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C4 Therapeutics Q4 2022 Earnings Report

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$3.85 -0.09 (-2.28%)
As of 04:00 PM Eastern

C4 Therapeutics EPS Results

Actual EPS
-$0.76
Consensus EPS
-$0.72
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

C4 Therapeutics Revenue Results

Actual Revenue
$2.85 million
Expected Revenue
$8.56 million
Beat/Miss
Missed by -$5.71 million
YoY Revenue Growth
N/A

C4 Therapeutics Announcement Details

Quarter
Q4 2022
Time
N/A

C4 Therapeutics Earnings Headlines

C4 Therapeutics announces anticipated 2025 milestones
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C4 Therapeutics price target raised to $50 from $39 at Brookline
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About C4 Therapeutics

C4 Therapeutics (NASDAQ:CCCC), a clinical-stage biopharmaceutical company, develops novel therapeutic candidates to degrade disease-causing proteins for the treatment of cancer, neurodegenerative conditions, and other diseases. Its lead product candidate is CFT7455, an orally bioavailable MonoDAC degrader of protein that is in Phase 1/2 trial targeting IKZF1 and IKZF3 for multiple myeloma and non-Hodgkin lymphomas, including peripheral T-cell lymphoma and mantle cell lymphoma, currently under Phase 1/2 clinical trials. The company is also developing CFT1946, an orally bioavailable BiDAC degrader targeting V600X mutant BRAF to treat melanoma, non-small cell lung cancer (NSCLC), colorectal cancer, and other solid malignancies, currently under Phase 1/2 clinical trials; and CFT8919, an orally bioavailable, allosteric, and mutant-selective BiDAC degrader of epidermal growth factor receptor, or EGFR, with an L858R mutation in NSCLC. It has strategic collaborations with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc.; Biogen MA, Inc.; Betta Pharmaceuticals, Co., Ltd.; and Merck Sharp & Dohme, LLC, as well as Calico Life Sciences LLC. The company was incorporated in 2015 and is headquartered in Watertown, Massachusetts.

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