Xencor, Inc. (NASDAQ: XNCR) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “XNCR’s 4Q19 EPS update was largely in line with our thesis as we see 2020 as a year of gaining visibility on the critical paths for wholly-owned T-cell engagers (TCEs), most notably plamotamab for B cell malignancies, which showed potential for advancement at ASH this past year. We see the next steps for plamotamab as locking down dose and schedule in 2020, and we expect incremental news from other pipeline candidates, which we see as valuation expansion opportunities. 4Q19 EPS was ($0.45) versus our ($0.47) forecast, but reflected lower revenue and R&D expense than we had estimated.”
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About Xencor, Inc.
Xencor is a clinical-stage biopharmaceutical company developing engineered monoclonal antibodies for the treatment of cancer and autoimmune diseases. Currently, 15 candidates engineered with Xencor’s XmAb® technology are in clinical development internally and with partners. Xencor’s XmAb antibody engineering technology enables small changes to the structure of monoclonal antibodies resulting in new mechanisms of therapeutic action. For more information, please visit www.xencor.com.
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