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Altimmune Added to Nasdaq Biotechnology Index
Globenewswire· 2024-12-19 12:30
GAITHERSBURG, Md., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it will be added to the Nasdaq Biotechnology Index (Nasdaq: NBI) effective prior to the market open on Monday, December 23, 2024. “Our addition to the NBI is an important recognition to conclude what has been a year of major progress for the Company,” said Vipin K. Garg, Ph.D., President and Chief Executive Officer of Altimmune. “With a number of significant in ...
Altimmune 2025: Redefining Obesity And MASH Treatment
Seeking Alpha· 2024-12-16 08:14
Company Overview - Altimmune is a small-cap biotech company focused on developing a GLP-1/Glucagon dual-agonist peptide called Pemvidutide [1] - The company has pivoted multiple times in its history but is now targeting the obesity and MASH (metabolic dysfunction-associated steatohepatitis) markets [1] Product Focus - Pemvidutide is a key product in the company's pipeline, aimed at addressing obesity and MASH [1] Market Strategy - The company is positioning itself in the growing markets of obesity and MASH, which are significant areas of unmet medical need [1]
Altimmune Stock Up More Than 25% in a Month: Here's Why
ZACKS· 2024-12-02 15:31
Altimmune (ALT) is developing its lead candidate, pemvidutide, a novel, investigational and peptide-based GLP-1/glucagon dual receptor agonist for treating obesity and metabolic dysfunction-associated steatohepatitis (MASH).The company has made rapid progress with the development of pemvidutide, which has pushed up its stock price in recent months. A phase IIb IMPACT study is ongoing which is evaluating pemvidutide for the treatment of patients with biopsy-confirmed MASH.Last month, Altimmune completed the ...
Altimmune Presents New Data on the Effect of Pemvidutide on Inflammatory Lipids in Subjects with Metabolic Dysfunction-Associated Steatotic Liver Disease (MASLD) at The Liver Meeting® 2024
GlobeNewswire News Room· 2024-11-15 16:00
Weekly subcutaneous doses of pemvidutide resulted in robust reductions in cardio-inflammatory, hepato-inflammatory and atherosclerotic lipids Findings support the potential benefit of pemvidutide on co-morbidities of metabolic dysfunction-associated steatohepatitis (MASH), including atherosclerosis, heart disease and metabolic syndrome Pemvidutide is currently being evaluated in IMPACT, the Phase 2b trial in subjects with MASH; data readout expected in Q2 2025 GAITHERSBURG, Md., Nov. 15, 2024 (GLOBE NEWSWIR ...
Altimmune: Pemvidutide As MASH Drug Could Provide Competitive Edge
Seeking Alpha· 2024-11-13 20:43
This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmaceutical service on Seeking Alpha Marketplace. If you like what you read here and would like to subscribe to, I'm currently offering a two-week free trial period for subscribers to take advantage of. My service offers a deep-dive analysis of many pharmaceutical companies. The Biotech Analysis Central SA marketplace is $49 per month, but for those who sign up for the yearly plan will be able to take advantage of a 33. ...
Altimmune's Pemvidutide Gains Momentum: Sizeable TAMs In Obesity And Liver Health
Seeking Alpha· 2024-11-13 17:38
Core Insights - Altimmune, Inc. (NASDAQ: ALT) is advancing its lead drug candidate, Pemvidutide (ALT-801), which shows significant potential as a treatment for obesity and metabolic-associated liver disease (MASLD/MASH) [1] Group 1 - The drug candidate Pemvidutide is positioned as a comprehensive treatment option for obesity and MASLD/MASH [1] - The analysis highlights the promising nature of Pemvidutide's mechanism, which involves GLP1/glucagon pathways [1]
Altimmune(ALT) - 2024 Q3 - Quarterly Report
2024-11-12 21:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32587 ALTIMMUNE, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 20-2726770 (State or ...
Altimmune(ALT) - 2024 Q3 - Earnings Call Transcript
2024-11-12 15:00
Altimmune, Inc. (NASDAQ:ALT) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Lee Roth - Burns McClellan, Investor Relations Advisors, Altimmune Vipin Garg - Chief Executive Officer Scott Harris - Chief Medical Officer Andrew Shutterly - Acting Chief Financial Officer Ray Jordt - Chief Business Officer Conference Call Participants Yasmeen Rahimi - Piper Sandler Liisa Bayko - Evercore William Wood - B. Riley Securities Operator Good day, ladies and gentlemen, and welcome to ...
Altimmune(ALT) - 2024 Q3 - Quarterly Results
2024-11-12 12:09
Exhibit 99.1 Altimmune Announces Third Quarter 2024 Financial Results and Provides a Business Update Enrollment completed in Phase 2b IMPACT trial of pemvidutide in metabolic dysfunction-associated steatohepatitis (MASH); top-line efficacy data expected in Q2 2025 Successful completion of the obesity End-of-Phase 2 meeting with the FDA Company plans to submit Investigational New Drug (IND) applications for pemvidutide in up to three additional indications beginning Q4 2024 Cash, cash equivalents and short-t ...
Altimmune Appoints Life Sciences Industry Veteran Greg Weaver as Chief Financial Officer
GlobeNewswire News Room· 2024-11-11 12:30
GAITHERSBURG, Md., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced the appointment of Greg Weaver as Chief Financial Officer (CFO), effective immediately. Mr. Weaver will lead the Company’s finance and accounting functions, including SEC reporting and investor relations. “We are pleased to welcome Greg to Altimmune’s executive team during such a pivotal time in our evolution. He has a wealth of experience that we believe will be in ...