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Theseus Pharmaceuticals, Inc.

theseusrx.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 17, 2023. Its latest SEC filing is a 15-12G from Feb 26, 2024.

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

What Did They Do?

Develops targeted cancer drug candidates for patients with gastrointestinal stromal tumors, lung cancer resistant to targeted drugs, and certain blood cancers.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q3 FY2023, the three months to Sep 30, 2023
Net income
▼ −8% (Loss)
vs −$14.7M in Q3 FY2022
  • Feb 14, 2024 Concentra completed its acquisition of Theseus Theseus became a wholly owned subsidiary of Concentra.
  • Dec 4, 2023 The CEO departed as part of a workforce reduction He also resigned from the board.
  • Oct 31, 2023 Theseus terminated the ARIAD license agreement The termination followed the decision to stop developing THE-630 for GIST.
  • Jul 13, 2023 Theseus ended THE-630 development for GIST The company cited dose-limiting skin reactions at the tested dose.

Who Did They Compete With?

Competes with Blueprint, Cogent, Novartis, Pfizer, Deciphera Pharmaceuticals, Bayer, AB Sciences, Arog Pharmaceuticals, CTTP, Exelixis, IDRX, Immunicum, Jiangsu HengRui, Ningbo Tai Kang Medical Technology, Taiho Pharmaceutical, Xencor, Merck, AstraZeneca, Yuhan, and Jiangsu Hansoh Pharmaceutical Group

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