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Aptose Biosciences, Inc. - APTO STOCK NEWS

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

Aptose Biosciences, Inc. (NASDAQ: APTO, TSX: APS) is a clinical-stage biotechnology company dedicated to developing precision medicines for the treatment of life-threatening cancers. This science-driven organization is focused on advancing first-in-class agents targeting acute myeloid leukemia (AML), high-risk myelodysplastic syndromes (MDS), and other hematologic malignancies. Based on a deep understanding of the genetic and epigenetic profiles of specific cancers and patient demographics, Aptose is building a robust pipeline of novel oncology therapies aimed at dysregulated processes and signaling pathways.

One of Aptose's pioneering agents, tuspetinib (TUS), is a highly potent, first-in-class pan-FLT3/BTK inhibitor. Developed as a small molecule therapeutic, tuspetinib targets various key kinases such as SYK, FLT3, JAK1/2, and mutant forms of KIT, RSK2, and TAK1-TAB1. This mechanism of action not only combats the proliferation of AML cells but also minimizes the typical cytotoxic side effects associated with conventional cancer treatments, thus enhancing the quality of life for patients.

Tuspetinib has shown significant promise in ongoing clinical trials. In the APTIVATE Phase 1/2 study, tuspetinib, both as a monotherapy and in combination with venetoclax (VEN), has demonstrated favorable safety profiles and robust efficacy in relapsed/refractory AML patients. This includes patients with various genetic mutations and those who have failed prior therapies. Notably, tuspetinib has demonstrated a 48% overall response rate when used in combination with venetoclax, making it a potential candidate for accelerated approval in difficult-to-treat VEN-resistant AML cases.

Aptose is also developing luxeptinib (CG-806), an oral, dual lymphoid and myeloid kinase inhibitor currently in Phase 1 a/b development. Luxeptinib targets relapsed or refractory hematologic malignancies and is being positioned for future clinical trials using its new generation 3 (G3) formulation, which has shown improved pharmacokinetics and tolerability.

Recently, Aptose has entered strategic financial transactions, including a public offering and private placement, to support the further development of tuspetinib and general corporate activities. With strong clinical data and robust financial backing, Aptose continues to make strides in the oncology field, aiming to bring life-saving treatments to patients in need.

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Aptose Biosciences Inc. will report financial results for Q4 and year-end 2023, along with a corporate update on March 26, 2024. The company focuses on developing oral targeted agents for hematologic malignancies.
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Aptose Biosciences Inc. announced the closing of a public offering and private placement, raising approximately $13.7 million in total gross proceeds. The company sold 5,649,122 common shares and warrants at a combined offering price of US $1.71 per share. The private placement with Hanmi Pharmaceutical, Inc. resulted in the purchase of each common share at a price of US $1.90, representing an 11% premium over the price of the common shares issued as part of the public offering. The company intends to use the net proceeds to support clinical trials for tuspetinib, support the manufacture of tuspetinib clinical supplies, and for working capital and general corporate purposes.
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Aptose Biosciences Inc. has announced the pricing of an underwritten public offering of 4,912,280 common shares at a public offering price of US $1.71 per share, with an expected gross proceeds of approximately US $8.4 million. Additionally, a concurrent $4 million private placement of common shares with Hanmi Pharmaceutical, Inc. has been priced, representing ownership of 19.97% of the outstanding common shares of the company following the private placement.
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Aptose Biosciences Inc. (APTO) reports promising data from the APTIVATE International Phase 1/2 Study of Tuspetinib (TUS) in Relapsed/Refractory AML Patients. TUS as a single agent and TUS/VEN combination demonstrate favorable safety and tolerability. TUS/VEN combination achieves a 25% complete response rate among all-comers, including a 20% CRc in wildtype AML. Total enrollment of patients receiving TUS or TUS/VEN is now over 160.
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Aptose Biosciences Inc. (APTO) appoints Fletcher Payne as Chief Business Officer and Senior Vice President, Chief Financial Officer, bringing over 25 years of healthcare experience and overseeing business transactions totaling more than $3.7 billion.
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Aptose Biosciences Inc. (APTO) announces promising results for tuspetinib (TUS) in the treatment of relapsed/refractory AML, including a 48% overall response rate in heavily pre-treated patients and a favorable safety profile. The company also presented data demonstrating TUS's ability to target venetoclax (VEN) resistance mechanisms at the European School of Haematology conference. The clinical data for tuspetinib has been selected for oral presentation at the 65th American Society of Hematology Annual Meeting.
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Aptose Biosciences Inc. announced that clinical data for tuspetinib has been selected for oral presentation at the 65th American Society of Hematology Annual Meeting. The presentation will include safety and efficacy data from Aptose's ongoing APTIVATE trial of tuspetinib in relapsed/refractory acute myeloid leukemia patients. The presentation will take place on December 9, 2023, in San Diego, CA.
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Aptose Biosciences released highlights from a clinical update event featuring its lead compound tuspetinib (TUS). TUS is a precision targeted kinase inhibitor that suppresses select kinases driving the proliferation of acute myeloid leukemia (AML). The combination of TUS with venetoclax (VEN) has shown promising results in difficult-to-treat VEN failure AML patients, with a 44% overall response rate (ORR). TUS directly targets VEN resistance mechanisms, making it a potential treatment option for VEN failure patients. The safety profile of TUS and TUS/VEN combination remains favorable. The company plans to initiate further studies to evaluate the efficacy and duration of response of TUS/VEN in AML patients.
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Aptose Biosciences will report financial results for Q3 2023 on November 9th and provide a corporate update. Analysts can pre-register for the Q&A session and access the audio webcast through the company's website.
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Aptose Biosciences Inc. will provide a clinical update on October 30, 2023, regarding its lead compound tuspetinib, a precision targeted myeloid kinase inhibitor for the treatment of acute myeloid leukemia (AML). The update will include up-to-date clinical data and will be presented by Dr. Naval Daver, the lead investigator on Aptose's APTIVATE trial.
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FAQ

