STOCK TITAN

Black Diamond Therapeutics, Inc. - BDTX STOCK NEWS

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

Black Diamond Therapeutics, Inc. (Nasdaq: BDTX) is a leading precision oncology medicine company headquartered in Cambridge, Massachusetts. Founded in 2014, the company focuses on the discovery and development of small molecule, tumor-agnostic therapies designed to target families of oncogenic mutations across various cancers.

The core of Black Diamond’s innovative approach lies in its proprietary Mutation-Allostery-Pharmacology (MAP) platform. This platform enables the identification and targeting of allosteric mutations in key cancer-related kinases, offering new therapeutic options for patients with limited treatments available.

The company’s lead product candidate, BDTX-189, is a potent inhibitor targeting non-canonical and oncogenic mutations of ERBB kinases, including the epidermal growth factor receptor (EGFR) and tyrosine-protein kinase. The development pipeline also includes BDTX-1535, an advanced fourth-generation EGFR inhibitor, and BDTX-4933, targeting KRAS, NRAS, and BRAF mutations in solid tumors.

Recent clinical updates highlight the potential of BDTX-1535 in treating non-small cell lung cancer (NSCLC) and glioblastoma (GBM), demonstrating efficacy against over 50 clinically relevant non-classical EGFR mutations and resistance mutations like C797S. This candidate is currently advancing through Phase 2 trials, with promising results expected in 2024.

Black Diamond Therapeutics has also established significant collaborations and partnerships to bolster its research and development efforts. These collaborations aim to enhance the understanding of mutation landscapes and accelerate the delivery of new therapies to patients.

For more information, visit Black Diamond Therapeutics.

Rhea-AI Summary
Black Diamond Therapeutics reports positive Phase 1 data for BDTX-1535 in NSCLC patients and provides corporate update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
-
Rhea-AI Summary
Black Diamond Therapeutics to present at AACR-NCI-EORTC Conference on Molecular Targets and Cancer Therapeutics, showcasing Phase 1 data for BDTX-1535 in NSCLC and GBM, and preclinical data for BDTX-4933.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
conferences clinical trial
-
Rhea-AI Summary
Mark Velleca appointed CEO of Black Diamond Therapeutics, replacing David Epstein. Velleca aims to advance the company's clinical stage programs and create value for stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
none
Rhea-AI Summary
Black Diamond Therapeutics announces dosing of first patients in mutation matched expansion cohorts of NSCLC clinical study for BDTX-1535
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
-
Rhea-AI Summary
Black Diamond Therapeutics, Inc. (Nasdaq: BDTX) to participate in three upcoming investor conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
conferences
-
Rhea-AI Summary
Black Diamond Therapeutics reports positive initial clinical data for BDTX-1535 in NSCLC patients with acquired resistance and intrinsic driver EGFR mutations. Expansion cohorts initiated. Underwritten public offering raises $75.0 million. Cash position of $89.5 million. Milestones include FDA meeting and clinical update in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.22%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.34%
Tags
management

FAQ

What is the current stock price of Black Diamond Therapeutics (BDTX)?

The current stock price of Black Diamond Therapeutics (BDTX) is $2.22 as of December 20, 2024.

What is the market cap of Black Diamond Therapeutics (BDTX)?

The market cap of Black Diamond Therapeutics (BDTX) is approximately 125.3M.

What does Black Diamond Therapeutics do?

Black Diamond Therapeutics focuses on discovering and developing precision oncology therapies targeting oncogenic mutations in cancer.

Where is Black Diamond Therapeutics headquartered?

The company is headquartered in Cambridge, Massachusetts.

What is the Mutation-Allostery-Pharmacology (MAP) platform?

The MAP platform enables the identification and targeting of allosteric mutations in cancer-related kinases.

What is BDTX-189?

BDTX-189 is Black Diamond’s lead product candidate, targeting non-canonical and oncogenic mutations of ERBB kinases.

What are the key clinical-stage programs at Black Diamond?

The company is advancing BDTX-1535, an EGFR inhibitor, and BDTX-4933, targeting KRAS, NRAS, and BRAF mutations.

What recent achievements has Black Diamond Therapeutics made?

The company presented promising preclinical and clinical data for BDTX-1535 at major scientific meetings and is progressing to Phase 2 trials.

What are upcoming milestones for Black Diamond Therapeutics?

Key milestones include initial results from Phase 2 trials for BDTX-1535 in NSCLC expected in Q3 2024.

What collaborations is Black Diamond involved in?

The company has formed significant partnerships to enhance mutation research and accelerate therapy development.

When was Black Diamond Therapeutics founded?

The company was founded in 2014.

How does BDTX-1535 differ from existing therapies?

BDTX-1535 is designed to inhibit a broad spectrum of over 50 non-classical EGFR mutations and the C797S resistance mutation, offering potential benefits over current therapies.

Black Diamond Therapeutics, Inc.

Nasdaq:BDTX

BDTX Rankings

BDTX Stock Data

125.34M
55.25M
2.26%
98.75%
10.49%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
CAMBRIDGE