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Century Therapeutics to Host Live Fireside Chat Focused on Newly Prioritized Preclinical Cell Therapy Programs for Autoimmune Diseases and Cancer on Tuesday, April 22, 2025
Newsfilter· 2025-04-15 20:01
Core Viewpoint - Century Therapeutics, Inc. is advancing its preclinical cell therapy programs targeting autoimmune diseases and cancer, with a live event scheduled to discuss these developments [1][2]. Group 1: Company Overview - Century Therapeutics is a clinical-stage biotechnology company focused on developing induced pluripotent stem cell (iPSC)-derived cell therapies for autoimmune diseases and cancers [4]. - The company aims to create off-the-shelf cell therapies to enhance patient access and improve treatment outcomes in autoimmune disease and cancer care [4]. Group 2: Upcoming Event Details - A live fireside chat will take place on April 22, 2025, at 10:00 a.m. EDT, where management will present details and data on prioritized preclinical programs [1]. - The event will cover investigational cell therapies including CNTY-308, a CD19-targeted CAR-iT therapy, and CNTY-341, a dual-targeted CAR-iT therapy, as well as a solid tumor CAR iT program [2]. - The discussion will highlight the proprietary immune evasion technology, Allo-Evasion™ 5.0, which aims to enable comprehensive evasion of various immune responses [2]. Group 3: Accessing Information - The live event can be accessed via the Investors page on Century's website, with a replay available for at least 30 days post-event [3].
Why Verve Therapeutics Is Skyrocketing Today
The Motley Fool· 2025-04-15 16:43
Verve Therapeutics (VERV 23.79%) stock is seeing explosive gains Tuesday. The biotech company's share price was up 24.5% as of 12:30 p.m. ET and had been up as much as 41% earlier in the session.Yesterday, Verve published promising data from its Heart-2 Phase 1b clinical trial of its VERVE-102 treatment for heterozygous familial hypercholesterolemia (HeFH) and premature coronary artery disease. Several analysts have now raised their price targets on the stock, and investors are buying up shares in response. ...
Windtree Therapeutics Reports Year-End 2024 Financial Results and Provides Key Business Updates
Globenewswire· 2025-04-15 12:00
Core Insights - Windtree Therapeutics, Inc. reported significant advancements in clinical development and business strategy for 2024, particularly focusing on its lead drug candidate, istaroxime, for treating cardiogenic shock [2][3] Business Development - The company announced positive results from the Phase 2 SEISMiC Extension Study of istaroxime in September 2024 and initiated the global SEISMiC C trial for more severely ill patients, with an interim assessment planned for Q3 2025 [3] - A new corporate strategy was launched to become a revenue-generating biotech through acquisitions of small companies with FDA-approved products, aiming to provide near-term value to shareholders [2][3] - Windtree entered a licensing partnership with Lee's Pharmaceutical for istaroxime and other drug candidates, enhancing its market reach in Greater China [2][3] Financial Performance - For the fiscal year ended December 31, 2024, research and development expenses increased to $16.3 million from $8.3 million in 2023, primarily due to a $7.5 million charge related to acquired in-process R&D [5] - General and administrative expenses decreased to $8.7 million from $9.2 million in 2023, attributed to reductions in stock-based compensation and personnel costs [6] - The company reported a net loss of $1.8 million for 2024, a significant improvement from a net loss of $20.3 million in 2023, influenced by non-cash gains on debt extinguishment and changes in fair value of common stock warrant liability [7][8] Intellectual Property and Regulatory Compliance - Windtree completed national phase filings for istaroxime patent applications in key markets, including the U.S., Germany, and China, strengthening its global intellectual property portfolio [9] - The company regained compliance with Nasdaq listing requirements, ensuring continued listing on the exchange [3] Cash Position - As of December 31, 2024, Windtree reported cash and cash equivalents of $1.8 million, with subsequent sales of common stock and warrant exercises providing additional liquidity [10]
Tectonic Therapeutic to Present Phase 1b Data for TX45 at European Society of Cardiology Heart Failure 2025
Newsfilter· 2025-04-15 12:00
