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Hoth Therapeutics Accepted Into NVIDIA Connect Program, Expanding Its AI and Accelerated Computing Capabilities
Prnewswire· 2025-11-20 13:13
Core Insights - Hoth Therapeutics, Inc. has been accepted into the NVIDIA Connect Program, enhancing its capabilities in AI-powered research and development [1][2][4] Group 1: NVIDIA Connect Program Benefits - The acceptance into the NVIDIA Connect Program provides Hoth Therapeutics with access to accelerated computing resources, technical guidance, and marketing support [2][4] - This partnership is expected to streamline Hoth's R&D strategy, reducing computational bottlenecks and enhancing predictive modeling [3][4] Group 2: Strategic Implications - The collaboration with NVIDIA is anticipated to improve the speed and efficiency of Hoth's drug-development programs, particularly in preclinical and clinical decision-making [4][7] - Hoth will utilize NVIDIA's GPU-accelerated developer tools to enhance computational biology workflows, including target identification and protein-structure modeling [7] Group 3: Company Overview - Hoth Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative treatments aimed at improving patient quality of life [5] - The company employs a patient-centric approach, collaborating with scientists and clinicians to explore therapeutics with significant potential [5]
Hoth Therapeutics(HOTH) - 2025 Q3 - Quarterly Report
2025-11-12 21:16
Financial Performance - The net loss for Q3 2025 was approximately $4.11 million, or $0.30 per common share, compared to a net loss of $2.2 million, or $0.32 per common share, in Q3 2024[147]. - The company incurred a net loss of approximately $9.8 million for the nine months ended September 30, 2025, compared to a net loss of $6.1 million for the same period in 2024[156]. Expenses - Research and development expenses for Q3 2025 were approximately $1.6 million, up from $0.9 million in Q3 2024, representing an increase of about 77.8%[141][142]. - General and administrative expenses for Q3 2025 amounted to approximately $2.5 million, a significant increase of 98.2% compared to $1.2 million in Q3 2024[143]. - For the nine months ended September 30, 2025, research and development expenses totaled approximately $4.6 million, compared to $2.21 million for the same period in 2024, reflecting a 108.6% increase[148][149]. - General and administrative expenses for the nine months ended September 30, 2025, were approximately $5.1 million, up from $3.9 million in 2024, marking an increase of about 31.2%[153]. Cash Flow - As of September 30, 2025, the company had approximately $7.8 million in cash and cash equivalents and an accumulated deficit of approximately $70.2 million[157]. - For the nine months ended September 30, 2025, net cash used in operating activities was approximately $7.65 million, primarily due to a net loss of approximately $9.78 million[165]. - For the nine months ended September 30, 2024, net cash used in operations was approximately $5.0 million, resulting from a net loss of approximately $6.1 million[166]. - For the nine months ended September 30, 2025, net cash provided by financing activities was approximately $8.76 million, primarily from net proceeds of approximately $3.5 million from the issuance of common stock and approximately $5.6 million from the exercise of warrants[168]. - For the nine months ended September 30, 2024, net cash provided by financing activities was approximately $3.7 million, resulting from net proceeds from the exercise of warrants[169]. Future Outlook - The company anticipates an increase in research and development activities and general and administrative expenses in future periods due to ongoing projects and potential new acquisitions[150][154]. - Additional funding will be necessary to support future clinical and pre-clinical activities, with no assurances of obtaining adequate financing due to the economic downturn[164]. Agreements and Obligations - A Cooperative Research and Development Agreement was initiated with the VA to assess technology for obesity and fatty liver disease, with results expected in early 2026[140]. - The Company may be required to make minimum royalty payments ranging from middle to high five figures, sales-based royalties ranging from low single digits to low double digits, and milestone payments of up to approximately $35 million if all milestones in current agreements are achieved[163]. Stock and Dividends - The Company accounts for stock-based compensation based on the estimated grant date fair value, with stock options generally issued fully vested[172]. - The Company has never declared or paid any cash dividends on its common shares and does not plan to do so in the foreseeable future[175]. Accounting Standards - The Company does not expect the adoption of the new accounting standards to have a material impact on its consolidated financial statements[182].
