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OSE Immunotherapeutics Announces Positive Recommendation from Independent Data Monitoring Committee (IDMC) to Continue Pivotal Phase 3 ARTEMIA Trial Evaluating Tedopi® in Non-Small Cell Lung Cancer
Globenewswire· 2025-11-17 17:00
OSE Immunotherapeutics Announces Positive Recommendation from Independent Data Monitoring Committee (IDMC) to Continue Pivotal Phase 3 ARTEMIA Trial Evaluating Tedopi® in Non-Small Cell Lung Cancer NANTES, France, November 17, 2025 – 6:00pm CET - OSE Immunotherapeutics SA (ISIN: FR0012127173; Mnemo: OSE), a clinical-stage biotechnology company developing immunotherapies for cancer and autoimmune diseases, today announced that the Independent Data Monitoring Committee (IDMC) overseeing the Company’s internat ...
Precigen Reports Third Quarter 2025 Financial Results and Business Updates
Prnewswire· 2025-11-13 21:05
Core Insights - Precigen, Inc. announced third quarter 2025 financial results and business updates, highlighting the successful launch of PAPZIMEOS, the first FDA-approved treatment for adults with recurrent respiratory papillomatosis (RRP) [1][5][7]. Business Highlights - PAPZIMEOS received full FDA approval in August 2025, marking a significant advancement in treatment options for adults with RRP [6][7]. - The company has engaged over 90% of target institutions and registered over 100 patients in the PAPZIMEOS Patient Hub since the launch [2][6][7]. - Strong early interest and demand for PAPZIMEOS have been reported, with significant progress in private health insurance coverage, now covering over 100 million lives [5][6][7]. Financial Performance - Total revenues for Q3 2025 increased by $2.0 million compared to Q3 2024, primarily driven by collaboration and licensing revenue [8]. - Research and development expenses rose by $1.0 million, or 9%, due to increased manufacturing and regulatory costs related to PAPZIMEOS [9]. - Selling, General and Administrative (SG&A) expenses surged by $14.2 million, or 144%, largely due to costs associated with the commercialization of PAPZIMEOS [10]. - The company recorded a net loss attributable to common shareholders of $325.3 million for Q3 2025, significantly higher than the $24 million loss in Q3 2024, influenced by non-cash items [13][26]. Clinical and Market Developments - Long-term follow-up results from the pivotal clinical trial of PAPZIMEOS showed durable complete responses in 83% of patients after a median follow-up of 36 months [7]. - The company submitted a Marketing Authorization Application to the European Medicines Agency for PAPZIMEOS in November 2025, indicating plans for geographic expansion [6][7].
Elicio Therapeutics Reports Third Quarter 2025 Financial Results and Provides Corporate Updates
Globenewswire· 2025-11-13 21:01
Core Insights - Elicio Therapeutics reported encouraging results from its Phase 2 AMPLIFY-7P study, indicating fewer disease progressions and deaths than projected, which may positively impact disease-free survival (DFS) [2][5] - The company updated its guidance for the DFS analysis to the first half of 2026 and believes its current cash position will support operations through this critical period [2][9] Recent Highlights - Elicio presented updated data showing that ELI-002 7P induced mutant KRAS-specific T cell responses in 99% of evaluable patients, with an 86% antigen response rate [6] - The company announced a planned investigator-initiated Phase 1 trial of ELI-002 7P in collaboration with Memorial Sloan Kettering Cancer Center, expected to begin in the first half of 2026 [6] - The Independent Data Monitoring Committee recommended continuing the Phase 2 study without modifications, confirming a favorable safety profile for ELI-002 7P [6] Financial Results - R&D expenses for Q3 2025 were $5.0 million, down from $7.2 million in Q3 2024, primarily due to reduced clinical trial costs [5][10] - General and administrative expenses decreased slightly to $3.0 million from $3.1 million year-over-year [7][10] - The net loss for Q3 2025 was $10.1 million, significantly lower than the $18.8 million loss in Q3 2024, with a net loss per share of $0.60 compared to $1.39 [8][10] Cash Position - As of September 30, 2025, Elicio had cash and cash equivalents of $20.6 million, which is expected to support operations through Q2 2026 [8][11][9] - The company raised approximately $11.1 million in gross proceeds since the beginning of Q3 2025, extending its cash runway [5][9] Future Plans - Elicio plans to request an End of Phase 2 meeting with the FDA to finalize the Phase 3 trial design for ELI-002 7P following the DFS analysis [4] - The company aims to expand ELI-002 to other indications, including mKRAS-positive lung cancer and other mKRAS-positive cancers [12][14]
