Crescent Biopharma, Inc. logo

CBIOCrescent Biopharma, Inc.

NASDAQ · Healthcare · Biotechnology

$18.66

+$0.73 (+4.10%)

Crescent Biopharma, Inc. (CBIO) is a biotechnology company listed on NASDAQ. It is led by Joshua T. Brumm, based in 300 Fifth Avenue, Waltham, MA, United States, 02451, with about 55 employees. Crescent Biopharma, Inc., a biotechnology company, researches and develops cancer therapy candidates in the United States. Its pipeline includes CR-001, which is in Phase 3 clinical trial, a proprietary anti-PD-1/anti-VEGF bispecific antibody to treat solid tumors; and CR-002, and CR-003. The company has a strategic partnership with Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. for the development and commercialization of oncology therapeutics. The company was formerly known as GlycoMimetics, Inc. The company was founded in 2024 and is headquartered in Waltham, Massachusetts.

Net income was -$24.6M. CBIO currently screens at market cap $491.3M.

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About Crescent Biopharma, Inc.

Crescent Biopharma, Inc., a biotechnology company, researches and develops cancer therapy candidates in the United States. Its pipeline includes CR-001, which is in Phase 3 clinical trial, a proprietary anti-PD-1/anti-VEGF bispecific antibody to treat solid tumors; and CR-002, and CR-003. The company has a strategic partnership with Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. for the development and commercialization of oncology therapeutics. The company was formerly known as GlycoMimetics, Inc. The company was founded in 2024 and is headquartered in Waltham, Massachusetts.

CBIO Key Statistics

Market Cap

$491.31M

Volume

58,099

Previous Close

$16.97

Day Range

$17.02$17.65

0

P/B Ratio

2.78

EPS

-$0.59

Revenue

$0.00

Net Income

-$37.88M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

55

CBIO Financials

Annual income statement in USD. Latest reported periods first.

CBIO annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$37.88M-$36.90M-$46.69M-$63.43M
EPS (Diluted)-$0.59-$0.58-$0.89-$1.23

Total Assets

$11.09M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$10.72M

Operating Cash Flow

-$31.10M

Free Cash Flow

$0.00

Crescent Biopharma, Inc. Company Information

CEO & Director
Joshua T. Brumm
Headquarters
300 Fifth Avenue, Waltham, MA, United States, 02451
Phone
617 460 5595
IPO / Founded
2014-01-10
Industry
Biotechnology
Data Updated:

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