CytomX Therapeutics Inc. shares soared more than 50% in the extended session Thursday after the small biotech company announced a partnership with Moderna...
CytomX Therapeutics Inc. CTMX shares soared more than 50% in the extended session Thursday after the small biotech company announced a partnership with Moderna Inc. MRNA CytomX shares were last up 57% after hours, following a 7.2% rise to close the regular session at $1.79. Under the agreement, CytomX gets a $35 million up-front payment, and is eligible for up to $1.2 billion in additional payments to research and develop “messenger RNA-based conditionally activated therapeutics” with Moderna.
... CytomX Therapeutics Inc. CTMX shares soared more than 50% in the extended session Thursday after the small biotech company announced a partnership with Moderna Inc. MRNA CytomX shares were last up 57% after hours, following a 7.2% rise to close the regular session at $1.79. Under the agreement, CytomX gets a $35 million up-front payment, and is eligible for up to $1.
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