STOCK TITAN

AN2 Therapeutics, Inc. - ANTX STOCK NEWS

Welcome to our dedicated page for AN2 Therapeutics news (Ticker: ANTX), a resource for investors and traders seeking the latest updates and insights on AN2 Therapeutics stock.

AN2 Therapeutics, Inc. (ANTX) is a clinical-stage biopharmaceutical company developing innovative treatments for serious infectious diseases. This news hub provides investors and stakeholders with timely updates on ANTX's progress in addressing conditions like non-tuberculous mycobacterial (NTM) lung disease through its investigational therapies.

Access authoritative information on clinical trial milestones, regulatory developments, and strategic partnerships. Our curated collection features official press releases and verified news about ANTX's drug pipeline, research advancements, and corporate announcements.

Key updates include progress on ANTX's lead oral therapeutic candidate, financial reporting disclosures, and collaborations advancing infectious disease treatment. Bookmark this page to stay informed about critical developments in ANTX's mission to transform patient outcomes through targeted biomedical innovation.

Rhea-AI Summary

AN2 Therapeutics (Nasdaq: ANTX) reported Q2 2024 financial results and recent business updates. Key points include:

  • Cash position: $104.5 million as of June 30, 2024, expected to fund operations through 2027
  • Termination of epetraborole Phase 2/3 study in TR-MAC lung disease due to similar sputum culture conversion rates between treatment arms
  • Pipeline advancement: Two development programs expected to enter clinical trials in 2025
  • Q2 2024 financials: R&D expenses $12.1 million, G&A expenses $3.7 million, net loss $14.4 million

Despite setbacks in the MAC lung disease study, AN2 remains focused on advancing its boron chemistry platform in infectious diseases and oncology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
Tags
-
Rhea-AI Summary

AN2 Therapeutics (Nasdaq: ANTX) announced that the EBO-301 Phase 2/3 study evaluating epetraborole for treatment-refractory Mycobacterium avium Complex (MAC) lung disease will be discontinued. The Phase 2 part met its primary objective of demonstrating a higher patient-reported outcome (PRO)-based clinical response rate (39.5% vs. placebo 25.0%; p=0.19), but sputum culture conversion at Month 6 was similar between treatment arms (13.2% vs. 10.0%; p=0.64). No significant safety concerns were noted.

The company will shift focus to its boron chemistry platform and other pipeline programs, including Chagas disease and melioidosis. Restructuring and cost savings are expected to extend the cash runway through 2027. Further evaluation of the EBO-301 study results will inform future development of epetraborole for NTM lung disease.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-60.98%
Tags
-
Rhea-AI Summary

AN2 Therapeutics (Nasdaq: ANTX) released its Q1 2024 financial results and recent business updates. The company is focusing on the Phase 2/3 trial of epetraborole for treatment-refractory Mycobacterium avium Complex (TR-MAC). Phase 2 topline results are expected in August 2024. Phase 3 enrollment is paused due to lower than expected efficacy, not safety issues. R&D expenses rose to $14.7M from $12.0M YoY, while G&A expenses decreased to $3.6M from $4.1M. The net loss increased to $16.6M from $15.3M YoY. Cash reserves stood at $118.1M as of March 31, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
Rhea-AI Summary
AN2 Therapeutics, Inc. (ANTX) reports financial results for Q4 and year-end 2023, with a cash position of $134.5 million. Phase 2/3 trial (EBO-301) for TR-MAC ongoing, with Phase 2 topline results expected in summer 2024. Phase 3 enrollment paused for data analysis. Positive momentum in boron chemistry pipeline with licensing agreement for Chagas disease therapy and grant from Bill & Melinda Gates Foundation for TB and malaria treatment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.69%
Tags
-
Rhea-AI Summary
AN2 Therapeutics, Inc. (ANTX) voluntarily pauses Phase 3 enrollment in the seamless Phase 2/3 clinical trial for epetraborole in treating MAC lung disease due to potentially lower efficacy than expected. The decision allows for further data review and recommendations from the independent Data Safety Monitoring Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-74.5%
Tags
-
Rhea-AI Summary
AN2 Therapeutics, Inc. (ANTX) will present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference. Eric Easom, Co-Founder, President and CEO, will provide a corporate overview on February 14, 2024. The webcast can be accessed on the Investors section of the AN2 Therapeutics website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
conferences
Rhea-AI Summary
ANTX: AN2 Therapeutics reports enrollment in Phase 3 of pivotal Phase 2/3 epetraborole study for MAC lung disease, presents new data at IDWeek 2023, and secures $150.2 million cash runway through summer 2025
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.08%
Tags
-
Rhea-AI Summary
AN2 Therapeutics, Inc. (Nasdaq: ANTX) will participate in two upcoming investor conferences in November. Eric Easom, Co-Founder, President and CEO, will provide a corporate overview at the Stifel 2023 Healthcare Conference on November 15 at 3:00 p.m. ET and at the 6th Annual Evercore ISI HealthCONx Conference on November 29 at 8:45 a.m. ET. The presentations can be accessed on the AN2 Therapeutics website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
Tags
conferences
-
Rhea-AI Summary
AN2 Therapeutics receives exclusive license to advance development of boron-based small molecule for Chagas disease
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
Rhea-AI Summary
AN2 Therapeutics announces enrollment ongoing in Phase 3 trial of Epetraborole for treatment-refractory Mycobacterium avium complex (MAC) lung disease
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
conferences
AN2 Therapeutics, Inc.

Nasdaq:ANTX

ANTX Rankings

ANTX Stock Data

37.92M
23.10M
22.5%
46.31%
0.38%
Biotechnology
Pharmaceutical Preparations
Link
United States
MENLO PARK