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Healthcare - Biotechnology - NASDAQ - US
$ 2.21
-12.3 %
$ 271 M
Market Cap
-2.6
P/E
1. INTRINSIC VALUE

Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc.[ Read More ]

The intrinsic value of one MRSN stock under the base case scenario is HIDDEN Compared to the current market price of 2.21 USD, Mersana Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MRSN

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FINANCIALS
36.9 M REVENUE
38.65%
-171 M OPERATING INCOME
16.48%
-172 M NET INCOME
15.94%
-169 M OPERATING CASH FLOW
-242.12%
120 M INVESTING CASH FLOW
178.50%
94.7 M FINANCING CASH FLOW
-38.13%
12.6 M REVENUE
449.41%
-12.1 M OPERATING INCOME
52.59%
-11.5 M NET INCOME
52.61%
-8.58 M OPERATING CASH FLOW
60.75%
28.5 M INVESTING CASH FLOW
416.32%
-23 K FINANCING CASH FLOW
-15.03%
Balance Sheet Decomposition Mersana Therapeutics, Inc.
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Current Assets 214 M
Cash & Short-Term Investments 209 M
Receivables 0
Other Current Assets 4.97 M
Non-Current Assets 12 M
Long-Term Investments 0
PP&E 11.5 M
Other Non-Current Assets 478 K
Current Liabilities 63.6 M
Accounts Payable 7.32 M
Short-Term Debt 5.48 M
Other Current Liabilities 50.8 M
Non-Current Liabilities 126 M
Long-Term Debt 28.4 M
Other Non-Current Liabilities 97.2 M
EFFICIENCY
Earnings Waterfall Mersana Therapeutics, Inc.
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Revenue 36.9 M
Cost Of Revenue 148 M
Gross Profit -111 M
Operating Expenses 208 M
Operating Income -171 M
Other Expenses 713 K
Net Income -172 M
RATIOS
-302.30% GROSS MARGIN
-302.30%
-463.86% OPERATING MARGIN
-463.86%
-465.80% NET MARGIN
-465.80%
-465.18% ROE
-465.18%
-75.94% ROA
-75.94%
-275.14% ROIC
-275.14%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Mersana Therapeutics, Inc.
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Net Income -172 M
Depreciation & Amortization 1.52 M
Capital Expenditures -2.17 M
Stock-Based Compensation 21.1 M
Change in Working Capital -18.8 M
Others -43.8 M
Free Cash Flow -171 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Mersana Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for MRSN of $3 , with forecasts ranging from a low of $3 to a high of $3 .
MRSN Lowest Price Target Wall Street Target
3 USD 35.75%
MRSN Average Price Target Wall Street Target
3 USD 35.75%
MRSN Highest Price Target Wall Street Target
3 USD 35.75%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Mersana Therapeutics, Inc.
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Sold
0-3 MONTHS
217 K USD 6
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
177 K USD 7
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 28, 2024
Sell 3.58 K USD
Bala Mohan
SVP, Chief Development Officer
- 1884
1.9 USD
1 month ago
Oct 02, 2024
Sell 16.2 K USD
DeSchuytner Brian
SVP, COO & CFO
- 8089
2 USD
1 month ago
Oct 03, 2024
Sell 11 K USD
DeSchuytner Brian
SVP, COO & CFO
- 5598
1.96 USD
1 month ago
Oct 02, 2024
Sell 16.2 K USD
Carvajal Alejandra
SVP, Chief Legal Officer
- 8089
2 USD
1 month ago
Oct 03, 2024
Sell 11 K USD
Carvajal Alejandra
SVP, Chief Legal Officer
- 5598
1.96 USD
1 month ago
Oct 02, 2024
Sell 16.2 K USD
Bala Mohan
SVP, Chief Development Officer
- 8089
2 USD
1 month ago
Oct 03, 2024
Sell 11 K USD
Bala Mohan
SVP, Chief Development Officer
- 5598
1.96 USD
1 month ago
Oct 02, 2024
Sell 9.71 K USD
Mandelia Ashish
VP, Chief Accounting Officer
- 4855
2 USD
1 month ago
Oct 03, 2024
Sell 6.59 K USD
Mandelia Ashish
VP, Chief Accounting Officer
- 3361
1.96 USD
1 month ago
Oct 02, 2024
Sell 16.2 K USD
Lowinger Timothy B
SVP, Chief Sci.&Tech. Officer
- 8089
2 USD
1 month ago
Oct 03, 2024
Sell 11 K USD
Lowinger Timothy B
SVP, Chief Sci.&Tech. Officer
- 5598
1.96 USD
2 months ago
Sep 12, 2024
Sell 88.7 K USD
Huber Martin H. Jr.
