Merrimack Pharmaceuticals, Inc. is a biopharmaceutical company. The Company does not have any ongoing research or development activities and is seeking potential acquirers for its remaining preclinical and clinical assets. It is entitled to receive payments related to its sale of ONIVYDE to Ipsen S.A. and also its contingent payments related to its sale of MM-121 and MM-111 to Elevation Oncology, Inc. These payments are payable by Ipsen upon approval by the United States Food and Drug Administration (FDA) of Onivyde for certain additional clinical indications. ONIVYDE is approved by FDA to market as a first-line treatment of metastatic adenocarcinoma on the pancreas. It is also entitled to receive payments related to its sale of anti-HER3 programs to Elevation Oncology, Inc. The Companyâ€™s wholly owned subsidiaries include Merrimack Pharmaceuticals UK Limited and Merrimack Securities Corporation.

Employees

Sector

Biotechnology & Medical Research

More about the company

Market Cap	224M 194M 181M 166M 315M 21.28B 318M 2.14B 835M 10.64B 840M 822M 35.25B	P/E 2022	-100x	P/E 2023	-162x
Enterprise Value	205M 178M 166M 152M 288M 19.49B 291M 1.96B 764M 9.74B 769M 752M 32.28B	EV / Sales 2022	-	EV / Sales 2023	-
Free-Float	98.81%	Yield 2022 *	-	Yield 2023	-

21/05/24	Merrimack Pharmaceuticals, Inc.(NasdaqGM:MACK) dropped from S&P Global BMI Index	CI
21/05/24	Merrimack Pharmaceuticals, Inc.(NasdaqGM:MACK) dropped from S&P TMI Index	CI
17/05/24	Merrimack Pharmaceuticals, Inc.(NasdaqGM:MACK) dropped from NASDAQ Composite Index	CI
15/05/24	Merrimack Pharmaceuticals, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
09/05/24	Merrimack Pharmaceuticals, Inc. Announces Anticipated Final Cash Dividend Amount of Initial Liquidating Distribution, Payable on or About May 17, 2024	CI
28/03/24	Merrimack Gets $225 Million Milestone Payment, Schedules Meeting For Dissolution Plan	MT
08/03/24	Merrimack Pharmaceuticals, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
14/02/24	Merrimack Pharmaceuticals to Receive $225 Million Milestone Payment From Ipsen	MT
14/02/24	Merrimack Pharmaceuticals to Get $225 Million Milestone Payment After FDA's Supplemental NDA Approval	DJ
17/11/23	Merrimack Pharmaceuticals Insider Bought Shares Worth $627,125, According to a Recent SEC Filing	MT
02/11/23	Merrimack Pharmaceuticals, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI
18/09/23	Merrimack Pharmaceuticals, Inc.(NasdaqGM:MACK) added to S&P Global BMI Index	CI
09/08/23	Insider Buy: Merrimack Pharmaceuticals	MT

13/05/24	Merrimack Pharmaceuticals, Inc. Announces Stockholder Approval of Plan of Dissolution and Cash Liquidating Dividend Amount of $15.10 per Share of Common Stock	AQ
10/05/24	Merrimack Pharmaceuticals, Inc. Announces Stockholder Approval of Plan of Dissolution And Cash Liquidating Dividend Amount of $15.10 Per Share of Common Stock	BU
09/05/24	Merrimack Pharmaceuticals, Inc. Announces Anticipated Final Cash Dividend Amount of Initial Liquidating Distribution, Subject to Receipt of Stockholder Approval of Plan of Dissolution	BU
01/05/24	Merrimack Pharmaceuticals Announces Notification of Plan to Voluntary Delist Common Stock on NASDAQ Subject to Receipt of Stockholder Approval of Plan of Dissolution	BU
27/03/24	Merrimack Receives $225 Million Milestone Payment from Ipsen	BU

Manager	Title	Age	Since
Gary Crocker CEO	Chief Executive Officer	74	28/06/2019
Timothy Surgenor IRC	Investor Relations Contact	-	-

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
MERRIMACK PHARMACEUTICALS INC	+8.74%	-10.76%	-	-	224M
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Average	+1.56%	-0.61%	+60.75%	+91.00%	27.48B
Weighted average by Cap.	+0.96%	+0.21%	+77.80%	+110.62%

Merrimack Pharmaceuticals Inc Stock Nasdaq

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US5903281005

Biotechnology & Medical Research

Valuation: Merrimack Pharmaceuticals Inc

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Financials

Company Profile

	2022	2023
Net sales	-	-
Net income	-1.54M -1.34M -1.25M -1.15M -2.17M -147M -2.2M -14.74M -5.76M -73.42M -5.8M -5.67M -243M	-1.18M -1.03M -956K -878K -1.66M -112M -1.68M -11.27M -4.41M -56.16M -4.44M -4.34M -186M
Net Debt	-19.44M -16.88M -15.74M -14.46M -27.34M -1.85B -27.64M -186M -72.53M -924M -73M -71.4M -3.06B	-18.88M -16.39M -15.28M -14.04M -26.55M -1.8B -26.84M -180M -70.43M -898M -70.88M -69.33M -2.97B