Surface Oncology Inc SURF:NASDAQ

Last Price$1.67NASDAQ Previous Close - Last Trade as of 4:00PM ET 7/01/22

Today's Change+0.03(1.83%)
Bid (Size)$1.62 (5)
Ask (Size)$1.73 (1)
Day Low / High$1.61 - 1.73
Volume347.8 K

Surface Oncology Secures $30 Million Milestone Payment After First Patient Dosed in Study; Shares Rise

8:00AM ET 3/31/2022 MT Newswires
Surface Oncology (SURF) said Thursday that it has received a $30 million milestone payment as GlaxoSmithKline (GSK) has dosed the first patient in a phase 1 study of GSK4381562 in patients with solid tumors.

The immuno-oncology firm said it is eligible to receive an additional $700 million in future milestone payments as well as tiered royalties on global net sales.

Shares rose 13% in premarket trading.

Price: 44.04, Change: +0.34, Percent Change: +13.08