Eterna Therapeutics (ERNA)
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Ernexa Therapeutics Presented Promising Data on Innovative Cell Therapy Treatment at AACR Annual Meeting 2025
GlobeNewswire News Room· 2025-04-29 12:30
Core Insights - Ernexa Therapeutics presented new data on engineered cell therapies for ovarian cancer at the AACR Annual Meeting 2025, highlighting the potential of these therapies to enhance immune response and shrink tumors [1][4]. Company Overview - Ernexa Therapeutics (Nasdaq: ERNA) focuses on developing innovative cell therapies for advanced solid tumors and autoimmune diseases, utilizing induced pluripotent stem cells (iPSCs) transformed into induced mesenchymal stem cells (iMSCs) [5][6]. - The company’s lead product, ERNA-101, aims to activate and regulate the immune system's response against cancer cells, specifically targeting ovarian cancer [6]. Research Findings - The study demonstrated that iMSCs significantly slowed tumor growth and improved survival rates in mice with ovarian cancer, increasing the presence of immune cells such as T cells, natural killer (NK) cells, and macrophages [3]. - iMSCs were shown to enhance T cell growth and multiplication, even in drug-resistant cancer cases, outperforming traditional MSCs in these aspects [3]. Future Implications - The findings suggest that ERNA-101 could represent a more effective, accessible, and scalable treatment option for cancer patients, reinforcing Ernexa's commitment to advancing cancer therapies [4].
Ernexa Therapeutics Announces New Data to be Presented at AACR Annual Meeting 2025
GlobeNewswire News Room· 2025-04-22 12:30
Core Insights - Ernexa Therapeutics is presenting new data on its lead cell therapy product, ERNA-101, at the AACR Annual Meeting 2025, focusing on advanced cancer and autoimmune disease treatment [1][2] Company Overview - Ernexa Therapeutics specializes in innovative cell therapies targeting advanced solid tumors and autoimmune diseases, utilizing engineered induced pluripotent stem cells (iPSCs) to create allogeneic synthetic induced mesenchymal stem cells (iMSCs) [4] - The company is developing two main cell therapy products: ERNA-101 for ovarian cancer and ERNA-102 for autoimmune diseases, both currently in preclinical stages [5] Product Details - ERNA-101 employs specially engineered cells to deliver treatment directly to ovarian tumors by secreting immune-stimulating cytokines, aiming to enhance anti-tumor immune responses [2][5] - The study on ERNA-101 is led by Dr. Michael Andreeff from The University of Texas MD Anderson Cancer Center, highlighting its potential to reshape the tumor microenvironment [2] Presentation Information - The poster presentation for the study will take place on April 28, 2025, from 2:00–5:00 pm CDT, under the session category of Immunology, with details available for conference attendees [3]
Ernexa Therapeutics Closes New Funding Round
Globenewswire· 2025-04-03 12:55
Core Insights - Ernexa Therapeutics is advancing its strategic focus on innovative cell therapies for cancer and autoimmune diseases, particularly ovarian cancer [1][2][3] - The company has entered into a securities purchase agreement for a private placement of approximately 69.3 million shares at a price of $0.1046 per share, totaling around $7.25 million, pending stockholder approval [1][2] - The first closing of this transaction occurred on April 2, 2025, raising approximately $1.1 million from the issuance of about 10.4 million shares [2] Company Overview - Ernexa Therapeutics specializes in developing cell therapies targeting advanced solid tumors and autoimmune diseases, utilizing induced pluripotent stem cells (iPSCs) to create allogeneic synthetic mesenchymal stem cells (iMSCs) [4] - The company is currently focused on two preclinical cell therapy products: ERNA-101, aimed at treating ovarian cancer, and ERNA-102, designed to address inflammation in autoimmune diseases [5] Recent Developments - The recent fundraising follows a previous private investment in public equity (PIPE) round in 2024, which secured $5 million in financing [3] - Ernexa has undergone a rebranding to reflect its new strategic direction, emphasizing its commitment to advancing therapeutic innovation [2][3]
Eterna Therapeutics Changes Name to Ernexa Therapeutics to Reflect New Strategic Focus on Ovarian Cancer and Autoimmune Disease
Newsfilter· 2025-03-25 12:30
