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Surface Oncology, Inc.

surfaceoncology.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 2, 2023. Its latest SEC filing is a 15-12G from Sep 18, 2023.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Develops antibody-based cancer therapies aimed at the immune-suppressing environment around tumors, for cancer patients and pharmaceutical partners.

Who Were Their Customers?

Novartis and GSK are pharmaceutical partners with exclusive licenses to develop and commercialize antibody programs.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q2 FY2023, the three months to Jun 30, 2023
Revenue
vs $0 in Q2 FY2022
Net income
▲ +12% (Loss)
vs −$25.2M in Q2 FY2022
  • Sep 8, 2023 Coherus completed its acquisition of Surface Oncology Surface became a wholly owned Coherus subsidiary, and its shares were delisted from Nasdaq.
  • Jun 16, 2023 Coherus agreed to acquire Surface Oncology The companies announced a merger in which Coherus would acquire Surface.

Paused adenosine-pathway work The earlier report described a company-owned antibody program aimed at an adenosine-producing enzyme and planned clinical testing; the latest says development is paused while Surface seeks partners.

GSK licensing Alongside the Novartis collaboration described earlier, the latest report describes an exclusive antibody license to GSK.

Who Did They Compete With?

Competes with Bristol-Myers Squibb, Shionogi, AbbVie, Bayer, LaNova, Immunophage, Compugen, Jiangsu Hengrui, Arcus Biosciences, AstraZeneca, Corvus Pharmaceuticals, Innate Pharma, iTeos, Trishula Therapeutics, Elpiscience, Shanghai Junshi, I-Mab, Portage Biotech, Agenus, and Exscientia

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