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Senti Bio to Present at BioJapan
Globenewswire· 2025-10-06 13:05
Core Insights - Senti Biosciences, Inc. will present at BioJapan on October 9, 2025, showcasing its innovative Gene Circuit platform for cell and gene therapies [1] - The presentation will be led by CEO Timothy Lu, and the company will also engage in one-on-one meetings with investors during the conference [1] - BioJapan is recognized as Asia's leading bio-industry partnering event, promoting collaboration and innovation in biotechnology [3] Company Overview - Senti Bio focuses on developing next-generation cell and gene therapies aimed at treating incurable diseases through its proprietary synthetic biology platform [4] - The company's Gene Circuits are engineered to selectively target and kill cancer cells while sparing healthy cells, enhancing treatment specificity and control [4] - Senti Bio's pipeline includes therapies targeting both liquid and solid tumors, with preclinical evidence supporting the efficacy of its Gene Circuits in NK and T cells [4]
Leap Therapeutics Announces $58.88 Million Private Placement in Cash Commitments Led by Winklevoss Capital to Initiate a Digital Asset Treasury Strategy
Prnewswire· 2025-10-06 13:00
Core Insights - Leap Therapeutics announced a private investment in public equity (PIPE) offering amounting to $58,888,888, led by Winklevoss Capital, to initiate a digital asset treasury strategy [1][2] - The offering includes the purchase of 95,849,353 shares of common stock and warrants for an additional 71,887,008 shares at an exercise price of $0.5335 per share [1][2] - The company plans to utilize part of the capital for the development of its therapeutic programs, including FL-501 and sirexatamab, which recently completed a Phase 2 trial for colorectal cancer [2] Financial Details - The aggregate exercise price per Unit in the PIPE offering is set at $0.61439 [1] - The closing of the private placement is expected around October 8, 2025, pending customary closing conditions [3] Strategic Developments - Winklevoss Capital will provide both capital and strategic support, and will have the right to nominate two members to Leap's Board of Directors, including a chairperson [2][3] - Leap has selected Parcrest as the placement agent, with Morgan, Lewis & Bockius LLP and Cooley LLP serving as legal advisors [4] Regulatory Compliance - The securities are being offered in a private placement under exemptions from the registration requirements of the Securities Act of 1933 [5] - A registration rights agreement has been established to allow for the resale of the purchased shares [5]
MLTX SHAREHOLDER NOTICE: MoonLake Immunotherapeutics Investigated for Securities Fraud after 90% Stock Drop – Contact BFA Law
Globenewswire· 2025-10-06 12:36
Core Viewpoint - MoonLake Immunotherapeutics is under investigation for potential violations of federal securities laws following disappointing results from its Phase 3 VELA trials for sonelokimab, leading to a significant drop in stock price [1][3]. Company Overview - MoonLake Immunotherapeutics is a clinical stage biotechnology company focused on therapies for inflammatory skin and joint diseases [2]. Trial Results - On September 29, 2025, MoonLake reported week 16 results from the VELA Phase 3 trials, which were disappointing and raised concerns about the drug's regulatory approval and commercial viability [3]. - The stock price plummeted by $55.75 per share, nearly 90%, from $61.99 on September 28, 2025, to $6.24 on September 29, 2025, following the announcement [3]. Legal Implications - Investors in MoonLake are encouraged to seek additional information regarding potential legal options due to the investigation [1][4]. - Bleichmar Fonti & Auld LLP, a leading law firm in securities class actions, is representing affected shareholders on a contingency fee basis [6].