Core Insights - Ernexa Therapeutics has shifted its strategic focus from a cell therapy platform to prioritizing product development, emphasizing its commitment to patient impact with the new tagline "Breaking Through Defenses, Delivering Hope" [1][2] Company Overview - Ernexa Therapeutics, formerly Eterna Therapeutics, is a leader in cell therapies targeting advanced cancer and autoimmune diseases, with a focus on engineering induced pluripotent stem cells (iPSCs) into induced mesenchymal stem cells (iMSCs) [1][6] - The company aims to provide scalable, off-the-shelf treatment solutions through its allogeneic synthetic iMSCs, addressing challenges such as immune rejection and donor shortages [2][6] Product Development - Ernexa is developing two cell therapy products currently in preclinical trials: ERNA-101, aimed at enhancing the immune system's response to cancer, and ERNA-102, designed to treat inflammation and autoimmune diseases [3][7] - ERNA-101 is specifically being developed for ovarian cancer, a field with significant unmet medical needs due to the lack of effective targeted therapies [4][5] Market Potential - The company highlights the potential of ERNA-101 and ERNA-102 to significantly impact the treatment landscape for ovarian cancer and autoimmune diseases, respectively [5][7]
Eterna Therapeutics (ERNA) - 2024 Q4 - Annual Report
2025-03-12 20:20
Product Development and Regulatory Approval - The company expects to complete Investigational New Drug (IND) enabling studies and IND submission for its lead product candidate ERNA-101 by 2026[21]. - The company is focusing on developing ERNA-101 for platinum-resistant ovarian cancer, leveraging its collaboration with the University of Texas MD Anderson Cancer Center[21]. - The company is investigating anti-inflammatory cytokine-secreting iMSCs (ERNA-102) for inflammatory/auto-immune disorders like rheumatoid arthritis[22]. - The regulatory approval processes for its product candidates are lengthy and unpredictable, posing risks to the company's business[19]. - Regulatory approvals for drugs and biologics are critical, requiring substantial time and financial resources, with the FDA's New Drug Application process being a key hurdle[40]. - The FDA's rigorous regulatory framework necessitates comprehensive testing and approval processes, which can significantly affect product timelines and costs[44]. - The FDA requires that clinical trials follow detailed protocols, with progress reports submitted at least annually[47]. - Phase 1 trials assess safety and pharmacokinetics, while Phase 2 trials evaluate efficacy and dosage in a limited patient population[48]. - Phase 3 trials confirm clinical efficacy and safety in a larger, diverse population, typically requiring two well-controlled studies for FDA approval[48]. - Post-approval, the FDA may impose additional requirements, including risk evaluation and mitigation strategies (REMS) to ensure drug safety[59]. - The approval process for marketing applications (MA) can take years and involves comprehensive reviews, including potential advisory committee evaluations[52]. - Changes to approved marketing applications require submission of a supplemental application, often necessitating additional clinical data[61]. - The FDA and corresponding foreign regulatory agencies must approve any new manufacturers after commercialization, which may involve significant lead times and costs[39]. - The company must navigate varying foreign regulatory requirements for marketing authorization and clinical trials, which can impact product commercialization[63]. - The centralized procedure under the EU regulatory system allows for a single application to the EMA for marketing approval across the EU[64]. Intellectual Property and Licensing - The company has in-licensed 13 patent families, including 33 granted patents and 31 pending applications, as of March 10, 2025[29]. - The company relies heavily on in-licensed intellectual property, particularly from Factor Limited, which is critical for its product development[16]. - The patent families include innovations in engineered gene-editing proteins and mesenchymal stem cell therapies, indicating a focus on advanced therapeutic solutions[31]. - The company has multiple pending patents related to nucleic acid products and gene editing technologies, with applications filed in the US, Canada, Europe, and Japan[30]. - The patent term for utility patents is generally 20 years from the earliest effective filing date, with potential extensions under specific conditions[33]. - The company may face challenges in obtaining and maintaining intellectual property rights, which could materially impact its business[35]. - The Factor L&C Agreement grants an exclusive license in cancer, autoimmune disorders, and rare diseases, allowing the company to develop licensed technology directly or through co-development agreements[25]. - The company will pay Factor $0.2 million per month for the first twelve months and $0.1 million per month for patent costs, along with milestone and royalty payments on net sales[27]. - As of March 10, 2025, the company has in-licensed 13 patent families, including 33 granted patents and 31 pending applications, focusing on synthetic allogeneic iMSC therapy[29]. - The patent protection for the iMSC technology platform includes