Private company
TCR2 THERAPEUTICS INC.
American biological products company based in Cambridge, active since 20152
In its 2023 annual report the company says: “We are a clinical-stage cell therapy company developing a pipeline of novel T cell therapies for cancer patients suffering from solid tumors by powering the T cell receptor (TCR) with our proprietary, first-in-class TCR Fusion Construct T cells (TRuC-T cells).”48
Last updated Oct 20, 2026.
Overview
- IndustryBiological Products, (No Diagnostic Substances)2
- HeadquartersCambridge, United States2
- Incorporated inDE3
- Business address100 Binney Street, Cambridge, Ma 021423
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI5493007TR1ORJAZ8YK342
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 57563002
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Research and development | $19.7M4 | $37.5M5 | $52.0M6 | $73.6M7 | $98.6M7 | ||
| Operating expenses | $99.7M7 | $153.5M7 | |||||
| Operating income | -$26.5M4 | -$51.4M5 | -$68.7M6 | -$99.7M7 | -$153.5M7 | ||
| Income before tax | -$99.5M7 | -$151.6M7 | |||||
| Income tax | $102.0K5 | $161.0K6 | $289.0K7 | $261.0K7 | |||
| Net income | -$24.3M4 | -$47.6M5 | -$67.1M6 | -$99.8M7 | -$151.8M7 | ||
| Earnings per share | -$2.637 | -$3.937 | |||||
| Earnings per share (diluted) | -$2.637 | -$3.937 | |||||
| Shares (weighted, basic) | 37.9M shares7 | 38.6M shares7 | |||||
| Shares (weighted, diluted) | 37.9M shares7 | 38.6M shares7 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $20.1M4 | $47.7M4 | $65.3M5 | $94.2M6 | $222.6M7 | $32.7M7 | |
| Current assets | $125.5M4 | $163.2M5 | $235.5M6 | $276.1M7 | $177.6M7 | ||
| Property, plant and equipment | $17.1M7 | $6.2M7 | |||||
| Total assets | $129.4M4 | $168.5M5 | $246.2M6 | $323.4M7 | $208.2M7 | ||
| Accounts payable | $2.1M7 | $2.8M7 | |||||
| Current liabilities | $5.5M4 | $7.5M5 | $8.8M6 | $18.6M7 | $64.1M7 | ||
| Total liabilities | $5.9M4 | $8.1M5 | $9.6M6 | $41.9M7 | $67.4M7 | ||
| Retained earnings | -$349.5M7 | -$501.3M7 | |||||
| Shareholders’ equity | -$26.3M4 | -$85.7M5 | $160.4M6 | $236.5M7 | $281.5M7 | $140.9M7 | |
| Shares outstanding | 727.0K shares4 | 24.0M shares5 | 33.5M shares6 | 38.5M shares7 | 39.2M shares7 | 39.2M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$18.7M4 | -$41.4M5 | -$56.7M6 | -$81.6M7 | -$101.5M7 | ||
| Depreciation and amortization | $2.8M7 | $3.0M7 | |||||
| Stock-based compensation | $12.3M7 | $11.4M7 | |||||
| Capital spending | $1.0M4 | $3.9M5 | $7.2M6 | $11.1M7 | $15.1M7 | ||
| Free cash flow | -$19.8M | -$45.2M | -$63.9M | -$92.7M | -$116.6M | ||
| Cash from investing | $78.4M7 | -$88.5M7 | |||||
| Cash from financing | $132.1M7 | $125.0K7 |
Corporate structure
TCR2 THERAPEUTICS INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of TCR2 THERAPEUTICS INC.
