Business

Cue Biopharma Reports First Quarter 2025 Financial Results and Recent Business Highlights

Announced Boehringer Ingelheim strategic collaboration and license agreement for CUE-501, including an upfront payment of $12 million and ~$345 million in potential milestone payments Raised gross proceeds of ~$20 million in follow-on capital raise Successfully regained worldwide rights for lead autoimmune program, CUE-401, with potential to become a new standard of care for autoimmune and inflammatory diseases Virtual Event planned for May 15, 2025 at 11 AM ET, featuring two prominent Key Opini

articleCue Biopharma, Inc.May 12, 20256/company/cue-biopharma/news/cue-biopharma-reports-first-quarter-200500094
Cue Biopharma Reports First Quarter 2025 Financial Results and Recent Business Highlights

About this update from Cue Biopharma, Inc.

[{"type":"image","alt":"Cue Biopharma, Inc.","displaySize":"","headline":null,"caption":"Cue Biopharma, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":110,"url":"https://media.zenfs.com/en/globenewswire.com/fc5f3951698cbec35d4307d642ba0cac"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wN2RaVoKznrUsI8vRAvjSg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fc5f3951698cbec35d4307d642ba0cac","width":300,"height":110}},"lazy":false},{"type":"text","content":"Announced Boehringer Ingelheim strategic collaboration and license agreement for CUE-501, including an upfront payment of $12 million and ~$345 million in potential milestone payments","length":183,"tagName":"p"},{"type":"text","content":"Raised gross proceeds of ~$20 million in follow-on capital raise","length":64,"tagName":"p"},{"type":"text","content":"Successfully regained worldwide rights for lead autoimmune program, CUE-401, with potential to become a new standard of care for autoimmune and inflammatory diseases","length":165,"tagName":"p"},{"type":"text","content":"Virtual Event planned for May 15, 2025 at 11 AM ET, featuring two prominent Key Opinion Leaders in the field of Immunology","length":127,"tagName":"p"},{"type":"text","content":"BOSTON, May 12, 2025 (GLOBE NEWSWIRE) -- Cue Biopharma, Inc. (Nasdaq: CUE), a clinical-stage biopharmaceutical company developing a novel class of therapeutic biologics to selectively engage and modulate disease-specific T cells for the treatment of autoimmune disease and cancer, today reported first quarter 2025 financial results.","length":338,"tagName":"p"},{"type":"text","content":"“We made notable and encouraging progress during the first quarter of 2025 and believe we are well positioned to further our corporate objectives,” said Daniel Passeri, chief executive officer of Cue Biopharma. “We believe the strategic collaboration with Boehringer Ingelheim for CUE-501 combined with our capital raise, places us in a position of strength to advance CUE-401 toward the clinic while exploring additional portfolio optimization and partnering opportunities.”","length":475,"tagName":"p"},{"type":"text","content":"Upcoming EventNovel Biologics Portfolio Virtual Event planned for May 15, 2025 at 11 AM ET: Cue Biopharma’s virtual event will feature two key opinion le...

More updates from Cue Biopharma, Inc.

The Companybiopharmaceutical companyCue Biopharma, Inc.Biopharma