Sesen Bio (STU:PCBK) Marketable Securities : €51.32 Mil (As of Dec. 2022)

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What is Sesen Bio Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Sesen Bio's Marketable Securities for the quarter that ended in Dec. 2022 was €51.32 Mil.

Sesen Bio's annual Marketable Securities stayed the same from Dec. 2020 (€0.00 Mil) to Dec. 2021 (€0.00 Mil) but then increased from Dec. 2021 (€0.00 Mil) to Dec. 2022 (€51.32 Mil).

Sesen Bio Marketable Securities Historical Data

The historical data trend for Sesen Bio's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sesen Bio Marketable Securities Chart

Sesen Bio Annual Data

Trend

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Marketable Securities

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51.32

Sesen Bio Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Marketable Securities	Get a 7-Day Free Trial															-	-	65.70	107.49	51.32

Sesen Bio Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Sesen Bio (STU:PCBK) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Sesen Bio Marketable Securities Related Terms

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Sesen Bio (STU:PCBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sesen Bio Inc (STU:PCBK) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

245 First Street, Suite 1800, Cambridge, MA, USA, 02142

Website

https://www.sesenbio.com

Sesen Bio Inc is a late-stage clinical company advancing targeted fusion protein therapeutics for the treatment of patients with cancer. The company's product candidate, Vicineum, also known as VB4-845, is a locally-administered targeted fusion protein composed of an anti-epithelial cell adhesion molecule antibody fragment tethered to a truncated form of Pseudomonas exotoxin A for the treatment of non-muscle invasive CIS of the bladder in patients previously treated with adequate or less than adequate BCG.

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