Mateon Therapeutics Inc Gets a Buy from Maxim GroupBy Austin Angelo
“Mateon announced the results of the first interim analysis (FOCUS study) of lead combretastatin, CA4P, in platinum resistant ovarian cancer, demonstrating a positive safety profile, as well as early signs of efficacy.”
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Mateon Therapeutics Inc has an analyst consensus of Moderate Buy.
Based on Mateon Therapeutics Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $0 and GAAP net loss of $3.45 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $3.33 million.
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Mateon Therapeutics, Inc. is a biopharmaceutical company, which focus on the development of vascular disrupting agents, or VDAs, for the treatment of cancer. It products include VDAs-CA4P and OXi4503. The company was founded in 1988 and is headquartered in South San Francisco, CA.