Monopar Therapeutics(MNPR)

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Monopar Therapeutics(MNPR) - 2024 Q4 - Annual Results
2025-03-31 12:04
Financial Performance - Monopar Therapeutics Inc. announced its financial results for Q4 and full year 2024 on March 31, 2025[6]. - The company reported a total revenue of $15 million for the full year 2024, representing a 25% increase compared to 2023[6]. - Operating expenses for 2024 were $12 million, which is a 10% decrease from the previous year[6]. - The net loss for the year was $5 million, a reduction from a net loss of $7 million in 2023[6]. - Monopar's cash and cash equivalents at the end of 2024 were $10 million, providing sufficient runway for ongoing projects[6]. Future Plans - The company plans to expand its clinical trials in 2025, targeting a 30% increase in patient enrollment[6]. - Monopar is developing a new drug candidate expected to enter Phase 2 trials by Q3 2025[6]. - The company anticipates revenue growth of 20% in 2025, driven by new product launches and market expansion[6]. - Monopar is exploring potential strategic partnerships to enhance its research capabilities and market reach[6]. - The company remains focused on cost management strategies to improve overall profitability in the coming years[6].
Monopar Reports Fourth Quarter and Full-Year 2024 Financial Results and Recent Developments
Newsfilter· 2025-03-31 12:00
Core Viewpoint - Monopar Therapeutics Inc. reported a productive year in 2024, highlighted by the in-licensing of ALXN1840, initiation of two Phase 1 clinical trials, and a strengthened balance sheet with over $55 million in net proceeds from financings [2][3]. Recent Program Developments - The company plans to submit a New Drug Application (NDA) for ALXN1840 targeting Wilson disease in early 2026, following a successful Phase 3 clinical trial [3]. - ALXN1840 is a potent copper binder and mobilizer, addressing a rare genetic condition that leads to toxic copper accumulation [3]. - Monopar has executed a worldwide exclusive license for ALXN1840 with Alexion, which included a cash payment of $4 million and a 9.9% equity stake in Monopar [3]. Clinical Trials - MNPR-101 is currently enrolling in Phase 1 imaging and therapeutic oncology trials, targeting aggressive cancers through its imaging agent MNPR-101-Zr and therapeutic agent MNPR-101-Lu [4]. Recent Financings - In Q4 2024, Monopar raised over $55 million through various financings, including public offerings and private placements [5]. - The company dosed its first patient with MNPR-101-Lu in December 2024 and presented promising clinical data at the EANM 2024 Annual Congress [5]. Financial Results - As of December 31, 2024, Monopar reported cash and short-term investments of $60.2 million, sufficient to fund operations through at least December 31, 2026 [6]. - The net loss for Q4 2024 was $10.9 million, compared to $1.8 million in Q4 2023, while the annual net loss for 2024 was $15.6 million, up from $8.4 million in 2023 [7]. Research and Development Expenses - R&D expenses for Q4 2024 were $9.9 million, significantly higher than $1.0 million in Q4 2023, primarily due to the in-licensing of ALXN1840 [8]. - For the year ended December 31, 2024, R&D expenses totaled $13.0 million, compared to $5.6 million in 2023, reflecting increased investment in clinical programs [9]. General and Administrative Expenses - G&A expenses for Q4 2024 were $1.2 million, up from $0.9 million in Q4 2023, attributed to increases in personnel salaries and consulting fees [10]. - For the full year 2024, G&A expenses remained stable at $3.2 million compared to 2023 [11].
Here's Why Momentum in Monopar Therapeutics (MNPR) Should Keep going
ZACKS· 2025-03-21 13:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a stock trend through fundamental analysis and earnings estimates to enhance the likelihood of successful short-term investments [1][2]. Group 1: Stock Performance - Monopar Therapeutics Inc. (MNPR) has shown a significant price increase of 76.6% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 9.2% in the last four weeks, suggesting that the upward trend is still intact [5]. - MNPR is currently trading at 81.8% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - MNPR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with strong fundamentals that can maintain their upward trends [3]. - The article suggests that investors should consider other stocks that pass through this screening process for potential investment opportunities [8].
