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Anixa Biosciences, Inc. - ANIX STOCK NEWS

Welcome to our dedicated page for Anixa Biosciences news (Ticker: ANIX), a resource for investors and traders seeking the latest updates and insights on Anixa Biosciences stock.

Anixa Biosciences, Inc. (NASDAQ: ANIX) is a clinical-stage biotechnology company dedicated to the treatment and prevention of cancer. The company's core focus includes developing vaccines and therapies aimed at critical unmet needs in oncology. Anixa's innovative approach involves both diagnostics and therapeutics to detect and treat cancer at its most curable stages.

The company's therapeutic portfolio features a pioneering ovarian cancer immunotherapy program developed in collaboration with Moffitt Cancer Center. This program utilizes a novel CAR-T technology, known as chimeric endocrine receptor T-cell (CER-T), which targets the follicle-stimulating hormone receptor (FSHR) specifically expressed on ovarian cells. This technology represents a potential breakthrough in treating solid tumors, a challenge for traditional CAR-T therapies.

Anixa is also advancing a unique vaccine portfolio in collaboration with Cleveland Clinic, targeting the prevention of breast cancer, specifically triple-negative breast cancer (TNBC), the most aggressive form of the disease, as well as ovarian cancer. These vaccine technologies focus on immunizing against

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Anixa Biosciences (NASDAQ: ANIX) announced a significant breakthrough with its partner MolGenie GmbH in developing a new compound that shows greater potency than nirmatrelvir, the primary component of Pfizer's COVID-19 treatment, PAXLOVID. The compound targets the main protease (Mpro) of SARS-CoV-2, which is preserved across various virus variants. Anixa's compounds are undergoing further testing, including cellular assays and animal studies, with potential for improved oral therapies against COVID-19.

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Anixa Biosciences (NASDAQ: ANIX) is set to participate in two significant investor conferences: the LifeSci Partners 11th Annual Corporate Access Event on January 5-7, 2022, and the H.C. Wainwright BioConnect Conference from January 10-13, 2022. CEO Dr. Amit Kumar will address a panel on cancer vaccines on January 7 at 2:00 pm ET. Investors can request 1x1 meetings during both events. Anixa is focused on innovative cancer therapies and COVID-19 treatments, including a vaccine for triple negative breast cancer (TNBC).

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Anixa Biosciences (NASDAQ: ANIX) has partnered with MolGenie to analyze compounds aimed at treating COVID-19. Recent findings suggest these compounds could be effective against the Omicron and Delta variants of SARS-CoV-2. The focus is on developing inexpensive, orally-administered therapies that can inhibit the virus’s main protease (Mpro). The compounds have shown promising efficacy and potency in initial testing. Anixa continues to adapt its strategy in response to emerging COVID-19 variants to support global health efforts.

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Anixa Biosciences (NASDAQ: ANIX) has started dosing patients in a Phase 1 study of a vaccine aimed at preventing triple-negative breast cancer, a particularly aggressive cancer type. Conducted in partnership with Cleveland Clinic, the study is funded by the U.S. Department of Defense and will involve 18 to 24 patients at high risk for recurrence. Participants will receive three doses of the vaccine over six weeks. The study aims to assess the maximum tolerated dose and immune response, with completion expected by Q3 2022. The vaccine uses a unique approach targeting specific proteins associated with breast cancer.

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Anixa Biosciences (NASDAQ: ANIX) has received a patent from the China National Intellectual Property Administration (CNIPA) for its Chimeric Antigen Receptor-T cell (CAR-T) technology, known as Chimeric Endocrine Receptor T-cell (CER-T) therapy. This innovation targets the follicle stimulating hormone receptor and is aimed at treating ovarian cancer. The technology has also received a Notice of Allowance from the U.S. Patent and Trademark Office. Clinical trials are expected to commence by year-end, with potential applications for other solid tumors as well.

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Anixa Biosciences, Inc. (NASDAQ: ANIX) announced the U.S. Patent and Trademark Office granted a Notice of Allowance for its Chimeric Antigen Receptor-T cell (CAR-T) cancer treatment technology. The patent broadens protection for the company’s Chimeric Endocrine Receptor T-cell (CER-T) technology, specifically targeting ovarian cancer, with plans to start clinical trials before year-end. This technology, in collaboration with Moffitt Cancer Center and licensed from The Wistar Institute, holds potential for treating other solid tumors by exploiting unique hormone receptor biology.

