MacroGenics, Inc., a biopharmaceutical company, discovers and develops antibody-based therapeutics to treat cancer in the United States. The company's approved product is MARGENZA (margetuximab-cmkb), a human epidermal growth factor receptor 2 (HER2) receptor antagonist indicated, in combination with chemotherapy, for the treatment of adult patients with metastatic HER2-positive breast cancer who have received two or more prior anti-HER2 regimens. Its pipeline of immuno-oncology product candidates includes Margetuximab, a monoclonal antibody, which is in Phase II/III clinical trial for the treatment of breast and gastroesophageal cancers. The company is also developing Flotetuzumab, a DART molecule that recognizes CD123 and CD3 for treating acute myeloid leukemia; Retifanlimab, an investigational monoclonal antibody targeting metastatic squamous cell carcinoma of the anal canal and metastatic non-small cell lung cancer; Enoblituzumab, a monoclonal antibody that targets B7-H3; and Tebotelimab, an investigational tetravalent DART molecule for PD-1 and lymphocyte-activation gene 3. In addition, it is developing MGC018, an antibody drug conjugate (ADC), which targets solid tumors expressing B7-H3; MGD019, a monoclonal antibody that targets the immune checkpoints PD-1 and cytotoxic T-lymphocyte-associated protein 4; and IMGC936, an ADC that targets ADAM9, a cell surface protein over-expressed in various solid tumor types. Further, the company's non-immuno-oncology clinical product candidates include MGD014, a DART molecule to target the envelope protein of human immunodeficiency virus infected cells and T cells; Teplizumab for the treatment of type 1 diabetes; and PRV-3279, a CD32B Ã CD79B DART molecule for the treatment of autoimmune indications. It has collaborations with Incyte Corporation; Zai Lab Limited; I-Mab Biopharma; Janssen Biotech, Inc.; and Alligator Bioscience AB (publ). The company was incorporated in 2000 and is headquartered in Rockville, Maryland.
IPO Year: 2013
Exchange: NASDAQ
Website: macrogenics.com
Date | Price Target | Rating | Analyst |
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11/7/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
8/1/2024 | Buy → Neutral | BTIG Research | |
7/31/2024 | $18.00 → $5.00 | Buy → Neutral | B. Riley Securities |
7/31/2024 | Buy → Neutral | Guggenheim | |
5/10/2024 | $24.00 → $8.00 | Outperform → Market Perform | BMO Capital Markets |
5/10/2024 | $29.00 → $7.00 | Buy → Hold | Stifel |
5/10/2024 | Buy → Hold | TD Cowen | |
4/26/2024 | $25.00 | Buy | B. Riley Securities |
4/9/2024 | Hold → Buy | TD Cowen | |
3/4/2024 | $12.00 → $24.00 | Buy | BTIG Research |