-90.00K $11.00K $1.00K $-49.00K $12.00K $-152.00K $-231.00K $-126.00K $0 $- $- $- $- $-0 $- $2.00K $-4.00K
Other Total Stockholders Equity $886.02M $882.45M $878.42M $873.73M $863.24M $859.00M $855.00M $775.12M $746.89M $700.22M $684.11M $638.25M $572.21M $557.04M $551.53M $513.04M $508.50M $504.88M $502.64M $272.39M
Total Stockholders Equity $-9.51M $1.05M $8.43M $27.98M $36.90M $52.20M $89.80M $64.29M $92.06M $90.23M $134.03M $140.53M $121.74M $155.55M $195.51M $197.94M $228.09M $253.31M $273.56M $63.09M
Total Equity $-9.51M $1.05M $8.43M $27.98M $36.90M $52.20M $89.80M $64.29M $92.06M $90.23M $134.03M $140.53M $121.74M $155.55M $195.51M $197.94M $228.09M $253.31M $273.56M $63.09M
Total Liabilities and Stockholders Equity $144.66M $169.53M $179.13M $198.37M $226.06M $262.90M $311.00M $296.19M $334.34M $314.85M $252.35M $258.27M $206.11M $217.59M $253.69M $247.91M $273.40M $290.13M $310.52M $95.86M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $144.66M $169.53M $179.13M $198.37M $226.06M $262.90M $311.00M $296.19M $334.34M $314.85M $252.35M $258.27M $206.11M $217.59M $253.69M $247.91M $273.40M $290.13M $310.52M $95.86M
Total Investments $26.87M $76.30M $103.74M $108.44M $35.00M $54.70M $157.86M $151.09M $151.83M $106.04M $89.79M $478.00K $478.00K $478.00K $478.00K $321.00K $- $- $3.00M $17.98M
Total Debt $28.60M $31.50M $32.31M $33.08M $33.83M $34.34M $35.03M $35.68M $36.30M $36.84M $37.43M $37.67M $38.18M $19.22M $19.76M $16.31M $16.57M $16.83M $17.10M $17.34M
Net Debt $-79.15M $-47.36M $-26.69M $-42.11M $-140.73M $-151.94M $-251.56M $-87.14M $-244.41M $-253.28M $-97.91M $-192.38M $-139.77M $-172.49M $-207.63M $-212.12M $-238.52M $-254.11M $-271.28M $-43.11M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-69.19M $-171.67M $-204.21M $-170.06M $-88.05M
Depreciation and Amortization $1.63M $1.52M $927.00K $855.00K $1.01M
Deferred Income Tax $- $- $- $- $-86.00K
Stock Based Compensation $16.46M $21.14M $21.52M $18.41M $7.17M
Change in Working Capital $-30.74M $-18.76M $133.10M $10.09M $5.11M
Accounts Receivables $- $30.00M $-30.00M $- $-
Inventory $- $- $- $- $-
Accounts Payables $-2.86M $-6.08M $947.00K $483.00K $942.00K
Other Working Capital $-27.88M $-42.68M $162.15M $9.60M $4.16M
Other Non Cash Items $-496.00K $-1.10M $-699.00K $723.00K $148.00K
Net Cash Provided by Operating Activities $-82.34M $-168.88M $-49.36M $-139.99M $-74.70M
Investments in Property Plant and Equipment $-132.00K $-2.17M $-2.20M $-648.00K $-473.00K
Acquisitions Net $- $- $150.52M $- $-
Purchases of Investments $-133.43M $-155.92M $-247.52M $- $-
Sales Maturities of Investments $145.00M $277.97M $97.00M $- $37.50M
Other Investing Activities $- $- $-150.52M $- $37.50M
Net Cash Used for Investing Activities $11.44M $119.88M $-152.72M $-648.00K $37.03M