TriSalus Life Sciences Reports Third Quarter 2025 Results and Reaffirms 2025 Revenue Guidance
Businesswire· 2025-11-13 21:01
Core Viewpoint - TriSalus Life Sciences, Inc. reported strong commercial performance in Q3 2025, highlighting its innovative approach in oncology and the integration of novel delivery technology with standard therapies [1] Financial Results - The company announced its financial results for the quarter ended September 30, 2025, indicating a positive trend in revenue generation and operational efficiency [1] Operational Update - TriSalus provided an operational update, emphasizing its investigational immunotherapeutic aimed at transforming treatment for patients with solid tumors, which reflects the company's commitment to advancing cancer care [1]
Imunon(IMNN) - 2025 Q3 - Earnings Call Transcript
2025-11-13 17:00
Financial Data and Key Metrics Changes - As of September 30, 2025, cash and cash equivalents were $5.3 million, with a net loss for Q3 2025 of $3.4 million, or $1.16 per share, compared to $4.8 million, or $3.76 per share in Q3 2024 [25][26] - R&D expenses were $1.9 million for Q3 2025, down from $3.3 million in the same period last year, primarily due to the completion of the OVATION 2 study [25][26] - G&A expenses were $1.6 million in Q3 2025, down from $1.7 million in the same period last year [26] Business Line Data and Key Metrics Changes - The OVATION 3 trial is actively recruiting, with strong investigator enthusiasm and enrollment surpassing internal targets [9][12] - The MRD study has seen 25 patients randomized to date, with plans to cap enrollment at 30 patients [19][20] Market Data and Key Metrics Changes - The company is addressing a significant unmet need in ovarian cancer, with 300,000 new cases globally each year and 13,000 deaths annually in the U.S. alone [5][6] - The OVATION 3 trial is designed to meet regulatory expectations for approval in Europe, focusing on overall survival as a primary endpoint [10][50] Company Strategy and Development Direction - The company is focused on advancing its proprietary IL-12 immunotherapy, IMNN-001, through the OVATION 3 pivotal phase III trial [4][5] - The strategy includes a multi-pronged approach to navigate the biotech capital markets, combining non-dilutive partnerships with prudent equity raises [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the momentum of the OVATION 3 trial and the transformative potential of IMNN-001 for ovarian cancer treatment [5][12] - The company is well-positioned to extend its runway through value-enhancing non-dilutive transactions, with cash projected to last through mid-Q1 2026 [23] Other Important Information - The NASDAQ compliance matter is closed, with shareholder equity confirmed above the required threshold [24] - The company has received positive reactions regarding potential partnerships, although no imminent agreements are in place [22] Q&A Session Summary Question: Clarification on interim analysis and approval - Management clarified that positive results in interim analyses could lead to full approval for the group being tested, with the trial continuing for broader indications [32][34] Question: P-value requirements for interim analysis - Management explained that the determination of stopping the trial for efficacy is complex and involves various operating characteristics rather than a fixed P-value [35][36] Question: Pain management protocol for IMNN-001 administration - It was confirmed that a prophylactic pain management protocol is mandated for all patients to ensure comfort during drug administration [38][40] Question: Durability of response and mechanism of action - Management discussed the durability of IL-12 expression and its effects on the immune system, emphasizing the localized delivery of the drug to minimize systemic adverse events [43][46] Question: Update on OVATION 2 trial and site overlap with OVATION 3 - Management indicated that an update on the OVATION 2 trial is expected by the end of the year, and there will be significant overlap in sites between OVATION 2 and OVATION 3 [58][63]
Candel Therapeutics Reports Third Quarter 2025 Financial Results and Recent Corporate Highlights
Globenewswire· 2025-11-13 13:25
