TRACON Pharmaceuticals Reports Fourth Quarter and Year-End 2017 Financial Results

TRACON Pharmaceuticals (NASDAQ:TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted therapeutics for cancer and wet age‐related macular degeneration, today announced financial results for the fourth quarter and year ended December 31, 2017.

As quoted in the press release:

“We achieved important progress across our pipeline and continued to position the Company well for long-term success during the fourth quarter and throughout 2017,” said Charles Theuer, M.D., Ph.D., President and CEO of TRACON. “Most importantly, our pivotal Phase 3 TAPPAS trial of TRC105 in angiosarcoma continues to enroll well across sites in the U.S. and now Europe, with the key interim analysis projected for later this year. Moreover, our recent partnership with Ambrx expands the development and potential commercial opportunity of TRC105 into China.”

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