various jurisdictions, with the earliest effective filing date for some patents dating back to December 5, 2011[29]. Financial Performance and Strategic Partnerships - The company has incurred significant losses since inception and expects to continue incurring losses for the foreseeable future[16]. - The company is actively seeking strategic partnerships to co-develop or out-license therapeutic assets[23]. - The company faces risks related to intellectual property challenges, which could materially impact its business operations[35]. - The company is subject to various risks, including regulatory approval processes and competition that may affect its financial condition[19]. - The company is focused on developing a pipeline of therapeutic products through strategic partnerships, particularly leveraging its synthetic allogeneic iMSC therapy[29]. - The ability to commercialize products depends significantly on third-party payor reimbursement, which is increasingly scrutinizing drug pricing and cost-effectiveness[65]. - Companies must demonstrate the cost-effectiveness of their products to secure reimbursement from third-party payors, which is increasingly scrutinized[65]. - The healthcare industry is undergoing fundamental changes due to political, economic, and regulatory influences, which may affect product development and commercialization[66]. Competition and Market Environment - The company acknowledges intense competition in the biotechnology and pharmaceutical industries, facing rivals with greater resources[71]. - The company faces competition from multinational pharmaceutical companies and established biotechnology firms, which may have significantly greater resources[71]. - The company’s synthetic iMSC technology competes with existing MSC-based therapies and emerging technologies in the treatment of solid tumors and inflammatory diseases[70]. - The Inflation Reduction Act of 2022 mandates that the federal government negotiate drug prices starting in 2026 and requires rebates for price increases above inflation[67]. - Regulatory compliance with cGMPs is essential post-FDA approval, requiring ongoing investment in production and quality control[62]. Employee and Organizational Structure - The company had six full-time employees as of March 10, 2025, including two in research and development and four in administrative roles[72]. - The company emphasizes employee satisfaction and well-being, offering competitive compensation and benefits to attract and retain talent[73].
Eterna Therapeutics Hosts Successful Inaugural Meeting with Newly Formed Scientific Advisory Board to Advance Cell Therapy Pipeline
Globenewswire· 2025-02-26 13:30
Core Insights - Eterna Therapeutics is advancing its induced mesenchymal stem cell (iMSC) therapy programs for treating advanced solid tumors and autoimmune diseases, with a successful inaugural meeting of its Scientific Advisory Board focusing on preclinical advances and clinical trial roadmaps [1][2][3] Company Overview - Eterna Therapeutics (Nasdaq: ERNA) specializes in innovative cell therapies, particularly through engineering induced pluripotent stem cells (iPSCs) into iMSCs, offering scalable, off-the-shelf treatment solutions without the need for patient-specific cell harvesting [4] Product Development - The company is developing two lead products: ERNA-101, aimed at activating the immune system to target cancer cells, and ERNA-102, designed to address inflammation in autoimmune diseases, with a primary focus on ovarian cancer for ERNA-101 [5][8] Scientific Advisory Board Insights - The Scientific Advisory Board includes leading experts who engaged in discussions about advancing next-generation cell therapies, emphasizing the importance of scientific rigor and innovation [2][7] - Highlights from the meeting included positive preclinical data for ERNA-101, strategies for optimizing dosage and administration routes, and potential combination therapies with CAR-T therapy and other immunomodulatory approaches [8] Future Directions - Eterna plans to continue collaboration with the Scientific Advisory Board and stakeholders to translate innovative therapies into clinical practice, with a focus on rigorous quality, safety, and efficacy criteria [3][8]
Eterna Therapeutics Announces Expansion of Scientific Advisory Board
Newsfilter· 2025-01-28 13:30
CAMBRIDGE, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Eterna Therapeutics (NASDAQ:ERNA), a leader in cell therapies for the treatment of advanced solid tumors, today announced the addition of Jerome Zeldis, M.D., Ph.D., and Blythe Sather, Ph.D., to the company's scientific advisory board. "We are fortunate to welcome Dr. Zeldis and Dr. Sather," said Sanjeev Luther, President & CEO of Eterna Therapeutics. "Their extensive experience in developing transformative, high-profile cell therapies for solid tumors has ...