Core Insights - Candel Therapeutics reported strong progress in its clinical pipeline and plans to submit a Biologics License Application (BLA) for CAN-2409 in Q4 2026 [2][4][10] Financial Results - For Q3 2025, research and development expenses were $8.5 million, up from $5.4 million in Q3 2024, primarily due to increased manufacturing and regulatory costs [11] - General and administrative expenses rose to $4.7 million in Q3 2025 from $3.3 million in Q3 2024, driven by higher commercial readiness costs [12] - The net loss for Q3 2025 was $11.3 million, compared to a net loss of $10.6 million in Q3 2024 [13] - Cash and cash equivalents as of September 30, 2025, were $87.0 million, down from $102.7 million at the end of 2024, but expected to fund operations into Q1 2027 [14][26] Clinical Developments - Candel presented positive data from the phase 3 trial of CAN-2409 in localized prostate cancer, showing improved disease-free survival (DFS) [4][6] - The company plans to initiate a pivotal phase 3 trial of CAN-2409 in non-small cell lung cancer (NSCLC) in Q2 2026 [4][10] - Encouraging survival data from the phase 1b trial of CAN-3110 in recurrent high-grade glioma (rHGG) was reported, with updated median overall survival of 11.8 months [4][10][20] Strategic Initiatives - Candel secured a $130 million term loan facility with Trinity Capital, with $50 million drawn at closing, to support its clinical trials and operations [2][4][10] - The company strengthened its Research Advisory Board with the appointments of Dr. Carl H. June and Dr. Bali Pulendran, enhancing its commitment to scientific excellence [2][4][10] Upcoming Milestones - The company anticipates updated data on long-term survivors from its phase 2 study in NSCLC in Q1 2026 and plans to submit the BLA for CAN-2409 in prostate cancer in Q4 2026 [8][10]
Translational Data and Significant Pathologic Response Rates from EFTISARC-NEO Phase II Highlighted in Oral Presentation at CTOS 2025
Globenewswire· 2025-11-13 13:00
Novel combination with neoadjuvant eftilagimod alfa (efti) achieves significant 51.5% tumour hyalinization/fibrosis across multiple soft tissue sarcoma subtypes including rare and highly aggressive tumours with poor prognosisEarly translational data show a strong immune system activation inline with efti’s mode of action with statistically-significant increases in multiple cytokines and chemokines High levels of key immune proteins in EFTISARC-NEO including interferon-gamma (IFN-γ) correlate with pathologic ...
PDS Biotech Reports Third Quarter 2025 Financial Results and Provides Clinical Programs Update
Globenewswire· 2025-11-13 12:30
Core Viewpoint - PDS Biotechnology Corporation has completed the VERSATILE-002 Phase 2 trial for PDS0101 in combination with pembrolizumab, showing promising results that lead the company to seek an expedited approval pathway in the ongoing VERSATILE-003 Phase 3 trial [1][2][3]. Clinical Update - The VERSATILE-002 trial demonstrated a median overall survival (mOS) of 39.3 months for patients with CPS ≥ 1, with a 95% confidence interval lower limit of 23.9 months [4]. - Progression-free survival (PFS) was reported at 6.3 months for the same patient group [4]. - The company plans to amend the ongoing VERSATILE-003 trial to potentially reduce its size while maintaining statistical power, with mOS remaining the primary endpoint for full FDA approval [4][3]. Financial Results - For Q3 2025, the company reported a net loss of $9.0 million, or $0.19 per share, a decrease from a net loss of $10.7 million, or $0.29 per share, in Q3 2024 [5][16]. - Research and development expenses were $4.6 million, down from $6.8 million in the same quarter of the previous year, attributed to lower manufacturing and clinical expenses [6][16]. - General and administrative expenses increased to $3.6 million from $3.4 million year-over-year, primarily due to higher professional fees [7][16]. Cash Position - As of September 30, 2025, the company's cash balance was $26.2 million, a decrease from $41.7 million as of December 31, 2024 [8][15]. - The company raised approximately $5.3 million by selling 5,800,000 shares and accompanying warrants on November 12, 2025 [9]. Additional Clinical Developments - The National Cancer Institute presented new clinical data at the 2025 Society for Immunotherapy of Cancer Annual Meeting, highlighting the immunological properties of PDS0101 and PDS01ADC [4]. - Preliminary results from the colorectal cancer cohort of the Phase 2 clinical trial with PDS01ADC met the criteria for expansion to Stage 2, confirming at least 6 of 9 objective responses [4].
