SAB Biotherapeutics(SABS)
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SAB BIO to Participate in Upcoming Investor Conferences
Newsfilter· 2025-01-31 12:00
Company Overview - SAB BIO is a clinical-stage biopharmaceutical company focused on developing human, multi-targeted, high-potency immunoglobulins (IgGs) to treat and prevent immune and autoimmune disorders [2] - The company's lead asset, SAB-142, targets type 1 diabetes (T1D) with a disease-modifying therapeutic approach aimed at delaying onset and potentially preventing disease progression [2] - SAB BIO utilizes advanced genetic engineering and antibody science to develop Transchromosomic (Tc) Bovine™, the only transgenic animal with a human artificial chromosome, enabling the generation of a diverse repertoire of specifically targeted, high-potency human IgGs [2] Upcoming Events - SAB BIO management will participate in the Guggenheim SMID Cap Biotech Conference on February 6, 2025, with a fireside chat scheduled from 2:00 to 2:25 PM ET [1] - The company will also present at the Oppenheimer 35th Annual Healthcare Life Sciences Conference on February 12, 2025, from 10:00 to 10:30 AM ET [1] - Live webcasts and archived recordings of these events will be available on the SAB BIO investor relations website [1]
SAB BIO Announces Positive Topline Phase 1 Clinical Results with Potentially Disease-Modifying T1D Therapy SAB-142
Newsfilter· 2025-01-28 12:00
Core Insights - SAB BIO announced positive topline data from a Phase 1 trial of SAB-142, which met its primary objectives related to safety and pharmacodynamic activity, allowing it to advance to Phase 2b clinical development [1][2][3] Company Overview - SAB BIO is a clinical-stage biopharmaceutical company focused on developing human, multi-targeted, high-potency immunoglobulins (IgGs) to treat and prevent immune and autoimmune disorders, specifically targeting type 1 diabetes (T1D) with its lead asset, SAB-142 [9] Phase 1 Trial Summary - The Phase 1 trial was a randomized, double-blind, placebo-controlled study among healthy volunteers and participants with T1D, aimed at establishing safety, tolerability, pharmacokinetic, immunogenicity, and pharmacodynamic profiles for SAB-142 [3][4] - The trial demonstrated that SAB-142 was generally well-tolerated, with no reported serum sickness or anti-drug antibodies at the target dose [6][7] Safety and Efficacy - SAB-142 exhibited a favorable safety profile, supporting chronic dosing in an outpatient setting, with a dose range from 0.03 mg/kg to 2.5 mg/kg [7] - The mechanism of action (MoA) of SAB-142 was shown to be analogous to rabbit ATG, with sustained immunomodulation and clinically validated multi-target mechanisms [7] Future Development Plans - Based on the positive data, SAB BIO plans to advance SAB-142 into a Phase 2b trial in 2025 to evaluate its therapeutic potential in adult and pediatric patients with new-onset T1D [4][6]
SAB BIO Announces R&D Webinar Event to Review Phase 1 Topline Results for SAB-142, a Disease-Modifying T1D Therapy
Globenewswire· 2025-01-23 12:00
Core Viewpoint - SAB BIO is hosting a Research and Development webinar on January 28, 2025, to discuss topline data from the Phase 1 clinical trial of its lead candidate, SAB-142, aimed at delaying the onset or progression of type 1 diabetes (T1D) [1][4]. Company Overview - SAB BIO is a clinical-stage biopharmaceutical company focused on developing human, multi-targeted, high-potency immunoglobulins (IgGs) to treat and prevent immune and autoimmune disorders without the need for human donors or convalescent plasma [5]. - The lead asset, SAB-142, targets T1D with a disease-modifying therapeutic approach that aims to change the treatment paradigm by delaying onset and potentially preventing disease progression [5]. Webinar Details - The webinar is scheduled for January 28, 2025, at 8:00 AM ET, featuring presentations from SAB BIO's management and Dr. Michael Haller, a key opinion leader in diabetes research [2][4]. - A live question and answer session will follow the presentations, and a replay will be available on the SAB BIO website [2]. Phase 1 Trial Information - The Phase 1 trial for SAB-142 is a randomized, double-blind, placebo-controlled study designed to establish the safety, tolerability, pharmacokinetic, immunogenicity, and pharmacodynamic profile of the drug in healthy volunteers and participants with T1D [3].
