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Monday, February 28, 2022

Mersana 2021 results and update

 

  • UPLIFT on track to complete enrollment Q3 2022, UP-NEXT to initiate in Q2 2022, and UPGRADE on track for 2H 2022 interim data readout

  • XMT-1660 and XMT-2056 expected to enter clinic mid-2022

  • Research collaboration and license agreement with Janssen leverages Mersana’s ADC expertise and Dolasynthen platform

  • Strengthened financial position with $40 million upfront payment from Janssen, $45.6 million in proceeds from strategic use of ATM with participation from long-term investors, and up to $100 million from line of credit

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