Cue Biopharma Inc
NASDAQ:CUE

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Cue Biopharma Inc Logo
Cue Biopharma Inc
NASDAQ:CUE
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Price: 0.33 USD -8.66%
Market Cap: $26m

Cue Biopharma Inc
Investor Relations

Cue Biopharma, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of a novel and proprietary class of biologic drugs for the selective modulation of the human immune system to treat a broad range of cancers and autoimmune disorders. The company is headquartered in Cambridge, Massachusetts and currently employs 57 full-time employees. The company went IPO on 2018-01-02. The firm is engineering a class of injectable biologics designed to selectively engage and modulate targeted T cells within the body to treat a range of cancers, chronic infectious diseases, and autoimmune diseases. The company has developed Immuno-STAT (Selective Targeting and Alteration of T Cells) platform, which harness an individual's intrinsic immune repertoire for restoring health while avoiding the deleterious side effects of broad immune activation (for immuno-oncology or infectious disease indications) or broad immune suppression (for autoimmunity and inflammation). The company has developed four biologic series within the Immuno-STAT platform, which includes CUE-100, CUE-200, CUE-300 and CUE-400, each specifically designed through rational protein engineering to possess distinct signaling modules for desired biological mechanisms to be applied across many diseases. CUE-101 is its advanced clinical stage asset.

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Last Earnings Call
Fiscal Period
Q2 2024
Call Date
Aug 19, 2024
AI Summary
Q2 2024

Clinical Data: CUE-101 continues to show strong and maturing survival benefits in head and neck cancer, especially in combination with pembrolizumab (KEYTRUDA), with a 12-month overall survival of 90% in CPS ≥1 patients.

Program Focus: Company is prioritizing autoimmune pipeline (CUE-401, CUE-501) and delaying capital-intensive registration trials to conserve cash and let clinical data mature.

Strategic Partnerships: Significant progress with ONO Pharmaceuticals on CUE-401 for autoimmune diseases; lead candidate selection expected in Q1 next year, and Cue retains 50% US co-development/co-marketing rights.

Cash Runway: Operational runway extended to mid-2025 and annual cash burn reduced from $40 million to $30 million through restructuring and partnerships.

Partnering Strategy: Actively seeking partnerships for CUE-501 and other pipeline assets to help fund development and reduce dilution; multiple discussions ongoing.

Competitive Position: Management highlights differentiated safety and efficacy profile of Immuno-STAT platform versus CAR-T and pan-T cell engagers, with low immunogenicity and robust manufacturability.

Key Financials
Annual Cash Burn
$30 million per year
Cash Runway
mid-2025
CUE-101 + Pembrolizumab 12-month Overall Survival (CPS ≥1)
90%
CUE-101 + Pembrolizumab 12-month Overall Survival (CPS high ≥20)
100%
CUE-101 + Pembrolizumab Median Overall Survival (CPS ≥1)
21.8 months
CUE-101 + Pembrolizumab Median Progression-Free Survival (CPS ≥1)
5.8 months
CUE-101 + Pembrolizumab Objective Response Rate (CPS ≥1)
46%
CUE-101 + Pembrolizumab Objective Response Rate (CPS low 1–19)
50%
CUE-101 Monotherapy Median Overall Survival (2 mg/kg)
24.8 months
CUE-101 Monotherapy Median Overall Survival (4 mg/kg)
20.8 months
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel R. Passeri J.D., M.Sc.
CEO & Director
No Bio Available
Dr. Anish Suri Ph.D.
President & Chief Scientific Officer
No Bio Available
Dr. Ronald D. Seidel III, Ph.D.
Co-Founder
No Bio Available
Dr. Rodolfo J. Chaparro Ph.D.
Co-Founder & Senior Advisor
No Bio Available
Dr. Steven C. Almo Ph.D.
Co-Founder and Chairman of Scientific & Clinical Advisory Board
No Bio Available
Mr. Colin G. Sandercock J.D., MSE
Senior VP, General Counsel & Secretary
No Bio Available
Dr. Matteo Levisetti M.D.
Chief Medical Officer
No Bio Available
Ms. Lucinda Warren
Chief Business Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Cambridge
21 Erie St
Contacts
+16179492680.0
www.cuebiopharma.com