Key Performance
More- Earnings Score: N/A
- Momentum Score: 66
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
Crescent Biopharma Reports Second Quarter 2026 Financial Results and Recent Business Highlights
Crescent Biopharma reported Q2 2026 results with continued enrollment in its ASCEND Phase 1/2 trial for CR-001, a PD-1 x VEGF bispecific antibody. The company completed a $143.7 million public offering extending cash runway to H2 2028 and announced multiple clinical data readouts expected beginning Q1 2027. R&D expenses increased to $19.4 million due to expanded clinical activities, while the company maintains strategic partnerships with Kelun-Biotech for development in Greater China.
07/30/2026, 7:35 AM • GlobeNewswire
Crescent Biopharma Announces Pricing of Public Offering of Ordinary Shares and Pre-Funded Warrants
Crescent Biopharma (Nasdaq: CBIO), a clinical-stage oncology biotechnology company, announced the pricing of an underwritten public offering of 8.1 million ordinary shares at $14.50 per share and 525,897 pre-funded warrants at $14.499 per warrant, expected to raise approximately $125 million in gross proceeds. The offering is expected to close on July 16, 2026, with underwriters granted a 30-day option to purchase an additional 1.3 million shares.
07/14/2026, 9:45 PM • GlobeNewswire
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Company Profile
Crescent Biopharma, Inc., a biotechnology company, researches and develops cancer therapy candidates in the United States. Its pipeline includes CR-001, which is in Phase 3 clinical trial, a proprietary anti-PD-1/anti-VEGF bispecific antibody to treat solid tumors; and CR-002, and CR-003. The company has a strategic partnership with Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. for the development and commercialization of oncology therapeutics. The company was formerly known as GlycoMimetics, Inc. The company was founded in 2024 and is headquartered in Waltham, Massachusetts.