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24/7 Market News - Kraig Labs Set to Deliver Spider Silk Fiber Samples to Three Industry Partners
Globenewswire· 2026-01-14 13:05
Deliveries will Mark Its First Commercial Sales and the Start of the Spider Silk RaceDENVER, Jan. 14, 2026 (GLOBE NEWSWIRE) -- 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that Kraig Biocraft Laboratories (OTCQB: KBLB), the undisputed global leader in the development and commercialization of spider silk, is preparing to deliver its first fiber samples to three previously announced companies in the fashion and performance ...
BriaCell Plunges On Pricing Announcement Of $30Mln Public Offering
RTTNews· 2026-01-14 11:19
BriaCell Therapeutics Corp. (BCTX, BCTXL), a clinical-stage biotechnology company, on Wednesday announced the pricing of a public offering of 5.367 million units at $5.59 per unit, for gross proceeds of approximately $30 million.Each unit consists of one common share and one warrant. Each warrant will be immediately exercisable, entitle the holder to purchase one common share at an exercise price of $6.93 per share, and will expire five years from the date of issuance. Following the announcement in the pre ...
Genmab A/S (GMAB) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-14 05:05
Core Viewpoint - Genmab is transitioning from a royalty-based company to a fully integrated, innovation-driven biotech firm with a focus on proprietary medicines and a robust late-stage pipeline, positioning itself for sustainable long-term growth into the 2030s [2][3]. Group 1: Company Overview - Genmab has evolved over the past decade, enhancing its portfolio and capabilities [2]. - The company is now characterized by a diversified revenue base and three high-impact late-stage programs [2]. Group 2: Growth Strategy - The company aims to leverage its high-quality revenue base and late-stage portfolio to drive sustainable growth well into the next decade [3].
BioNTech SE (BNTX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-14 03:45
Group 1 - The presentation is part of the 44th Annual Healthcare Conference hosted by JPMorgan [1] - BioNTech's CEO, Ugur Sahin, is set to present and participate in a Q&A session [2]
Zai Lab Limited (ZLAB) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-14 03:15
Core Viewpoint - Zai Lab emphasizes the importance of both its China business and global portfolio, indicating a strategic dual-engine approach to growth and innovation [2][3]. Group 1: Company Overview - Zai Lab was founded 11 years ago with a dual focus on commercial opportunities in China and a global portfolio for innovation [3]. - The company has successfully obtained approval for 8 products in China, projecting sales of approximately $460 million [4]. Group 2: Strategic Focus - The company aims to serve as a partner for global biotech firms lacking capabilities in China while also promoting Chinese innovations globally [3]. - The commercial engine of Zai Lab is designed to accelerate growth, reflecting a strategic emphasis on both local and international markets [3].
Beam Therapeutics (NasdaqGS:BEAM) FY Conference Transcript
2026-01-14 02:17
Beam Therapeutics Conference Call Summary Company Overview - **Company**: Beam Therapeutics (NasdaqGS:BEAM) - **Industry**: Biotechnology, specifically gene editing for rare and common disorders Key Points and Arguments Vision and Technology - Beam Therapeutics aims to provide lifelong cures for patients with serious diseases through gene editing, focusing on one-time curative therapies with lasting effects [2][4] - The company utilizes base editing technology, which allows precise single-letter changes in genes without creating double-stranded breaks, leading to predictable and durable outcomes [4][5] Recent Achievements - In 2024, Beam presented significant data on base editing for severe sickle cell disease, demonstrating dramatic results [2][3] - The first data for base editing in alpha-1 antitrypsin deficiency (Beam 302) was published, showcasing the ability to rewrite a broken gene back to normal [3][12] Clinical Programs - **Beam 302**: Aimed at correcting the single-letter misspelling in the SERPINA1 gene responsible for alpha-1 antitrypsin deficiency, with the goal of restoring normal protein levels and addressing both lung and liver issues [15][16] - **Ristacel**: Targeting sickle cell disease, with a focus on achieving deeper resolution of the disease and improving patient outcomes [22][23] Regulatory Progress - Beam has received RMAT designation from the FDA, allowing for accelerated approval pathways for its therapies [18][19] - The company anticipates submitting a Biologics License Application (BLA) for Ristacel by the end of 2026 [29] Financial Position - Beam reported having $1.25 billion in cash at the end of the year, providing a runway into 2029 for the development and commercialization of its therapies [10][11] Market Potential - The company believes that its therapies will reduce lifetime healthcare costs and improve patient outcomes, making them attractive to payers [7][8] - There is significant patient interest and a growing number of treatment centers prepared to administer Beam's therapies [25][27] Future Directions - Beam plans to expand its pipeline with additional liver-targeted genetic disease programs and continue advancing its hematology franchise [33][34] - The company is also focusing on in vivo delivery methods to enhance scalability and reach more patients [30][31] Additional Important Information - Beam's base editing technology is adaptable and scalable, with a strong emphasis on manufacturing efficiency [9][43] - The company has established partnerships that have generated over $900 million in non-dilutive funding, enhancing its research capabilities [32] - Beam is committed to addressing unmet medical needs in rare diseases, with a focus on both therapeutic impact and commercial viability [56] This summary encapsulates the key points discussed during the conference call, highlighting Beam Therapeutics' innovative approach to gene editing, recent achievements, regulatory progress, financial strength, and future plans in the biotechnology sector.
