Longeveron Inc.
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MODD, LAB, HOWL, COGT, LGVN, ABCL Lead Biotech After-Hours Rally - Nov 26
RTTNews· 2025-11-28 04:50
Core Insights - Several biotech and life sciences companies experienced significant gains in after-hours trading on November 26, indicating strong investor interest despite a quiet news cycle [1] Company Summaries - Modular Medical, Inc. (MODD) shares increased by 11.51% to $0.4380 after a previous decline of 1.80% at the close, following the IRB approval for its Pivot insulin delivery system study announced on November 17 [2] - Standard BioTools Inc. (LAB) saw a 4.90% rise to $1.50 after a 0.70% gain during regular trading, following a strategic collaboration with Molecular Instruments announced on November 19 [3] - Werewolf Therapeutics, Inc. (HOWL) rose 4.39% to $1.0199 after a strong 7.33% gain during regular trading, reflecting continued investor optimism despite no new updates [4] - Cogent Biosciences, Inc. (COGT) climbed 6.09% to $42.85 in after-hours trading, building on a 1.69% rise during regular trading, indicating strong investor confidence in its pipeline [5] - Longeveron Inc. (LGVN) shares increased by 4.59% to $0.6772, extending gains from a 7.02% rise during regular trading, with upcoming presentation of Alzheimer's study results at CTAD 2025 highlighting ongoing research [6] - AbCellera Biologics Inc. (ABCL) gained 3.85% to $3.78 after a 0.55% increase during regular trading, reflecting renewed investor interest in its antibody discovery platform [7]
3 Stocks to Buy for a Volatile End to 2025
Investor Place· 2025-11-09 17:00
Market Trends - The Santa Claus Rally is anticipated as a familiar market trend, historically resulting in stock increases 80% of the time during this period since 1972 [1] - This year's rally is expected to be accompanied by volatility due to factors such as AI speculation, a weakening labor market, and record-low consumer sentiment [2] Labor Market and Layoffs - October saw over 150,000 layoffs, the highest figure in 20 years, impacting companies including Amazon, which laid off 14,000 corporate employees [2] Stock Market Performance - The tech-heavy Nasdaq Index fell 5% recently, indicating cracks in the bull market, with Amazon shares dropping 6% [3] Investment Opportunities - Utz Brands Inc. (UTZ) is highlighted as an attractive investment, trading at 13 times forward earnings, significantly lower than its long-term average, with a profit outlook of 5% growth this year and 15% next year [12] - Greenwich LifeSciences Inc. (GLSI) is noted for its potential in cancer immunotherapy, with recent insider buying and FDA Fast Track designation, despite a 33% decline in shares due to short selling [15][19] - Matador Resources Co. (MTDR) is recognized for its strong insider buying activity and attractive cost structure, trading at a low valuation compared to peers, with a 4% dividend yield [22][25][26] Insider Buying as a Bullish Signal - Insider buying is considered a strong bullish signal, with examples of significant gains following such activity in companies like Longeveron Inc. and Nuvation Bio Inc. [14][27] Upcoming Events - A Profit Surge Event is scheduled, where insights on market volatility and trading opportunities will be shared [7][28]
After-Hours Surge: Turn Therapeutics Rockets 134% Post-Close On Nasdaq Debut; Biotech Stocks Rally
RTTNews· 2025-10-09 04:03
Core Insights - U.S.-listed biotech and healthcare stocks experienced significant bullish activity in after-hours trading, with Turn Therapeutics Inc. leading the surge with a 134.29% increase to $16.40 following its Nasdaq debut [1] Group 1: Company Performances - Talphera Inc. reached a new 52-week high in regular trading and added 4.55% after hours to close at $1.38, driven by momentum despite no new updates [2] - Personalis Inc. rose 1.50% to $8.81 in after-hours trading, having hit a 52-week high earlier in the day, likely due to ongoing investor interest in precision oncology [2] - Ionis Pharmaceuticals Inc. climbed 3.64% to $72.51 after hours, supported by its Innovation Day presentation and reaffirmation of its pipeline strategy, leading to a new 52-week high during regular trading [3] - Sensei Biotherapeutics Inc. increased 5.23% to $12.08, with anticipation building ahead of its pipeline updates scheduled for October 20 [3] - Corbus Pharmaceuticals Holdings Inc. gained 4.77% to $14.06, preparing for participation in the Piper Sandler Virtual Oncology Symposium on October 9 [4] - Longeveron Inc. advanced 5.71% to $0.9801, with expectations for insights into its regenerative medicine pipeline at the ROTH Healthcare Opportunities Conference [4] - Palisade Bio Inc. rose 5.00% to $2.10 in after-hours trading, buoyed by a recent $138 million public offering that strengthened its balance sheet ahead of Phase 2 trials [5] Group 2: Market Trends - The after-hours session showcased a mix of technical breakouts, event-driven anticipation, and momentum trading, indicating a fertile environment for volatility and investment opportunities in the biotech sector [6]
Longeveron® Issues Letter to Shareholders Highlighting Corporate Strategy, Recent Progress and Key Priorities and Goals for 2025
