Compass Therapeutics

Compass Therapeutics

CMPX
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CMPX · Stock Price

USD 1.81-0.01 (-0.55%)
Market Cap: $329.6M

Historical price data

Overview

Compass Therapeutics is a public, clinical-stage biotech focused on developing sophisticated antibody-based immunotherapies for cancer. The company's strategy centers on leveraging its proprietary technology platforms to rapidly generate diverse therapeutic candidates designed to modulate the tumor microenvironment and coordinate a comprehensive immune attack. With a market cap of approximately $930M, Compass is advancing a pipeline of novel agents, with its lead candidate, tovecimig, in clinical development, aiming to address significant unmet needs in oncology.

Oncology

Technology Platform

Proprietary discovery and optimization platforms designed for rapid identification of diverse therapeutic antibody leads with a focus on modulating the tumor microenvironment and bridging innate and adaptive immunity.

Pipeline

7
7 drugs in pipeline1 in Phase 3
DrugIndicationStageWatch
CTX-009 + PaclitaxelBiliary Tract CancerPhase 2/3
CTX-009Metastatic Colorectal CancerPhase 2
CTX-009 + CTX-471GlioblastomaPhase 1/2
Gemcitabine + Cisplatin + Durvalumab + CTX-009Metastatic Biliary Tract CancerPhase 1/2
CTX-009 (ABL001) + Paclitaxel + IrinotecanP1b: Advanced Solid TumorsPhase 1/2

Funding History

3
Total raised:$272M
IPO$100M
Series B$132M
Series A$40M

Opportunities

The company is positioned to address the large, unmet need in immuno-oncology for patients resistant to current therapies.
Its platform approach could yield multiple clinical candidates for combination regimens, a dominant commercial model in oncology.
Positive clinical data from its lead asset could trigger significant valuation re-rating and partnership interest.

Risk Factors

The company faces high clinical development risk with its lead candidate in early-stage trials.
It operates in an intensely competitive field against larger, better-funded players.
As a pre-revenue company, it will require substantial additional capital, risking shareholder dilution.

Competitive Landscape

Compass competes in the crowded antibody and immuno-oncology space against numerous clinical-stage biotechs and large pharma. Differentiation hinges on proving the novelty and clinical superiority of its 'immune bridge' mechanism and the productivity of its discovery platform. Success likely requires strategic partnerships for later-stage development.