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Marker Therapeutics Announces Positive APOLLO Study Results and Strategic Advances

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Marker Therapeutics Announces Positive APOLLO Study Results and Strategic Advances

TipRanks Cyber Monday Sale

An update from Marker Therapeutics ( (MRKR) ) is now available.

Marker Therapeutics reported promising results from its APOLLO study, showing a 66% objective response rate and a 50% complete response rate in relapsed Non-Hodgkin lymphoma patients treated with MT-601. The company also treated the first patient in its Off-the-Shelf program for Acute Myeloid Leukemia and Myelodysplastic Syndrome, and entered a manufacturing collaboration with Cellipont Bioservices to scale up production, strengthening its operational and financial position.

The most recent analyst rating on (MRKR) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Marker Therapeutics stock, see the MRKR Stock Forecast page.

Spark’s Take on MRKR Stock

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

Marker Therapeutics is positioned in the biotechnology industry, characterized by high potential but also significant risks. The company exhibits strong revenue growth but faces challenges with profitability and cash flow. Technical indicators present a mixed outlook, with some potential for price reversals. The valuation reflects typical industry dynamics, favoring growth over profitability. Investors should be cautious, focusing on the company’s ability to manage cash flow and improve operational efficiencies to support future growth.

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

More about Marker Therapeutics

Marker Therapeutics, Inc. is a clinical-stage immuno-oncology company focused on developing next-generation T cell-based therapies. The company primarily targets relapsed or refractory B-cell lymphoma and other cancers, with a market focus on innovative cancer treatments.

Average Trading Volume: 1,004,027

Technical Sentiment Signal: Strong Sell

Current Market Cap: $12.21M

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

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