Debt Repayment $-2.23M $-262.00K $-272.00K $18.34M $-116.00K
Common Stock Issued $5.78M $93.54M $150.89M $43.09M $227.03M
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $542.00K $1.40M $2.40M $2.22M $3.50M
Net Cash Used Provided by Financing Activities $4.09M $94.67M $153.02M $63.65M $230.41M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-66.81M $45.68M $-49.06M $-76.99M $192.74M
Cash at End of Period $108.23M $175.04M $129.36M $178.43M $255.41M
Cash at Beginning of Period $175.04M $129.36M $178.43M $255.41M $62.67M
Operating Cash Flow $-82.34M $-168.88M $-49.36M $-139.99M $-74.70M
Capital Expenditure $-132.00K $-2.17M $-2.20M $-648.00K $-473.00K
Free Cash Flow $-82.47M $-171.05M $-51.56M $-140.64M $-75.17M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-14.12M $-11.50M $-24.27M $-19.31M $-19.54M $-41.66M $-54.31M $-56.16M $-44.92M $-59.81M $-52.22M $-47.26M $-48.98M $-45.47M $-40.91M $-34.69M $-28.84M $-22.49M $-19.79M $-16.93M
Depreciation and Amortization $400.00K $-2.93M $403.00K $423.00K $447.00K $427.00K $324.00K $319.00K $282.00K $213.00K $227.00K $205.00K $211.00K $212.00K $206.00K $226.00K $260.00K $256.00K $246.00K $248.00K
Deferred Income Tax $- $- $- $- $2.83M $-1.05M $-1.78M $- $- $- $- $- $- $- $- $- $- $- $-20.00K $-66.00K
Stock Based Compensation $3.35M $4.03M $4.42M $4.66M $4.08M $4.00M $6.64M $6.41M $5.31M $5.38M $5.35M $5.49M $4.86M $4.93M $4.58M $4.04M $1.99M $1.92M $1.66M $1.61M
Change in Working Capital $-9.19M $1.22M $-1.98M $-18.13M $-21.74M $-8.02M $-12.88M $21.69M $-11.02M $108.92M $1.78M $33.42M $908.00K $4.19M $1.62M $3.37M $9.24M $85.00K $1.93M $-6.15M
Accounts Receivables $1.00M $570.00K $- $- $- $- $- $30.00M $-30.00M $- $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Accounts Payables $2.30M $-980.00K $-8.00K $-4.17M $-5.42M $-4.00M $-1.39M $4.73M $-206.00K $5.54M $-1.86M $-2.52M $2.91M $-4.70M $-1.15M $3.42M $3.71M $-2.39M $2.32M $-2.69M
Other Working Capital $-12.48M $1.63M $-1.97M $-13.97M $-16.32M $-4.03M $-11.49M $-13.04M $19.18M $94.43M $-4.28M $35.94M $-2.00M $8.89M $2.76M $-47.00K $5.53M $2.47M $-384.00K $-3.46M
Other Non Cash Items $307.00K $610.00K $-435.00K $9.37M $-227.00K $217.00K $167.00K $-1.26M $-877.00K $193.00K $187.00K $194.00K $604.00K $42.00K $39.00K $38.00K $38.00K $36.00K $37.00K $37.00K
Net Cash Provided by Operating Activities $-19.25M $-8.58M $-21.86M $-32.66M $-34.15M $-46.08M $-61.83M $-29.00M $-51.23M $54.60M $-44.78M $-7.96M $-42.40M $-36.10M $-34.47M $-27.02M $-17.32M $-20.20M $-15.94M $-21.25M
Investments in Property Plant and Equipment $- $- $- $-132.00K $-386.00K $-472.00K $-399.00K $-911.00K $-785.00K $-426.00K $-657.00K $-329.00K $-155.00K $-46.00K $-333.00K $-114.00K $-188.00K $-195.00K $-25.00K $-65.00K
