Medicenna Therapeutics (OTCMKTS:MDNAF) Posts Quarterly Earnings Results, Beats Estimates By $999.05 EPS

Medicenna Therapeutics (OTCMKTS:MDNAFGet Free Report) issued its earnings results on Thursday. The company reported $999.00 EPS for the quarter, topping the consensus estimate of ($0.05) by $999.05, reports.

Medicenna Therapeutics Trading Down 0.6%

MDNAF stock opened at $0.29 on Friday. Medicenna Therapeutics has a 1-year low of $0.25 and a 1-year high of $1.43. The company’s fifty day simple moving average is $0.36. The company has a market capitalization of $26.67 million, a price-to-earnings ratio of -1.81 and a beta of 1.71.

Medicenna Therapeutics Company Profile

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Medicenna Therapeutics Corp. is a clinical-stage biopharmaceutical company focused on developing next-generation cytokine-based immunotherapies for cancer and central nervous system disorders. The company applies protein-engineering approaches to create engineered cytokine therapeutics designed to enhance anti-tumor activity while reducing systemic toxicity, aiming to broaden the therapeutic window for immunomodulatory agents.

Medicenna’s pipeline includes proprietary candidates such as MDNA55, an engineered interleukin-4 (IL-4) receptor-targeted fusion protein developed for intratumoral treatment of recurrent glioblastoma and other brain tumors, and MDNA11, a long-acting engineered interleukin-2 (IL-2) “superkine” intended to stimulate anti-tumor immune responses in solid tumors with an improved safety profile.

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