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Crescent Biopharma reports Q2 2026 results, advances cancer drug trials, and raises $143.7M to fund operations through 2028

Company Fundamentals
30 Jul 2026
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Bullish
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Crescent Biopharma announced its second quarter 2026 financial results, highlighting progress in clinical trials for its cancer therapies, including CR-001, a PD-1 x VEGF bispecific antibody, and ADC candidates CR-002 and CR-003. The company is enrolling patients globally in multiple trials, with key data expected starting Q1 2027. Crescent also completed a $143.7 million public offering, extending its cash runway into the second half of 2028, supporting ongoing development and upcoming clinical milestones.

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