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Compass Therapeutics Reports Positive Phase 2/3 BTC Results

Story Highlights
  • Compass reported Phase 2/3 data showing tovecimig plus paclitaxel significantly improved progression-free survival and response rates over paclitaxel in second-line biliary tract cancer.
  • High crossover confounded overall survival comparisons, but crossover patients lived notably longer and most participants received tovecimig, supporting its potential to change care and drive Compass’s regulatory strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Compass Therapeutics Reports Positive Phase 2/3 BTC Results

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Compass Therapeutics ( (CMPX) ) has provided an announcement.

On April 27, 2026, Compass Therapeutics reported full secondary endpoint data from its COMPANION-002 randomized Phase 2/3 trial of tovecimig plus paclitaxel versus paclitaxel alone in 168 patients with second-line biliary tract cancer. The combination delivered a statistically significant median progression-free survival of 4.7 months versus 2.6 months, and previously disclosed data showed an overall response rate of 17.1% versus 5.3%, reinforcing the drug’s potential in a population with no approved second-line standard of care.

Overall survival did not reach statistical significance in the intent-to-treat analysis because 54% of control patients crossed over to receive tovecimig, but those crossover patients achieved a median overall survival of 12.8 months compared with 6.1 months for non-crossover controls. With 85% of trial participants ultimately receiving tovecimig and a pooled median overall survival of 8.9 months, together with a manageable safety profile, the results position Compass to pursue regulatory discussions and underscore the candidate’s promise to reshape treatment expectations in advanced biliary tract cancer.

The most recent analyst rating on (CMPX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Compass Therapeutics stock, see the CMPX Stock Forecast page.

Spark’s Take on CMPX Stock

According to Spark, TipRanks’ AI Analyst, CMPX is a Neutral.

The score is primarily shaped by weak operating fundamentals (minimal revenue, ongoing losses, and cash burn) partially offset by a strong balance sheet and a favorable corporate update indicating cash runway into 2028 and advancing pipeline milestones. Technical indicators remain soft, and valuation is difficult to support due to negative earnings and no dividend.

To see Spark’s full report on CMPX stock, click here.

More about Compass Therapeutics

Compass Therapeutics, Inc. is a Boston-based, clinical-stage, oncology-focused biopharmaceutical company listed on Nasdaq under the ticker CMPX. The company develops proprietary antibody-based therapeutics, including the DLL4 x VEGF-A bispecific antibody tovecimig, targeting difficult-to-treat cancers such as unresectable advanced, metastatic or recurrent biliary tract cancer in patients lacking actionable mutations.

Average Trading Volume: 2,354,304

Technical Sentiment Signal: Buy

Current Market Cap: $905.8M

See more data about CMPX stock on TipRanks’ Stock Analysis page.

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