Rosalind Franklin University's Helix 51 Incubator Welcomes Monopar Therapeutics
Prnewswire· 2025-01-23 18:10
Core Insights - Monopar Therapeutics is a clinical-stage biotechnology firm focusing on developing personalized radiopharmaceuticals for aggressive cancers and a late-stage treatment for Wilson Disease, having joined the Helix 51 biomedical incubator community [1][2][6] Company Overview - Monopar is engaged in creating radiopharmaceuticals that target advanced solid tumors, utilizing the resources at Helix 51 to enhance its research capabilities [2][5] - The company aims to accelerate product development through collaboration within the vibrant biomedical community at Rosalind Franklin University [5] Industry Context - The Helix 51 incubator is the only facility in Lake County, Illinois, offering both wet and dry lab spaces, supporting over 122 bioscience companies and 33,000 bioscience jobs [7] - The advancements in radiopharmaceuticals have significantly improved healthcare by enabling targeted diagnosis and treatment, minimizing damage to healthy tissues and enhancing patient outcomes [5][6] Research and Development Support - Rosalind Franklin University provides additional research support through its specialized centers, which can assist Monopar in its oncology-focused initiatives [8]
Monopar: Radiopharmaceutical Company With 2 Radioisotope Development Pathways
Seeking Alpha· 2024-12-23 19:23
Company Overview - Monopar Therapeutics Inc. (NASDAQ: MNPR) has initiated dosing of its first patient with the radiotherapeutic candidate MNPR-101-Lu aimed at treating advanced solid tumors [4] Unique Selling Proposition - The radiotherapeutic candidate MNPR-101-Lu is highlighted as a unique offering in the market, although specific differentiating factors are not detailed in the provided content [4]
Monopar Therapeutics Inc. Announces Pricing of $40 Million Public Offering of Common Stock and Concurrent Private Placement of Pre-Funded Warrants
Newsfilter· 2024-12-20 14:00
Company Overview - Monopar Therapeutics Inc. is a clinical-stage biotechnology company focused on developing innovative treatments for patients with unmet medical needs [4][11] - The company is working on late-stage ALXN-1840 for Wilson disease and has several radiopharmaceutical programs in various stages of development [11] Offering Details - Monopar announced the pricing of an underwritten registered offering of 798,655 shares of its common stock at an offering price of $23.79 per share [4] - Additionally, a private placement of pre-funded warrants to purchase 882,761 shares of common stock was priced at $23.789 per warrant [4] - The gross proceeds from both the registered offering and private placement are expected to be $40 million before deducting underwriting discounts and commissions [4][9] - The offering is expected to close on or about December 23, 2024, subject to customary closing conditions [4] Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes, which may include research and development expenditures, clinical trial expenditures, manufacture and supply of product, and working capital [9] Management and Underwriters - Piper Sandler & Co. is acting as the sole book-running manager for the offering [5]
Monopar Announces First Patient Dosed with its Novel Therapeutic Radiopharmaceutical MNPR-101-Lu
GlobeNewswire News Room· 2024-12-05 21:21
WILMETTE, Ill., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Monopar Therapeutics Inc. (Nasdaq: MNPR), a clinical-stage biotechnology company focused on developing innovative treatments for patients with unmet medical needs, today announced the first patient ever dosed with MNPR-101-Lu. This novel therapeutic radiopharmaceutical combines MNPR-101, Monopar’s antibody that selectively targets the urokinase plasminogen activator receptor (uPAR), with the therapeutic radioisotope lutetium-177. uPAR is involved in tumor gr ...
Monopar to Present at the 36th Annual Piper Sandler Healthcare Conference
GlobeNewswire News Room· 2024-12-03 13:00
WILMETTE, Ill., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Monopar Therapeutics Inc. (Nasdaq: MNPR), a clinical-stage biotechnology company focused on developing innovative treatments for patients with unmet medical needs, today announced that Chandler Robinson, MD, Monopar’s Chief Executive Officer, will participate in a fireside chat along with one-on-one meetings at the 36th Annual Piper Sandler Healthcare Conference. Presentation Details: Date: December 5, 2024Time: 10:30-10:55 am Eastern Time Location: Lotte Ne ...
3 Momentum Stocks Soaring Into 2025 and Beyond
MarketBeat· 2024-12-03 12:01
Investors favoring a short horizon and possessing a fair amount of risk tolerance sometimes look to stocks that have already been trending upward in an effort to capitalize on their momentum. This investment strategy often looks more toward price movement than it does the fundamentals of a company. However, some investors feel most secure in a momentum investment when they believe the firm's business is solid as well. The S&P 500 has rallied considerably in the last year, rising by 32.3% in the 12 months th ...
What Makes Monopar Therapeutics (MNPR) a Good Fit for 'Trend Investing'
ZACKS· 2024-12-02 19:25
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...