Acquisitions Net $- $- $- $- $101.52M $-104.25M $5.04M $-2.31M $54.00M $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $-26.53M $-19.49M $-87.42M $-24.47M $-9.72M $-58.04M $-63.69M $-87.64M $-70.06M $-89.81M $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $50.00M $55.00M $25.00M $15.00M $45.00M $113.97M $53.00M $66.00M $43.00M $- $- $- $- $- $- $- $-37.50M $3.00M $15.00M $19.50M
Other Investing Activities $- $- $- $-72.42M $-101.52M $104.25M $-5.04M $2.31M $-54.00M $-16.07M $-89.81M $- $- $- $- $- $37.50M $3.00M $15.00M $19.50M
Net Cash Used for Investing Activities $50.00M $28.47M $5.51M $-72.55M $20.15M $103.78M $-5.44M $1.40M $-45.43M $-16.49M $-90.47M $-329.00K $-155.00K $-46.00K $-333.00K $-114.00K $-188.00K $2.81M $14.97M $19.43M
Debt Repayment $-2.10M $-23.00K $-47.00K $-65.00K $-66.00K $-65.00K $-66.00K $21.52M $-65.00K $-65.00K $-66.00K $-76.00K $18.48M $-65.00K $-41.00K $-33.00K $62.81M $-46.00K $-29.00K $-209.00K
Common Stock Issued $- $-5.52M $-66.00K $5.85M $158.00K $-81.00K $71.89M $21.73M $39.94M $10.59M $39.99M $60.37M $9.80M $-51.00K $33.34M $764.00K $63.04M $62.81M $164.16M $-
Common Stock Repurchased $- $- $- $- $1.20M $-81.00K $- $- $- $- $- $- $- $- $- $-259.00K $- $- $- $-
Dividends Paid $- $- $- $- $-227.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $228.00K $- $200.00K $48.00K $158.00K $- $1.36M $-21.70M $1.58M $110.00K $606.00K $96.00K $515.00K $528.00K $619.00K $505.00K $-124.18M $-62.81M $64.76M $119.00K
Net Cash Used Provided by Financing Activities $-1.87M $-23.00K $153.00K $5.83M $92.00K $-146.00K $73.18M $21.55M $41.46M $10.64M $40.53M $60.39M $28.80M $463.00K $33.92M $472.00K $1.67M $-49.00K $228.89M $-90.00K
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $28.88M $19.87M $-16.19M $-99.38M $-11.72M $57.55M $5.91M $-6.06M $-55.20M $48.74M $-94.72M $52.11M $-13.76M $-35.68M $-885.00K $-26.66M $-15.84M $-17.44M $227.93M $-1.90M
Cash at End of Period $108.23M $79.35M $59.00M $75.19M $174.56M $186.76M $129.21M $123.30M $129.36M $184.56M $135.82M $230.53M $178.43M $192.19M $227.87M $228.75M $255.41M $271.26M $288.70M $60.77M
Cash at Beginning of Period $79.35M $59.48M $75.19M $174.56M $186.28M $129.21M $123.30M $129.36M $184.56M $135.82M $230.53M $178.43M $192.19M $227.87M $228.75M $255.41M $271.26M $288.70M $60.77M $62.67M
Operating Cash Flow $-19.25M $-8.58M $-21.86M $-32.66M $-34.15M $-46.08M $-61.83M $-29.00M $-51.23M $54.60M $-44.78M $-7.96M $-42.40M $-36.10M $-34.47M $-27.02M $-17.32M $-20.20M $-15.94M $-21.25M
Capital Expenditure $- $- $- $-132.00K $-386.00K $-472.00K $-399.00K $-911.00K $-785.00K $-426.00K $-657.00K $-329.00K $-155.00K $-46.00K $-333.00K $-114.00K $-188.00K $-195.00K $-25.00K $-65.00K
Free Cash Flow $-19.25M $-8.58M $-21.86M $-32.79M $-34.53M $-46.55M $-62.23M $-29.92M $-52.01M $54.17M $-45.43M $-8.28M $-42.55M $-36.14M $-34.80M $-27.14M $-17.51M $-20.39M $-15.96M $-21.31M

