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Oncolytics Biotech® Outlines Strategic Rationale for Proposal to Change Jurisdiction of Incorporation to Nevada
Globenewswire· 2026-01-09 14:00
SAN DIEGO, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Oncolytics Biotech® Inc. (Nasdaq: ONCY) (“Oncolytics” or the “Company”), a clinical-stage immunotherapy company developing pelareorep, today provided additional context regarding its previously announced proposal to change the Company’s jurisdiction of incorporation from Alberta, Canada, to the State of Nevada in the United States. The Company believes it is important to clearly communicate the strategic and operational reasons underlying this proposal as Oncolyt ...
Investors who lost money on Skye Bioscience, Inc.(SKYE) should contact Levi & Korsinsky about pending Class Action - SKYE
Prnewswire· 2026-01-09 14:00
NEW YORK, Jan. 9, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Skye Bioscience, Inc. ("Skye Bioscience, Inc." or the "Company") (NASDAQ: SKYE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Skye Bioscience, Inc. investors who were adversely affected by alleged securities fraud between November 4, 2024 and October 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra ...
Senti Bio to Participate in Panel Presentation at Biotech Showcase Alongside the J.P. Morgan Annual Healthcare Conference
Globenewswire· 2026-01-09 13:55
Core Insights - Senti Biosciences, Inc. is participating in the Biotech Showcase 2026, highlighting its focus on next-generation cell and gene therapies using its proprietary Gene Circuit platform [1][3] - The panel presentation titled "Engineering the Future: Advances in Cell and Gene Therapies" will take place on January 13, 2026, at 8:00 AM PST [2] Company Overview - Senti Bio is a clinical-stage biotechnology company dedicated to developing innovative cell and gene therapies for patients with incurable diseases [4] - The company utilizes a synthetic biology platform to engineer Gene Circuits aimed at precisely targeting and killing cancer cells while sparing healthy cells [4] - Senti Bio's pipeline includes cell therapies designed to address challenging liquid and solid tumor indications, with preclinical evidence supporting the efficacy of Gene Circuits in both NK and T cells [4] Industry Context - The Biotech Showcase serves as a significant investor and networking conference for biotechnology and life sciences companies, providing a platform for presenting to investors and pharmaceutical executives [3] - This event is recognized for setting the tone for the biotechnology sector in the upcoming year, featuring multiple tracks, plenary sessions, and networking opportunities [3]
Tenaya Therapeutics Announces 2026 Strategic Priorities and Anticipated Milestones
Globenewswire· 2026-01-09 13:30
Core Insights - Tenaya Therapeutics aims to build on positive interim results from its TN-201 gene therapy for MYBPC3-associated hypertrophic cardiomyopathy (HCM) in 2025, with plans to report longer-term follow-up data in 2026 [1][3] - The company raised $60 million in Q4 2025 to support its operations through mid-2027 [1][7] Clinical Development Updates - Tenaya expects to share interim data for Cohort 2 of the MyPEAK-1 trial and updates from Cohort 1 in the first half of 2026, with one-year data for Cohort 1 and two-year data for Cohort 2 anticipated in the second half of 2026 [6][12] - The MyPEAK-1 trial has shown that TN-201 was well tolerated, with no dose-limiting toxicities and significant increases in MyBP-C protein levels observed [6][8] - The RIDGE-1 trial for TN-401 is also progressing, with initial positive data reported and plans for further patient enrollment following a review by the Data Safety Monitoring Board (DSMB) [12][14] Financial Position - As of Q3 2025, Tenaya had $56.3 million in cash and equivalents, and the additional $60 million raised is expected to fund operations through mid-2027 [7][1] Regulatory and Strategic Plans - The company plans to pursue regulatory alignment for its lead gene therapy programs, TN-201 and TN-401, throughout 2026 [1][12] - Tenaya's gene therapies have received various designations from the FDA, including Fast Track and Orphan Drug designations, indicating their potential significance in treating rare diseases [8][11]
MoonLake: Positive FDA Meeting Spurs Momentum Ahead Of BLA Submission
Seeking Alpha· 2026-01-09 13:15
Core Insights - MoonLake Immunotherapeutics (MLTX) stock experienced a significant decline in 2025, dropping to lows in the $6 range, but is now beginning to recover from that downturn [1] Company Analysis - The company focuses on biotechnology innovations, particularly in unique mechanisms of action and first-in-class therapies, which have the potential to reshape treatment paradigms [1] - The analysis emphasizes the importance of evaluating the scientific basis of drug candidates, the competitive landscape, clinical trial design, and market opportunities while also considering financial fundamentals and valuation [1] Industry Perspective - The biotechnology sector is characterized by the potential for breakthrough science to yield substantial returns, but it also requires careful scrutiny due to inherent risks [1]
Curis Announces Closing of Private Placement Totaling up to $80.8 Million in Gross Proceeds
Prnewswire· 2026-01-09 13:00
Core Viewpoint - Curis, Inc. has successfully closed a private placement financing, raising gross proceeds of up to $80.8 million, which will support the development of its lead drug emavusertib [1][2]. Group 1: Financing Details - The private placement included initial gross proceeds of approximately $20.2 million before placement agent fees and offering expenses [1]. - The financing was led by Nantahala Capital, Stonepine Capital Management, Pointillist Partners, LLC, and The Red Hook Fund, LP, along with participation from other institutional investors and members of the management team and board of directors [2]. Group 2: Company Overview - Curis, Inc. is focused on developing emavusertib, an orally available small molecule IRAK4 and FLT3 inhibitor [3]. - Emavusertib is currently being evaluated in clinical studies for various types of lymphoma and leukemia, including a Phase 1/2 study in combination with ibrutinib for relapsed/refractory primary central nervous system lymphoma and a Phase 2 study in chronic lymphocytic leukemia [3]. - The drug has received Orphan Drug Designation from the U.S. FDA and the European Commission for the treatment of primary central nervous system lymphoma, acute myeloid leukemia, and myelodysplastic syndromes [3].