BriaCell Therapeutics Announces Pricing of $30 million Public Offering
Globenewswire· 2026-01-14 02:00
Core Viewpoint - BriaCell Therapeutics Corp. has announced a public offering of 5,366,726 units at a price of $5.59 per unit, aiming to raise approximately $30 million before expenses [1][2]. Group 1: Offering Details - Each unit consists of one common share (or a pre-funded warrant) and one warrant, with the warrants approved for listing on the Nasdaq Capital Market under the symbol "BCTXL" [1]. - The warrants are immediately exercisable at an exercise price of $6.93 per share and will expire five years from issuance [1]. - The offering is expected to close on January 15, 2026, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund working capital requirements, general corporate purposes, and to advance the company's business objectives [3]. Group 3: Regulatory Information - A registration statement related to the securities was filed with the SEC on December 23, 2025, and became effective on January 13, 2026 [4]. - The offering is being made only by means of a prospectus, with copies available from ThinkEquity and on the SEC's website [4]. Group 4: Company Overview - BriaCell is a clinical-stage biotechnology company focused on developing novel immunotherapies to transform cancer care [6].
TG Therapeutics, Inc. (TGTX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-13 23:46
PresentationGood afternoon, everyone. Thanks for joining us for another session at the 44th JPMorgan Healthcare Conference. I'm Brian Cheng. I'm one of the senior biotech analysts here at the firm. On stage, we have Mike Weiss, who is the CEO of TG Therapeutics.Michael WeissChairman, CEO & President Great. Thank you, Brian, and thanks, everyone, for joining us. I'm going to get started here. Just before I do, let me just mention that I will make some forward-looking statements. For those of you who are inte ...
Recursion Pharmaceuticals, Inc. (RXRX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Seeking Alpha· 2026-01-13 22:46
PresentationHi, everyone. Let's get started. Welcome to the 44th Annual JPMorgan Healthcare Conference. My name is Priyanka Grover, and I'm part of the JPMorgan Biotech team. Today, our next presenting company is Recursion and presenting on behalf of the company is CEO, Najat Khan. Thank you.Najat KhanCEO, President & Director Thank you, Priyanka. Good morning, everyone. It's a pleasure to be here today. It's a very exciting time for Recursion in terms of the recent momentum that we have and also our path a ...
Erasca (NasdaqGS:ERAS) FY Conference Transcript
2026-01-13 22:32
Erasca (NasdaqGS:ERAS) FY Conference January 13, 2026 04:30 PM ET Company ParticipantsJonathan Lim - CEODavid Chacko - CFOConference Call ParticipantsNone - Analyst 2Anupam Rama - AnalystNone - Analyst 1None - Analyst 6None - Analyst 3None - Analyst 4None - Analyst 5Anupam RamaAll right, let's go ahead and get started. Welcome, everyone, to the 44th Annual JPMorgan Healthcare Conference. My name's Anupam Rama. I am one of the SMI-Cap biotech analysts here at JPMorgan. I'm joined by my squad: Ratih Pinhe, Pr ...