President, CEO
- 50423
1.76 USD
10 months ago
Jan 16, 2024
Sell 79.7 K USD
Protopapas Anna
Director
- 29399
2.71 USD
10 months ago
Jan 16, 2024
Sell 9.1 K USD
MISRA TUSHAR
SVP, Chief Manuf. Officer
- 3357
2.71 USD
10 months ago
Jan 16, 2024
Sell 13.6 K USD
Mandelia Ashish
VP, Chief Accounting Officer
- 5025
2.71 USD
10 months ago
Jan 16, 2024
Sell 28.2 K USD
Lowinger Timothy B
SVP, Chief Sci.&Tech. Officer
- 10409
2.71 USD
10 months ago
Jan 16, 2024
Sell 11.9 K USD
Carvajal Alejandra
SVP, Chief Legal Officer
- 4381
2.71 USD
10 months ago
Jan 16, 2024
Sell 25.3 K USD
DeSchuytner Brian
SVP, COO & CFO
- 9327
2.71 USD
10 months ago
Jan 16, 2024
Sell 9.3 K USD
Bala Mohan
SVP, Chief Development Officer
- 3431
2.71 USD
1 year ago
Oct 26, 2023
Sell 2.16 K USD
Bala Mohan
SVP, Chief Development Officer
- 1912
1.13 USD
1 year ago
Aug 17, 2023
Sell 2.25 K USD
MISRA TUSHAR
SVP, Chief Manuf. Officer
- 1908
1.18 USD
1 year ago
Apr 27, 2023
Sell 15.3 K USD
Carvajal Alejandra
SVP, Chief Legal Officer
- 3944
3.89 USD
1 year ago
Jan 17, 2023
Sell 12.7 K USD
Yang Arvin
SVP, Chief Medical Officer
- 2209
5.74 USD
1 year ago
Jan 17, 2023
Sell 99.6 K USD
Protopapas Anna
President & CEO
- 17346
5.74 USD
1 year ago
Jan 17, 2023
Sell 20.5 K USD
Mandelia Ashish
VP, Controller
- 3575
5.74 USD
1 year ago
Jan 17, 2023
Sell 2.63 K USD
MISRA TUSHAR
SVP, CMO
- 458
5.74 USD
1 year ago
Jan 17, 2023
Sell 35.8 K USD
Lowinger Timothy B
SVP, Chief Sci.&Tech. Off.
- 6233
5.74 USD
1 year ago
Jan 17, 2023
Sell 29.5 K USD
DeSchuytner Brian
SVP, Chief Financial Officer
- 5131
5.74 USD
1 year ago
Jan 17, 2023
Sell 4.49 K USD
Carvajal Alejandra
SVP, Chief Legal Officer
- 782
5.74 USD
1 year ago
Dec 01, 2022
Sell 36.4 K USD
Yang Arvin
Chief Medical Officer
- 5527
6.59 USD
2 years ago
Aug 16, 2022
Sell 13.3 K USD
MISRA TUSHAR
Chief Manufacturing Officer
- 1879
7.1 USD
2 years ago
May 31, 2022
Bought 47.2 K USD
Hack Andrew A. F.
director:
+ 14760
3.1966 USD
2 years ago
May 31, 2022
Bought 265 K USD
Hack Andrew A. F.
Director
+ 80759
3.2786 USD
2 years ago
May 24, 2022
Bought 239 K USD
Hack Andrew A. F.
director:
+ 75000
3.1859 USD
2 years ago
May 25, 2022
Bought 286 K USD
Hack Andrew A. F.
Director
+ 90155
3.175 USD
2 years ago
May 24, 2022
Bought 329 K USD
Hack Andrew A. F.
Director
+ 100000
3.2899 USD
2 years ago
May 19, 2022
Bought 52.2 K USD
Hack Andrew A. F.
director:
+ 15599
3.3494 USD
2 years ago
May 20, 2022
Bought 346 K USD
Hack Andrew A. F.