Ocugen CEO to Present at J.P. Morgan 2026 Healthcare Conference
Globenewswire· 2026-01-09 12:02
Core Insights - Ocugen, Inc. is set to present at the 44th Annual J.P. Morgan Healthcare Conference from January 12-15, 2026, highlighting its advancements in gene therapies for blindness diseases [1][2] - The company aims to file three Biologics License Applications (BLAs) in the next two years, including a rolling BLA for OCU400 targeting retinitis pigmentosa this year [2] Company Overview - Ocugen, Inc. is a biotechnology leader focused on gene therapies for blindness diseases, utilizing a modifier gene therapy platform that addresses complex diseases caused by imbalances in multiple gene networks [4] - The company is developing therapies for inherited retinal diseases and other blindness conditions affecting millions globally, including retinitis pigmentosa, Stargardt disease, and geographic atrophy [4] Presentation Details - Dr. Shankar Musunuri, Chairman and CEO, will present on January 15, 2026, from 9:45 to 10:25 a.m. PST at the Colonial Room, Mezzanine [3] - A live video webcast of the presentation will be available on Ocugen's investor site, with a replay accessible for a limited time [3]
Immunocore announces 2026 strategic priorities at 44th Annual J.P. Morgan Healthcare Conference
Globenewswire· 2026-01-09 12:00
Core Insights - Immunocore has outlined its strategic priorities for 2026, focusing on expanding its melanoma franchise and advancing its clinical pipeline in oncology, infectious diseases, and autoimmune diseases [2][4][5] Group 1: Melanoma Franchise - The company aims to grow KIMMTRAK (tebentafusp) and prepare for new melanoma indications, targeting more metastatic uveal melanoma patients through ongoing registrational Phase 3 trials [5][12] - Enrollment completion for the TEBE-AM trial is expected in the first half of 2026, with topline data anticipated as early as the second half of 2026 [3][4][12] - The company is also enrolling a third registrational trial, PRISM-MEL-301, evaluating brenetafusp in first-line melanoma [5][12] Group 2: Broader Oncology Pipeline - Immunocore plans to expand beyond melanoma into other tumor types, with multiple Phase 1 readouts expected in 2026 for its PRAME bispecific candidates, including brenetafusp and IMC-P115C [5][6] - The company is also conducting a Phase 1 dose escalation trial in colorectal cancer with IMC-R117C [6] Group 3: Infectious and Autoimmune Diseases - The company is advancing its infectious disease platform, with ongoing Phase 1 trials for HIV and plans to present additional data in the second half of 2026 [6][9] - Immunocore is set to dose the first patient in a Phase 1 type 1 diabetes trial in the first half of 2026 and will submit a clinical trial application for a second autoimmune candidate in the second half of 2026 [2][13] Group 4: Financial Position - As of December 31, 2025, the company reported a preliminary cash position of approximately $864 million, with final financial results expected in late February 2026 [10]
A little-known biotech stock has become a prime takeover target after surging nearly 1,700% last year
CNBC· 2026-01-09 11:54
Core Insights - Abivax, a French biotech company, is expected to be acquired by a larger pharmaceutical company in a deal potentially worth $23 billion, following a remarkable 1,681% increase in its stock price last year [1] - The company's stock surged 510% in a single day after positive results from a late-stage trial for its ulcerative colitis treatment, indicating strong market interest and potential for strategic acquisition [2] - Abivax's lead asset, obefazimod, was initially developed for HIV but has shown promise for inflammatory bowel disease, attracting attention from major pharmaceutical companies like Eli Lilly [3] Company Performance - Abivax's stock price fluctuated between 10 and 20 euros since its listing in 2015, but it experienced significant growth in 2025, particularly after trial results exceeded expectations [2] - The company is currently seen as a strategic acquisition target for larger firms with immunology and inflammation portfolios, given its promising drug development [2][3] Market Expectations - Analysts predict that a deal for Abivax could occur imminently, with expectations that the stock will trade within its current range until the upcoming JP Morgan Healthcare Conference, where major deals are often announced [4][5] - The acquisition of biotech firms like Abivax is common as larger pharmaceutical companies seek to leverage their infrastructure for drug commercialization [4]
Aquestive Therapeutics: Looking For The PDUFA Run-Up (NASDAQ:AQST)
Seeking Alpha· 2026-01-09 09:21
Core Insights - The article discusses the potential approval of Anaphylm by Aquestive Therapeutics (AQST) and highlights possible catalysts leading up to the FDA PDUFA date [1]. Group 1: Company Overview - Aquestive Therapeutics is focused on developing innovative therapies and pharmaceuticals, particularly in the biotech sector [1]. - The company has a beneficial long position in its shares, indicating confidence in its future performance [2]. Group 2: Investment Strategy - The investment strategy revolves around identifying breakthrough therapies and potential acquisition targets within the healthcare sector [1]. - The investing group, Compounding Healthcare, offers various resources including model healthcare portfolios, newsletters, and a daily watchlist to support investors [1].