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August 28, 2015 1:10 AM ET

Biotechnology

Company Overview of OncoMed Pharmaceuticals, Inc.

Company Overview

OncoMed Pharmaceuticals, Inc., a clinical development-stage biotechnology company, discovers and develops protein therapeutics targeting cancer stem cells (CSCs). Its product candidates target CSCs by blocking self-renewal and driving differentiation of CSCs toward a non-tumorigenic state, as well as impact bulk tumor cells. The company’s product candidates and preclinical programs include Demcizumab (Anti-DLL4, OMP-21M18), a humanized monoclonal antibody that is in two Phase II clinical trials and one Phase Ib/II clinical trial for the treatment of patients with non-small-cell lung cancer and pancreatic cancer; Anti-DLL4/Anti-vascular endothelial growth factor (VEGF) Bispecific, which has c...

800 Chesapeake Drive

Redwood City, CA 94063

United States

Founded in 2004

108 Employees

Phone:

650-995-8200

Fax:

650-995-8600

Key Executives for OncoMed Pharmaceuticals, Inc.

Chairman, Chief Executive Officer and President
Age: 55
Total Annual Compensation: $469.5K
Vice President and General Counsel
Age: 45
Total Annual Compensation: $383.8K
Chief Medical Officer and Senior Vice President
Age: 50
Total Annual Compensation: $377.2K
Chief Scientific Officer and Executive Vice President
Age: 63
Total Annual Compensation: $364.7K
Compensation as of Fiscal Year 2014.

OncoMed Pharmaceuticals, Inc. Key Developments

OncoMed Pharmaceuticals, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

OncoMed Pharmaceuticals, Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported collaboration revenues of $4.7 million, as compared to $6.0 million in the second quarter of 2014.  The decrease in revenue over the same period in 2014 was primarily due to a change in the amortization of upfront payment fees under partnership with Bayer. Net loss was $21.6 million or $0.72 per share, compared to $15.6 million or $0.53 per share for the same three-month period of 2014. The change in net loss for second quarter of 2015 was primarily due to an increase in operational expenses, especially research and development costs. Loss from operations was $21,635,000 against $15,592,000 for the same period a year ago. Loss before provision for income taxes was $21,608,000 against $15,586,000 for the same period a year ago. For the six months, the company reported collaboration revenue of $14,374,000 against $12,030,000 for the same period a year ago. Loss from operations was $36,175,000 against $29,499,000 for the same period a year ago. Loss before provision for income taxes was $36,126,000 against $29,455,000 for the same period a year ago. Net loss was $36,149,000 compared to $29,468,000 a year ago. Basic and diluted net loss per common share was $1.21 compared to $1.00 a year ago.

OncoMed Pharmaceuticals, Inc., Q2 2015 Earnings Call, Aug 10, 2015

OncoMed Pharmaceuticals, Inc., Q2 2015 Earnings Call, Aug 10, 2015

OncoMed Pharmaceuticals, Inc. to Report Q2, 2015 Results on Aug 10, 2015

OncoMed Pharmaceuticals, Inc. announced that they will report Q2, 2015 results After-Market on Aug 10, 2015

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