Mersana Therapeutics, Inc. (MRSN)

Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts.

Healthcare Biotechnology

$0.43

Stock Price

$53.95M

Market Cap

102

Employees

Cambridge, MA

Location

Revenue (FY 2024)

$40.50M

9.9% YoY

Net Income (FY 2024)

$-69.19M

59.7% YoY

EPS (FY 2024)

$-0.56

62.2% YoY

Free Cash Flow (FY 2024)

$-82.47M

51.8% YoY

Profitability

Gross Margin

96.0%

Net Margin

-170.9%

ROE

727.6%

ROA

-47.8%

Valuation

P/E Ratio

-2.53

P/S Ratio

4.33

EV/EBITDA

-1.52

Market Cap

$53.95M

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$-82.34M

51.2% YoY

Free Cash Flow

$-82.47M

51.8% YoY

Balance Sheet Summary

Total Assets

$144.66M

-36.0% YoY

Total Debt

$28.60M

15.5% YoY

Shareholder Equity

$-9.51M

-124.4% YoY

Dividend Overview

No Dividend Data

Mersana Therapeutics, Inc. doesn't currently pay dividends.

Mersana Therapeutics Dividends

Explore Mersana Therapeutics's dividend history, including dividend yield, payout ratio, and historical payments.

Mersana Therapeutics does not currently pay a dividend.

Mersana Therapeutics News

Read the latest news about Mersana Therapeutics, including recent articles, headlines, and updates.

Mersana Therapeutics Announces Upcoming Emi-Le Oral and Poster Presentations at ASCO 2025 Annual Meeting

CAMBRIDGE, Mass., April 23, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that the following presentations related to emiltatug ledadotin (Emi-Le; XMT-1660), Mersana's B7-H4-directed Dolasynthen ADC, will be given at the American Society of Clinical Oncology (ASCO) 2025 Annual Meeting taking place May 30-June 3, 2025 at McCormick Place, Chicago, IL:

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Mersana Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

CAMBRIDGE, Mass., April 04, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that on April 1, 2025, an authorized sub-committee of the Board of Directors of Mersana granted an inducement award, consisting of a restricted stock unit (RSU) award to acquire 26,790 shares of its common stock, to one new employee whose employment commenced in March 2025. The award was granted as an inducement material to the new employee entering employment with Mersana in accordance with Nasdaq Listing Rule 5635(c)(4).

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Mersana Therapeutics Announces Upcoming Oral Presentation of Emi-Le Clinical Data at European Society for Medical Oncology (ESMO) Breast Cancer 2025 Annual Congress

CAMBRIDGE, Mass., April 01, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that Phase 1 dose escalation and backfill cohort clinical data for emiltatug ledadotin (Emi-Le; XMT-1660) will be presented in an oral session at the ESMO Breast Cancer 2025 Annual Congress, which is being held from May 14-17, 2025, in Munich, Germany.

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Mersana Therapeutics, Inc. (MRSN) Reports Q4 Loss, Tops Revenue Estimates

Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.16 per share a year ago.

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Mersana Therapeutics Provides Business Update and Announces Fourth Quarter and Full Year 2024 Financial Results

CAMBRIDGE, Mass., March 03, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the fourth quarter and full year ended December 31, 2024.

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Mersana Therapeutics to Present at Upcoming Investor Conferences

CAMBRIDGE, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that members of management will participate in the following upcoming investor events:

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Mersana Therapeutics to Host Fourth Quarter and Year End 2024 Conference Call on March 3, 2025

CAMBRIDGE, Mass., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the fourth quarter and full year ended December 31, 2024 on Monday, March 3, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning.

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Mersana Therapeutics to Participate in the Guggenheim SMID Cap Biotech Conference

CAMBRIDGE, Mass., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that members of management will participate in a fireside chat at the Guggenheim SMID Cap Biotech Conference on February 6, 2025 at 1:30 p.m. ET. A live webcast of this event will be available on the Investors & Media section of Mersana's website at www.mersana.com, and an archived replay will be available for approximately 90 days following the event.

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Why Is Cancer-Focused Mersana Therapeutics Stock Trading Lower On Friday?

On Friday, Mersana Therapeutics Inc. MRSN released initial data from the Phase 1 dose escalation and backfill cohorts for emiltatug ledadotin.

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Mersana Therapeutics Announces Additional FDA Fast Track Designation Granted to Emiltatug Ledadotin (XMT-1660)

Conference call to discuss positive initial Phase 1 clinical data today at 8:30 a.m. ET Conference call to discuss positive initial Phase 1 clinical data today at 8:30 a.m. ET

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Mersana Therapeutics Announces Positive Initial Clinical Data from Phase 1 Clinical Trial of Emiltatug Ledadotin (XMT-1660); Initiation of Expansion in Triple Negative Breast Cancer

- Emiltatug ledadotin observed to be generally well tolerated with differentiated safety and tolerability profile - Promising clinical activity observed in patients with triple-negative breast cancer (TNBC) previously treated with topoisomerase-1 inhibitor (topo-1) ADCs; confirmed responses observed across all enrolled tumor types - First expansion cohort initiated in patients with TNBC previously treated with at least one topo-1 ADC; dose exploration efforts ongoing - Company announces expected 2025 milestones and areas of focus - Conference call today at 8:30 a.m. ET

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Mersana Therapeutics: We're About To Find Out If ADC Platform Is More Tolerable

Mersana Therapeutics is developing novel antibody-drug conjugates targeting a heretofore untapped immune checkpoint, as well as HER2 from another angle. The company has an operational runway of 6-7 quarters excluding collaboration revenues. The promise of phase 1 trial data gives us a chance to see if Mersana's ADC platform can make drugs that are more tolerable than those being developed by competitors.

