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Arbutus Biopharma Corporation - ABUS STOCK NEWS

Welcome to our dedicated page for Arbutus Biopharma Corporation news (Ticker: ABUS), a resource for investors and traders seeking the latest updates and insights on Arbutus Biopharma Corporation stock.

Arbutus Biopharma Corporation (Nasdaq: ABUS) is a clinical-stage biopharmaceutical company dedicated to discovering, developing, and commercializing a cure for patients suffering from chronic hepatitis B infection (cHBV). Utilizing its extensive expertise in virology, Arbutus focuses on developing a portfolio of drug candidates with multiple mechanisms of action aimed at curing Hepatitis B virus (HBV) disease. The company's lead RNA interference (RNAi) therapeutic, imdusiran (AB-729), targets HBV proteins to reduce viral antigens and reawaken the host's immune response. Imdusiran is currently undergoing multiple Phase 2a clinical trials, demonstrating promising results in reducing hepatitis B surface antigen (HBsAg) levels and achieving functional cures in a subset of patients.

Arbutus leverages its proprietary lipid nanoparticle (LNP) technology and expertise in RNAi therapeutics to develop innovative treatments. Beyond HBV, the company has a robust pipeline that includes AB-101, an oral PD-L1 inhibitor, currently in Phase 1a/1b trials. This compound aims to enable controlled checkpoint blockade while minimizing systemic safety issues.

Recent clinical data highlight the potential of Arbutus' combination therapies. In the IM-PROVE I trial, imdusiran combined with pegylated interferon alfa-2a (IFN) and nucleos(t)ide analogue (NA) therapy demonstrated sustained HBsAg loss in some patients, suggesting a path toward a functional cure. Another study, IM-PROVE II, showed that combining imdusiran with VTP-300, an immunotherapeutic, resulted in meaningful reductions in HBsAg levels and the discontinuation of NA therapy in a significant number of patients.

Financially, Arbutus maintains a strong position with a cash runway extending into the first quarter of 2026. They are actively involved in ongoing patent litigation to protect their LNP technology, seeking fair compensation for its use in mRNA COVID-19 vaccines by Moderna and Pfizer/BioNTech.

Arbutus continues to engage in strategic collaborations and partnerships to advance its mission of curing HBV and other chronic infectious diseases. For more detailed information, visit www.arbutusbio.com.

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Arbutus Biopharma to participate in fireside chat at Jefferies Healthcare Conference
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Arbutus Biopharma (Nasdaq: ABUS) announced exciting clinical data at the Global Hepatitis Summit 2023 regarding their HBV treatments AB-729 and AB-161. Seven out of nine patients with chronic hepatitis B (cHBV) who were treated with AB-729 maintained low HBV DNA and HBsAg levels for over 1.5 years without needing nucleos(t)ide analogue therapy. The treatment showed no adverse effects during follow-up. Additionally, AB-161 demonstrated strong anti-HBV activity in preclinical models, effectively reducing HBV RNA and HBsAg. Both AB-729 and AB-161 are positioned as pivotal components in developing a potential functional cure for cHBV. Ongoing Phase 2a clinical trials for AB-729 are set to report preliminary data this year.

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Arbutus Biopharma Corporation (Nasdaq: ABUS) announced a verbal notification from the U.S. FDA that its Investigational New Drug (IND) application for AB-101, an oral PD-L1 inhibitor aimed at treating chronic hepatitis B virus (HBV) infection, has been placed on clinical hold. An official Clinical Hold letter is expected within 30 days, and as a result, Arbutus will not report initial data from the Phase 1 clinical trial in late 2023. AB-101 is designed to enhance the immune response in chronic HBV patients and could potentially lead to a functional cure when combined with other therapies. However, the company acknowledges the hold may impact the timing and future development of AB-101, adding uncertainty to its ongoing clinical programs.

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Arbutus Biopharma Corporation (Nasdaq: ABUS) has announced its schedule for the first quarter 2023 financial results and corporate update, set for May 4, 2023. The press release will be available at 7:30 a.m. ET, followed by a conference call/webcast at 8:45 a.m. ET. Arbutus specializes in developing innovative therapeutics for viral diseases, focusing on Hepatitis B, SARS-CoV-2, and other coronaviruses. The company is advancing its lead compound, AB-729, which is currently being tested in phase 2 clinical trials, and is also pursuing oral agents for coronaviruses. An archived webcast will be accessible on the company’s website after the event.