SAB BIO Announces Founding of Clinical Advisory Board to Guide the Development of SAB-142 for Type 1 Diabetes
Newsfilter· 2024-08-05 11:30
Core Viewpoint - SAB Biotherapeutics, Inc. has established a clinical advisory board to guide the development of its leading therapeutic candidate, SAB-142, aimed at delaying the onset or progression of type 1 diabetes (T1D) [1][2][3] Company Overview - SAB Biotherapeutics is a clinical-stage biopharmaceutical company focused on developing human immunoglobulins to treat immune and autoimmune disorders, with a particular emphasis on T1D [8][9] - The company's lead asset, SAB-142, is designed to modify the disease course of T1D by delaying its onset and potentially preventing progression [8] Clinical Advisory Board - The newly formed clinical advisory board consists of leading experts in T1D therapy development, expected to provide strategic direction and insights on clinical protocols [2][4] - Founding members include prominent figures from various prestigious institutions, enhancing the company's research and development capabilities [4] SAB-142 Overview - SAB-142 is a human alternative to rabbit anti-thymocyte globulin (ATG), with a mechanism of action similar to rabbit ATG, which has shown efficacy in slowing disease progression in clinical trials [5][6] - Unlike rabbit ATG, SAB-142 is a human antibody, allowing for safe and consistent re-dosing without the adverse immune reactions associated with animal-derived treatments [7] Mechanism of Action - SAB-142 targets multiple immune cells that destroy pancreatic beta cells, aiming to preserve insulin-producing cells and regulate blood sugar levels [6][7]
SAB BIO Appoints Lucy To as Chief Financial Officer
Newsfilter· 2024-07-31 11:30
Core Insights - SAB Biotherapeutics has appointed Lucy To as Chief Financial Officer, effective August 12, 2024, bringing over 18 years of investment banking and strategic operational expertise to the company [6] - The company is focused on developing SAB-142, a therapeutic aimed at delaying the onset and progression of type 1 diabetes (T1D), with top-line Phase 1 data expected by the end of 2024 [1][6] - SAB utilizes a novel immunotherapy platform that generates human immunoglobulins without the need for human donors, targeting serious unmet needs in immune and autoimmune disorders [2] Company Overview - SAB BIO is a clinical-stage biopharmaceutical company developing high-potency immunoglobulins (IgGs) to treat immune and autoimmune disorders [2] - The lead asset, SAB-142, employs a disease-modifying therapeutic approach to change the treatment paradigm for T1D [2] - The company’s DiversitAb™ drug development system leverages advanced genetic engineering to produce a diverse range of specifically targeted human IgGs [2] Leadership and Strategy - Lucy To's role will encompass corporate finance, corporate strategy, and broader strategic business relationships [6] - The company aims to deliver value to shareholders while transforming the landscape of T1D treatment [1]
SAb Biotherapeutics Rebrands as SAB BIO
Newsfilter· 2024-06-20 11:20
New name, logo and website updates, stock symbol will remain SABS MIAMI, June 20, 2024 (GLOBE NEWSWIRE) -- SAB Biotherapeutics (NASDAQ:SABS) (the "Company" or "SAB"), a clinical-stage biopharmaceutical company with a novel immunotherapy platform developing a human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes (T1D), today announced its new name, SAB BIO, and visual identity to more closely align with its mission to treat and prevent immune and autoimmune disor ...
SAB Biotherapeutics to Present at the American Diabetes Association 84th Scientific Sessions
Newsfilter· 2024-06-18 17:10
Core Viewpoint - SAB Biotherapeutics is advancing its clinical-stage biopharmaceutical product, SAB-142, aimed at delaying the onset or progression of type 1 diabetes (T1D) and will present findings at the ADA 84th Scientific Sessions in June 2024 [1][2] Company Overview - SAB Biotherapeutics focuses on developing human immunoglobulins (IgGs) for treating immune and autoimmune disorders without relying on human donors or convalescent plasma [12] - The company's lead asset, SAB-142, is designed to modify the disease progression of T1D, potentially changing the treatment paradigm [12] Product Details - SAB-142 is a fully human alternative to rabbit anti-thymocyte globulin (ATG), which has shown efficacy in slowing disease progression in clinical trials for T1D [3][10] - The mechanism of action for SAB-142 involves targeting immune cells that destroy pancreatic beta cells, aiming to preserve insulin production [4] - Unlike rabbit ATG, SAB-142 is expected to minimize adverse immune reactions, allowing for safer and more consistent re-dosing [4] Clinical Development - Following FDA IND clearance in May 2024, the company is expanding its clinical program for SAB-142 [11] - The ADA 84th Scientific Sessions will feature a poster presentation on the assessment of tolerance and safety for SAB-142, highlighting its potential in diabetes treatment [2][9]
