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Compugen to Release Second Quarter 2024 Results on Tuesday, August 6, 2024

Key Takeaway: Compugen Ltd. announced the upcoming release of its second quarter 2024 financial results on August 6, 2024, before U.S. markets open. The company will host a conference call at 8:30 AM ET to discuss these results and provide a corporate update. Compugen specializes in cancer immunotherapy, with key product candidates including COM701 and COM902, aimed at targeting various pathways in cancer treatment. Their ongoing development with AstraZeneca and Gilead highlights the company's active engagement in the immuno-oncology field.
Price reaction · baseline $1.82 (2024-07-22 close) · hit after-hours · clean, no other CGEN news in the window
day 0 close · peak
+1.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Compugen is set to release its Q2 2024 financial results, indicating transparency with shareholders.
  • Management will provide a corporate update during the conference call, showcasing engagement with investors.
  • The company is advancing its immunotherapy pipeline with promising candidates like COM701 and COM902.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+50%
120-day peak, hindsight
Typical move
5.3%
average across 4 past catalysts
Lead asset
COM701
Phase 1 · Advanced Cancer

Full Press Release Details

HOLON, Israel, July 23, 2024 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN) (TASE: CGEN) a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, today announced that the Company will release its second quarter 2024 financial results on Tuesday, August 6, 2024, before the U.S. financial markets open. Management will host a conference call and webcast to review the results and provide a corporate update at 8:30 AM ET.
To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link. Following the live webcast, a replay will be available on the Company's website.
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class antibody targeting TIGIT for the treatment of solid tumors. Rilvegostomig, a PD-1/TIGIT bispecific antibody where the TIGIT component is derived from Compugen's clinical stage anti-TIGIT antibody, COM902, is in Phase 3 development by AstraZeneca through a license agreement for the development of bispecific and multispecific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, of which the most advanced program, COM503, in IND enabling studies is licensed to Gilead. COM503 is a potential first-in-class, high affinity antibody which blocks the interaction between IL-18 binding protein and IL-18, thereby freeing natural IL-18 in the tumor microenvironment to inhibit cancer growth. Compugen is headquartered in Israel, with offices in San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications
Email: [email protected]

Frequently Asked Questions

When will Compugen release its Q2 2024 financial results?

Compugen will release its Q2 2024 financial results on August 6, 2024.

How can I access Compugen's live conference call?

You can access it by calling 1-866-744-5399 in the U.S. or +972-3-918-0644 internationally.

What are Compugen's main product candidates?

Compugen's main candidates include COM701 and COM902, targeting cancer immunotherapy.

Which company is developing rilvegostomig?

AstraZeneca is developing rilvegostomig, a PD-1/TIGIT bispecific antibody.

What does the COM503 program target?

COM503 aims to block IL-18 binding, potentially inhibiting cancer growth.

Last updated: Jul 23, 2024