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Bio-Path Holdings Announces Closing of $4.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Newsfilter· 2024-06-05 21:46
Core Viewpoint - Bio-Path Holdings, Inc. has successfully closed a private placement, raising approximately $4.0 million through the issuance of shares and warrants, aimed at supporting its biotechnology initiatives in cancer treatment [1][2]. Group 1: Private Placement Details - The company issued a total of 1,809,955 shares of common stock and corresponding series A and series B warrants, with a purchase price of $2.21 per share [1]. - The series A warrants have an exercise price of $2.00 per share and are valid for five years, while the short-term series B warrants also have the same exercise price but expire in twenty-four months [1]. - H.C. Wainwright & Co. served as the exclusive placement agent for this offering [2]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for working capital and general corporate purposes [2]. Group 3: Company Overview - Bio-Path is focused on developing its proprietary DNAbilize® technology, which facilitates the creation of targeted nucleic acid cancer drugs [5]. - The lead product candidate, prexigebersen (BP1001), is currently in a Phase 2 study for blood cancers, while BP1001-A is in a Phase 1/1b study for solid tumors [5]. - The company is also advancing BP1002, targeting the Bcl-2 protein for blood cancers and solid tumors, and plans to file an IND application for BP1003, a novel STAT3 antisense oligodeoxynucleotide [5].
Stonegate Capital Partners Updates Coverage on Bio-Path Holdings, Inc. (BPTH) Q1 24
Newsfile· 2024-06-04 20:55
Key Points - Bio-Path Holdings, Inc. (NASDAQ: BPTH) is currently advancing its Prexigebersen Phase 2 clinical trial [2] - The company has a diverse pipeline with numerous drug candidates under development [2] - Bio-Path has successfully raised $3.5 million in 2024, providing sufficient liquidity for its operations [2]
Bio-Path Holdings Announces $4.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Newsfilter· 2024-06-04 12:00
HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Bio-Path Holdings, Inc. (NASDAQ:BPTH) ("Bio-Path" or the "Company"), a biotechnology company leveraging its proprietary DNAbilize® liposomal delivery and antisense technology to develop a portfolio of targeted nucleic acid cancer drugs, today announced that it has entered into a definitive agreement for the issuance and sale of an aggregate of 1,809,955 shares of its common stock (or common stock equivalents in lieu thereof), series A warrants to purchase up to 1,8 ...
Bio-Path Holdings Presents Data from Ongoing Phase 2 Combination Study of Prexigebersen for Treatment of Acute Myeloid Leukemia at American Society of Clinical Oncology (ASCO) Annual Meeting
GlobeNewswire News Room· 2024-06-03 11:00
HOUSTON, June 03, 2024 (GLOBE NEWSWIRE) -- Bio-Path Holdings, Inc., (NASDAQ:BPTH), a biotechnology company leveraging its proprietary DNAbilize® liposomal delivery and antisense technology to develop a portfolio of targeted nucleic acid cancer drugs, presented interim results from the Company's Phase 2 study of prexigebersen (BP1001) in combination with decitabine and venetoclax for the treatment of acute myeloid leukemia (AML) in an oral presentation at the American Society of Clinical Oncology (ASCO) Annu ...
Bio-Path Holdings to Present Data at 2024 European Hematology Association Congress
Newsfilter· 2024-05-24 11:00
Jorge Cortes, M.D., Director of the Georgia Cancer Center, will present interim results from the Company's Phase 2 study of prexigebersen (BP1001) in combination with decitabine and venetoclax for the treatment of acute myeloid leukemia (AML). The data show prexigebersen continues to be well-tolerated and has now demonstrated compelling efficacy results in two reporting cohorts including evaluable newly diagnosed AML patients and evaluable refractory/relapsed AML patients, both of which exceeded outcomes wi ...
Bio-Path Holdings to Present Data at 2024 European Hematology Association Congress
globenewswire.com· 2024-05-24 11:00
Core Insights - Bio-Path Holdings, Inc. is set to present interim results from its Phase 2 study of prexigebersen (BP1001) for acute myeloid leukemia (AML) at the 2024 European Hematology Association Congress [1][2][3] Company Overview - Bio-Path Holdings, Inc. is a biotechnology company focused on developing targeted nucleic acid cancer drugs using its proprietary DNAbilize® liposomal delivery and antisense technology [1][4] - The lead product candidate, prexigebersen (BP1001), targets the Grb2 protein and is currently in a Phase 2 study for blood cancers [4] - The company is also developing BP1002, which targets the Bcl-2 protein, and BP1003, a novel liposome-incorporated STAT3 antisense oligodeoxynucleotide [4] Clinical Study Insights - The interim results presented by Dr. Jorge Cortes indicate that prexigebersen is well-tolerated and shows compelling efficacy in newly diagnosed and refractory/relapsed AML patients, outperforming frontline therapy [2][3] - The poster presentation is scheduled for June 14, 2024, at 6:00 PM CEST, at IFEMA Madrid Recinto Ferial, Hall 7, with the abstract number P536 [3]
Bio-Path Holdings to Present Data at American Society of Clinical Oncology (ASCO) Annual Meeting
globenewswire.com· 2024-05-23 21:00
HOUSTON, May 23, 2024 (GLOBE NEWSWIRE) -- Bio-Path Holdings, Inc., (NASDAQ:BPTH), a biotechnology company leveraging its proprietary DNAbilize® liposomal delivery and antisense technology to develop a portfolio of targeted nucleic acid cancer drugs, today announced an upcoming oral presentation at the American Society of Clinical Oncology (ASCO) Annual Meeting, taking place May 31 - June 4, 2024 in Chicago, IL. Maro Ohanian, D.O., Department of Leukemia, University of Texas MD Anderson Cancer Center, will p ...
Bio-Path(BPTH) - 2024 Q1 - Earnings Call Transcript
2024-05-15 15:04
Bio-Path Holdings Inc. (NASDAQ:BPTH) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Will O'Connor - Stern Investor Relations Peter Nielsen - Chief Executive Officer and Chief Financial Officer Anthony Price - Senior Vice President of Finance, Accounting and Administration Operator Good morning ladies and gentlemen. Welcome to the Bio-Path Holdings First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following the formal remarks ...
Bio-Path(BPTH) - 2024 Q1 - Quarterly Results
2024-05-15 11:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol Name of each exchange on which registered FORM 8-K Date of report (Date of earliest event reported): May 15, 2024 (Exact name of registrant as specified in its charter) (832) 742-1357 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ...
Bio-Path(BPTH) - 2024 Q1 - Quarterly Report
2024-05-14 20:10
Delaware 87-0652870 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Or 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 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36333 (Exact name of registrant as specified in its charter) Securiti ...