MACK - Merrimack Pharmaceuticals, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
5.10
+0.06 (+1.19%)
As of 3:19PM EDT. Market open.
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Previous Close5.04
Open5.01000
Bid5.14 x 1100
Ask5.18 x 800
Day's Range5.05 - 5.19
52 Week Range4.56 - 13.67
Volume52,248
Avg. Volume59,012
Market Cap68.048M
Beta (3Y Monthly)3.02
PE Ratio (TTM)N/A
EPS (TTM)-3.41
Earnings DateNov 6, 2018 - Nov 12, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-05-30
1y Target Est7.00
Trade prices are not sourced from all markets
  • GlobeNewswire8 hours ago

    Detailed Research: Economic Perspectives on Clearside Biomedical, JELD-WEN Holding, L.B. Foster, Merrimack Pharmaceuticals, Everi, and Drive Shack — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Oct. 16, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Merrimack (MACK) Focuses on Early Stage Pipeline and Cost Cuts
    Zacks5 days ago

    Merrimack (MACK) Focuses on Early Stage Pipeline and Cost Cuts

    Merrimack (MACK) focuses on the development of its two early-stage pipeline candidates, MM-121 and MM-310. The candidates have been progressing well and are imperative to the company's growth.

  • PR Newswire26 days ago

    Merrimack Receives $5 Million Milestone Payment from Shire

    CAMBRIDGE, Mass., Sept. 20, 2018 /PRNewswire/ -- Merrimack Pharmaceuticals, Inc. (MACK), a clinical-stage oncology company focused on biomarker-defined cancers, today announced that it has received a $5 million milestone payment from Shire, triggered by the sale of ONIVYDE in the first major non-European, non-Asian country, pursuant to the terms of Merrimack's asset sale to Ipsen in 2017. "Since the start of the third quarter, Merrimack has received $38 million in non-dilutive capital, including two milestone payments from Shire totaling $23 million," said Richard Peters, M.D., Ph.D., President and Chief Executive Officer of Merrimack. The terms of the Company's asset sale to Ipsen in 2017 entitled Merrimack to receive up to an aggregate of $33.0 million in net milestone payments from Shire, of which Merrimack has now received $23.0 million, including this milestone and the $18.0 million payment in August 2018 resulting from the sale of ONIVYDE in two additional major European countries.

  • Merrimack (MACK) Up 6.7% Since Last Earnings Report: Can It Continue?
    Zackslast month

    Merrimack (MACK) Up 6.7% Since Last Earnings Report: Can It Continue?

    Merrimack (MACK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • PR Newswirelast month

    Merrimack Completes Enrollment in Randomized Phase 2 SHERLOC Study of MM-121 (seribantumab) in Non-Small Cell Lung Cancer (NSCLC)

    CAMBRIDGE, Mass., Sept. 6, 2018 /PRNewswire/ -- Merrimack Pharmaceuticals, Inc. (MACK), a clinical-stage oncology company focused on biomarker-defined cancers, today announced that it has completed enrollment in its ongoing SHERLOC study, a Phase 2 clinical trial evaluating its lead investigational drug candidate, MM-121, in patients with heregulin positive NSCLC. "We believe the robust clinical interest we have seen in the SHERLOC study reflects the significant unmet medical need among this patient population," said J. Marc Pipas, M.D., Merrimack's Senior Medical Director and Project Leader for MM-121. The SHERLOC study is a global, randomized, biomarker-selected, open-label Phase 2 clinical trial of MM-121 in combination with docetaxel, versus docetaxel alone, in patients with heregulin positive NSCLC.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of MACK earnings conference call or presentation 7-Aug-18 12:30pm GMT

    Q2 2018 Merrimack Pharmaceuticals Inc Earnings Call

  • Zacks.com highlights: American Woodmark, Adverum Biotechnologies, Merrimack Pharmaceuticals, Athene Holding and M&T Bank
    Zackslast month

    Zacks.com highlights: American Woodmark, Adverum Biotechnologies, Merrimack Pharmaceuticals, Athene Holding and M&T Bank

    Zacks.com highlights: American Woodmark, Adverum Biotechnologies, Merrimack Pharmaceuticals, Athene Holding and M&T Bank

  • GlobeNewswire2 months ago

    Factors of Influence in 2018, Key Indicators and Opportunity within Celsion, Alpha and Omega Semiconductor, SP Plus, Merrimack Pharmaceuticals, La Jolla Pharmaceutical, and SPX — New Research Emphasizes Economic Growth

    NEW YORK, Aug. 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Celsion ...

  • Merrimack (MACK) Suffers Wider-Than-Expected Loss in Q2
    Zacks2 months ago

    Merrimack (MACK) Suffers Wider-Than-Expected Loss in Q2

    Merrimack's (MACK) loss is wider than expected in Q2 but narrower than the year-ago quarter's deficit. Meanwhile, the company did not generate any revenues in the reported quarter.

  • Merrimack (MACK) Reports Wider-than-Expected Q2 Loss
    Zacks2 months ago

    Merrimack (MACK) Reports Wider-than-Expected Q2 Loss

    Merrimack Pharmaceuticals (MACK) reports wider-than-expected loss in Q2. The company did not record any revenues in the quarter.

  • PR Newswire2 months ago

    Merrimack Reports Second Quarter 2018 Financial Results

    - $18 million milestone payment received from Shire; Company continues to strengthen cash position from non-dilutive sources - - Two clinical readouts anticipated in 2018: randomized Phase 2 SHERLOC study ...

  • ACCESSWIRE2 months ago

    Merrimack Pharmaceuticals, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 7, 2018 / Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 7, 2018 at 8:30:00 ...

