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Aptevo Therapeutics Inc - APVO STOCK NEWS

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

Overview

Aptevo Therapeutics Inc. (NASDAQ: APVO) is a clinical-stage biotechnology company dedicated to the development of novel immuno-oncology therapeutics. Specializing in the design and creation of bispecific antibodies, the company harnesses its proprietary ADAPTIR and ADAPTIR-FLEX platforms to generate both monospecific and multispecific antibody candidates. These innovative solutions are aimed at redirecting and enhancing the immune system’s response to cancer, addressing significant unmet needs in oncology and hematology.

Innovative Platforms & Clinical Development

At the heart of Aptevo's strategy is the application of advanced modular protein technology to develop candidates that target cancer cells while improving the safety profile typically associated with immune therapies. The company’s pipeline is built around its cutting-edge methods to create bispecific antibodies capable of engaging both tumor antigens and T cells. By tailoring these molecules to enhance immune cell responses, Aptevo targets both blood cancers such as acute myeloid leukemia (AML) and various solid tumors. Their clinical candidates, including mipletamig and ALG.APV-527, have been tested in multiple trial setups that emphasize safety, tolerability, and meaningful biological activity, as evidenced by stable disease outcomes and manageable adverse events.

Clinical Candidates and Research Pipeline

Aptevo’s lead candidate, mipletamig, is developed to target AML by engaging the immune system in a multi-modal approach. This candidate is designed to bridge leukemic cells with T cells via its bispecific configuration, helping to minimize the typical challenges associated with cytokine release syndrome. In parallel, ALG.APV-527 represents the company’s exploration into treating solid tumors by combining immune costimulation with tumor antigen targeting. Both candidates exemplify the company’s commitment to leveraging its proprietary platform to address difficult-to-treat cancers. Furthermore, Aptevo continues to advance preclinical candidates that expand its reach into various tumor types, reflecting a robust and diversified pipeline.

Market Position and Differentiation

Positioned in a competitive yet rapidly evolving oncology landscape, Aptevo differentiates itself with a dual emphasis on innovation and patient safety. The company’s focused research in bispecific antibody design, supported by a team with extensive experience across the biotech field, builds a strong narrative that is consistently reinforced by clinical trial outcomes. Investors and industry observers appreciate the company’s strategic integration of cutting-edge technology with rigorous clinical evaluation, making Aptevo a distinct player in the biotech market.

Commitment to Excellence and Collaboration

Driven by core values such as ownership, collaboration, and scientific excellence, Aptevo Therapeutics continues to foster an environment where innovation thrives. Their work not only reflects deep expertise in immunotherapy and antibody engineering but also demonstrates a commitment to translating complex scientific concepts into tangible treatment options for cancer patients. By maintaining transparency in its development processes and upholding a balanced presentation of data, Aptevo solidifies its reputation as an authoritative source in the biotech industry.

Key Highlights

  • Development of next-generation bispecific antibodies through proprietary ADAPTIR platforms.
  • Clinical candidates addressing both hematological malignancies and diverse solid tumors.
  • Emphasis on safety, tolerability, and targeted immune activation.
  • A robust pipeline that supports a long-term, science-driven approach to oncology treatment.

This comprehensive overview underlines Aptevo Therapeutics’ mission to improve treatment outcomes and transform the lives of cancer patients by focusing on innovative immunotherapy solutions that are both scientifically rigorous and clinically validated.

