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TESARO, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 2, 2018. Its latest SEC filing is a SC 13G/A from Feb 14, 2019.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Develops and sells cancer medicines, including ZEJULA and VARUBI, to specialty distributors and specialty pharmacy providers.

Who Were Their Customers?

TESARO sells mainly through specialty distributors and specialty pharmacy providers in the U.S. and EU, who resell its products to healthcare providers and patients.

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▼ −55%
vs $142.8M in Q3 FY2017
  • Jan 24, 2019 GlaxoSmithKline’s merger with TESARO was completed The purchaser accepted tendered shares, allowing the merger to be completed.
  • Nov 1, 2018 TESARO updated its 2018 revenue guidance The total revenue range changed from $250 to $265 million to $258 to $265 million.
  • Jul 18, 2018 TESARO sold U.S. and Canadian rights to rolapitant TerSera paid at closing, with additional royalties and milestone payments possible under the sale terms.

Marketed medicines The older report describes rolapitant and niraparib as product candidates, with an application for oral rolapitant pending. The latest report lists ZEJULA and VARUBI/VARUBY as marketed products.

Immuno-oncology development The older report describes antibody programs at lead-selection or preclinical stages. The latest report says its immuno-oncology antibodies are in clinical trials, while a dual-target candidate remains in preclinical research.

Who Did They Compete With?

Competes with AstraZeneca, Clovis Oncology, Pfizer, AbbVie, BeiGene, EMD Serono, Checkpoint Therapeutics, Hengrui, Roche, Merck, Heron Therapeutics, Helsinn, Sandoz, Glenmark Pharmaceuticals USA, Bristol-Myers Squibb, Novartis, Regeneron, Sanofi, Eli Lilly, and Incyte

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