Director
+ 100000
3.4557 USD
2 years ago
May 19, 2022
Bought 349 K USD
Hack Andrew A. F.
Director
+ 100000
3.4862 USD
2 years ago
May 18, 2022
Bought 707 K USD
Hack Andrew A. F.
Director
+ 211268
3.3477 USD
2 years ago
May 16, 2022
Bought 11 K USD
Hack Andrew A. F.
director:
+ 3440
3.1838 USD
2 years ago
May 16, 2022
Bought 419 K USD
Hack Andrew A. F.
Director
+ 135292
3.1003 USD
2 years ago
Apr 26, 2022
Sell 14.6 K USD
Carvajal Alejandra
Chief Legal Officer
- 3948
3.69 USD
2 years ago
Apr 13, 2022
Bought 2.5 M USD
Hack Andrew A. F.
director:
+ 617284
4.05 USD
2 years ago
Apr 12, 2022
Bought 2.5 M USD
Hack Andrew A. F.
director:
+ 598086
4.1798 USD
2 years ago
Feb 07, 2022
Bought 5.02 M USD
Hack Andrew A. F.
Director
+ 1136363
4.42 USD
2 years ago
Jan 18, 2022
Sell 28.1 K USD
Lowinger Timothy B
Chief Science & Tech Off.
- 4741
5.92 USD
2 years ago
Jan 18, 2022
Sell 11.7 K USD
Mandelia Ashish
VP, Controller
- 1982
5.92 USD
2 years ago
Dec 30, 2021
Bought 5.01 M USD
Hack Andrew A. F.
Director
+ 815000
6.15 USD
2 years ago
Dec 29, 2021
Bought 5.03 M USD
Hack Andrew A. F.
Director
+ 875000
5.75 USD
2 years ago
Dec 01, 2021
Sell 37.6 K USD
Yang Arvin
Chief Medical Officer
- 5527
6.81 USD
3 years ago
Aug 20, 2021
Sell 24.4 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2216
11.01 USD
3 years ago
Jul 20, 2021
Sell 27 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
12.11 USD
3 years ago
Jul 16, 2021
Sell 97 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 7775
12.47 USD
3 years ago
Jul 19, 2021
Sell 102 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 8496
12.02 USD
3 years ago
Jul 16, 2021
Sell 72 K USD
Kaufman Michael J.
Chief Manufacturing Officer
- 5776
12.47 USD
3 years ago
Jul 19, 2021
Sell 75.9 K USD
Kaufman Michael J.
Chief Manufacturing Officer
- 6312
12.02 USD
3 years ago
Jul 16, 2021
Sell 250 K USD
Protopapas Anna
President & CEO
- 20043
12.47 USD
3 years ago
Jul 19, 2021
Sell 263 K USD
Protopapas Anna
President & CEO
- 21901
12.02 USD
3 years ago
Jul 01, 2021
Sell 25.6 K USD
Lowinger Timothy B
CS & Technology Officer
- 1886
13.6 USD
3 years ago
Jul 01, 2021
Sell 12.8 K USD
Mandelia Ashish
VP, Controller
- 942
13.6 USD
3 years ago
Jun 21, 2021
Sell 30.6 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2218
13.78 USD
3 years ago
Jun 01, 2021
Bought 14.9 K USD
Alleva Lawrence M
Director
+ 1035
14.38 USD
3 years ago
May 20, 2021
Sell 31.4 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
14.1 USD
3 years ago
Apr 20, 2021
Sell 35.4 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
15.91 USD
3 years ago
Mar 22, 2021
Sell 39 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
17.5 USD
3 years ago
Feb 22, 2021
Sell 44.6 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
20.01 USD
3 years ago
Jan 20, 2021
Sell 48 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
21.54 USD
3 years ago
Jan 19, 2021
Sell 11.6 K USD
Mandelia Ashish
VP, Controller
- 545
21.28 USD
3 years ago
Jan 12, 2021
Bought 1.36 M USD
Hack Andrew A. F.
Director
+ 75000
18.16 USD
3 years ago
Jan 11, 2021
Bought 1.39 M USD
Hack Andrew A. F.
Director
+ 75000
18.52 USD
3 years ago
Jan 08, 2021
Bought 1.84 M USD
Hack Andrew A. F.
