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Annexon Submits Tanruprubart Marketing Authorization Application to the European Medicines Agency for Guillain-Barré Syndrome
Globenewswire· 2026-01-08 13:00
Core Insights - Annexon, Inc. has submitted a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for tanruprubart, a potential first targeted fast-acting therapy for Guillain-Barré syndrome (GBS) [1][2] - The company plans to submit a Biologics License Application (BLA) to the FDA in 2026, with data from the ongoing FORWARD trial [1][3] Company Overview - Annexon is focused on developing targeted immunotherapies for neuroinflammatory diseases affecting nearly 10 million people globally [1][7] - The company aims to provide meaningful functional benefits and alter the course of diseases by stopping classical complement-driven neuroinflammation [7] Product Details - Tanruprubart is a first-in-class antibody designed to block classical complement-driven inflammation, showing rapid effects in stopping early nerve damage in GBS patients [2][4] - The therapy has received Orphan Drug designations from both the FDA and EMA, indicating a recognized need for improved treatments [2][5] Clinical Data - The MAA submission included comprehensive data demonstrating that tanruprubart allows patients to recover faster and more completely compared to existing treatments [3][4] - The ongoing FORWARD study aims to support a broad label for both pediatric and adult patients, expanding the use of tanruprubart across different geographies [3][4] Disease Context - GBS is a rare neuromuscular emergency affecting over 150,000 people annually worldwide, with no approved treatments in the U.S. [2][6] - The disease leads to significant morbidity and has a multi-billion-dollar annual economic cost to the U.S. healthcare system [6]
MAIA Biotechnology Announces $736,600 Private Placement
Globenewswire· 2025-10-13 20:20
Core Viewpoint - MAIA Biotechnology, Inc. has announced a private placement of 603,769 shares of common stock at a price of $1.22 per share, along with warrants for additional shares, aimed at raising approximately $736,600 to fund clinical trials and working capital [1][2]. Group 1: Private Placement Details - The private placement involves the sale of 603,769 shares at $1.22 each, with each share accompanied by a warrant to purchase one additional share at an exercise price of $1.52 [1]. - The warrants will be exercisable six months after issuance and will have a term of three years [1]. - The expected gross proceeds from the offering are approximately $736,600, before expenses [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to fund Step 1 of Part C of the Phase II trial THIO-101 and for general working capital [2]. Group 3: Company Overview - MAIA Biotechnology is focused on developing targeted immunotherapies for cancer, with its lead program being ateganosine (THIO), aimed at treating NSCLC patients with telomerase-positive cancer cells [5].
Calidi Biotherapeutics Announces Shareholder Letter from CEO
Globenewswire· 2025-06-27 12:00
Core Viewpoint - Calidi Biotherapeutics is undergoing significant transformation in leadership, focus, and financial management, aiming to advance its innovative oncology therapies, particularly the RedTail platform, which shows promise in delivering genetic medicines to metastatic cancer sites [1][3][7]. Company Developments - The appointment of Eric Poma as CEO in April 2025 marks a new leadership direction, with a focus on advancing therapeutic approaches in oncology [2]. - Dr. Guy Travis Clifton has been appointed as Chief Medical Officer, enhancing the company's expertise in clinical program advancement and regulatory strategy [2]. R&D Pipeline Progress - The RedTail platform is highlighted as a key focus, utilizing an engineered enveloped virus for systemic delivery of genetic medicines to metastatic cancer sites, representing over a decade of research [3][9]. - Recent preclinical data indicates that RedTail demonstrates potent tumor-selective targeting and improved anti-tumor immune modulation, differentiating it in the oncology market [4]. Strategic Partnerships - The company is actively seeking partnerships with leading biopharmaceutical firms to accelerate the development and commercialization of therapies, which could enhance market reach and shareholder value [4]. Future Milestones - The roadmap for the next 18 months includes completing IND-enabling studies for the lead candidate CLD-401, with an IND filing anticipated by the end of 2026 [5]. - An IND for the SuperNova virotherapy (CLD-201) was opened in April 2025, with Phase I trials expected to start by the end of 2025 [6]. Financial Management - As of Q1 2025, the company reported approximately $10.6 million in cash, with efforts to reduce costs and lower the burn rate while retiring most of its debt [7].