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AnaptysBio, Inc. (Nasdaq: ANAB) is a clinical-stage biotechnology company dedicated to developing innovative immunology therapeutics to address unmet medical needs. Founded in 2005, AnaptysBio leverages its proprietary SHM-XEL platform to generate high-affinity therapeutic antibodies by harnessing the natural process of somatic hypermutation (SHM) under controlled conditions. The SHM-XEL platform mimics key features of the human immune system and overcomes the limitations of prior antibody technologies.
Headquartered in San Diego, AnaptysBio is focused on creating a robust pipeline of novel therapeutic antibody candidates targeting autoimmune, inflammatory, and oncology indications. The company boasts a portfolio that includes clinical-stage immune cell modulators such as rosnilimab (PD-1 agonist) and ANB032 (BTLA agonist), both in Phase 2 trials for rheumatoid arthritis (RA), ulcerative colitis (UC), and atopic dermatitis (AD).
AnaptysBio has shown significant progress in its clinical programs. Notably, the company reported positive top-line results from its global Phase 3 GEMINI-1 and GEMINI-2 trials evaluating imsidolimab (IL-36R mAb) for generalized pustular psoriasis (GPP). The results demonstrated rapid clearance of GPP symptoms with a single intravenous dose followed by effective maintenance with monthly subcutaneous doses.
Financially, AnaptysBio is on solid ground, reiterating a cash runway through year-end 2026 with expected year-end 2023 cash and investments of $400 to $410 million. The company's strategic collaborations, including its partnership with GSK for Jemperli (dostarlimab-gxly), provide additional financial support and validation of their therapeutic candidates' commercial potential.
Recently, AnaptysBio announced an exclusive license agreement with Centessa Pharmaceuticals for a BDCA2 modulator portfolio, including ANB101, further expanding its pipeline. The company plans to submit investigational new drug (IND) applications for ANB033 (anti-CD122 antagonist) and ANB101 in 2024.
With a commitment to patient-centric innovation and a strategic approach to partnerships and financial management, AnaptysBio continues to advance its mission of delivering transformative therapies to improve patients' lives globally.
Anaptys (NASDAQ: ANAB) reported Q2 2024 financial results and provided a business update. Key highlights include:
1. Completed enrollment for Phase 2b trial of ANB032 in atopic dermatitis, with top-line data expected in December 2024.
2. Accelerated top-line data for Phase 2b trial of rosnilimab in rheumatoid arthritis to Q1 2025.
3. FDA accepted IND for ANB033, with Phase 1 trial initiation anticipated in Q4 2024.
4. Cash and investments of $393.5 million as of June 30, 2024.
5. Q2 2024 net loss of $46.7 million, or $1.71 per share.
The company remains on track to have four immune cell modulators in clinical development by year-end.
AnaptysBio, Inc. (Nasdaq: ANAB) reported financial results for Q1 2024, highlighting progress in Phase 2 trials for ANB032 and rosnilimab, with top-line data expected late 2024 and mid 2025, respectively. IND submissions for ANB033 and ANB101 planned for 2024. Positive Phase 3 trial results for imsidolimab. $50 million revenue from royalty monetization. Cash, cash equivalents, and investments at $370.1 million as of March 31, 2024, with a cash runway through 2026. Collaboration revenue increased to $7.2 million. Research and development expenses up, net loss of $43.9 million.
AnaptysBio, Inc. announces positive top-line results from GEMINI-1 and GEMINI-2 Phase 3 trials for imsidolimab in treating generalized pustular psoriasis (GPP). Patients showed significant improvements in skin clearance with minimal flares. The company plans to out-license imsidolimab in 2024 after demonstrating favorable safety and tolerability profiles.
AnaptysBio, a biotech company, is set to receive $50 million upfront cash payment from Sagard Healthcare as part of an amended agreement. The agreement involves additional royalties for Anaptys Jemperli, with Sagard potentially paying either $600 million by March 31, 2031, or $675 million thereafter. The funds will be used for the development of immune cell modulators in autoimmune and inflammatory diseases, strengthening Anaptys' balance sheet and supporting clinical programs.
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