STOCK TITAN

Alpine Immune Sciences, Inc. - ALPN STOCK NEWS

Welcome to our dedicated page for Alpine Immune Sciences news (Ticker: ALPN), a resource for investors and traders seeking the latest updates and insights on Alpine Immune Sciences stock.

Founded in 2015, Alpine Immune Sciences, Inc. (NASDAQ: ALPN) is a leading clinical-stage biotechnology company dedicated to developing innovative protein-based immunotherapies to treat autoimmune and inflammatory diseases. Alpine leverages its unique understanding of immunology, particularly recombinant protein-based immunotherapies, to modify the complexities of the immune synapse for the benefit of patients living with cancer, autoimmune disorders, and other diseases.

Alpine's standout product, povetacicept (ALPN-303), is a dual antagonist of the BAFF and APRIL cytokines. This product is currently in phase 2 development and has demonstrated potential best-in-class efficacy for treating IgA nephropathy (IgAN). IgAN is a serious, progressive kidney disease with no approved therapies that target its underlying cause. Povetacicept has exhibited promising results in reducing proteinuria, stabilizing renal function, and reducing key disease-related biomarkers.

Additionally, Alpine has a robust pipeline, including acazicolcept (ALPN-101), a first-in-class dual inhibitor targeting the CD28 and ICOS T-cell costimulatory pathways. This drug is being investigated for treating systemic lupus erythematosus (SLE) and other autoimmune diseases. Alpine's research and development capabilities are enhanced by strategic collaborations with leading global biopharmaceutical companies, propelling its efforts to create multifunctional immunotherapies that improve patients' lives.

The company has been highly productive in the past year, achieving significant milestones, such as the phase 2 study of acazicolcept in SLE, a pivotal phase 3 trial of povetacicept in IgAN planned for the second half of 2024, and successful financial activities supporting ongoing and future development projects.

Alpine Immune Sciences remains committed to innovation, with ongoing studies in various autoimmune diseases and strategic goals aligning with its mission to lead a new wave of immune therapeutics.

Rhea-AI Summary
Alpine Immune Sciences presents clinical data of povetacicept in autoimmune glomerulonephritis, showing significant reductions in proteinuria and disease biomarkers. The company plans to begin a phase 3 IgAN study in the second half of 2024. Povetacicept has been well tolerated with no severe side effects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
39.92%
Tags
-
Rhea-AI Summary
Alpine Immune Sciences, Inc. (NASDAQ: ALPN) will present new translational data for povetacicept and acazicolcept in systemic lupus erythematosus at the American College of Rheumatology Convergence 2023. The presentation will focus on the upregulation of both APRIL and BAFF in systemic lupus erythematosus and the non-redundant roles revealed by dual inhibition with povetacicept. The poster presentation for povetacicept will take place on November 14, 2023, and for acazicolcept on November 12, 2023, at the San Diego Convention Center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.16%
Tags
conferences
-
Rhea-AI Summary
Alpine Immune Sciences to present initial clinical data from RUBY-3 study at ASN Kidney Week
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.13%
Tags
conferences clinical trial
Rhea-AI Summary
Alpine Immune Sciences appoints Wolfgang Dummer as Chief Medical Officer, bringing over 20 years of drug development experience. Dummer will lead the development of the company's immunology pipeline, including povetacicept. He has been granted an option to purchase 200,000 shares of common stock. The option will vest over a 36-month period subject to his continued service to Alpine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
management
-
Rhea-AI Summary
Alpine Immune Sciences presents positive preclinical data on povetacicept for myasthenia gravis treatment at ANA Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
-
Rhea-AI Summary
Alpine Immune Sciences to participate in healthcare conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
conferences
Rhea-AI Summary
Alpine Immune Sciences to present new preclinical data on povetacicept at ANA Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
conferences clinical trial
-
Rhea-AI Summary
Alpine Immune Sciences successfully initiates second dose cohort in autoimmune glomerulonephritis study
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
-
Rhea-AI Summary
Alpine Immune Sciences appoints M. Christina Yi as Chief Technology Officer, with her expertise and leadership expected to be important for the company's pipeline development. Wayne Gombotz will retire in August. Ms. Yi has been granted an option to purchase 185,000 shares of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
management
Rhea-AI Summary
Alpine Immune Sciences, Inc. reported financial results for Q2 2023, with cash and investments totaling $239.6 million. The company initiated patient enrollment in the RUBY-4 study of povetacicept in autoimmune cytopenias and continues to enroll patients in the RUBY-3 study of povetacicept in autoimmune glomerulonephritis. Preliminary data from RUBY-3 will be presented at the American Society of Nephrology Meeting in November 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags

FAQ

What is the current stock price of Alpine Immune Sciences (ALPN)?

The current stock price of Alpine Immune Sciences (ALPN) is $64.97 as of May 17, 2024.

What is the market cap of Alpine Immune Sciences (ALPN)?

The market cap of Alpine Immune Sciences (ALPN) is approximately 4.5B.

What does Alpine Immune Sciences, Inc. specialize in?

Alpine Immune Sciences specializes in developing innovative protein-based immunotherapies for autoimmune and inflammatory diseases.

What is povetacicept (ALPN-303)?

Povetacicept (ALPN-303) is a dual antagonist of the BAFF and APRIL cytokines, showing potential best-in-class efficacy in treating IgA nephropathy (IgAN).

What are the core focus areas of Alpine Immune Sciences?

Alpine focuses on recombinant protein-based immunotherapies to treat cancer, autoimmune disorders, and other diseases.

What recent achievement has Alpine Immune Sciences accomplished?

Alpine recently presented promising phase 2 data for povetacicept in IgA nephropathy and planned a pivotal phase 3 trial for this drug in the second half of 2024.

What is acazicolcept (ALPN-101)?

Acazicolcept (ALPN-101) is a first-in-class dual inhibitor targeting the CD28 and ICOS T-cell costimulatory pathways, being developed for treating systemic lupus erythematosus (SLE) and other autoimmune diseases.

What collaborations has Alpine Immune Sciences engaged in?

Alpine has entered into strategic collaborations with leading global biopharmaceutical companies to enhance its research and development capabilities.

What is the ticker symbol for Alpine Immune Sciences?

Alpine Immune Sciences is traded on NASDAQ under the ticker symbol ALPN.

When was Alpine Immune Sciences founded?

Alpine Immune Sciences was founded in 2015.

What is the mission of Alpine Immune Sciences?

Alpine Immune Sciences aims to lead a new wave of immune therapeutics to improve patients' lives through unique protein engineering technologies.

Where can more information about Alpine Immune Sciences be found?

More information about Alpine Immune Sciences can be found on their website at www.alpineimmunesciences.com.

Alpine Immune Sciences, Inc.

Nasdaq:ALPN

ALPN Rankings

ALPN Stock Data

4.46B
62.73M
4.65%
99.47%
5.93%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
SEATTLE