SAB Biotherapeutics Announces Departure of Chief Financial Officer
Newsfilter· 2024-05-30 20:45
Core Insights - SAB Biotherapeutics announced the departure of CFO Michael King, who will take on a CEO role at a privately-held oncology company, effective June 4, 2024, while remaining an advisor until the end of the year [1][3] - The Board of Directors has initiated a search for a permanent CFO, with Mark Conley serving as Interim CFO during this transition [2] - The company reaffirmed its fiscal year 2024 outlook and upcoming milestones, including a topline data readout from its Phase 1 study of lead candidate SAB-142 [4] Company Overview - SAB Biotherapeutics is a clinical-stage biopharmaceutical company focused on developing human, multi-targeted, high-potency immunoglobulins (IgGs) for treating immune and autoimmune disorders, specifically targeting type 1 diabetes (T1D) with its lead asset SAB-142 [5] - The company utilizes advanced genetic engineering and antibody science to produce a diverse range of specifically targeted, high-potency human IgGs without the need for human donors or convalescent plasma [5]
FDA Provides Clearance to IND Application for Type 1 Diabetes Therapy SAB-142 by SAB Biotherapeutics
Newsfilter· 2024-05-21 11:15
Core Insights - The U.S. FDA has cleared SAB Biotherapeutics' IND application for SAB-142, a therapy aimed at treating type 1 diabetes (T1D) [1][3] - The ongoing HUMAN trial will generate data for a future Phase 2B trial, focusing on safety, tolerability, pharmacokinetics, and pharmacodynamics of SAB-142 [2][3] Company Overview - SAB Biotherapeutics is a clinical-stage biopharmaceutical company developing human anti-thymocyte immunoglobulin (hIgG) to delay T1D onset or progression [1][7] - The company utilizes advanced genetic engineering to produce high-potency immunoglobulins without the need for human donors or convalescent plasma [7][8] Trial Design - Phase 1 of the SAB-142 trial is a randomized, double-blind, placebo-controlled study with a dose range from 0.03 mg/kg to 2.5 mg/kg [3] - The trial aims to validate the safety and immunogenicity profile of SAB-142, with no observed serum sickness in the third cohort [3][4] Mechanism of Action - SAB-142 is designed to target immune cells that destroy pancreatic beta cells, similar to rabbit anti-thymocyte globulin (ATG), but aims to avoid adverse immune reactions associated with animal-derived treatments [6][4] - Previous clinical trials have shown that rabbit ATG can slow beta cell destruction and preserve insulin production, which is critical for blood sugar regulation [5][6]
SAB Biotherapeutics Announces Q1 2024 Financial Results and Provides Company Updates
Newsfilter· 2024-05-20 21:45
Core Insights - SAB Biotherapeutics, Inc. is focused on developing human anti-thymocyte immunoglobulin (hIgG) to delay the onset or progression of type 1 diabetes (T1D) [1][5] - The company reported financial results for Q1 2024, highlighting a net loss of $4.0 million and a cash position of $45.2 million as of March 31, 2024 [4][6] Company Updates - The company appointed Dr. Jay Skyler, a renowned T1D expert, to its Board of Directors, increasing the board size to 11 members, with 9 being independent [2] - SAB has transitioned its corporate headquarters to Miami, FL, while maintaining its Research and Development Campus in South Dakota [2] Pipeline and Milestones - SAB's partnership with INNODIA was showcased at an annual meeting in Belgium, where updates on SAB-142 were presented to global T1D partners [3] - The Phase 1 clinical development of SAB-142 is on track, with the third cohort fully enrolled and dosed without any observed serum sickness [3] Financial Performance - Cash, cash equivalents, and available-for-sale securities totaled $45.2 million as of March 31, 2024, down from $56.6 million as of December 31, 2023, primarily due to ongoing research expenses [6] - Research and Development expenses increased to $7.1 million in Q1 2024 from $4.5 million in Q1 2023, reflecting a focus on the autoimmunity space with SAB-142 [6] - General and Administrative expenses rose to $4.2 million in Q1 2024 from $3.4 million in Q1 2023, driven by increased headcount to support research activities [6] - Non-operating income surged to $6.4 million in Q1 2024 from $48,000 in Q1 2023, mainly due to changes in fair value of warrant liabilities and an Australian research and development tax credit [6] - The net loss for Q1 2024 was $4.0 million, translating to an earnings per share of $(0.43), compared to a net loss of $7.4 million and $(0.15) per share in Q1 2023 [6]