Director
+ 100000
18.39 USD
3 years ago
Jan 04, 2021
Sell 6.61 K USD
Mandelia Ashish
VP, Controller
- 247
26.76 USD
3 years ago
Dec 21, 2020
Sell 57 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
25.6 USD
3 years ago
Dec 21, 2020
Sell 57 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
25.59 USD
3 years ago
Nov 20, 2020
Sell 51.4 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
23.06 USD
3 years ago
Nov 20, 2020
Sell 51.3 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
23.04 USD
4 years ago
Oct 21, 2020
Sell 39 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
17.5 USD
4 years ago
Oct 20, 2020
Sell 37.3 K USD
Lowinger Timothy B
Chief Science & Tech. Officer
- 2227
16.74 USD
4 years ago
Sep 21, 2020
Sell 92 K USD
Lowinger Timothy B
Chief Science, Tech. Officer
- 4454
20.6574 USD
4 years ago
Sep 21, 2020
Sell 256 K USD
Lowinger Timothy B
Chief Science, Tech. Officer
- 12411
20.6574 USD
4 years ago
Sep 14, 2020
Sell 775 K USD
Jack Eva M.
Chief Bus. Officer, Tres, Sec.
- 35248
22 USD
4 years ago
Jun 30, 2020
Bought 16.5 K USD
Mandelia Ashish
VP, Controller
+ 3383
4.87 USD
4 years ago
Jul 02, 2020
Sell 76.1 K USD
Mandelia Ashish
VP, Controller
- 3383
22.49 USD
4 years ago
Jun 01, 2020
Bought 16.1 K USD
Alleva Lawrence M
Director
+ 700
22.94 USD
4 years ago
Jun 01, 2020
Bought 8.84 K USD
Alleva Lawrence M
Director
+ 385
22.97 USD
4 years ago
Apr 13, 2020
Sell 14.8 K USD
SANDELL SCOTT D
10 percent owner
- 1650
8.977 USD
4 years ago
Apr 14, 2020
Sell 2.53 K USD
SANDELL SCOTT D
10 percent owner
- 274
9.22 USD
4 years ago
Apr 13, 2020
Sell 27.4 K USD
BASKETT FOREST
10 percent owner
- 3190
8.5761 USD
4 years ago
Apr 13, 2020
Sell 178 K USD
SANDELL SCOTT D
10 percent owner
- 20914
8.5003 USD
4 years ago
Apr 13, 2020
Sell 178 K USD
Florence Anthony A. Jr.
10 percent owner
- 20914
8.5003 USD
4 years ago
Apr 13, 2020
Sell 178 K USD
BASKETT FOREST
10 percent owner
- 20914
8.5003 USD
5 years ago
Aug 28, 2019
Sell 3.52 K USD
New Enterprise Associates 14, L.P.
10 percent owner
- 1211
2.91 USD
4 years ago
Apr 07, 2020
Bought 5 M USD
Hack Andrew A. F.
Director
+ 645667
7.74 USD
4 years ago
Apr 07, 2020
Bought 15.7 M USD
Hack Andrew A. F.
Director
+ 2800000
5.59 USD
4 years ago
Apr 07, 2020
Bought 3.01 M USD
MOTT DAVID M
Director
+ 538599
5.59 USD
7. News
Mersana Therapeutics, Inc. (MRSN) Q3 2024 Earnings Call Transcript Mersana Therapeutics, Inc. (NASDAQ:MRSN ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Jason Fredette - SVP, IR Martin Huber - President & CEO Mohan Bala - SVP, Chief Development Officer Brian DeSchuytner - CFO & COO Conference Call Participants Tara Bancroft - TD Cowen Yen-Der Li - Leerink Partners Charles Zhu - LifeSci Capital Ashiq Mubarack - Citi Yige Guo - Guggenheim Justin Zelin - BTIG Operator Good morning, and welcome to Mersana Therapeutics Third Quarter 2024 Conference Call. Currently all participants are in listen-only mode. seekingalpha.com - 3 days ago
Mersana Therapeutics, Inc. (MRSN) Reports Q3 Loss, Tops Revenue Estimates Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.35 per share a year ago. zacks.com - 3 days ago
Mersana Therapeutics Provides Business Update and Announces Third Quarter 2024 Financial Results CAMBRIDGE, Mass., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the third quarter ended September 30, 2024. globenewswire.com - 3 days ago
Mersana Therapeutics to Host Third Quarter 2024 Conference Call on November 13, 2024 CAMBRIDGE, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning. globenewswire.com - 1 week ago
Mersana Therapeutics, Inc. (MRSN) Reports Q2 Loss, Misses Revenue Estimates Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.47 per share a year ago. zacks.com - 3 months ago
Mersana Therapeutics Provides Business Update and Announces Second Quarter 2024 Financial Results CAMBRIDGE, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the second quarter ended June 30, 2024. globenewswire.com - 3 months ago