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Arbutus Biopharma Corporation (Nasdaq: ABUS) announced two oral presentations at the Global Hepatitis Summit 2023 in Paris, scheduled for April 27, 2023. The presentations will cover significant findings related to the company's HBV research.

The first presentation focuses on AB-729, showcasing results from 48 weeks of therapy leading to substantial declines in HBsAg levels among patients. Follow-up data indicates sustained low HBV DNA levels even after therapy cessation.

The second presentation highlights AB-161, an oral HBV inhibitor displaying strong antiviral activity in preclinical studies. Both compounds aim to contribute toward a functional cure for chronic hepatitis B.

Additionally, Arbutus is in multiple Phase 2a trials for AB-729, emphasizing the need for innovative treatments targeting HBV, which affects over 290 million people globally.

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Arbutus Biopharma Corporation (Nasdaq: ABUS) and Genevant Sciences filed a lawsuit against Pfizer (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) in the U.S. District Court for New Jersey, claiming patent infringement related to COVID-19 mRNA-LNP vaccines. The lawsuit seeks damages for the unlicensed use of patented lipid nanoparticle (LNP) delivery technologies that are crucial for mRNA vaccine efficacy. Arbutus asserts that the rapid development of Pfizer-BioNTech's vaccines depended on their patented technologies, which are vital for delivering mRNA safely and effectively. Arbutus intends to protect its intellectual property vigorously.

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FAQ

What is the current stock price of Arbutus Biopharma Corporation (ABUS)?

The current stock price of Arbutus Biopharma Corporation (ABUS) is $3.21 as of December 20, 2024.

What is the market cap of Arbutus Biopharma Corporation (ABUS)?

The market cap of Arbutus Biopharma Corporation (ABUS) is approximately 610.2M.

What is Arbutus Biopharma's primary focus?

Arbutus Biopharma focuses on discovering, developing, and commercializing therapeutics to cure patients suffering from chronic hepatitis B virus (cHBV) infection.

What is imdusiran (AB-729)?

Imdusiran (AB-729) is an RNA interference (RNAi) therapeutic designed to target and reduce HBV proteins, aiding in the reduction of hepatitis B surface antigen and enabling the host's immune system to respond to the virus.

What are the key recent achievements of Arbutus Biopharma?

Recent achievements include promising clinical trial results for imdusiran, showing sustained HBsAg loss and potential functional cure in some patients, as well as ongoing patent litigation to protect their LNP technology used in mRNA COVID-19 vaccines.

What is the status of Arbutus' financial condition?

Arbutus maintains a strong financial position with cash, cash equivalents, and investments providing a cash runway into the first quarter of 2026.

What technologies does Arbutus leverage for its treatments?

Arbutus leverages RNA interference (RNAi) therapeutics and lipid nanoparticle (LNP) technology in developing innovative treatments for HBV and other diseases.

What are the current projects Arbutus Biopharma is working on?

Arbutus is conducting multiple Phase 2a clinical trials for imdusiran in combination with other therapeutics and is evaluating AB-101, an oral PD-L1 inhibitor, in a Phase 1a/1b trial.

Has Arbutus formed any strategic partnerships?

Yes, Arbutus has formed strategic collaborations and partnerships to advance its therapeutic goals and continues to explore new opportunities to enhance its pipeline and clinical programs.

What is the significance of Arbutus' patent litigation?

Arbutus is involved in ongoing lawsuits against Moderna and Pfizer/BioNTech to seek fair compensation for the use of its patented LNP technology in COVID-19 vaccines.

How successful have Arbutus' clinical trials been?

Arbutus' clinical trials have shown promising results, with imdusiran demonstrating significant reductions in HBsAg levels and potential functional cures in some chronic hepatitis B patients.

Where can more information about Arbutus Biopharma be found?

More information about Arbutus Biopharma can be found on their official website at www.arbutusbio.com.

Arbutus Biopharma Corporation

Nasdaq:ABUS

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610.16M
147.20M
22.22%
53.86%
3.2%
Biotechnology
Pharmaceutical Preparations
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