UTRECHT, The Netherlands, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Merus N.V. (Nasdaq:MRUS), a clinical-stage immuno-oncology company developing innovative bispecific antibody therapeutics, today announced financial results for the second quarter ended June 30, 2016 and provided a review of recent accomplishments and clinical development plans.
“We ended the second quarter with €71.1 million of cash and cash equivalents, which provides us with the funding to achieve several development milestones,” said Ton Logtenberg, PhD, Chief Executive Officer of Merus. “We look forward to reporting on the progress of our lead HER2 x HER3 bispecific candidate, MCLA-128, our CLEC12A x CD3 bispecific candidate, MCLA-117, as well as our earlier stage pipeline.”
“We ended the second quarter with €71.1 million of cash and cash equivalents, which provides us with the funding to achieve several development milestones,” said Ton Logtenberg, PhD, Chief Executive Officer of Merus. “We look forward to reporting on the progress of our lead HER2 x HER3 bispecific candidate, MCLA-128, our CLEC12A x CD3 bispecific candidate, MCLA-117, as well as our earlier stage pipeline.”