Core Insights - Tectonic Therapeutic, Inc. announced a late-breaking oral presentation at the ESC Heart Failure 2025 Congress, focusing on Phase 1b data for TX45, a long-acting relaxin therapy targeting Group 2 PH-HFpEF patients [1][2] Group 1: Company Overview - Tectonic Therapeutic is a clinical-stage biotechnology company specializing in the discovery and development of therapeutic proteins and antibodies that modulate GPCR activity [5] - The company utilizes its proprietary GEODe™ technology platform to develop biologic medicines aimed at addressing significant unmet medical needs [5] Group 2: Product Information - TX45 is an Fc-relaxin fusion protein designed to activate the RXFP1 receptor, exhibiting pharmacokinetics and biophysical properties that enhance its therapeutic potential [3] - Relaxin, the hormone targeted by TX45, functions as a pulmonary and systemic vasodilator with additional anti-fibrotic and anti-inflammatory properties [3] Group 3: Disease Focus - Tectonic is concentrating on Group 2 pulmonary hypertension, specifically PH-HFpEF, which arises from left-sided heart disease and leads to increased pulmonary artery pressure and right-sided heart failure [4] - Approximately one third to one half of the 1.4 million PH-HFpEF patients in the U.S. are affected by the more severe Combined pre- and post-capillary PH (CpcPH) [4]
NKGen Biotech To Present on the Use of Troculeucel for Alzheimer's and Parkinson's Disease at the 7th China International Biotechnology Conference & Exhibition
GlobeNewswire News Room· 2025-04-14 12:00
Core Viewpoint - NKGen Biotech, Inc. is actively participating in the 7th China International Biotechnology Conference & Exhibition, showcasing its innovative NK cell therapeutics, particularly focusing on the treatment of neurodegenerative diseases like Alzheimer's and Parkinson's [1][2][3] Company Overview - NKGen is a clinical-stage biotechnology company based in Santa Ana, California, specializing in the development and commercialization of autologous and allogeneic natural killer (NK) cell therapeutics [6] - The company is developing a novel cell-based immunotherapeutic drug candidate named troculeucel, aimed at treating neurodegenerative disorders and various cancers [5] Conference Participation - Paul Y. Song, M.D., the CEO of NKGen, will present at BIOTEC-CHINA 2025, discussing the use of troculeucel for Alzheimer's and Parkinson's diseases [1][3] - The presentation will highlight promising results from Phase 1 clinical trials and ongoing Phase 1/2a trials for moderate Alzheimer's disease, with favorable clinical outcomes and biomarker data [3] Product Details - Troculeucel is recognized as the International Nonproprietary Name (INN) for SNK01, marking a significant milestone in NKGen's journey to market [5] - The therapy is designed to be patient-specific and is expanded ex vivo, indicating a tailored approach to immunotherapy [5]
XOMA Royalty Completes Sale of Kinnate Pipeline Assets
Newsfilter· 2025-04-14 11:30
Core Viewpoint - XOMA Royalty Corporation has successfully sold its remaining Kinnate pipeline assets for up to $270 million in upfront and milestone payments, along with royalties on future commercial sales [1][2] Group 1: Financial Details - The total potential financial benefit from the sale includes up to $270 million in upfront and milestone payments, plus royalties on commercial sales at rates ranging from low single digits to mid-teens [1] - Holders of Kinnate Contingent Value Rights (CVRs) will receive 85% of all related payments made to XOMA Royalty prior to April 2, 2029 [2] Group 2: Company Background - XOMA Royalty Corporation operates as a biotechnology royalty aggregator, acquiring future economic rights associated with therapeutic candidates licensed to pharmaceutical or biotechnology companies [3] - The company provides non-dilutive, non-recourse funding to sellers, enabling them to advance their internal drug candidates or for general corporate purposes [3] Group 3: Current Portfolio - As of the date of the press release, XOMA Royalty's milestone and royalty portfolio includes commercial assets such as VABYSMO®, OJEMDA™, MIPLYFFA™, XACIATO™, IXINITY®, and DSUVIA® [6]
4DMT Announces New Employment Inducement Grants
Globenewswire· 2025-04-11 20:05
Company Overview - 4D Molecular Therapeutics (4DMT) is a late-stage biotechnology company focused on developing durable and disease-targeted therapeutics that aim to transform treatment paradigms and provide significant benefits to patients [2][3] - The lead product candidate, 4D-150, is designed for the treatment of blinding retinal vascular diseases, specifically targeting wet age-related macular degeneration and diabetic macular edema [2][3] - 4D-150 offers multi-year sustained delivery of anti-VEGF through a single intravitreal injection, reducing the treatment burden associated with current bolus injections [2] Recent Developments - On April 8, 2025, the compensation committee of 4DMT's board of directors granted 16,500 Restricted Stock Units (RSUs) to three new non-executive employees [1] - The RSUs were issued under the Company's 2025 Employment Inducement Award Plan, which was approved in February 2025 [1] Product Pipeline - All product candidates from 4DMT are currently in clinical or preclinical development and have not yet received approval from the U.S. Food and Drug Administration or other regulatory authorities [3] - The second product candidate, 4D-710, is the first known genetic medicine to successfully deliver and express the CFTR transgene in the lungs of cystic fibrosis patients via aerosol delivery [2]