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Anixa Biosciences (NASDAQ: ANIX) announced that Dr. José Conejo-Garcia will present on September 23, 2021, at the Emerging Immunotherapeutics for Ovarian Cancer Symposium. He will discuss the FSHR-mediated CAR-T technology for ovarian cancer, which recently received FDA authorization for Phase 1 clinical trials. This technology aims to improve treatment outcomes by targeting the follicle stimulating hormone receptor on ovarian granulosa cells. Anixa holds exclusive rights to this innovative therapy, highlighting its potential to shift the treatment paradigm in ovarian cancer.

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Anixa Biosciences, Inc. (NASDAQ: ANIX) will have its CEO, Dr. Amit Kumar, present at the virtual H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. Dr. Kumar will share insights on recent achievements, including FDA clearance for clinical trials of a CAR-T based ovarian cancer therapy and updates on breast cancer vaccine trials. Online one-on-one meetings will be available post-presentation. The event begins at 7:00 a.m. ET on September 13, 2021, with a webcast link provided for access.

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Anixa Biosciences, Inc. (NASDAQ: ANIX) announced the appointment of Dr. Pamela D. Garzone as Chief Development Officer on September 7, 2021. Dr. Garzone, who has over 25 years of experience in the pharmaceutical industry, will oversee the company's vaccine and therapeutic development programs. Her role is particularly significant as Anixa prepares to enter clinical trials for its preventative breast cancer vaccine and ovarian cancer CAR-T treatment. CEO Amit Kumar expressed confidence in Dr. Garzone's leadership during this pivotal transition from pre-clinical to clinical phases.

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Anixa Biosciences, Inc. (NASDAQ: ANIX) announced that its compounds may be more effective against the Delta variant of SARS-CoV-2 than the original strain. This follows a genomic variant analysis indicating stronger inhibition potential of the Mpro enzyme, crucial for viral replication. The need for affordable, stable, orally bioavailable COVID-19 treatments is emphasized due to vaccination limitations and variant efficacy concerns. The collaboration with MolGenie focuses on developing novel small molecule inhibitors, with ongoing synthesis of candidate compounds for pre-clinical testing.

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FAQ

What is the current stock price of Anixa Biosciences (ANIX)?

The current stock price of Anixa Biosciences (ANIX) is $2.69 as of December 20, 2024.

What is the market cap of Anixa Biosciences (ANIX)?

The market cap of Anixa Biosciences (ANIX) is approximately 84.9M.

What does Anixa Biosciences specialize in?

Anixa Biosciences specializes in developing vaccines and therapies aimed at the treatment and prevention of cancer, focusing on critical unmet needs in oncology.

What are the key components of Anixa's therapeutic portfolio?

Anixa's therapeutic portfolio includes an ovarian cancer immunotherapy program using CER-T technology and vaccine programs focused on preventing breast and ovarian cancers.

What recent achievements has Anixa Biosciences announced?

Recent achievements include receiving an 'Intention to Grant' notice from the European Patent Office for their ovarian cancer vaccine and presenting positive Phase 1 trial results for their breast cancer vaccine.

Who are some of Anixa Biosciences' key collaborators?

Key collaborators include Moffitt Cancer Center for immunotherapy programs and Cleveland Clinic for vaccine development.

How does Anixa's CER-T technology differ from traditional CAR-T therapies?

Anixa's CER-T technology targets the follicle-stimulating hormone receptor (FSHR), which is specifically expressed on ovarian cells, offering a novel approach to treating solid tumors, unlike traditional CAR-T therapies.

What is unique about Anixa's cancer vaccine technology?

Anixa's cancer vaccine technology is unique in that it targets 'retired' proteins found to be expressed in specific forms of cancer, providing preemptive immune protection against emerging tumors.

Which forms of cancer are Anixa's vaccines targeting?

Anixa's vaccines are currently targeting triple-negative breast cancer (TNBC), the most lethal form of breast cancer, and ovarian cancer.

What are some recent clinical trial results from Anixa?

Recent clinical trial results include positive Phase 1 trial data for their breast cancer vaccine, showing antigen-specific T cell responses and an increase in immune-mediated biomarkers.

Does Anixa Biosciences participate in industry conferences?

Yes, Anixa actively participates in industry conferences such as the 2024 NeauxCancer Conference and the World Vaccine Congress to present their latest developments and foster collaborations.

Where can I find more information about Anixa Biosciences?

More information about Anixa Biosciences can be found on their website at www.anixa.com or by following them on social media platforms like Twitter, LinkedIn, Facebook, and YouTube.

Anixa Biosciences, Inc.

Nasdaq:ANIX

ANIX Rankings

ANIX Stock Data

84.93M
29.88M
5.05%
17.46%
1.28%
Biotechnology
Pharmaceutical Preparations
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