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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].
Protalix BioTherapeutics Is A Strong Buy With Increasing Revenues And A Promising Pipeline
Seeking Alpha· 2025-04-10 13:54
Protalix BioTherapeutics ( PLX ) is a biotechnology company with two marketed therapies: Elelyso, for Gaucher disease, and Elfabrio for Fabry Disease. As well, the company is actively developing a clinical pipeline that, in our view, may open upAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PLX over the next ...
Pluri Announces Expansion of Intellectual Property Portfolio with Two Granted Patents for 3D Expansion of Immune Cells in the United States and Israel
Newsfilter· 2025-04-10 12:30
Core Insights - Pluri Inc. has received a patent from the U.S. Patent and Trademark Office for its immune cell expansion technologies, specifically for MAIT cells, which are important for fighting infections and tissue repair [1][4] - The company has also secured a corresponding patent in Israel, bringing its total intellectual property estate to over 250 patents [1] - Pluri's MAIT cells, derived from the placenta, are positioned as a promising solution for treating solid tumors, addressing a significant unmet medical need in immunotherapy [2][5] Intellectual Property and Technology - The newly granted patents focus on large-scale culturing and activation of immune cells using Pluri's proprietary 3D cell expansion bioreactors [3][7] - Pluri's 3D cell expansion technology mimics the natural environment of lymph nodes, allowing for efficient and high-quality immune cell expansion [8] Market Potential - The global immune cell engineering market is projected to reach approximately $11.7 billion by 2030, while the global cancer immunotherapy market is estimated at $136 billion in 2025 [7] - Pluri's MAIT platform not only supports the expansion of MAIT cells but also Tumor Infiltrating Lymphocytes (TILs), broadening the scope of potential therapies in cancer immunotherapy [7] Strategic Vision - The CEO of Pluri emphasizes the potential of MAIT cells in immunotherapy and the company's capability to scale production, positioning it for collaborations that could deliver immune therapies to patients [4] - Pluri aims to develop its proprietary placental-derived MAIT cell immunotherapy platform to revolutionize solid tumor treatment and support other companies in commercializing their immunotherapy treatments [4][6]
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sana Biotechnology
Newsfilter· 2025-04-09 15:40
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sana Biotechnology, Inc. for alleged violations of federal securities laws, particularly regarding misleading statements about the company's financial health and product development [3][5]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Sana between March 17, 2023, and November 4, 2024, to discuss their legal rights [1][3]. - A federal securities class action has been filed against Sana, with a deadline of May 20, 2025, for investors to seek the role of lead plaintiff [3][9]. - The complaint alleges that Sana and its executives made false statements about the company's financial capacity and the potential of its product candidates [5]. Group 2: Company Financials and Operations - On October 10, 2023, Sana announced a strategic shift to reduce spending on its fusogen platform and focus on its ex vivo cell therapy platform, resulting in a 29% headcount reduction [6][7]. - Following this announcement, Sana's stock price fell by $0.34 per share, or 8.95%, closing at $3.46 per share on October 11, 2023 [7]. - On November 4, 2024, Sana suspended development of SC291 and SC379, reallocating resources to its type 1 diabetes program, which extended its cash runway into 2026 [8]. - After this announcement, Sana's stock price dropped by $0.37 per share, or 9.84%, closing at $3.39 per share on November 5, 2024 [8].
