NextCure  Inc

NASDAQ NXTC

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NextCure  Inc Return on Tangible Equity (ROTE) 2 year CAGR for the quarter ending September 19, 2024

NextCure  Inc Return on Tangible Equity (ROTE) 2 year CAGR is NA for the quarter ending September 19, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: NXTC

NextCure  Inc

CEO Mr. Michael S. Richman MSBA
IPO Date May 9, 2019
Location United States
Headquarters 9000 Virginia Manor Road, Beltsville, MD, United States, 20705
Employees 82
Sector Healthcare
Industry Biotechnology
Description

NextCure, Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing novel immunomedicines to treat cancer and other immune-related diseases by restoring normal immune function. The company is developing NC410, an immunomedicine designed to block immune suppression mediated by LAIR-1; NC762, a monoclonal antibody that binds specifically to B7-H4, a protein expressed on multiple tumor types; and NC525, a monoclonal antibody that binds to LAIR-1 to functionally kill AML blast cells and leukemic stem cells while preserving normal blood cells, including hematopoietic stem cells. Its discovery and research programs include an antibody in preclinical evaluation of other potential novel immunomodulatory molecules. It has a license agreement with Yale University. The company was incorporated in 2015 and is headquartered in Beltsville, Maryland.

StockViz Staff

September 19, 2024

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