Crucial Clinical Data Release Looms for Corbus Shares

Investors in Corbus Pharmaceuticals are bracing for a pivotal market catalyst this weekend. The biotechnology firm is scheduled to present significant clinical trial results for its oncology drug candidate CRB-701 at the ESMO congress in Berlin. Despite the abstract’s publication yesterday, market reaction remained muted, with shares closing marginally lower at $16.25, representing a 0.43% decline.

Beyond the immediate focus on CRB-701, Corbus maintains a robust financial foundation. The company’s second-quarter 2025 report revealed a net loss of $17.7 million, offset by substantial cash reserves of $116.6 million. This positions the company with an operational runway secured through the second quarter of 2027.

The development pipeline extends further than its lead cancer therapy. Corbus is concurrently advancing CRB-913, a treatment targeting obesity, and... Read more...