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Caribou Biosciences Reports First Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-05-08 20:05
-- Two robust clinical datasets from CB-010 and CB-011 expected to be disclosed in H2 2025 -- -- $212.5 million in cash, cash equivalents, and marketable securities expected to fund the Company’s current operating plan into H2 2027 -- BERKELEY, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today reported financial results for the first quarter 2025 and provided a business update for its lead oncolo ...
Intellia Therapeutics Announces First Quarter 2025 Financial Results and Highlights Recent Company Progress
Globenewswire· 2025-05-08 11:30
On track to complete enrollment of the global Phase 3 HAELO study in hereditary angioedema (HAE) in the third quarter of 2025Dosed first patient in the global Phase 3 MAGNITUDE-2 study evaluating nexiguran ziclumeran (nex-z) in patients with hereditary ATTR amyloidosis with polyneuropathy (ATTRv-PN)Enrollment in the global Phase 3 MAGNITUDE trial of nex-z in patients with ATTR with cardiomyopathy (ATTR-CM) continues to track ahead of projectionsPresenting additional data from the Phase 1 portion of the ongo ...
CRISPR Therapeutics Provides First Quarter 2025 Financial Results and Announces Positive Top-Line Data from Phase 1 Clinical Trial of CTX310™ Targeting ANGPTL3
GlobeNewswire News Room· 2025-05-06 20:01
-Initial CTX310™ Phase 1 clinical data demonstrates dose-dependent decreases in triglycerides (TG) and low- density lipoprotein (LDL), with peak reduction of up to 82% in TG and up to 81% in LDL, with a well-tolerated safety profile; presentation anticipated at a medical meeting in the second half of 2025- -CASGEVY® continues to gain momentum; more than 65 authorized treatment centers (ATCs) activated globally for CASGEVY, and more than 90 patients have had cells collected across all regions; new patient in ...
Caribou Biosciences to Participate in the BofA Securities 2025 Health Care Conference
GlobeNewswire News Room· 2025-05-06 20:00
Caribou Biosciences, Inc. contacts: Investors: Amy Figueroa, CFA investor.relations@cariboubio.com Media: Peggy Vorwald, PhD media@cariboubio.com BERKELEY, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced Rachel Haurwitz, PhD, Caribou's president and chief executive officer, will participate in a fireside chat at the BofA Securities 2025 Health Care Conference on May 13th at 2:35 PM PD ...
3 No-Brainer Stocks to Buy in May
The Motley Fool· 2025-05-05 10:45
Group 1: Eli Lilly - Eli Lilly is identified as a top growth stock in the healthcare sector, driven by its GLP-1 offerings, Zepbound and Wegovy, which are in early growth stages [3] - The company's revenue surged from less than $29 billion in 2022 to over $45 billion in 2023, marking a 58% growth in two years [4] - Zepbound generated $4.9 billion in revenue last year, while Mounjaro's sales more than doubled to $11.5 billion, making it the top-selling drug for Eli Lilly [5] - Eli Lilly is focusing on the lucrative GLP-1 drug market and is working on a weight loss pill, orforglipron, which may receive approval next year [6] - Despite a high valuation of $800 billion and trading at over 75 times trailing earnings, Eli Lilly is projected to reach a $1 trillion valuation within the next one to two years [7] Group 2: Novo Nordisk - Novo Nordisk remains a leader in diabetes and obesity care, despite recent clinical setbacks affecting its pipeline [9] - The company's stock has dropped nearly 50% over the past year, making it more attractively priced for investors [9][11] - Novo Nordisk is expanding its product development beyond endocrine-related disorders, which is strategic given the competition in the weight management market [10] - The company has a deep pipeline with investigational drugs targeting various areas, indicating strong long-term prospects [11] Group 3: Vertex Pharmaceuticals - Vertex Pharmaceuticals has seen a 24% increase in stock price year-to-date, indicating strong market performance [12] - The approval of its new pain medication, Journavx, is expected to drive significant commercial potential and momentum [13] - Vertex has launched Alyftrek, a cystic fibrosis therapy that offers more convenient dosing and is expected to be more profitable [14] - The company is optimistic about its gene-editing therapy, Casgevy, which has multibillion-dollar potential despite slow initial uptake [15] - Vertex has four programs in phase 3 testing, including zimislecel, which could potentially cure severe type 1 diabetes [16]
Kytopen and Aldevron Expedite Cell Therapy Manufacturing Through Their Collaborative CRISPR-mediated Cellular Engineering Workflow
Prnewswire· 2025-04-29 14:07
Core Insights - Kytopen Corp and Aldevron have entered a joint marketing agreement to enhance workflow solutions for cell therapy manufacturers by combining their technologies [1][6] - The collaboration focuses on promoting the synergies of Aldevron's Nanoplasmid™ vector technology and Kytopen's Flowfect Tx™ GMP cellular engineering platform for CRISPR-mediated engineering of primary T Cells [1][2] Technology Overview - Aldevron's Nanoplasmid vector technology offers high transgene expression and an improved safety profile, while Kytopen's Flowfect technology ensures gentle gene delivery with unlimited scalability [2][6] - The combination of these technologies results in an enhanced CRISPR-mediated T-cell engineering workflow, yielding high outputs and saving time for cell therapy developers [2][6] Upcoming Presentations - Kytopen will present a joint poster at the International Society of Cell & Gene Therapy (ISCT) Annual Meeting from May 7-10, 2025, in New Orleans, showcasing data on increased yield and manufacturing ease compared to viral and electroporation technologies [3][6] - A Global Showcase Oral Presentation will also be held on May 8, 2025, highlighting a fully validated, non-viral GMP platform for engineered cell manufacture at clinical and commercial scales [5][6] Strategic Commitment - The collaboration reflects a shared commitment to advancing cell therapies by streamlining workflows to deliver higher yields of healthier cells [4] - The partnership aims to meet the growing patient demand as the adoption of CRISPR-based therapies accelerates [4]
Maravai LifeSciences(MRVI) - 2023 FY - Earnings Call Transcript
2023-11-16 15:00
Maravai LifeSciences (MRVI) FY 2023 Conference November 16, 2023 09:00 AM ET Speaker0 Good afternoon. Thanks for being here at the last session of our London conference. We're very excited to have Maribai Life Sciences with us today here to tell us more about the story before we jump into some Q and A, CEO, Trey Martin as well as CFO, Kevin Hurti. Turn it over to Trey. Speaker1 All right. Thank you. Thanks for being here in person. I know it sounds like we're at the tail end of this conference. And also tha ...