Globenewswire· 2025-04-22 20:05
Core Viewpoint - Longeveron Inc. has made significant progress in developing cellular therapies for life-threatening and chronic aging-related conditions, with a focus on advancing its lead product, laromestrocel (Lomecel-B™), towards a potential Biological License Application (BLA) submission in 2026 [1][22]. Strategic Overview and 2024 Progress - The field of stem cell therapy has evolved significantly over the past decade, transitioning from a theoretical concept to one that delivers tangible clinical outcomes, highlighting its potential in regenerative medicine [3]. - Longeveron is at the forefront of this evolution, with laromestrocel derived from mesenchymal stem cells (MSCs) showing promise in treating aging-related conditions and rare cardiovascular diseases [4]. Clinical Development and Market Opportunities - Laromestrocel has shown positive results in multiple clinical trials, including Phase 1 & 2 trials for Alzheimer's disease, aging-related frailty, and Hypoplastic Left Heart Syndrome (HLHS), with estimated market opportunities of over $5 billion for Alzheimer's, $4 billion for aging-related frailty, and up to $1 billion for HLHS [5]. - The World Health Organization approved "laromestrocel" as the non-proprietary name for Lomecel-B™, marking a key milestone for future commercialization [5]. HLHS Program - HLHS is a rare pediatric disease with a high mortality rate, where Longeveron's program aims to improve heart function in affected infants, achieving 100% transplant-free survival in a Phase I trial compared to a historical 20% mortality rate [7][8]. - The company is nearing completion of enrollment for the pivotal Phase 2b trial (ELPIS II), with nearly 95% enrollment expected to finish in Q2 2025 [9]. - A Type C meeting with the FDA confirmed that ELPIS II could be pivotal for BLA submission, with potential eligibility for a Priority Review Voucher (PRV) upon approval [10]. Alzheimer's Disease Program - The Alzheimer's disease program has received recognition, with positive results from the CLEAR MIND Phase 2a trial indicating safety and potential efficacy in slowing disease progression [11][12]. - A Type B meeting with the FDA established a clear regulatory pathway for a potential BLA submission based on positive interim results from a proposed seamless adaptive Phase 2/3 trial [13]. Financial Position and Capital Strategy - Longeveron anticipates needing additional capital to support its strategic objectives, with existing cash expected to fund operations into Q4 2025 [19]. - The company aims to manage expenses effectively, having reduced total operating expenses by 13% in 2024 while advancing development programs [22]. 2025 Goals and Priorities - Key objectives for 2025 include completing enrollment for ELPIS II, achieving BLA preparedness for HLHS, and seeking strategic partnerships for the Alzheimer's disease program [23]. - The company is focused on efficient execution of its strategic plan, with multiple transformational milestones anticipated over the next 12 months [20].
Longeveron® Announces Positive Type B Meeting with U.S. FDA Regarding Pathway to BLA for Laromestrocel (Lomecel-BTM) in Alzheimer’s Disease
Globenewswire· 2025-03-20 13:00
Core Insights - Longeveron Inc. announced a positive outcome from a Type B meeting with the FDA regarding laromestrocel (Lomecel-B) as a potential treatment for Alzheimer's disease [2][3] - The FDA and the company aligned on the study design for a pivotal Phase 2/3 clinical trial, which may lead to a Biological License Application (BLA) based on interim results [3][9] - Laromestrocel has received both RMAT and Fast Track designations from the FDA, facilitating closer interactions during its development [7][9] Company Overview - Longeveron is a clinical stage biotechnology company focused on developing regenerative medicines to address unmet medical needs, with laromestrocel as its lead investigational product [14] - The company is pursuing multiple indications, including hypoplastic left heart syndrome, Alzheimer's disease, and aging-related frailty [14] Clinical Trial Details - The planned pivotal Phase 2/3 clinical trial is expected to start in the second half of 2026, contingent on securing additional funding or partnerships [6][9] - Previous clinical trials, including a Phase 1 study and a Phase 2a trial (CLEAR-MIND), demonstrated a favorable safety profile and potential clinical efficacy in patients with mild Alzheimer's disease [4][5] Mechanism of Action - Laromestrocel is derived from mesenchymal stem cells (MSCs) and is believed to have multiple mechanisms of action that may address inflammatory responses associated with Alzheimer's disease [10][13] - The therapy aims to tackle the underlying pathology of Alzheimer's without the limitations of existing treatments [6] Alzheimer's Disease Context - Alzheimer's disease is a leading cause of dementia, significantly impacting patients and society, with costs in the U.S. reaching hundreds of billions annually [11] - Neuroinflammation is a key feature of Alzheimer's, contributing to the disease's progression and associated cognitive decline [12]