- TANG CAPITAL PARTNERS LP Filed SC 13G/A on TCR2 THERAPEUTICS INC., latest Feb 14, 2024 (4 filings since Mar 4, 2022)
- K2 PRINCIPAL FUND, L.P. Filed SC 13G/A on TCR2 THERAPEUTICS INC., latest Feb 9, 2023 (2 filings since Sep 1, 2022)
- Redmile Group, LLC Filed SC 13G/A on TCR2 THERAPEUTICS INC., latest Feb 14, 2022
- Wellington Management Company Filed SC 13G/A on TCR2 THERAPEUTICS INC., latest Nov 10, 2021
- TCR2 THERAPEUTICS INC. Cambridge, Massachusetts, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What TCR2 THERAPEUTICS INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $12.3M7 Dec 31, 2022 | $21.7M7 Dec 31, 2021 | −43.4% |
| Accumulated depreciation | $6.1M7 Dec 31, 2022 | $4.6M7 Dec 31, 2021 | +32.3% |
| Property and equipment, net | $6.2M7 Dec 31, 2022 | $17.1M7 Dec 31, 2021 | −63.9% |
| Operating-lease assets (leased space) | $22.5M7 Dec 31, 2022 | $28.3M7 Dec 31, 2021 | −20.4% |
Investments
Leadership
Who has led TCR2 THERAPEUTICS INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerGarry E. Menzel Feb 13, 2019 to Jun 1, 202311
- PresidentGarry E. Menzel Feb 13, 2019 to Jun 1, 202311
- Chief financial officerEric Sullivan Jun 27, 2022 to Jun 1, 202312
- Chief financial officerMayur Ian Somaiya Feb 13, 2019 to Dec 16, 202013
- Chief operating officerPeter Olagunju Jun 1, 2023 to Jun 1, 202314
Board members and other officers (14)
- Chief Business & StrategyRosemary Harrison Jan 12, 2022 to Jun 1, 202315
- Chief Technical OfficerPeter Olagunju Jul 27, 2021 to Dec 19, 202216
- Chief People OfficerAngela Justice Mar 27, 2020 to Jun 1, 202317
- Chief Medical OfficerAlfonso Quintas Cardama Feb 13, 2019 to Jun 1, 202318
- Chief Scientific OfficerRobert Hofmeister Feb 13, 2019 to Dec 10, 202119
- Board memberShawn Tomasello Feb 4, 2021 to Jun 1, 202320
- Board memberPriti Hegde Aug 26, 2021 to Jun 1, 202321
- Board memberAxel Hoos Apr 15, 2020 to Jun 1, 202322
- Board memberAndrew R. Allen Feb 13, 2019 to Jun 1, 202323
- Board memberAnsbert Gadicke Feb 13, 2019 to Jun 5, 202324
- Board memberGarry E. Menzel Feb 13, 2019 to Jun 1, 202311
- Board memberMitchell H. Finer Feb 13, 2019 to Feb 13, 201925
- Board memberMorana Jovan-Embiricos Feb 13, 2019 to Feb 21, 201926
- Board memberPatrick Baeuerle Feb 13, 2019 to Dec 11, 202027
Timeline
- Jun 1, 20238-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights28
- May 30, 20238-K Shareholder vote29
- May 24, 20238-K Entered a material agreement30
- May 22, 20238-K Other events31
- May 11, 20238-K Results of operations32
- Mar 23, 20238-K Results of operations33
- Mar 10, 20238-K Regulation FD disclosure34
- Mar 6, 20238-K Entered a material agreement; Executive or director change; Regulation FD disclosure35
- Jan 5, 20238-K Exit or restructuring costs; Regulation FD disclosure36
- Jan 3, 20238-K Executive or director change37
- Nov 8, 20228-K Results of operations38
- Oct 14, 20228-K Shareholder vote39
- Feb 13, 2019New chief executive Garry E. Menzel becomes CEO11
- May 29, 2015Founded TCR2 THERAPEUTICS INC. is founded2
Calendar
When it reported results
- May 11, 2023Reported quarterly or annual results32
- Mar 23, 2023Reported quarterly or annual results33
- Nov 8, 2022Reported quarterly or annual results38
- Aug 8, 2022Reported quarterly or annual results40
- May 12, 2022Reported quarterly or annual results41
- Mar 22, 2022Reported quarterly or annual results42
- Nov 10, 2021Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
143 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 23 major events, 74 insider forms, 8 large holders, 31 other. The latest 20:
- Feb 14, 20244 EDGAR
- Feb 14, 2024SC 13G/A AMENDMENT NO. 3 EDGAR
- Jun 12, 202315-12G EDGAR
- Jun 5, 2023EFFECT EDGAR
- Jun 5, 2023EFFECT EDGAR
- Jun 5, 2023EFFECT EDGAR
- Jun 5, 20234 FORM 4 SUBMISSION EDGAR
- Jun 5, 20234 FORM 4 SUBMISSION EDGAR
- Jun 5, 20234 FORM 4 SUBMISSION EDGAR
- Jun 5, 20234 FORM 4 SUBMISSION EDGAR
- Jun 1, 2023POS AM EDGAR
- Jun 1, 2023POS AM EDGAR
- Jun 1, 2023POS AM EDGAR
- Jun 1, 2023S-8 POS EDGAR
- Jun 1, 2023S-8 POS EDGAR
- Jun 1, 2023S-8 POS EDGAR
- Jun 1, 2023S-8 POS EDGAR
- Jun 1, 2023S-8 POS EDGAR
- Jun 1, 20234 OWNERSHIP DOCUMENT EDGAR
- Jun 1, 20234 OWNERSHIP DOCUMENT EDGAR
The 143 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
