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Crescent Biopharma Q2 EPS $(0.74) Beats $(0.79) Estimate

BenzingaJul 30, 2026, 12:14 PMBenzinga Newsdesk

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Jul 30, 2026, 12:14 PM
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Jul 30, 2026, 12:13 PM
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  1. Globenewswire IncJul 30, 2026, 11:35 AMNot Specified

    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.

    Read original at globenewswire-inc