Oragenics, Inc. Announces Health and Disability Ethics Committee Submission for Phase IIa Concussion Trial
Globenewswire· 2025-04-09 12:58
Core Viewpoint - Oragenics, Inc. has submitted a clinical trial protocol for its neurosteroid therapy ONP-002 to the Health and Disability Ethics Committee in New Zealand, marking a significant step in the development of treatments for mild traumatic brain injury (mTBI) or concussion [1][2][3] Company Overview - Oragenics, Inc. is a biotechnology company focused on developing intranasal therapeutics for neurological disorders, with ONP-002 as its lead candidate for treating mTBI or concussion [4] - The company is also advancing proprietary powder formulations and intranasal delivery technology to enhance drug administration [4] Clinical Trial Details - The Phase II clinical trial for ONP-002 aims to evaluate its efficacy in treating mTBI or concussion, with patient enrollment planned in both Australia and New Zealand [2][3] - The trial will be conducted at Christchurch Hospital, the largest tertiary, teaching, and research hospital on New Zealand's South Island, which treats over 83,000 patients annually [2][3] Treatment Significance - There are currently no pharmaceutical therapies available for treating concussion, highlighting an unmet medical need [3] - ONP-002 is designed for intranasal administration, providing a non-invasive and efficient route for drug delivery to the brain, and has shown promising results in preclinical models [3]
Anixa Biosciences Receives Notice of Allowance from U.S. Patent and Trademark Office for Patent Covering Breast Cancer Vaccine Technology
Prnewswire· 2025-04-09 12:00
Core Points - Anixa Biosciences has received a Notice of Allowance for a new patent related to its breast cancer vaccine technology, which broadens the scope of immunogenic compositions used in the vaccine [1][2] - The patent covers methods of immunizing patients against breast cancer using an immunogenic composition containing the human α-lactalbumin protein, which is expressed in certain breast cancers [2] - The CEO of Anixa highlighted that this patent enhances the company's intellectual property portfolio, which includes multiple issued and pending patents in the U.S. and internationally [3] Company Overview - Anixa Biosciences is a clinical-stage biotechnology company focused on cancer treatment and prevention, with a therapeutic portfolio that includes an ovarian cancer immunotherapy program developed in collaboration with Moffitt Cancer Center [3] - The company's vaccine portfolio includes vaccines for breast and ovarian cancer, as well as other cancer vaccines targeting high incidence malignancies such as lung, colon, and prostate cancers [3] - Anixa's business model involves partnerships with renowned research institutions, allowing the company to explore emerging technologies for further development and commercialization [3]
Solid Biosciences: A Strong Buy As An Emerging Biotech In The Gene Therapy Space
Seeking Alpha· 2025-04-08 20:50
Group 1 - Solid Biosciences Inc. (NASDAQ: SLDB) is potentially repositioning itself in a sector that has recently faced significant scrutiny [1] - The company's lead candidate is still in early-stage trials but has demonstrated encouraging results [1]
Artiva Biotherapeutics Appoints Subhashis Banerjee, M.D., as Chief Medical Officer
Globenewswire· 2025-04-08 20:05
Core Insights - Artiva Biotherapeutics has appointed Dr. Subhashis Banerjee as Chief Medical Officer, enhancing its development team focused on autoimmune diseases and cell therapy [1][2] - Dr. Banerjee has over 20 years of clinical development experience, previously holding significant roles at Bristol Myers Squibb and VYNE Therapeutics [1][2] - The company aims to advance its AlloNK® program for treating B-cell driven autoimmune diseases, leveraging Dr. Banerjee's expertise in regulatory approval of major therapies [2][5] Company Overview - Artiva Biotherapeutics is a clinical-stage biotechnology company dedicated to developing safe and effective cell therapies for autoimmune diseases and cancers [5][6] - The lead program, AlloNK®, is a non-genetically modified NK cell therapy designed to enhance the efficacy of monoclonal antibodies for B-cell depletion [5] - Artiva was founded in 2019 as a spin-out from GC Cell, holding exclusive rights to NK cell manufacturing technology outside of Asia, Australia, and New Zealand [5] Recent Appointments - Dr. David Moriarty has been appointed as SVP of Clinical Operations, bringing nearly 25 years of experience in clinical research related to cell therapy and autoimmune diseases [3][4] - Benjamin Dewees has joined as SVP of Regulatory Affairs, with over 25 years of experience in regulatory affairs across various therapeutic areas [9] - Feng Xu has been appointed as SVP of Biometrics, contributing over 20 years of clinical development experience, including successful global regulatory filings [9]