Turning Point Therapeutics is a clinical-stage precision oncology company with a pipeline of internally discovered investigational drugs designed to address key limitations of existing cancer therapies. The company's lead drug candidate, repotrectinib, is a next-generation kinase inhibitor targeting the ROS1 and TRK oncogenic drivers of non-small cell lung cancer and advanced solid tumors. Repotrectinib, which is being studied in a registrational Phase 2 study in adults and a Phase 1/2 study in pediatric patients, has shown antitumor activity and durable responses among kinase inhibitor treatment-naïve and pre-treated patients. The company's pipeline of drug candidates also includes TPX-0022, targeting MET, CSF1R and SRC, which is being studied in a Phase 1 trial of patients with advanced or metastatic solid tumors harboring genetic alterations in MET; TPX-0046, targeting RET, which is being studied in a Phase 1/2 trial of patients with advanced or metastatic solid tumors harboring genetic alterations in RET; and TPX-0131, a next-generation ALK inhibitor currently pending IND submission. Turning Point's next-generation kinase inhibitors are designed to bind to their targets with greater precision and affinity than existing therapies, with a novel, compact structure that has demonstrated an ability to potentially overcome treatment resistance common with other kinase inhibitors. The company is driven to develop therapies that mark a turning point for patients in their cancer treatment.

Company profile
Ticker
TPTX
Exchange
Website
CEO
Athena Countouriotis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TP Therapeutics, INC, TP Therapeutics, Inc.
SEC CIK
Corporate docs
IRS number
463826166
TPTX stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Aug 22
EFFECT
Notice of effectiveness
23 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Aug 22
25-NSE
Exchange delisting
17 Aug 22
POS AM
Prospectus update (post-effective amendment)
17 Aug 22
8-K
Termination of a Material Definitive Agreement
17 Aug 22
SC 14D9/A
Tender offer solicitation (amended)
16 Aug 22
Transcripts
TPTX
Earnings call transcript
2021 Q3
10 Nov 21
TPTX
Earnings call transcript
2021 Q2
10 Aug 21
TPTX
Earnings call transcript
2021 Q1
8 May 21
TPTX
Earnings call transcript
2020 Q4
2 Mar 21
TPTX
Earnings call transcript
2020 Q1
12 May 20
TPTX
Earnings call transcript
2019 Q3
4 Nov 19
TPTX
Earnings call transcript
2019 Q2
9 Aug 19
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 290.15 mm | 290.15 mm | 290.15 mm | 290.15 mm | 290.15 mm | 290.15 mm |
Cash burn (monthly) | 6.46 mm | 11.33 mm | 41.45 mm | 28.72 mm | 35.10 mm | 21.62 mm |
Cash used (since last report) | 57.91 mm | 101.49 mm | 371.51 mm | 257.35 mm | 314.55 mm | 193.76 mm |
Cash remaining | 232.24 mm | 188.66 mm | -81.36 mm | 32.80 mm | -24.40 mm | 96.39 mm |
Runway (months of cash) | 35.9 | 16.7 | -2.0 | 1.1 | -0.7 | 4.5 |
Institutional ownership, Q2 2022
87.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 207 |
Opened positions | 95 |
Closed positions | 41 |
Increased positions | 43 |
Reduced positions | 61 |
13F shares | Current |
---|---|
Total value | 3.33 bn |
Total shares | 43.83 mm |
Total puts | 643.90 k |
Total calls | 208.81 k |
Total put/call ratio | 3.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 4.16 mm | $312.86 mm |
BLK Blackrock | 3.79 mm | $285.33 mm |
Cormorant Asset Management | 2.48 mm | $186.94 mm |
GSK GSK | 2.27 mm | $230.27 mm |
Orbimed Advisors | 2.01 mm | $151.42 mm |
Wellington Management | 1.91 mm | $143.74 mm |
STT State Street | 1.65 mm | $124.21 mm |
FIL | 1.16 mm | $87.55 mm |
Alpine Associates Management | 1.03 mm | $77.39 mm |
T. Rowe Price | 953.91 k | $71.78 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Aug 22 | Athena Countouriotis | Common Stock | Sale back to company | Dispose D | No | No | 76 | 110,959 | 8.43 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 37.68 | 224,640 | 8.46 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 140.01 | 101,775 | 14.25 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 63.33 | 325,000 | 20.58 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 7.43 | 155,844 | 1.16 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 5.12 | 989,971 | 5.07 mm | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 3.2 | 67,575 | 216.24 k | 0 |
17 Aug 22 | Athena Countouriotis | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 3.2 | 173,389 | 554.84 k | 0 |
17 Aug 22 | Mohammad Hirmand | Common Stock | Sale back to company | Dispose D | No | No | 76 | 41,284 | 3.14 mm | 0 |
17 Aug 22 | Mohammad Hirmand | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 37.68 | 68,367 | 2.58 mm | 0 |