What is the current stock price of Aptose Biosciences (APTO)?

The current stock price of Aptose Biosciences (APTO) is $0.25 as of December 24, 2024.

What is the market cap of Aptose Biosciences (APTO)?

The market cap of Aptose Biosciences (APTO) is approximately 14.9M.

What does Aptose Biosciences specialize in?

Aptose Biosciences focuses on developing precision medicines for treating life-threatening cancers, particularly acute myeloid leukemia (AML) and high-risk myelodysplastic syndromes (MDS).

What is tuspetinib?

Tuspetinib (TUS) is a first-in-class pan-FLT3/BTK inhibitor being developed by Aptose for the treatment of AML. It targets key kinases to combat cancer cell proliferation while minimizing side effects.

What are the recent achievements of Aptose Biosciences?

Aptose has shown significant clinical efficacy for tuspetinib in treating relapsed/refractory AML, including a 48% overall response rate in combination with venetoclax. The company has also secured strategic financial investments to support its clinical programs.

What is luxeptinib?

Luxeptinib (CG-806) is an oral, dual lymphoid and myeloid kinase inhibitor in Phase 1 a/b development. It is designed to treat relapsed or refractory hematologic malignancies and has demonstrated improved pharmacokinetics with its new G3 formulation.

How does Aptose aim to improve the quality of life for cancer patients?

Aptose focuses on developing targeted therapies based on a patient’s specific genetic profile to enhance treatment efficacy and reduce cytotoxic side effects, thereby improving the quality of life for cancer patients.

What financial activities has Aptose recently undertaken?

Aptose recently closed public offerings and private placements to raise funds for the clinical development of tuspetinib and for general corporate purposes.

What are the main clinical trials conducted by Aptose?

The main clinical trials include the APTIVATE Phase 1/2 study of tuspetinib in relapsed/refractory AML patients and Phase 1 a/b studies for luxeptinib targeting hematologic malignancies.

What makes tuspetinib a potential candidate for accelerated approval?

Tuspetinib has shown significant clinical efficacy and a favorable safety profile, particularly in combination with venetoclax for treating difficult-to-treat VEN-resistant AML patients, which may expedite its approval process.

How does Aptose integrate genetic insights into its drug development?

Aptose leverages genetic and epigenetic insights into specific cancers and patient populations to build a pipeline of novel therapies targeting dysregulated processes and signaling pathways.

What is the strategy behind Aptose's targeted therapies?

Aptose's strategy involves developing targeted medicines for precision treatment based on a patient’s specific gene expression signature, aiming to enhance efficacy while minimizing side effects.

Aptose Biosciences, Inc.

Nasdaq:APTO

APTO Rankings

APTO Stock Data

14.88M
56.33M
16.38%
16.68%
0.62%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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