2 Stocks to Buy Under $10 That Wall Street Loves
Yahoo Finance· 2025-10-29 11:30
Core Insights - Penny stocks can be risky but may also present significant upside potential for investors with a high risk appetite and a long-term investment horizon [1] Company Overview - Hoth Therapeutics is a clinical-stage biopharmaceutical company valued at $18.4 million, focusing on innovative medicines for unmet medical needs in oncology, dermatology, neurology, and inflammatory diseases [3] - The stock has surged 87.1% year-to-date, outperforming the broader market, with analysts predicting further upside [3] Product Pipeline - Hoth has a diversified pipeline strategy with multiple studies across various therapeutic areas [4] - The lead clinical program, HT-001, is a topical formulation aimed at addressing skin toxicity from EGFR inhibitors during cancer therapy, with plans to expand its Phase 2 trial to Europe pending EMA approval [4] - Another key asset, HT-KIT, targets mast cell-related cancers and has shown promising preclinical results, receiving Orphan Drug Designation from the U.S. FDA [5] Strategic Initiatives - Hoth is expanding into metabolic health through a collaboration with the U.S. Department of Veterans Affairs on a VA obesity program [6] - The company is integrating advanced AI tools, specifically Lantern Pharma's PredictBBB.ai platform, to enhance its research and development processes [6]
Hoth Therapeutics Launches VA-Backed Study of Novel GDNF Weight Loss Therapy Targeting Obesity and Fatty Liver Disease
Prnewswire· 2025-10-27 11:49
Core Insights - Hoth Therapeutics, Inc. has initiated a study in collaboration with the U.S. Department of Veterans Affairs to evaluate glial cell line-derived neurotrophic factor (GDNF) as a potential first-in-class biologic therapy for obesity and fatty liver disease [1][2]. Study Overview - The program is led by Dr. Srinivasan at the Atlanta VA Medical Center, focusing on GDNF's ability to induce weight loss and resolve fatty liver disease through metabolic and neurotrophic mechanisms [2]. - The study is structured under Aim 1 of the approved Statement of Work (SOW), with positive data potentially supporting IND-enabling development for a biologic addressing obesity and nonalcoholic fatty liver disease (NAFLD), which is a rapidly growing therapeutic market [3]. Timeline and Milestones - Key milestones include: - October 2025: Initiation of high-fat and control diet groups - December 2025: Start of GDNF and comparator dosing - January 2026: Collection of tissue samples and data analysis - Q1 2026: Initial results expected [6]. Company Background - Hoth Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative treatments aimed at improving patient quality of life, collaborating with scientists and clinicians to explore therapeutics with significant potential [4].
Hoth Therapeutics Reports FDA Orphan Drug Designation and Strong Preclinical Data for HT-KIT in Rare c-KIT-Driven Cancers
Prnewswire· 2025-10-21 12:23
Core Insights - Hoth Therapeutics, Inc. has received FDA Orphan Drug Designation for HT-KIT, a precision antisense oligonucleotide targeting KIT mRNA, demonstrating over 80% suppression of KIT expression and significant tumor-volume reduction in systemic mastocytosis and GIST models [1][3][5] - The company has completed GLP-validated bioanalytical methods to support IND-enabling studies, with a Japan Patent extending platform protection to 2039 [1][3] Preclinical Data - HT-KIT achieved over 80% reduction of KIT mRNA/protein in both in vitro and in vivo models, with significant tumor-volume reduction observed by Day 8 in xenograft models [7] - The preclinical studies reported no dose-limiting toxicities, indicating a favorable tolerability profile [7] Mechanism of Action - HT-KIT operates at the transcript level, silencing both mutant and wild-type KIT, which may help bypass resistance pathways and reduce off-target effects compared to small-molecule TKIs [3][5] Next Steps - The company plans to complete GLP toxicology and CMC packages, submit an IND, and initiate a Phase 1/2 dose-escalation/expansion study in advanced systemic mastocytosis and other KIT-driven tumors [6][8] - The study will include translational biomarkers of target engagement and early efficacy readouts [6][8] Company Overview - Hoth Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative treatments to improve patient quality of life, collaborating with scientists and clinicians to advance early-stage pharmaceutical research [9]
Hoth Therapeutics Expands Artificial Intelligence Initiative, Selects NVIDIA AI Enterprise Platform
Prnewswire· 2025-10-08 12:02
Core Insights - Hoth Therapeutics has expanded its AI initiative by securing annual NVIDIA AI Enterprise Essentials licenses to enhance its GPU-powered infrastructure for pharmaceutical research [1][2] - The integration of NVIDIA's AI platform is aimed at accelerating data-driven drug development and improving decision-making in therapy development [3] Company Strategy - The company is committed to integrating next-generation technology across its R&D programs, focusing on therapies like HT-001, HT-KIT, and oncology programs [3] - Hoth's AI initiative is part of a broader digital transformation strategy, enabling partnerships with AI-driven platforms and life-science data companies to optimize development timelines and reduce costs [3] Technological Capabilities - The NVIDIA AI Enterprise environment will support Hoth's scientific and data teams in deploying predictive pharmacology and toxicity models, enhancing compound screening efficiency [6] - The infrastructure will also facilitate the integration of multi-omic and patient-derived data for improved target discovery, clinical trial simulation, patient stratification, and real-time response monitoring [6]
Hoth Therapeutics CEO Robb Knie to Present at BIO-Europe in Vienna, Austria November 3-5, 2025
Prnewswire· 2025-10-07 11:57