Rhea-AI Summary
Aptevo Therapeutics Inc. (NASDAQ:APVO) announces a public offering of 3.4 million shares of common stock and warrants to purchase 6.8 million shares at $1.35 per share. Each share comes with two Common Warrants, with an exercise price of $1.35 per share, expiring in five years.
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Aptevo Therapeutics Inc. (APVO) announces positive advancements in clinical and preclinical programs, including a breast cancer patient transitioning to a higher dose level in the ALG.APV-527 trial, APVO436 Phase 1b/2 trial initiation expected in 1H 2024, and engagement of Prometrika as a partner for dose optimization trial. APVO711 shows promise in inducing tumor killing properties in preclinical studies.
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Aptevo Therapeutics Inc. (NASDAQ:APVO) is participating in The Springtime Event, a Bio-Europe conference in Barcelona, Spain. The event aims to foster relationships within the biotechnology and biopharmaceutical industries, with key representatives from Aptevo attending.
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Alligator Bioscience and Aptevo Therapeutics announce positive interim data for ALG.APV-527 in Phase 1 trial for solid tumors expressing tumor antigen 5T4. The trial shows favorable drug exposure, biological activity, and signs of clinical activity in heavily pretreated patients.
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Aptevo Therapeutics Inc. announces 1H24 plan for the development of lead candidate APVO436 for frontline acute myeloid leukemia. Interim results expected late 2H24. Phase 1 trial for APV-527 for multiple solid tumors continues enrollment, with interim results expected 1H24. Financial results for 2023 and business update provided.
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Aptevo Therapeutics Inc. (NASDAQ:APVO) announced a 1-for-44 reverse stock split to regain Nasdaq compliance, reducing outstanding shares from 23.5 million to approximately 0.53 million. The split aims to maintain a minimum bid price of $1.00 per share and will not change the trading symbol 'APVO'.
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Aptevo Therapeutics Inc. (NASDAQ: APVO) reported financial results and provided a business update, including progress in the ALG.APV-527 Phase 1 Trial for the Treatment of Multiple Solid Tumors, planning for APVO436 Phase 2 Trial Initiation, and extended cash runway with $7 million in funding and potential for additional $9.2 million.
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Aptevo Therapeutics Inc. (NASDAQ:APVO) will present at the Bio-Europe conference in Munich, Germany from November 6-8, 2023. The presentation will focus on the company's pipeline of clinical and pre-clinical bispecific drug candidates for treating solid and hematologic malignancies. Michelle Nelson, Ph.D., Director of Immunobiology, will be the presenter.
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Aptevo Therapeutics Inc. reported positive duration of remission data for its lead clinical candidate, APVO436, and announced the initiation of Phase 2 trials for the treatment of AML. The company also completed a $5 million equity raise, extending its cash runway into 3Q24.
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Aptevo Therapeutics Inc. has closed its public offering, raising approximately $5 million in gross proceeds. The offering consisted of 2,221,550 shares of common stock, Pre-Funded Warrants for up to 5,842,967 shares of common stock, Series A Warrants for up to 8,064,517 shares of common stock, and Series B Warrants for up to 8,064,517 shares of common stock. The Pre-Funded Warrants have an exercise price of $0.001, while the Series A and Series B Warrants have an exercise price of $0.62 per share. The net proceeds will be used for the continued clinical development of product candidates and working capital purposes.
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FAQ

What is the current stock price of Aptevo Therapeutics (APVO)?

The current stock price of Aptevo Therapeutics (APVO) is $0.8619 as of April 18, 2025.

What is the market cap of Aptevo Therapeutics (APVO)?

The market cap of Aptevo Therapeutics (APVO) is approximately 3.3M.

What is the core focus of Aptevo Therapeutics?

Aptevo Therapeutics is focused on developing novel immuno-oncology therapies using bispecific antibodies engineered through its proprietary ADAPTIR and ADAPTIR-FLEX platforms, targeting both blood cancers and solid tumors.

How does Aptevo generate its therapeutic candidates?

The company leverages advanced modular protein technologies to create both monospecific and multispecific antibody candidates, aiming to enhance the immune system’s ability to fight cancer while maintaining a favorable safety profile.

Which therapeutic areas is Aptevo involved in?

Aptevo is primarily involved in oncology and hematology, with clinical candidates being developed for the treatment of acute myeloid leukemia (AML) and various solid tumors.

What distinguishes Aptevo's bispecific antibodies from traditional therapies?

Aptevo’s bispecific antibodies are designed to simultaneously engage tumor antigens and immune cells, thereby activating the patient’s immune response in a more targeted manner and aiming to minimize common toxicities.

Can you explain the significance of the ADAPTIR and ADAPTIR-FLEX platforms?

These proprietary platforms allow for rapid, efficient, and customizable antibody engineering, enabling the development of therapeutic candidates with high specificity and improved safety, which is critical for treating complex cancers.

What is known about Aptevo's clinical candidates?

The company’s clinical candidates include mipletamig, which is being evaluated for AML, and ALG.APV-527, designed for treating solid tumors. Both candidates have demonstrated encouraging safety and biological activity in early trials.

How does Aptevo ensure safety and efficacy in its drug development?

Aptevo employs rigorous clinical and preclinical testing strategies, focusing on optimizing drug design to enhance immune targeting while reducing adverse effects. Their research protocols are underpinned by robust scientific data and extensive industry collaboration.

What is Aptevo's market position in the biotech industry?

Aptevo is recognized for its innovative approach to cancer immunotherapy using bispecific antibodies, positioning it as an influential player in the competitive fields of oncology and hematology research, with a pipeline that supports long-term scientific advancement.
Aptevo Therapeutics Inc

Nasdaq:APVO

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3.26M
3.02M
0.01%
4.85%
4.12%
Biotechnology
Pharmaceutical Preparations
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