  • Is a Beat in the Cards for Merrimack (MACK) in Q2 Earnings?
    Zacks2 months ago

    Is a Beat in the Cards for Merrimack (MACK) in Q2 Earnings?

    On Merrimack's (MACK) second-quarter 2018 conference call, investor focus will be on the company's progress with pipeline candidates.

  • PR Newswire3 months ago

    Merrimack Announces Timing of Second Quarter 2018 Investor Conference Call

    The call will provide an update on Merrimack's recent progress as well as a summary of its second quarter 2018 financial results. A listen-only webcast of the call will be available in the Investors section of Merrimack's website, investors.merrimack.com, and a replay of the call will be archived there for six weeks. Merrimack is a biopharmaceutical company based in Cambridge, Massachusetts that is outthinking cancer to ensure that patients and their families live fulfilling lives.

  • Reuters3 months ago

    Ex-biopharmaceutical employees convicted in U.S. of insider trading

    Two former employees of rival biopharmaceutical companies were convicted on Tuesday on U.S. charges that they used their access to confidential information about drug studies to profit in the stock market through insider trading. A federal jury in Boston found Schultz Chan, a former Akebia Therapeutics Inc employee, and Songjiang Wang, who worked at Merrimack Pharmaceuticals Inc, guilty on conspiracy and securities fraud charges. Prosecutors said that from 2013 to 2014, Wang, Merrimack's director of statistical programming, tipped his friend Chan, 54, three times about positive results in drug studies before the Cambridge, Massachusetts-based company announced them.

  • PR Newswire3 months ago

    Merrimack Secures $25 Million Debt Facility with Hercules Capital

    CAMBRIDGE, Mass., July 2, 2018 /PRNewswire/ -- Merrimack Pharmaceuticals, Inc. (MACK), a clinical-stage oncology company focused on biomarker-defined cancers, today announced the closing of a $25 million term loan with Hercules Capital (HTGC), $15 million of which was funded at closing today. Merrimack's current cash and cash equivalents, including the $15 million of loan proceeds received, and certain potential net milestone payments anticipated from Shire are projected to fund the company's planned operations into the first quarter of 2020. "This non-dilutive financing strengthens Merrimack's financial position, allowing us to remain focused on advancing the discovery, clinical and business development efforts for our nine wholly-owned programs in development, including our two clinical readouts expected later this year from MM-121 and MM-310," said Richard Peters, M.D., Ph.D., President and Chief Executive Officer of Merrimack.

  • Biotech Stock Roundup: PBYI Soars, MACK Crashes, GILD's Biktarvy Gets EC Nod
    Zacks4 months ago

    Biotech Stock Roundup: PBYI Soars, MACK Crashes, GILD's Biktarvy Gets EC Nod

    The biotech sector was in the news with a few hits and misses. Gilead's Biktarvy got approval in Europe while Puma Biotechology is also closer to breast cancer drug approval in Europe.

  • Ex-Akebia employee jailed for night as insider trading trial starts
    Reuters4 months ago

    Ex-Akebia employee jailed for night as insider trading trial starts

    A former Akebia Therapeutics Inc (AKBA.O) employee accused of engaging in an insider trading scheme must spend a night in jail after he violated a U.S. judge's order and spoke to a witness at the start of his trial on Tuesday. U.S. District Judge Indira Talwani in Boston ordered the detention of Schultz Chan, who has had prior issues following court directives, after asking why he could not heed her warnings to not talk to witnesses, as he did by saying hello to one. The development occurred shortly after jurors heard opening statements in the trial of Chan and Songjiang Wang, a former Merrimack Pharmaceuticals Inc (MACK.O) employee who prosecutors say participated in the insider trading scheme with Chan.

  • Merrimack Crashes as Phase II Pancreatic Cancer Study Fails
    Zacks4 months ago

    Merrimack Crashes as Phase II Pancreatic Cancer Study Fails

    Merrimack (MACK) plunges, following the announcement of failure of the CARRIE phase II study on pipeline candidate, MM-141, for the treatment of metastatic pancreatic cancer.

  • Reuters4 months ago

    Merrimack to scrap development of pancreatic cancer treatment

    Merrimack Pharmaceuticals Inc said on Monday it would stop developing its experimental treatment for pancreatic cancer after it failed to meet the main and secondary goals in a mid-stage trial. The company said it would now focus on developing other programs in its pipeline, which includes a drug for breast cancer and lung cancer. The experimental pancreatic cancer treatment, MM-141, was being studied in addition to standard-of-care treatment for patients with previously untreated metastatic pancreatic cancer.

  • PR Newswire4 months ago

    Merrimack Announces Top-Line Results from Randomized Phase 2 Trial of MM-141 in Front-Line Metastatic Pancreatic Cancer

    - CARRIE study did not meet primary or secondary endpoints - - Company ceases development of MM-141 - - Focus remains on advancing Merrimack's promising clinical and preclinical pipeline, with two additional ...

  • Options Traders Expect Huge Moves in Merrimack Pharmaceuticals (MACK) Stock
    Zacks4 months ago

    Options Traders Expect Huge Moves in Merrimack Pharmaceuticals (MACK) Stock

    Investors in Merrimack Pharmaceuticals (MACK) need to pay close attention to the stock based on moves in the options market lately.

  • Why is Merrimack (MACK) Up 6.3% Since Its Last Earnings Report?
    Zacks4 months ago

    Why is Merrimack (MACK) Up 6.3% Since Its Last Earnings Report?

    Merrimack (MACK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of MACK earnings conference call or presentation 8-May-18 12:30pm GMT

    Q1 2018 Merrimack Pharmaceuticals Inc Earnings Call