Welcome to our dedicated page for Alpine Immune Sc news (Ticker: ALPN), a resource for investors and traders seeking the latest updates and insights on Alpine Immune Sc stock.
Alpine Immune Sciences (ALPN) is a clinical-stage biopharmaceutical company pioneering novel immunotherapies targeting cancer, autoimmune diseases, and inflammatory conditions. This page provides investors and researchers with timely updates on ALPN's scientific advancements, strategic partnerships, and clinical milestones.
Access verified press releases and news articles covering key developments, including clinical trial progress, regulatory updates, and collaborative research initiatives. Our curated collection ensures transparent access to essential information for evaluating ALPN's position in the immunotherapy landscape.
Explore updates on ALPN's recombinant protein-based therapies and immune synapse modulation approaches. Content spans preclinical breakthroughs, Phase 1-3 trial results, licensing agreements, and financial disclosures – all critical for understanding the company's trajectory.
Bookmark this page for streamlined tracking of ALPN's progress in developing targeted treatments for complex disorders. Regular updates provide insights into the company's scientific rigor and its potential to address unmet medical challenges through immunological innovation.
Frazier Life Sciences (FLS) has appointed Mitchell H. Gold, M.D., and Stanford L. Peng, M.D., Ph.D., as Venture Partners. Dr. Gold, previously Co-Founder, CEO, and Executive Chairman of Alpine Immune Sciences (ALPN), led the company from inception to its recent $4.9 billion acquisition by Vertex Pharmaceuticals in May 2024. He also founded Alpine Biosciences, which was sold to Cascadian Therapeutics in 2014.
Dr. Peng joins FLS from his role as President and Head of Research and Development at Alpine Immune Sciences, where he led the development of multiple drug candidates, including povetacicept. His experience includes leadership positions at Seagen, Roche, and Stemcentrx. Both appointments aim to strengthen FLS's capabilities in identifying and developing breakthrough biopharmaceutical companies.
Alpine Immune Sciences reported its financial results for the first quarter of 2024, with a cash position of $362.4 million. Vertex Pharmaceuticals will acquire Alpine for $65 per share, expected to close in Q2 2024. Collaboration revenue decreased to $7.0 million, with an increase in research and development expenses to $22.5 million. Net loss for Q1 2024 was $17.9 million.
