Oncology Therapies
Search documents
Crescent Biopharma Reports Third Quarter 2025 Financial Results and Recent Business Highlights
Globenewswire· 2025-11-06 12:30
Core Insights - Crescent Biopharma is advancing its pipeline of next-generation therapeutics for solid tumors, with significant progress expected in the coming years [2][3] Pipeline Developments - CR-001, a PD-1 x VEGF bispecific antibody, is on track for an IND submission in the fourth quarter of 2025, with a global Phase 1 trial planned to start in early 2026 [1][6] - Preclinical data for CR-001 shows cooperative pharmacology and in vivo anti-tumor activity, with initial clinical data anticipated in the second half of 2026 [2][6] - CR-002 and CR-003, novel antibody-drug conjugates (ADCs), are expected to have an IND submission in mid-2026 [4][2] Financial Performance - As of September 30, 2025, Crescent Biopharma reported a cash position of $133.3 million, which is projected to fund operations through 2027 [5][13] - Research and development expenses for Q3 2025 were $20.3 million, while general and administrative expenses were $5.5 million [5][11] - The net loss for the third quarter of 2025 was $24.6 million, equating to a loss of $1.27 per share [7][11]
Secura Bio to Participate in the Jefferies Global Healthcare Conference in London
Globenewswire· 2025-11-05 12:01
Core Insights - Secura Bio, Inc. is participating in the Jefferies Global Healthcare Conference from November 17 to 20, 2025, in London, UK, with CEO Chip Romp and CFO Will Brown attending [1]. Company Overview - Secura Bio is an integrated, commercial-stage pharmaceutical company focused on the development and commercialization of impactful oncology therapies for healthcare providers and patients [2]. Investor and Media Contacts - Will Brown serves as the Chief Financial Officer and can be contacted at 619-986-1364 or via email at ir@securabio.com for investor inquiries [3]. - Media inquiries can be directed to Kit Rodophele at Ten Bridge Communications, reachable at 617-999-9620 or krodophele@tenbridgecommunications.com [3].
Citius Oncology, Inc. Reports Fiscal Second Quarter 2025 Financial Results and Provides Business Update
Prnewswire· 2025-05-14 20:30
Core Insights - Citius Oncology is transitioning from a development-stage company to a commercial-stage organization following the FDA approval of its drug LYMPHIR, aimed at treating cutaneous T-cell lymphoma [2][3] - The company is focused on disciplined capital deployment and operational execution to support the U.S. launch of LYMPHIR, while also seeking additional capital to enhance financial flexibility [3][4] Financial Results - As of March 31, 2025, Citius Oncology had $112 million in cash and cash equivalents, with a total of 71,552,402 common shares outstanding [5] - Research and Development (R&D) expenses for Q2 2025 were $3.1 million, up from $1.3 million in Q2 2024, primarily due to costs associated with drug substance batch expenses [6] - General and Administrative (G&A) expenses increased to $2.2 million in Q2 2025 from $1.4 million in Q2 2024, driven by pre-commercial and commercial launch activities for LYMPHIR [7] - The net loss for Q2 2025 was $7.7 million, or ($0.11) per share, compared to a net loss of $4.8 million, or ($0.07) per share, in Q2 2024 [9] Market Position and Strategy - LYMPHIR, approved in August 2024, targets a market estimated to exceed $400 million, which is currently underserved by existing therapies [11] - The company is engaging in discussions with potential commercial and strategic partners to secure additional capital and maximize stockholder value [3][4]
Black Diamond Therapeutics Reports First Quarter 2025 Financial Results and Provides Corporate Update
Globenewswire· 2025-05-12 20:05
Core Viewpoint - Black Diamond Therapeutics reported strong financial results for Q1 2025, highlighting a significant net income and a robust cash position, while advancing its clinical trials for BDTX-1535 and BDTX-4933 [1][15]. Corporate Developments - The company is executing enrollment in the Phase 2 trial for BDTX-1535 targeting newly diagnosed patients with EGFRm NSCLC, with a clinical update expected in Q4 2025 [2][6]. - A global licensing agreement with Servier for BDTX-4933 was announced, providing an upfront payment of $70 million and potential milestone payments up to $710 million, along with tiered royalties based on global net sales [4][8]. Financial Highlights - As of March 31, 2025, Black Diamond had cash, cash equivalents, and investments totaling $152.4 million, a significant increase from $98.6 million at the end of 2024, which is expected to fund operations into Q4 2027 [6][10]. - The company reported a net income of $56.5 million for Q1 2025, compared to a net loss of $18.2 million for the same period in 2024 [15][19]. - Research and development expenses decreased to $10.5 million in Q1 2025 from $13.5 million in Q1 2024, attributed to workforce efficiencies [8][9]. Clinical Developments - Initial Phase 2 clinical data for BDTX-1535 in newly diagnosed patients with non-classical EGFRm NSCLC is expected to be disclosed in Q4 2025 [7]. - The Phase 0/1 trial of BDTX-1535 was expanded into newly diagnosed glioblastoma patients with EGFR alterations, showing promising pharmacokinetic and safety data [6][7].
Relmada Therapeutics Reports First Quarter 2025 Financial Results and Provides Business Update
GlobeNewswire News Room· 2025-05-12 20:01
Core Insights - Relmada Therapeutics has reported positive initial Phase 2 proof-of-concept data for NDV-01, showing a 90% overall response rate in non-muscle invasive bladder cancer (NMIBC) [1][4] - The company plans to initiate a Phase III registration trial for NDV-01 in the first half of 2026 and a Phase 2 study for sepranolone in Prader-Willi syndrome in the same timeframe [1][4] Pipeline Highlights - **NDV-01**: A sustained-release intravesical formulation of gemcitabine and docetaxel targeting high-grade NMIBC with a U.S. market opportunity of approximately 600,000 prevalent cases. The recent data shows a 90% overall response rate and 100% complete response in carcinoma in situ [5][10] - **Sepranolone**: A first-in-class GABAA Modulating Steroid Antagonist targeting disorders linked to excess GABAergic activity, with an estimated U.S. prevalence of 20,000 patients for Prader-Willi syndrome. A Phase 2 study is being prepared for initiation [5][11] Financial Results - For Q1 2025, the company reported a net loss of $17.5 million or $0.58 per share, compared to a net loss of $21.8 million or $0.72 per share in Q1 2024 [14][21] - Research and development expenses were $11.9 million, down from $13.3 million in Q1 2024, reflecting reduced trial costs [14][20] - Cash, equivalents, and short-term investments totaled $27.1 million as of March 31, 2025, down from $44.9 million at year-end 2024 [14][18]