Investors in the Atlas Venture-backed immuno-oncology specialist Surface Oncology (Nasdaq: SURF) have had a rough time since the company went public in New York, early in 2018.
After climbing to a peak value of $17 in early July 2018, the company’s share price has fallen steadily and surely, to its current all-time low of around $2 - a loss of nearly 90%.
Led by Jeff Goater, erstwhile investment banker and former chief financial officer at Voyager Therapeutics (Nasdaq: VYGR), Surface is focused on the tumor microenvironment, and has a pipeline of seven novel immunotherapies plus a strategic collaboration with Swiss giant Novartis (NOVN: VX).
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