Dyadic Applied BioSolutions Announces Milestone Achievements and Recent Company Developments
Globenewswire· 2025-10-06 12:30
Core Insights - Dyadic International, Inc. has achieved significant milestone payments in collaborations with Proliant Health & Biologicals and Inzymes ApS, indicating progress in its business transformation and commercial initiatives [1][2] Group 1: Company Developments - Dyadic is transitioning to a commercially focused, revenue-driven company, with substantial progress noted in Q3 2025 across its portfolio [2] - The company is committed to capitalizing on near-term commercialization opportunities, supported by a stronger balance sheet and an expanding pipeline of products [2] Group 2: Life Sciences - Dyadic reached a $500,000 milestone in its partnership with Proliant for Recombinant Human Albumin, with commercialization expected to advance in late 2025 to early 2026 [7] - The company is expanding sampling efforts for Recombinant Transferrin in research, diagnostics, and cultured meat markets, with initial production underway [7] - Dyadic's Recombinant DNase I has met performance benchmarks, validating its utility in molecular biology and diagnostics, with production at research grade ongoing [7] Group 3: Food & Nutrition - A term sheet has been signed for the development of non-animal human alpha-lactalbumin for the infant nutrition market, with initial sampling in progress [7] - Dyadic received a $250,000 milestone payment from Inzymes for non-animal dairy enzymes, with the first enzyme's scale-up on track for a late 2025 launch [7]
Silo Pharma Acquires ResearchCoin (RSC) Crypto Tokens in Support of Decentralized Science (DeSci)
Globenewswire· 2025-10-06 12:10
Company Overview - Silo Pharma, Inc. is a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company focused on addressing underserved conditions such as stress-induced psychiatric disorders, chronic pain, and central nervous system diseases [4] - The company's portfolio includes innovative programs targeting PTSD, fibromyalgia, chronic pain, Alzheimer's disease, and multiple sclerosis, developed in collaboration with leading universities and laboratories [4] Investment in DeSci - Silo Pharma has made an initial purchase of ResearchCoin (RSC), the native token of ResearchHub, as part of its strategy to expand its digital assets treasury and capture long-term value from emerging multi-chain opportunities [1][2] - The investment in RSC aligns with the growing decentralized science (DeSci) movement, which emphasizes the use of blockchain technologies and token-based economics to modernize scientific research and collaboration [2] DeSci Movement - DeSci represents a transformative growth opportunity in the scientific research sector, with the potential to unlock a trillion-dollar global research economy currently tied up in grants, universities, and pharmaceutical pipelines [3] - By tokenizing research funding and intellectual property, DeSci can create profit opportunities years before traditional biotech exits, allowing investors to capture upside earlier and access new growth avenues in the biotech sector [3]
NKGen Biotech to Present on the Use of Troculeucel for Neurodegenerative Diseases at the XXVII World Congress of Neurology
Globenewswire· 2025-10-06 12:05
Core Points - NKGen Biotech, a clinical-stage biotechnology company, is focused on developing innovative NK cell therapeutics and will present at the XXVII World Congress of Neurology in Seoul, South Korea from October 12-15, 2025 [1][2] - The presentation will highlight the scientific rationale and clinical findings for troculeucel, an investigational autologous NK cell therapy aimed at treating Alzheimer's disease, demonstrating the company's commitment to advancing neurological care [2][3] Company Overview - NKGen Biotech is headquartered in Santa Ana, California, and specializes in the development and commercialization of autologous and allogeneic NK cell therapeutics [5] - Troculeucel, the company's novel cell-based immunotherapeutic drug candidate, is designed for treating neurodegenerative disorders and various cancers, with its International Nonproprietary Name (INN) assigned as SNK01 by the WHO [4] Presentation Details - The presentation titled "Expanded Non-genetically Modified Natural Killer Cells (Troculeucel) with Enhanced Cytotoxicity in Moderate/Advanced Alzheimer's Disease" will be delivered by Paul Y. Song, M.D. on October 15, 2025, at 11:50 AM KST [3] - The session will focus on ataxia, cerebellar disorders, and dementia, and a copy of the presentation will be available on the company's website post-event [3]
MaxCyte Announces Strategic Platform License Agreement with Moonlight Bio to Advance T Cell Therapies for Solid Tumors
Globenewswire· 2025-10-06 12:05
Core Insights - MaxCyte has signed a Strategic Platform License agreement with Moonlight Bio to utilize its Flow Electroporation technology and ExPERT™ platform for T cell therapy development [1][2][3] - The partnership aims to enhance the scalability and efficiency of Moonlight Bio's gene-edited T cell therapies, particularly targeting solid tumors [2][3][5] Company Overview - MaxCyte is a leading cell-engineering company focused on advancing cell-based therapeutics through its Flow Electroporation technology and SeQure™ gene editing services [4] - The company has over 25 years of experience in cell engineering and aims to empower researchers globally to develop safe and effective treatments [4] Moonlight Bio's Objectives - Moonlight Bio is a preclinical-stage biotechnology company dedicated to developing enhanced T cell therapies for cancer patients, particularly for solid tumors [5] - The company seeks to overcome the limitations of current therapies that fail to provide durable responses in solid tumor treatments [5]
Humacyte Announces Publication of Long-Term Results for Ukrainian Patients Treated in Real-World Combat Setting with Symvess™
Globenewswire· 2025-10-06 12:00