Eterna Therapeutics Announces Positive Preclinical Study Results on Lead Product ERNA-101 in Ovarian Cancer
Globenewswire· 2025-01-14 13:30
New data from proof-of-concept study provides roadmap for treatment of ovarian cancerCAMBRIDGE, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Eterna Therapeutics (Nasdaq: ERNA), a leader in cell therapies for the treatment of advanced solid tumors, today announced positive results from a preclinical study on the company’s lead cell therapy product, ERNA-101, which is designed to activate and regulate the immune system's response to recognize and attack ovarian cancer cells. This successful proof-of-concept study ...
Eterna Therapeutics Announces Appointment of Dr. Elena Ratner to Board of Directors
Globenewswire· 2025-01-09 12:30
Company Announcement - Eterna Therapeutics appoints Dr Elena Ratner to its Board of Directors to lead strategic efforts in ovarian cancer research and treatment [1][2] - Dr Ratner brings extensive expertise in obstetrics gynecology and reproductive sciences from Yale University [1][4] - Eterna aims to accelerate advancements in innovative therapies for ovarian and breast cancers leveraging Dr Ratner's leadership and recent collaboration with MD Anderson Cancer Center [2] Product Development - Eterna's lead product ERNA-101 is an allogeneic pro-inflammatory cytokine (IL-7/IL-15)-secreting iMSC therapy targeting platinum-resistant ovarian cancer [5] - ERNA-101 enhances immune system response against tumors by improving immune cell infiltration and activation [3] - The company is also investigating ERNA-102 anti-inflammatory cytokine (IL-10)-secreting iMSCs for inflammatory/auto-immune disorders like rheumatoid arthritis [5] Strategic Direction - Eterna is actively seeking strategic partnerships to co-develop or out-license therapeutic assets and expand developmental opportunities [5] - The company's focus on women's health is reinforced by its collaboration with MD Anderson Cancer Center and Dr Ratner's expertise [2][4] - Eterna's scientific data shows promise in addressing the challenges of ovarian cancer treatment including resistance and high recurrence rates [3]
Eterna Therapeutics Regains Compliance with NASDAQ for Continued Listing
GlobeNewswire News Room· 2024-11-14 13:30
Core Viewpoint - Eterna Therapeutics Inc. has regained compliance with Nasdaq for continued listing, confirming its market value of at least $35 million, allowing its stock to continue trading on The Nasdaq Stock Market [1]. Group 1: Company Compliance and Financial Status - Eterna received formal confirmation from Nasdaq's Office of General Counsel on November 12, 2024, verifying compliance with the market value of listed securities standard [1]. - The company is now debt-free and operates with a low burn rate, positioning itself as a fully functional preclinical stage cell therapy company [2]. Group 2: Product Development Focus - Eterna is focused on advancing its lead product, ERNA-101, targeting triple-negative breast cancer and platinum-resistant, TP53-mutant ovarian cancer [2][3]. - ERNA-101 is an induced allogenic mesenchymal stem cell product designed to deliver pro-inflammatory cytokines IL-7 and IL-15 to the tumor microenvironment, aiming to enhance anti-tumor immunity [3]. Group 3: Company Overview - Eterna Therapeutics is a publicly traded, preclinical-stage company specializing in innovative off-the-shelf cell therapies for advanced solid tumors, with a primary focus on specific cancer types [3].