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Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT), founded in 2013 and based in San Diego, California, is a pioneering RNA medicines company focused on developing novel therapeutics for rare diseases, particularly those with no adequate treatments. Specializing in RNA interference (RNAi) technologies, Arcturus is at the forefront of creating breakthrough treatments aimed at liver and respiratory diseases.
Arcturus operates primarily in the research and development sector, focusing on nucleic acid-based medical applications. Core technologies include its proprietary LUNAR® lipid-mediated delivery and STARR® mRNA Technology (sa-mRNA), enabling a versatile range of RNA therapeutics. Its mRNA drug substance and product manufacturing expertise further position Arcturus as a leader in RNA-based solutions.
Key projects in Arcturus' pipeline include:
- LUNAR-OTC for treating ornithine transcarbamylase deficiency
- LUNAR-CF aimed at cystic fibrosis
- LUNAR-FLU and LUNAR-COV19 for influenza and COVID-19 vaccines respectively
Recently, Arcturus announced a collaborative research endeavor with PassPort Technologies Inc. (PPTI) to explore innovative mRNA formulations and transdermal delivery methods for vaccines and therapeutics. This partnership leverages ARCT’s LUNAR® platform and PPTI’s PassPort® transdermal technology, aiming to enhance the delivery and efficacy of RNA-based treatments.
Further cementing its competitive edge, Arcturus has developed Kostaive®, the world's first approved self-amplifying messenger RNA (sa-mRNA) COVID-19 vaccine. Arcturus continues its global collaboration with CSL Seqirus for mRNA vaccines and maintains a joint venture in Japan, ARCALIS, to manufacture mRNA vaccines and therapeutics. The company’s extensive patent portfolio, covering over 400 patents across the U.S., Europe, Japan, China, and other countries, underscores its innovative prowess.
Financially, Arcturus maintains a solid growth trajectory, driven by its robust research initiatives and strategic alliances. For more detailed information, visit their official website at www.ArcturusRx.com, and connect via Twitter and LinkedIn.
Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT) reported promising results from its Phase 1/2 booster trial for ARCT-154, showing sustained neutralizing antibody activity against SARS-CoV-2 for at least three months post-vaccination. The study involved 12 participants receiving a low-dose booster (5 mcg) after two primary doses of Comirnaty®. Results indicated a 30-fold enhancement in neutralizing antibodies against the D614G variant and 24-fold against the Beta variant at three months. Preparations for a pivotal Phase 3 booster trial have been initiated.
Arcturus Therapeutics (NASDAQ: ARCT) will release its financial results for Q1 2022 on May 9, 2022, after market close. A conference call and webcast will follow at 4:30 PM EDT. The company, based in San Diego, California, focuses on developing mRNA medicines for infectious diseases and rare liver and respiratory conditions. Key collaborations include partnerships with prominent pharmaceutical companies and institutions.
Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT) has granted stock options totaling 60,400 shares to four newly-hired employees, as approved by its Board of Directors. The options have an exercise price of
Arcturus Therapeutics announced positive topline data from its ongoing Phase 1/2/3 trial for ARCT-154, a self-amplifying mRNA vaccine against COVID-19. The study demonstrated 95% efficacy in preventing severe disease and 55% efficacy against symptomatic cases. Conducted in Vietnam during the Delta and Omicron variant dominance, the trial enrolled over 19,000 adults, with comparable adverse events to placebo. Following this success, ARCT-154 will advance into a pivotal booster trial, signaling a significant step for the company's mRNA platform and future vaccine development.
Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT) announced that CEO Joseph Payne will participate in the "RNA Therapeutics in Rare Diseases" panel at the Cantor Fitzgerald Virtual Rare Disease Summit on March 29, 2022, at 2:45 p.m. ET. This event highlights Arcturus' commitment to RNA medicines, particularly in infectious disease vaccines and rare liver and respiratory diseases. The company, based in San Diego, has a diverse pipeline of mRNA vaccine programs, including those for COVID-19 and cystic fibrosis, supported by innovative delivery technologies and strategic partnerships.
Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) announced the approval of inducement stock options totaling 20,000 shares for two newly-hired employees. The options have an exercise price of
Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT) has announced management participation in a Fireside Chat at the Barclays Global Healthcare Conference on March 16, 2022, at 1:35 p.m. ET. This event will provide insights into the company's late-stage clinical programs focusing on mRNA medicines, including vaccines for infectious diseases and treatments for rare liver and respiratory diseases. A live webcast will be available, with an archived replay accessible for 90 days. For more details, visit ArcturusRx.com
Arcturus Therapeutics Holdings Inc. has submitted an Emergency Use Authorization (EUA) application for ARCT-154 to the Vietnam Ministry of Health. Clinical data show 28- and 54-fold increases in neutralizing antibodies against SARS-CoV-2 ancestral and Omicron strains, respectively. Financial results for Q4 2021 reveal total revenue of $5.8 million, marking an increase from $2.2 million in Q4 2020. However, the company reported a net loss of approximately $38.7 million for the same period. Cash reserves stand at $370.5 million, expected to sustain operations into late 2023.
Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) announced the grant of stock options for 11,200 shares to three new employees as part of their employment compensation. The options, priced at $24.85 per share, are granted under the Nasdaq Rule 5635(c)(4) inducement exception. These stock options will vest over four years, with 25% vesting after one year and the rest monthly over the subsequent three years, contingent on continued employment. This move supports Arcturus's commitment to attract top talent in the competitive biotech landscape.
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