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Mersana Therapeutics, Inc. (MRSN) Q3 2024 Earnings Call Transcript

Mersana Therapeutics, Inc. (NASDAQ:MRSN ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Jason Fredette - SVP, IR Martin Huber - President & CEO Mohan Bala - SVP, Chief Development Officer Brian DeSchuytner - CFO & COO Conference Call Participants Tara Bancroft - TD Cowen Yen-Der Li - Leerink Partners Charles Zhu - LifeSci Capital Ashiq Mubarack - Citi Yige Guo - Guggenheim Justin Zelin - BTIG Operator Good morning, and welcome to Mersana Therapeutics Third Quarter 2024 Conference Call. Currently all participants are in listen-only mode.

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Mersana Therapeutics, Inc. (MRSN) Reports Q3 Loss, Tops Revenue Estimates

Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.35 per share a year ago.

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Mersana Therapeutics Provides Business Update and Announces Third Quarter 2024 Financial Results

CAMBRIDGE, Mass., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the third quarter ended September 30, 2024.

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Mersana Therapeutics to Host Third Quarter 2024 Conference Call on November 13, 2024

CAMBRIDGE, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning.

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Mersana Therapeutics, Inc. (MRSN) Reports Q2 Loss, Misses Revenue Estimates

Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.47 per share a year ago.

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Mersana Therapeutics Provides Business Update and Announces Second Quarter 2024 Financial Results

CAMBRIDGE, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the second quarter ended June 30, 2024.

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Mersana Therapeutics to Host Second Quarter 2024 Conference Call on August 13, 2024

CAMBRIDGE, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the second quarter ended June 30, 2024 on Tuesday, August 13, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning.

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Mersana Therapeutics, Inc. (MRSN) Q1 2024 Earnings Call Transcript

Mersana Therapeutics, Inc. (NASDAQ:MRSN ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Jason Fredette - Senior Vice President, Investor Relations & Corporate Communications Martin Huber - President & Chief Executive Officer Brian DeSchuytner - Chief Financial Officer & Chief Operating Officer Conference Call Participants Tara Bancroft - TD Cowen Kaveri Pohlman - BTIG Dylan Drakes - Leerink Partners Brian Cheng - JPMorgan Michael Schmidt - Guggenheim Asthika Goonewardene - Truist Ashiq Mubarack - Citi Colleen Kusy - Baird Operator Good morning, and welcome to the Mersana Therapeutics First Quarter 2024 Conference Call and Webcast. Currently, all participants are in listen-only mode.

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Mersana Therapeutics, Inc. (MRSN) Reports Q1 Loss, Misses Revenue Estimates

Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.52 per share a year ago.

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Mersana Therapeutics Provides Business Update and Announces First Quarter 2024 Financial Results

CAMBRIDGE, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the first quarter ended March 31, 2024.

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Mersana Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

CAMBRIDGE, Mass., May 03, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that on May 1, 2024, an authorized sub-committee of the Board of Directors of Mersana granted an inducement award, consisting of a restricted stock unit (RSU) award to acquire 35,100 shares of its common stock, to one new employee whose employment commenced in April 2024. The award was granted as an inducement material to the new employee entering employment with Mersana in accordance with Nasdaq Listing Rule 5635(c)(4).

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Mersana Therapeutics to Host First Quarter 2024 Conference Call on May 9, 2024

CAMBRIDGE, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning.

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Mersana Therapeutics, Inc. (MRSN) Q4 2023 Earnings Call Transcript

Mersana Therapeutics, Inc. (MRSN) Q4 2023 Earnings Call Transcript

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Mersana Therapeutics, Inc. (MRSN) Reports Q4 Loss, Lags Revenue Estimates

Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.44 per share a year ago.

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Mersana Therapeutics Provides Business Update and Announces Fourth Quarter and Full Year 2023 Financial Results

CAMBRIDGE, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the fourth quarter and full year ended December 31, 2023.

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