42 open-market trades by officers, directors and large owners since October 2021: 9 buys and 33 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 25, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 50,000 | $1.72 | $86.0K | Form 4 |
| May 22, 2023 | MPM ASSET MANAGEMENT LLC10% owner | Sale | 70,170 | $1.88 | $131.9K | Form 4 |
| May 22, 2023 | GADICKE ANSBERTDirector | Sale | 70,170 | $1.88 | $131.9K | Form 4 |
| May 12, 2023 | TANG KEVIN C10% owner | Buy | 6,183 | $1.95 | $12.1K | Form 4 |
| May 11, 2023 | TANG KEVIN C10% owner | Buy | 38,765 | $1.95 | $75.6K | Form 4 |
| May 10, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 6,774 | $1.95 | $13.2K | Form 4 |
| May 9, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 20,141 | $1.95 | $39.3K | Form 4 |
| May 8, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 57,073 | $1.95 | $111.3K | Form 4 |
| May 5, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 166,823 | $1.92 | $319.8K | Form 4 |
| May 4, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 104,241 | $1.86 | $193.9K | Form 4 |
| May 3, 2023 | TANG CAPITAL PARTNERS LP10% owner | Buy | 18,513 | $1.85 | $34.2K | Form 4 |
| Dec 13, 2022 | Cardama Alfonso QuintasChief Medical Officer | Sale | 4,752 | $1.06 | $5.0K | Form 4 |
| Dec 13, 2022 | Olagunju PeterChief Operating Officer | Sale | 1,659 | $1.07 | $1.8K | Form 4 |
| Dec 13, 2022 | Menzel Garry EPresident and CEO | Sale | 11,000 | $1.06 | $11.7K | Form 4 |
| Dec 12, 2022 | Cardama Alfonso QuintasChief Medical Officer | Sale | 4,586 | $1.10 | $5.0K | Form 4 |
| Dec 12, 2022 | Olagunju PeterChief Operating Officer | Sale | 1,610 | $1.10 | $1.8K | Form 4 |
| Dec 12, 2022 | Justice AngelaChief People Officer | Sale | 5,828 | $1.08 | $6.3K | Form 4 |
| Dec 12, 2022 | Menzel Garry EPresident and CEO | Sale | 10,613 | $1.10 | $11.7K | Form 4 |
| Dec 9, 2022 | Cardama Alfonso QuintasChief Medical Officer | Sale | 4,461 | $1.13 | $5.0K | Form 4 |
| Dec 9, 2022 | Olagunju PeterChief Operating Officer | Sale | 1,561 | $1.13 | $1.8K | Form 4 |
All 42 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- TANG CAPITAL PARTNERS LPSC 13G/A, 4 filings Mar 4, 2022 to Feb 14, 202444
- K2 PRINCIPAL FUND, L.P.SC 13G/A, 2 filings Sep 1, 2022 to Feb 9, 202345
- Redmile Group, LLCSC 13G/A, 1 filing Feb 14, 202246
- Wellington Management CompanySC 13G/A, 1 filing Nov 10, 202147
SEC filer profile
How TCR2 THERAPEUTICS INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTCR2 THERAPEUTICS INC.1
- CIK0001750019
- Employer ID (EIN)47-41527511
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2836 Biological Products, (No Diagnostic Substances)1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address100 Binney Street, Cambridge, MA 021421
- Phone617-949-52001
- Shares outstanding39,261,745 as of May 1, 202310
- Public float$89.6B as of Jun 30, 20227
- On EDGAR sinceSep 7, 20181
- Filings318 in all: 4 (126), 8-K (50), 3 (24), 10-Q (13), SC 13G/A (12), 425 (10), SC 13G (9), DEFA14A (6)1
All 38 form types
EFFECT (6), 10-K (5), 424B5 (5), CORRESP (5), S-8 (5), S-8 POS (5), DEF 14A (4), POS AM (4), UPLOAD (4), DRSLTR (3), DRS/A (2), S-1/A (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERT (1), CT ORDER (1), DEFM14A (1), DRS (1), FWP (1), POSASR (1), S-1 (1), S-3 (1), S-3/A (1), S-3ASR (1), S-3MEF (1), SC 13D (1), SC TO-I (1), SC TO-I/A (1)
- Latest filingsAnnual report (10-K) Mar 23, 2023
Quarterly report (10-Q) May 11, 2023
Proxy statement (DEF 14A) Sep 1, 2022
Latest 8-K (8-K) Jun 1, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARAngela Justice, Chief People Officer
- 18
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- 20SEC EDGARShawn Tomasello, Board member
- 21SEC EDGARPriti Hegde, Board member
- 22SEC EDGARAxel Hoos, Board member
- 23SEC EDGARAndrew R. Allen, Board member
- 24SEC EDGARAnsbert Gadicke, Board member
- 25SEC EDGARMitchell H. Finer, Board member
- 26SEC EDGARMorana Jovan-Embiricos, Board member
- 27SEC EDGARPatrick Baeuerle, Board member
- 28
- 29SEC EDGARShareholder vote
- 30SEC EDGAREntered a material agreement
- 31SEC EDGAROther events
- 32SEC EDGARResults of operations
- 33SEC EDGARResults of operations
- 34SEC EDGARRegulation FD disclosure
- 35
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- 37SEC EDGARExecutive or director change
- 38SEC EDGARResults of operations
- 39SEC EDGARShareholder vote
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