CytomX Therapeutics reports 92% revenue increase to $101.2M in 2023, net loss improvement, and three lead oncology pipeline programs.

CytomX Therapeutics reported a 92% increase in revenue to $101.2M in 2023 from $53.2M in 2022, and a net loss improvement from $99.3M in 2022 to $569K in 2023. The company's pipeline includes three lead programs targeting oncology markets and unmet medical needs, with Phase 1 trials for CX-904, CX-2051, and CX-801 expected in 2024. Collaborations with major biotech and pharma companies continue.

March 11, 2024
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