FibroBiologics to Present at The Cell & Gene Meeting on the Mediterranean
Globenewswire· 2025-04-11 12:30
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics and potential cures for chronic diseases using fibroblast cells and materials [1][3] - The company holds over 240 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer [3] - Hamid Khoja, Ph.D., the Chief Scientific Officer, will present at The Cell & Gene Meeting On The Mediterranean in Rome, highlighting a fibroblast cell-based therapeutic approach targeting chronic inflammation-mediated diseases [1][2] Company Overview - FibroBiologics is based in Houston and represents a new generation of medical advancements in cell therapy and tissue regeneration [3] - The company is actively engaged in the development of a pipeline of treatments aimed at chronic diseases, leveraging its extensive patent portfolio [3] Conference Details - The presentation titled "Restoring Immune system homeostasis using a fibroblast cell-based therapeutic targeting three chronic inflammation-mediated diseases" will take place on April 16, 2025, at 9:00 AM CEST [2] - The event is a significant gathering for the Advanced Therapy Medicinal Products community from Europe and beyond [1][2]
FibroBiologics to Present at The Cell & Gene Meeting on the Mediterranean
Newsfilter· 2025-04-11 12:30
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics for chronic diseases using fibroblast cells and materials [1][3] - The company holds over 240 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, and cancer [3] - Hamid Khoja, Ph.D., the Chief Scientific Officer, will present at The Cell & Gene Meeting On The Mediterranean, highlighting a fibroblast cell-based therapeutic approach [1][2] Company Overview - FibroBiologics is based in Houston and is engaged in the development of a pipeline of treatments aimed at chronic diseases [3] - The company represents advancements in cell therapy and tissue regeneration, with a focus on innovative medical solutions [3] Conference Details - The presentation titled "Restoring Immune system homeostasis using a fibroblast cell-based therapeutic targeting three chronic inflammation-mediated diseases" will take place on April 16, 2025, at 9:00 AM CEST [2] - The event is a significant gathering for the Advanced Therapy Medicinal Products community in Europe [1][2]
CARBIOS announces fiscal-year 2024 financial results
Globenewswire· 2025-04-11 04:45
Core Insights - CARBIOS reported its operating and financial results for the financial year 2024, highlighting a strategic focus on financing and technology sales to support the construction of its Longlaville plant [1][2]. Financial Performance - The Group's income for 2024 was €136 thousand, a significant increase from €24 thousand in 2023, primarily from feasibility studies and CARBIOS Active product deliveries [14][28]. - Operating expenses rose to €37,643 thousand in 2024 from €28,902 thousand in 2023, driven by increased personnel costs and external consulting services [14][21]. - The net loss for the period was €33,113 thousand, compared to a loss of €27,224 thousand in 2023, reflecting intensified commercial efforts and R&D activities [17][28]. Cash Position and Financing - As of December 31, 2024, CARBIOS had €109 million in cash, which includes €90 million in cash and cash equivalents [19][29]. - The company plans to finance its plant project through available cash, public grants of €42.5 million, and additional non-dilutive financing discussions, including potential government support for a debt guarantee of up to €86 million [4][6]. Operational Updates - The construction schedule for the Longlaville plant has been postponed by 6 to 9 months, with plans to resume once additional financing is secured [7][6]. - Significant progress has been made towards signing binding commercial contracts in the first half of 2025, alongside ongoing negotiations for licensing agreements [6][5]. Sustainability and Certifications - CARBIOS achieved B Corp™ label and ISO 9001 & 14001 certifications, with an improved extra-financial rating of 83/100 from EthiFinance [9]. - The company is focused on developing enzyme-based processes for biorecycling PET plastics and polyester fibers, contributing to the circular economy [22]. Patent Portfolio - CARBIOS strengthened its intellectual property portfolio with 58 patent families and 502 titles, including 28 new patents granted in key countries [10]. Organizational Changes - A reorganization and cost-cutting plan was initiated, potentially affecting around 40% of positions to ensure the implementation of its industrial and commercial strategy [11].