Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company focusing on the development of oncology therapeutics in the United States and Canada. The company develops Dolaflexin, an antibody drug conjugate (ADC) platform designed to enhance the potency and efficacy of ADCs while simultaneously enhancing the safety and tolerability. Its lead product candidates include XMT-1522, an ADC targeting HER2-expressing tumors, which is in Phase I clinical trial for treating patients with breast cancer, non-small-cell-lung-cancer (NSCLC), and gastric cancer; and XMT-1536, an ADC targeting NaPi2b that is in Phase I clinical trial for the treatment of patients with ovarian cancer, NSCLC, and other cancers. Mersana Therapeutics, Inc. has strategic alliances with Takeda Pharmaceutical Company Limited; Merck KGaA; and Asana BioSciences, LLC. 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 2002 and is based in Cambridge, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MRSN
Previous Symbol
CUSIPN/A
Phone617-498-0020
Debt
Debt-to-Equity RatioN/A
Current Ratio2.86
Quick Ratio2.86
Price-To-Earnings
Trailing P/E Ratio-1.59
Forward P/E Ratio-2.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$17.55 million
Price / Sales6.76
Cash FlowN/A
Price / CashN/A
Book Value$3.08 per share
Price / Book1.66
Profitability
EPS (Most Recent Fiscal Year)($3.22)
Net Income$-38,700,000.00
Net Margins-440.47%
Return on Equity-110.44%
Return on Assets-49.85%
Miscellaneous
Employees78
Outstanding Shares23,180,000
Market Cap$146.05 million
OptionableNot Optionable
Mersana Therapeutics (NASDAQ:MRSN) Frequently Asked Questions
What is Mersana Therapeutics' stock symbol?
Mersana Therapeutics trades on the NASDAQ under the ticker symbol "MRSN."
How were Mersana Therapeutics' earnings last quarter?
Mersana Therapeutics Inc (NASDAQ:MRSN) posted its quarterly earnings results on Tuesday, November, 13th. The company reported ($0.75) earnings per share for the quarter, missing the consensus estimate of ($0.59) by $0.16. The firm had revenue of $2.15 million for the quarter, compared to the consensus estimate of $3.98 million. Mersana Therapeutics had a negative return on equity of 110.44% and a negative net margin of 440.47%. View Mersana Therapeutics' Earnings History.
When is Mersana Therapeutics' next earnings date?
What price target have analysts set for MRSN?
6 equities research analysts have issued twelve-month price objectives for Mersana Therapeutics' stock. Their predictions range from $16.00 to $61.00. On average, they anticipate Mersana Therapeutics' share price to reach $28.60 in the next twelve months. This suggests a possible upside of 458.6% from the stock's current price. View Analyst Price Targets for Mersana Therapeutics.
What is the consensus analysts' recommendation for Mersana Therapeutics?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mersana Therapeutics.
Has Mersana Therapeutics been receiving favorable news coverage?
Press coverage about MRSN stock has trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Mersana Therapeutics earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Mersana Therapeutics' key competitors?
Some companies that are related to Mersana Therapeutics include Collegium Pharmaceutical (COLL), CymaBay Therapeutics (CBAY), Rocket Pharmaceuticals (RCKT), Ra Pharmaceuticals (RARX), Basilea Pharmaceutica (BPMUF), Arvinas (ARVN), Insys Therapeutics (INSY), Eidos Therapeutics (EIDX), Arcus Biosciences (RCUS), GlycoMimetics (GLYC), ChemoCentryx (CCXI), Innate Pharma (IPHYF), Clementia Pharmaceuticals (CMTA), Kezar Life Sciences (KZR) and Beyondspring (BYSI).
Who are Mersana Therapeutics' key executives?
Mersana Therapeutics' management team includes the folowing people:
- Ms. Anna Protopapas, Pres, CEO & Director (Age 54)
- Mr. Timothy B. Lowinger, Sr. VP & Chief Scientific Officer (Age 54)
- Dr. Donald A. Bergstrom, Former Sr. VP & Chief Medical Officer (Age 46)
- Mr. Mikhail Papisov Ph.D., Co-Founder
- Mr. Wayne Foster, VP of Fin.
When did Mersana Therapeutics IPO?
(MRSN) raised $75 million in an initial public offering (IPO) on Wednesday, June 28th 2017. The company issued 5,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners served as the underwriters for the IPO and Wedbush PacGrow was co-manager.
Who are Mersana Therapeutics' major shareholders?
Mersana Therapeutics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.43%), EcoR1 Capital LLC (2.14%), JPMorgan Chase & Co. (1.38%), JPMorgan Chase & Co. (1.38%), Allianz Asset Management GmbH (0.20%) and American Century Companies Inc. (0.05%). Company insiders that own Mersana Therapeutics stock include M James Barrett and Timothy B Lowinger. View Institutional Ownership Trends for Mersana Therapeutics.
Which institutional investors are selling Mersana Therapeutics stock?
Which institutional investors are buying Mersana Therapeutics stock?
How do I buy shares of Mersana Therapeutics?
Shares of MRSN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mersana Therapeutics' stock price today?
One share of MRSN stock can currently be purchased for approximately $5.12.
How big of a company is Mersana Therapeutics?
Mersana Therapeutics has a market capitalization of $146.05 million and generates $17.55 million in revenue each year. The company earns $-38,700,000.00 in net income (profit) each year or ($3.22) on an earnings per share basis. Mersana Therapeutics employs 78 workers across the globe.
What is Mersana Therapeutics' official website?
How can I contact Mersana Therapeutics?
Mersana Therapeutics' mailing address is 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139. The company can be reached via phone at 617-498-0020 or via email at [email protected]
MarketBeat Community Rating for Mersana Therapeutics (NASDAQ MRSN)
MarketBeat's community ratings are surveys of what our community members think about Mersana Therapeutics and other stocks. Vote "Outperform" if you believe MRSN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRSN will underperform the S&P 500 over the long term. You may vote once every thirty days.
