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TRACON PHARMS INC - TCON STOCK NEWS

Welcome to our dedicated page for TRACON PHARMS news (Ticker: TCON), a resource for investors and traders seeking the latest updates and insights on TRACON PHARMS stock.

TRACON Pharmaceuticals, Inc. (symbol: TCON) is a clinical-stage biopharmaceutical company dedicated to developing and commercializing targeted therapeutics for the treatment of cancer and wet age-related macular degeneration (AMD). The firm's leading clinical-stage product is Envafolimab (KN035), an investigational PD-L1 single-domain antibody designed for the treatment of soft tissue sarcoma.

The company's portfolio also includes:

  • DE-122: Currently in a randomized Phase IIa study targeting wet AMD.
  • TRC102: A small molecule in Phase II clinical trials for mesothelioma, Phase I trials for solid tumors, and additional trials for lymphomas and lung cancer.
  • TRC253: In Phase II clinical trials for treating metastatic castration-resistant prostate cancer.
  • TJ004309: A CD73 antibody in Phase I development for solid tumors.

TRACON Pharmaceuticals operates on a cost-efficient, contract research organization (CRO)-independent product development platform. This unique approach allows the company to partner with ex-U.S. companies, facilitating the development and commercialization of innovative therapies within the United States.

The company's collaborative efforts and licensing agreements with other firms reinforce its commitment to delivering cutting-edge treatments. Financially, TRACON demonstrates resilience and strategic growth, leveraging partnerships to advance their clinical trials and ensure a pipeline of promising therapeutic candidates.

For investors, TRACON Pharmaceuticals represents a significant opportunity in the biopharmaceutical landscape, driven by a robust pipeline of investigational drugs and a strategic focus on effective, targeted cancer therapies.

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FAQ

What is the current stock price of TRACON PHARMS (TCON)?

The current stock price of TRACON PHARMS (TCON) is $0.0571 as of September 6, 2024.

What is the market cap of TRACON PHARMS (TCON)?

The market cap of TRACON PHARMS (TCON) is approximately 4.3M.

What does TRACON Pharmaceuticals specialize in?

TRACON Pharmaceuticals focuses on developing and commercializing targeted therapeutics for cancer and wet age-related macular degeneration (AMD).

What is Envafolimab (KN035)?

Envafolimab (KN035) is an investigational PD-L1 single-domain antibody currently in clinical trials for treating soft tissue sarcoma.

What products are in TRACON's clinical pipeline?

TRACON's pipeline includes Envafolimab, DE-122, TRC102, TRC253, and TJ004309, targeting various cancers and wet AMD.

What is TRC102 designed to treat?

TRC102 is a small molecule in clinical trials for mesothelioma, solid tumors, lung cancer, and lymphomas.

How does TRACON Pharmaceuticals conduct its product development?

TRACON uses a cost-efficient, CRO-independent platform, partnering with ex-U.S. companies to develop and commercialize therapies in the U.S.

What phase is TRC253 currently in?

TRC253 is in Phase II clinical trials for metastatic castration-resistant prostate cancer.

What is unique about TRACON's development approach?

TRACON's independent product development platform allows for cost-efficient and strategic partnerships to advance their drug candidates.

Are there any financial highlights for TRACON Pharmaceuticals?

TRACON has shown strategic growth and resilience, leveraging partnerships to advance their clinical trials and expand their therapeutic pipeline.

What is DE-122 aimed at treating?

DE-122 is aimed at treating wet age-related macular degeneration (AMD) and is currently in a randomized Phase IIa study.

What partnerships does TRACON Pharmaceuticals have?

TRACON collaborates with ex-U.S. companies for the development and commercialization of innovative products within the United States.

TRACON PHARMS INC

Nasdaq:TCON

TCON Rankings

TCON Stock Data

4.29M
2.68M
1.73%
4.18%
6.2%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
San Diego