Company intelligence / Profile preview

TRACON Pharmaceuticals, Inc.

San Diego, California, USAtraconpharma.com ↗
Ownership
Public · TCON
Employees
~20
Development stage
Phase 2
01

Overview

TRACON’s lead program envafolimab failed to meet its primary endpoint in the pivotal Phase II ENVASARC trial for refractory soft tissue sarcomas in July 2024 and all related development was discontinued. The company’s small molecule DNA repair inhibitor TRC102 showed activity in recurrent glioblastoma but remained investigational through NCI-sponsored trials. The company entered formal liquidation and dissolution by shareholder vote in November 2024.

Therapeutic areas
GastroenterologyOncologyOphthalmologyHematology
Modalities
Monoclonal antibodies (mAbs)Small moleculesBispecific antibodies (preclinical)
Industry
Biotech
02

Drug pipeline

7 assets

uliledlimab

3

6 more assets in the full pipeline.

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03

Partnerships

Janssen Pharmaceutica N.V. / J&J (for TRC253)National Cancer Institute/NCI CRADA partnership for multiple trials with TRC102Alphamab Oncology & Jiangsu Alphamab Biopharmaceuticals /3D Medicines Co., Ltd. (licensing envafolimab)Eucure Biopharma/Biocytogen/Eucure partnership on YH001I-Mab Biopharma collaboration on TJ004309/bispecifics
04

Financials

Market cap
$109.7K
Total revenue
$55K
Enterprise value
$-6.2M

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