Medicenna Therapeutics Reports Second Quarter Fiscal 2026 Financial Results and Provides a Corporate Update
Globenewswire· 2025-11-13 12:00
Core Insights - Medicenna Therapeutics is advancing its clinical programs, particularly focusing on MDNA11 and MDNA113, with significant updates expected at the ESMO Immuno-Oncology Congress in December 2025 [1][5][2] MDNA11: IL-2 Superkine Program - The updated clinical data from the Phase 1/2 ABILITY-1 Study for MDNA11 will be presented, showcasing its potential as a leading IL-2 therapy [5] - A new clinical trial, NEO-CYT, will evaluate MDNA11 in combination with checkpoint inhibitors for high-risk melanoma patients prior to surgery [1][5] - The primary endpoint of the NEO-CYT trial is Major Pathologic Response (MPR), which is predictive of long-term survival outcomes [5] MDNA113: First-in-Class Anti-PD-1-IL-2 Bispecific Superkine - MDNA113 is being evaluated in non-human primate studies, with plans for a first-in-human clinical trial to start in 2026 [1][12] - The bispecific therapy is designed to enhance safety and efficacy through proprietary technologies [12] - Preclinical data presented at AACR 2025 supports its development potential in cancers affecting over 2 million patients annually [5][12] Intellectual Property Update - Six new patents have been issued or allowed across multiple jurisdictions, protecting various superkine assets, including the anti-PD1 x IL-2 program [1][7] Financial Overview - As of September 30, 2025, the company reported cash and cash equivalents of $15.7 million, providing a runway into at least mid-2026 [8] - Total operating costs for the quarter were $5.5 million, consistent with the previous year, with a noted increase in R&D expenses to $4.1 million due to expanded clinical activities [9][11] - The net loss for the quarter was $4.9 million, compared to a loss of $4.2 million in the same period last year [10]
Innate Pharma Reports Third Quarter 2025 Business Update and Financial Results
Businesswire· 2025-11-13 06:00
Core Insights - Innate Pharma reported strong execution across key programs, including FDA clearance for TELLOMAK-3, advancing lacutamab towards Phase 3 and potential accelerated approval in Sézary syndrome [2][13] - The company is on track for dose-escalation data from IPH4502 in the first half of 2026 and expects monalizumab PACIFIC-9 results in the second half of 2026 [2][5] - The cash position as of September 30, 2025, was €56.4 million, providing a runway until the end of Q3 2026 [5][17] Pipeline Highlights - Lacutamab is progressing towards Phase 3 initiation in H1 2026 after FDA clearance for the TELLOMAK-3 trial [5][13] - IPH4502, a Nectin-4 ADC, is in Phase 1 with enrollment progressing well and pharmacologically active dose reached [5][14] - Monalizumab PACIFIC-9 trial is ongoing, with data expected in H2 2026 [9][20] Financial Results - Revenues for the first nine months of 2025 were €2.3 million, down from €10.2 million in the same period in 2024 [18] - Financial liabilities amounted to €24.8 million as of September 30, 2025 [17] Corporate Update - The company is prioritizing investments in high-value clinical assets, including IPH4502, lacutamab, and monalizumab [3][20] - A redundancy plan is in place to streamline the organization, expected to be completed in the first half of 2026 [23]