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Martin Huber; President, CEO & Director; Mersana Therapeutics Inc. Mohan Bala; Senior VP & Chief Development Officer; Mersana Therapeutics Inc. Brian DeSchuytner; Senior VP, CFO & COO; Mersana Therapeutics Inc. Thank you, Jason, and good morning, everyone. I'm pleased to report that Mersana made significant progress in the third quarter as we continued to dose escalate in our Phase I clinical trials of both XMT-1660 and XMT-2056. We also achieved multiple milestones in our research collaborations, and we maintained the strength of our balance sheet. These accomplishments position us well as we prepare to disclose initial XMT-1660 clinical data at a company event by the end of this year. XMT-1660 is Mersana's ADC candidate targeting B7-H4 that was developed using Dolasynthen platform with site-specific bioconjugation and a drug-to-antibody ratio of six. We believe it has the opportunity","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-mersana-therapeutics-inc-063244652.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LENZ","MRSN"],"gpt_icon":0},{"id":"2483836484","title":"Mersana Therapeutics Shares Climb 23% After 3Q Results Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2483836484","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483836484?lang=en_us&edition=fundamental","pubTime":"2024-11-14 00:30","pubTimestamp":1731515400,"startTime":"0","endTime":"0","summary":"Shares of Mersana Therapeutics jumped Wednesday after the company's loss narrowed and its third-quarter results topped analysts' expectations.The stock was up 23% to $2.71 in morning trading. For the year, shares are up 16%.The biopharmaceutical company posted a loss of $11.5 million, or nine cents a share, compared with a loss of $41.7 million, or 35 cents a share, a year earlier. Analysts polled by FactSet had expected a loss of 17 cents.The Cambridge, Mass.-based company's revenue rose to $12.6 million from $7.7 million the prior year, above analysts expectations of $7.5 million.Mersana's cash, cash equivalents and marketable securities were $155.2 million as of Sept. 30. The company expects its capital resources will be sufficient to support its operations through 2026.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4563","BK4139","MRSN","LENZ"],"gpt_icon":0},{"id":"2483880569","title":"Mersana Therapeutics Inc reports results for the quarter ended September 30 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2483880569","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483880569?lang=en_us&edition=fundamental","pubTime":"2024-11-13 23:26","pubTimestamp":1731511573,"startTime":"0","endTime":"0","summary":"Mersana Therapeutics Inc reports results for the quarter ended September 30 - Earnings SummaryMersana Therapeutics Inc MRSN.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter e","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241113:nL8N3MK22J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MRSN"],"gpt_icon":0},{"id":"2483007600","title":"BRIEF-Mersana Therapeutics Provides Business Update And Announces Q3 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2483007600","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483007600?lang=en_us&edition=fundamental","pubTime":"2024-11-13 21:28","pubTimestamp":1731504511,"startTime":"0","endTime":"0","summary":"BRIEF-Mersana Therapeutics Provides Business Update And Announces Q3 2024 Financial ResultsNov 13  - Mersana Therapeutics Inc MRSN.O:MERSANA THERAPEUTICS PROVIDES BUSINESS UPDATE AND ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTSMERSANA THERAPEUTICS: CASH, CASH EQUIVALENTS & MARKETABLE SECURITIES AS OF SEPTEMBER 30, 2024, WERE $155.2 MILLIONSource text: nGNXbJTT8gFurther company coverage: MRSN.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241113:nTUA5X7XQW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4563","MRSN","BK4139"],"gpt_icon":0},{"id":"2483250838","title":"Mersana Therapeutics, Inc. (MRSN) Reports Q3 Loss, Tops Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2483250838","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483250838?lang=en_us&edition=fundamental","pubTime":"2024-11-13 21:10","pubTimestamp":1731503403,"startTime":"0","endTime":"0","summary":"Mersana Therapeutics, Inc.  came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.20, delivering a surprise of -11.11%.Mersana Therapeutics , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $12.6 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 32.82%. This compares to year-ago revenues of $7.7 million. The company has topped consensus revenue estimates just once over the last four quarters.While Mersana Therapeutics has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?Investors should be mindful of t","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9tpS8u8rAmiEoUItmUZeOA--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/090f58c1efbe3555b861102525e50b39","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9tpS8u8rAmiEoUItmUZeOA--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/090f58c1efbe3555b861102525e50b39"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/mersana-therapeutics-inc-mrsn-reports-131003104.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MRSN"],"gpt_icon":0},{"id":"2483005062","title":"BRIEF-Mersana Therapeutics Q3 EPS USD -0.09","url":"https://stock-news.laohu8.com/highlight/detail?id=2483005062","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483005062?lang=en_us&edition=fundamental","pubTime":"2024-11-13 20:01","pubTimestamp":1731499295,"startTime":"0","endTime":"0","summary":"Nov 13 (Reuters) - Mersana Therapeutics Q3 net income USD -11.501 million. * Q3 collaboration revenue USD 12.598 million","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["USD","LENZ","MRSN"],"gpt_icon":0},{"id":"2483005754","title":"Mersana Therapeutics Q3 EPS USD -0.09","url":"https://stock-news.laohu8.com/highlight/detail?id=2483005754","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483005754?lang=en_us&edition=fundamental","pubTime":"2024-11-13 20:00","pubTimestamp":1731499250,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241113:nPLX47AB18:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4563","BK4139","MRSN"],"gpt_icon":0}],"pageSize":16,"totalPage":4,"pageCount":3,"totalSize":55}]}}