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29.08 USD
EPS
-13.95
P/B
-2.44
Beta
0.43
Mersana Therapeutics, Inc. logo

Mersana Therapeutics, Inc.

🧾 Earnings Recap – Q2 2025

Mersana Therapeutics delivered strong second quarter results, marked by promising clinical data for its lead candidate, Emi-Le, particularly in triple-negative breast cancer (TNBC) and adenoid cystic carcinoma, driving ongoing dose expansion efforts.

  • Emi-Le demonstrated a 31% objective response rate in B7-H4 high tumor expression patients during the recent ASCO and ESMO presentations.
  • The drug showed a heightened response rate of 56% in a poor-prognosis subgroup with adenoid cystic carcinoma, reinforcing its potential across various tumor types.
  • Enrollment for the Emi-Le Phase I expansion is proceeding well, with over 45 patients already enrolled, and initial data expected in the second half of 2025.
  • Mersana anticipates significant market potential for Emi-Le, particularly among post-topoisomerase 1 patients, as evolving treatment standards create substantial unmet needs.
  • The company achieved a $15 million milestone with partner GSK related to its HER2-targeting Immunosynthen ADC, XMT-2056, currently in Phase I trials.
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Key Metrics
Earnings dateMarch 2, 2026
EPS-13.95
Book Value-11.91
Price to Book-2.44
Debt/Equity390.80
% Insiders1.466%
Growth
Revenue Growth-0.13%
Estimates
Forward P/E-2.62
Forward EPS-11.11

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Mersana Therapeutics, Inc. Logo Mersana Therapeutics, Inc. Analysis (MRSN)

United States Health Care Official Website Stock

Is Mersana Therapeutics, Inc. a good investment? Mersana Therapeutics, Inc. (MRSN) is currently trading at 29.08 USD.

Earnings Schedule: Mersana Therapeutics, Inc. is expected to release its next earnings report on March 2, 2026. The market consensus estimate for Forward EPS is -11.11.

Investor FAQ

Does Mersana Therapeutics, Inc. pay a dividend?

No, it does not currently pay a dividend.

What asset class is Mersana Therapeutics, Inc.?

Mersana Therapeutics, Inc. is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be March 2, 2026. The company currently has a trailing EPS of -13.95.

Company Profile

Mersana Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops antibody-drug conjugates (ADC) for cancer patients with unmet needs. The company develops Emi-Le (XMT-1660), a B7-H4-targeting Dolasynthen ADC candidate, which is in Phase 1 clinical trial; and XMT-2056, an Immunosynthen ADC targeting a novel human epidermal growth factor receptor 2 that is in Phase 1 clinical trial. Its preclinical products portfolio includes XMT-2068 and XMT-2175. It has strategic research and development collaborations with Janssen Biotech, Inc., Ares Trading S.A., Merck KGaA, and Asana Biosciences, LLC for the development of ADC product candidates. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts. As of January 6, 2026, Mersana Therapeutics, Inc. operates as a subsidiary of Day One Biopharmaceuticals, Inc.

Exchange Ticker
NMS (United States) MRSN
FRA (Germany) 0M4.F

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Split Date Split Ratio to 1
July 28, 2025 0.040000
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