Strong Clinical Progress for CX-2051
Phase I study of CX-2051 showed promising results with a 28% response rate, significantly higher than current standard of care. Preliminary median progression-free survival reached 5.8 months, compared to 2-3 months for existing treatments.
Increased Enrollment and Expansion in Trials
Enrollment for CX-2051's Phase I study has significantly increased, reaching approximately 100 patients, which provides a robust data set for analysis.
Financial Stability and Efficient Capital Allocation
The company ended the quarter with $143.6 million in cash and investments, ensuring operations are funded until at least the second quarter of 2027.
New Strategic Appointment
Rachael Lester joined as Chief Business Officer, bringing valuable strategic planning and business development experience.
Progress in CX-801 Program
CX-801, in combination with KEYTRUDA, is showing positive initial biomarker data in advanced melanoma, indicating robust interferon signaling and immune activation.