Core Insights - Humacyte, Inc. announced positive long-term results from its humanitarian program using Symvess to treat wartime vascular trauma injuries in Ukraine, with zero infections, amputations, or deaths reported in patients followed for up to 18 months [2][4][5] Company Overview - Humacyte is a biotechnology platform company focused on developing universally implantable, bioengineered human tissues at commercial scale [2][14] - The company aims to improve patient outcomes and reduce complications through innovative medical solutions [5][14] Product Details - Symvess is an acellular tissue engineered vessel indicated for use in adults with extremity arterial injury when urgent revascularization is needed and autologous vein graft is not feasible [6][14] - The product is designed to be immediately available off-the-shelf, which is critical in wartime situations [3][4] Clinical Results - In a study involving 17 patients with combat-related extremity vascular trauma, Symvess demonstrated a 30-day primary and secondary patency rate of 93.8% and a long-term patency rate of 87.1% [4] - At the 30-day follow-up, there were zero deaths, amputations, or infections, and these outcomes were sustained over the 18-month follow-up period [4][5] Expert Commentary - Dr. Oleksandr Sokolov emphasized the importance of biologic conduits like Symvess in advancing vascular trauma care, particularly in the context of modern warfare [3] - Dr. Laura Niklason highlighted the sustained benefits of Symvess for patients with severe combat injuries, reinforcing the product's potential in improving surgical outcomes [5] Regulatory Status - Humacyte's Biologics License Application for Symvess in the vascular trauma indication was approved by the FDA in December 2024 [14] - The product has received various designations, including Regenerative Medicine Advanced Therapy (RMAT) and Fast Track designations for other vascular applications [15]
Scinai Awarded Israel Innovation Authority Grant to Expand Fill-and-Finish CDMO Capabilities
Prnewswire· 2025-10-06 11:30
Core Insights - Scinai Bioservices has received a non-dilutive grant of approximately NIS 809,000 (about $246,000) from the Israel Innovation Authority to fund 66% of a NIS 1.23 million ($373,000) project aimed at enhancing its fill-and-finish capabilities, addressing a significant gap for early-stage biotech companies [1][2][5] Group 1: Company Developments - The grant will enable Scinai to acquire and install an advanced fill-and-finish system for sterile manufacturing, which is crucial for local biotech firms that currently face high costs and long lead times when outsourcing overseas [1][4] - Scinai's CDMO operations, initiated in 2023, have already provided high-quality manufacturing support to various biotech companies, emphasizing close collaboration and rapid project initiation [4][6] - The planned expansion supported by the grant will enhance Scinai's ability to deliver agile, small-batch, end-to-end CDMO services compliant with EMA and FDA cGMP standards [4][5] Group 2: Industry Context - Israel's biopharma sector, comprising over 300 companies, is underserved by full-service CDMOs, a challenge that is also prevalent globally among early-stage biotech innovators [3] - Scinai aims to fill this gap by offering flexible CDMO solutions that support drug development from early clone selection through to GMP drug substance and product manufacturing [3][6] - The company focuses on providing personalized, agile, and cost-effective solutions to early-stage biotech clients in Israel, the U.S., and Europe, which is often not prioritized by larger CDMOs [6] Group 3: Future Plans - The installation and qualification of the new filling system are expected to be completed by Q1 2026, with commercial operations planned for Q2 2026 [7] - Scinai's R&D unit is also advancing novel biological drug candidates for inflammatory and immunological diseases, indicating a dual focus on both manufacturing and drug development [8][9]
Exicure Highlights Recent Achievements and Near-term Strategic Priorities
Globenewswire· 2025-10-06 11:00
Core Insights - Exicure, Inc. is advancing its lead program, burixafor (GPC-100), with a Phase 2 trial in multiple myeloma nearing key clinical readout and plans for expansion into sickle cell disease and acute myeloid leukemia [1][2] Phase 2 Trial in Multiple Myeloma - The ongoing Phase 2 study (NCT05561751) is a randomized, open-label, multicenter trial evaluating burixafor as a CXCR4 antagonist in autologous stem cell transplant for multiple myeloma [2][3] - Interim results show 100% of patients (10/10) achieved the primary endpoint of successful CD34+ stem cell mobilization, including those previously treated with daratumumab [3] - Burixafor demonstrates faster mobilization kinetics and a well-tolerated safety profile, allowing same-day administration of the mobilizing agent and leukapheresis, unlike FDA-approved agents requiring overnight pre-treatment [3] Upcoming Milestones - The final patient completed their last study visit in August, and the clinical database is locked, with topline data expected in Q4 2025 [4] - A full data publication from the ongoing Phase 2 trial is anticipated in 2026, alongside a publication from a previous Phase 2 study currently under peer review [5] Expansion into New Indications - Exicure is preparing to expand burixafor into sickle cell disease and acute myeloid leukemia (AML) [6][11] - Discussions are ongoing with key clinicians for an investigator-sponsored trial in sickle cell disease to improve stem cell mobilization during gene editing and autologous transplant [7] - A Phase 1 chemosensitization study in AML is planned, leveraging burixafor's ability to mobilize tumor cells from bone marrow niches to enhance chemotherapy efficacy [7] Leadership Appointments - New leadership appointments include Josephine (Pina) Cardarelli, Ph.D. as President and Chief Scientific Officer, bringing extensive drug development experience [7][8] - Niña Caculitan, Ph.D. has been appointed Head of Clinical, overseeing various clinical development activities [9] - Devki Sukhtankar, Ph.D. joins as Head of Preclinical Research and Translational Medicine, focusing on integrating clinical data and advancing the pipeline [10]