Welcome to our dedicated page for Altimmune news (Ticker: ALT), a resource for investors and traders seeking the latest updates and insights on Altimmune stock.
Altimmune Inc (ALT) is a clinical-stage biopharmaceutical company pioneering peptide-based therapeutics for obesity, metabolic disorders, and liver diseases. This page serves as the definitive source for verified news and press releases directly from the company and trusted financial publications.
Investors and researchers will find timely updates on clinical trial progress, including developments for pemvidutide, the company’s GLP-1/glucagon dual receptor agonist candidate. Track regulatory milestones, partnership announcements, and strategic initiatives that shape Altimmune’s research pipeline.
Our curated news feed includes earnings reports, scientific presentations, and manufacturing updates, providing a holistic view of the company’s trajectory. All content is rigorously vetted to ensure alignment with financial reporting standards and clinical accuracy.
Bookmark this page for efficient access to Altimmune’s latest material events. Check regularly for updates on pivotal studies in metabolic-associated steatohepatitis (MASH) and obesity therapeutics, ensuring you stay informed on developments impacting this innovative biopharma leader.
Altimmune (Nasdaq: ALT) announced that data from its Phase 2 MRI-based body composition sub-study of pemvidutide in overweight and obese subjects will be presented at the 60th Annual Meeting of the European Association for the Study of Diabetes in Madrid. Pemvidutide, a novel GLP-1/glucagon dual receptor agonist, is being developed for obesity and metabolic dysfunction-associated steatohepatitis (MASH) treatment.
The presentation, titled 'Pemvidutide preserves lean body mass during weight loss in patients with overweight and obesity,' will be given by Dr. Sarah Browne on September 10, 2024. Pemvidutide has shown promising results in clinical trials, demonstrating significant weight loss, reductions in triglycerides, LDL cholesterol, liver fat content, and blood pressure. The FDA has granted Fast Track designation for pemvidutide in MASH treatment.
Altimmune (Nasdaq: ALT) announced Q2 2024 financial results and provided a business update. Key highlights include:
- Presentations at major medical meetings supporting pemvidutide's differentiated profile in obesity and MASH
- Enrollment progressing in Phase 2b IMPACT trial of pemvidutide in MASH, with topline data expected in Q1 2025
- Cash position of $164.9 million as of June 30, 2024
- Data presented at ADA showing up to 15.6% weight loss at 48 weeks and class-leading lean mass preservation
- End-of-Phase 2 meeting with FDA expected in late Q3 2024
- Net loss of $24.6 million for Q2 2024, compared to $16.1 million in Q2 2023
Altimmune (Nasdaq: ALT), a clinical-stage biopharmaceutical company, has announced it will release its second quarter 2024 financial results on August 8, 2024. The company will also provide a business update during a conference call scheduled for 8:30 am E.T. on the same day. Investors can access the webcast live on Altimmune's Investor Relations website. Those wishing to join the call can register to receive dial-in numbers and a unique PIN. A replay of the call will be available on the Investor Relations website for up to three months after the event.
Altimmune (Nasdaq: ALT) has published data from a 12-week clinical trial of pemvidutide, a GLP-1/glucagon dual receptor agonist, in the Journal of Hepatology. The study focused on metabolic dysfunction-associated steatotic liver disease (MASLD). Key findings include:
- Up to 68.5% relative reduction in liver fat content (LFC)
- Up to 55.6% of subjects achieved LFC normalization
- Significant improvements in body weight and liver inflammation markers
- 94.4% of subjects achieved ≥30% relative reduction in LFC
- Well-tolerated with 2.9% adverse event discontinuations
Pemvidutide is currently in a Phase 2b IMPACT trial for metabolic dysfunction-associated steatohepatitis (MASH), with results expected in Q1 2025.
Altimmune (Nasdaq: ALT), a clinical-stage biopharmaceutical company, announced its participation in the Leerink Partners Therapeutics Forum on July 9 and 10, 2024, in Boston, MA. The company's management team will engage in one-on-one meetings with institutional investors. This forum will include panel discussions with leading physicians focusing on autoimmune and metabolic diseases. Altimmune aims to leverage these interactions to advance its strategic objectives and investor relations.
Altimmune (Nasdaq: ALT) announced the unexpected passing of their Chief Financial Officer, Richard Eisenstadt, on June 24, 2024. President and CEO Vipin K. Garg expressed deep sorrow on behalf of the company, highlighting Eisenstadt's leadership and personal qualities. While the search for his replacement is underway, the finance and accounting team will manage his responsibilities.
Altimmune presented data from its 48-week Phase 2 MOMENTUM trial of pemvidutide at the ADA’s 84th Scientific Sessions. The trial focused on pemvidutide, a GLP-1/glucagon dual receptor agonist for obesity treatment. Key findings show that 78.1% of weight loss was due to fat reduction, with only 21.9% from lean mass. The trial involved 391 subjects, achieving mean weight losses of 10.3%, 11.2%, 15.6%, and 2.2% for the 1.2 mg, 1.8 mg, 2.4 mg doses, and placebo, respectively. Additionally, pemvidutide improved serum lipids and blood pressure without notable cardiac events. These findings suggest that pemvidutide may offer a promising, long-term treatment for obesity.
Altimmune, a clinical-stage biopharmaceutical company, presented data on its GLP-1/glucagon dual receptor agonist candidate, pemvidutide, at the American Diabetes Association’s 84th Annual Scientific Sessions. Pemvidutide showed significant reductions in pro-inflammatory serum lipids, including total cholesterol, LDL-C, and triglycerides, by 28%, 26%, and 38% respectively. These lipid reductions were not linked to weight loss, implying a direct impact on lipid metabolism. The Phase 1 study involved 34 subjects receiving varying doses of pemvidutide or placebo for 12 weeks. Additionally, reductions in GlycA and GlycB, markers of systemic inflammation, and decreases in systolic and diastolic blood pressure were noted, suggesting a potential lowered cardiovascular disease risk.
Altimmune, a clinical-stage biopharmaceutical company listed on Nasdaq under the symbol ALT, will participate in the Piper Sandler 2nd Annual Virtual Obesity Investor Day on June 26, 2024. Company leaders, including CEO Vipin Garg, Ph.D., and Chief Scientific Officer Scott Roberts, Ph.D., will discuss insights from the American Diabetes Association's Scientific Sessions during a fireside chat at 9:30 a.m. EDT. The session will be webcast and accessible via the Events section of the Altimmune website.
Altimmune (Nasdaq: ALT), a clinical-stage biopharmaceutical company, will present data on their investigational drug, pemvidutide, at the American Diabetes Association’s (ADA) 84th Scientific Sessions from June 21-24, 2024, in Orlando, FL.
Pemvidutide, a GLP-1/glucagon dual receptor agonist, is being developed for obesity and NASH treatment. Two key presentations include:
- Dr. John J. Suschak discussing the effects of pemvidutide on cardioinflammatory lipids on June 22 at 4:45 PM EDT.
- Dr. Louis Aronne presenting 48-week Phase 2 trial data on June 23 at 1:45 PM EDT, also featured in ADA's Press Program.
Details will be available on Altimmune's website.