Mersana Therapeutics to Host Second Quarter 2024 Conference Call on August 13, 2024 CAMBRIDGE, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that it will provide business updates and report its financial results for the second quarter ended June 30, 2024 on Tuesday, August 13, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern Time that morning. globenewswire.com - 3 months ago
Mersana Therapeutics to Present at Upcoming Investor Conferences CAMBRIDGE, Mass., May 22, 2024 (GLOBE NEWSWIRE) --  Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that members of management will present at the following upcoming investor conferences: globenewswire.com - 5 months ago
Mersana Therapeutics, Inc. (MRSN) Q1 2024 Earnings Call Transcript Mersana Therapeutics, Inc. (NASDAQ:MRSN ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Jason Fredette - Senior Vice President, Investor Relations & Corporate Communications Martin Huber - President & Chief Executive Officer Brian DeSchuytner - Chief Financial Officer & Chief Operating Officer Conference Call Participants Tara Bancroft - TD Cowen Kaveri Pohlman - BTIG Dylan Drakes - Leerink Partners Brian Cheng - JPMorgan Michael Schmidt - Guggenheim Asthika Goonewardene - Truist Ashiq Mubarack - Citi Colleen Kusy - Baird Operator Good morning, and welcome to the Mersana Therapeutics First Quarter 2024 Conference Call and Webcast. Currently, all participants are in listen-only mode. seekingalpha.com - 6 months ago
Mersana Therapeutics, Inc. (MRSN) Reports Q1 Loss, Misses Revenue Estimates Mersana Therapeutics, Inc. (MRSN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.52 per share a year ago. zacks.com - 6 months ago
Mersana Therapeutics Provides Business Update and Announces First Quarter 2024 Financial Results CAMBRIDGE, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today provided a business update and reported financial results for the first quarter ended March 31, 2024. globenewswire.com - 6 months ago
Mersana Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) CAMBRIDGE, Mass., May 03, 2024 (GLOBE NEWSWIRE) -- Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that on May 1, 2024, an authorized sub-committee of the Board of Directors of Mersana granted an inducement award, consisting of a restricted stock unit (RSU) award to acquire 35,100 shares of its common stock, to one new employee whose employment commenced in April 2024. The award was granted as an inducement material to the new employee entering employment with Mersana in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 6 months ago
8. Profile Summary

Mersana Therapeutics, Inc. MRSN

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 271 M
Dividend Yield 0.00%
Description Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates (ADC) for cancer patients with unmet need. It develops XMT-1592, a Dolasynthen ADC targeting NaPi2b-expressing tumor cells, which is in phase I clinical trial for the treatment of ovarian cancer and NSCLC adenocarcinoma. The company also develops XMT-1660, a B7-H4-targeted Dolasynthen ADC candidate; and XMT-2056, an immunosynthen development candidate. It has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. 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 2001 and is headquartered in Cambridge, Massachusetts.
Contact 840 Memorial Drive, Cambridge, MA, 02139 https://www.mersana.com
IPO Date June 28, 2017
Employees 123
Officers Mr. Mikhail Papisov Ph.D. Co-Founder Mr. Ashish Mandelia Chief Accounting Officer Mr. Chuck Miller Senior Vice President of Regulatory Affairs Mr. Brian C. DeSchuytner Senior Vice President, Chief Financial Officer & Chief Operating Officer Dr. Timothy B. Lowinger Ph.D. Senior Vice President and Chief Science & Technology Officer Mr. Mohan Bala Ph.D. Senior Vice President & Chief Development Officer Mr. Jason Fredette Senior Vice President of Investor Relations & Corporate Communications Mr. Marc Damelin Exe. Director and Head of Biology, Oncology, Antibody-Drug Conjugate ADC Discovery & Develop. Dr. Martin H. Huber M.D. President, Chief Executive Officer & Director Ms. Alejandra Veronica Carvajal J.D. Senior Vice President, Secretary & Chief Legal Officer