Core Insights - Hoth Therapeutics, Inc. is set to present advancements in its clinical pipeline, specifically focusing on HT-001 for cancer-therapy-induced rash and HT-KIT, a novel oncology program targeting KIT-driven tumors [1][5] - The presentation will take place at the BIO-Europe 2025 Conference in Vienna, Austria, from November 3–5, 2025, highlighting the company's commitment to developing breakthrough therapies for patients with high unmet needs [2][3] Company Overview - Hoth Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing innovative treatments aimed at improving patient quality of life, with a focus on dermatological, oncology, and Alzheimer's therapeutics [3] - The company employs a patient-centric approach, collaborating with scientists, clinicians, and key opinion leaders to explore therapeutics with significant potential [3] Development Programs - HT-001 is designed as a topical therapeutic to reduce rash and skin toxicity associated with cancer therapies, including EGFR inhibitors and radiotherapy [5] - HT-KIT is a precision oncology program that targets cancers driven by dysregulated KIT signaling [5]
Hoth Therapeutics Expands HT-001 Development with Patent Filings Targeting Drug-Induced Hypersensitivity, Radiotherapy-Induced Rash, and MENIN Inhibitor-Associated Skin Toxicities
Prnewswire· 2025-09-24 12:13
Core Insights - Hoth Therapeutics, Inc. is expanding its intellectual property portfolio for HT-001, a topical therapeutic candidate aimed at addressing dermatological side effects associated with MENIN inhibitors and other cancer treatments [3][4][9] - HT-001 is designed to improve patient tolerability to MENIN inhibitors by alleviating severe dermatological toxicities, potentially allowing patients to remain on therapy longer and maximize treatment benefits [7][9] Company Developments - The company has filed multiple U.S. Provisional Patent Applications covering novel dermatological indications, which broadens the commercial and clinical potential of HT-001 [3][4] - The new patent applications include coverage for drug-induced hypersensitivity syndrome, radiotherapy-induced rash, and dermatological conditions associated with MENIN inhibitor therapy [9][10] Product Insights - MENIN inhibitors are a promising class of targeted oncology drugs that can induce strong antitumor activity but are often limited by significant dermatological side effects [5][6] - HT-001's formulation aims to provide relief from rashes and skin irritation, thus enhancing the overall treatment experience for patients undergoing cancer therapy [7][9] Market Positioning - The expansion of HT-001's indications positions the product as a versatile candidate not only for oncology-related rashes but also for a range of dermatological conditions driven by emerging cancer treatments [11] - The strategic focus on building a durable value through innovation and intellectual property diversification is emphasized by the company's leadership [11]
Hoth Therapeutics, Inc. (HOTH) Files EMA Application for Global Expansion of HT-001 Skin Therapy
Insider Monkey· 2025-09-23 23:25
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest in AI technologies now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for supporting the anticipated surge in energy demand from AI data centers [3][7] - This company is characterized as a "toll booth" operator in the AI energy boom, benefiting from the increasing need for energy as AI technologies expand [4][5] Market Position - The company is noted for its unique position in the market, being one of the few capable of executing large-scale engineering, procurement, and construction projects across various energy sectors, including nuclear energy [7][8] - It is described as debt-free and holding a significant cash reserve, which is nearly one-third of its market capitalization, positioning it favorably compared to other energy firms burdened with debt [8][10] Strategic Advantages - The company has a substantial equity stake in another AI-related venture, providing investors with indirect exposure to multiple growth opportunities in the AI sector without the associated premium costs [9][10] - The company is poised to benefit from the onshoring trend driven by tariffs, as it is positioned to assist American manufacturers in rebuilding and retrofitting facilities [5][14] Future Outlook - The ongoing influx of talent into the AI sector is expected to drive rapid advancements and innovation, reinforcing the notion that investing in AI is a strategic move for future growth [12][13] - The potential for significant returns is emphasized, with projections suggesting a possible 100% return within 12 to 24 months for investors who act promptly [15][19]
15 Best Biotech Penny Stocks to Invest in Right Now
Insider Monkey· 2025-09-21 13:23
Core Insights - The biotech sector is currently experiencing a slight improvement after a prolonged period of poor performance, with industry expert Jared Holz suggesting that the disadvantages have been fully recognized and absorbed, indicating potential for a modest upward movement [2][3]. Methodology - The analysis focuses on biotech stocks trading below $5 per share that have shown positive year-to-date (YTD) returns, with the top 15 stocks selected based on their performance as of September 19 [6]. Investment Opportunities - **Hoth Therapeutics, Inc. (NASDAQ:HOTH)**: - YTD Return: 140.64% - The company is advancing therapies in dermatology, oncology, and neurology, with a focus on unmet medical needs [8]. - Recent developments include a global expansion of its topical therapy HT-001 and progress in its HT-KIT program targeting rare mast cell cancers [9][11]. - Financially, Hoth is diversifying its treasury reserve to include cryptocurrencies, indicating innovative capital management [12]. - **Tiziana Life Sciences Ltd (NASDAQ:TLSA)**: - YTD Return: 160.0% - Focused on immunomodulation therapies for neuroinflammatory diseases, with significant insider buying indicating management confidence [13][14]. - The company secured a U.S. Department of Defense grant to accelerate the development of its lead candidate for spinal cord injury [15]. - **Invivyd, Inc. (NASDAQ:IVVD)**: - YTD Return: 175.40% - The company is developing antibody-based therapies for viral infections, including COVID-19, with a strategic agreement with the FDA for a streamlined approval process for its lead candidate [16][17]. - A recent public offering raised $57.5 million to support the development of its pipeline, significantly boosting investor confidence [18].