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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.
Black Diamond Therapeutics (Nasdaq: BDTX) reported significant preclinical progress in its MasterKey therapies, BDTX-1535 and BDTX-4933, showcasing promising anti-tumor activity at the EORTC-NCI-AACR Symposium. The company is on track to update clinical data for BDTX-1535 in 2023 and plans to file an IND for BDTX-4933 in the first half of 2023. Financially, BDTX reported approximately $144.2 million in cash as of September 30, 2022, with a net loss of $21.7 million for Q3 2022. The company anticipates sufficient funding for operations into Q3 2024.
Black Diamond Therapeutics (BDTX) presented new preclinical data on BDTX-1535 and BDTX-4933 at the EORTC-NCI-AACR Symposium in Barcelona. BDTX-1535 is an irreversible EGFR inhibitor showing significant anti-tumor activity in multiple models of glioblastoma multiforme (GBM) and non-small cell lung cancer (NSCLC), while sparing wild-type EGFR. BDTX-4933 targets oncogenic BRAF mutations, achieving tumor regression in preclinical studies. Both therapies leverage Black Diamond's MAP Drug Discovery Engine and are currently in development, with updates expected in 2023.
Black Diamond Therapeutics (Nasdaq: BDTX) announced that CEO David M. Epstein, Ph.D., will present an update on the company’s progress at the H.C. Wainwright 24th Annual Global Investment Conference. The presentation will be available on-demand starting September 12, 2022, at 7:00 AM ET. Additionally, Black Diamond's management will participate in investor meetings at the Morgan Stanley 20th Annual Global Healthcare Conference from September 12-14, 2022, in New York, NY. For access to the webcast and further details, visit blackdiamondtherapeutics.com.
Black Diamond Therapeutics, Inc. (BDTX) reported Q2 2022 results, highlighting a cash position of $160.9 million to fund operations into Q3 2024. The company appointed Sergey Yurasov, M.D., Ph.D., as Chief Medical Officer, enhancing its leadership. BDTX-1535's Phase 1 study has commenced, with the first patient dosed. R&D expenses decreased to $16.2 million from $26.7 million year-over-year, while net loss narrowed to $22.9 million compared to $34.4 million in Q2 2021. Clinical updates for BDTX-1535 are expected in 2023.
Black Diamond Therapeutics, a precision oncology medicine company, announced that its CEO, David M. Epstein, will participate in the panel discussion titled Bullseye - Targeted Oncology - Quanta of Targets at the Wedbush PacGrow Healthcare Virtual Conference on August 10, 2022, at 10:20 a.m. ET. The event can be viewed live via the company's investor relations website, and a replay will be available for 90 days. Black Diamond focuses on developing MasterKey therapies for genetically defined cancers using its proprietary MAP drug discovery engine.
Black Diamond Therapeutics, Inc. (Nasdaq: BDTX) announced that its CEO, David M. Epstein, Ph.D., will present a company update at the Jefferies Global Healthcare Conference on June 8, 2022, at 3:00 PM ET in New York. The presentation will highlight the company’s advancements in precision oncology and MasterKey therapies aimed at treating genetically defined cancers. A live webcast will be available on their investor relations website, with a replay accessible for 90 days post-event. Black Diamond focuses on innovative oncology solutions for patients with limited treatment options.
Black Diamond Therapeutics, Inc. (Nasdaq: BDTX) has appointed Dr. Sergey Yurasov as Chief Medical Officer, replacing Karsten Witt, who transitions to an advisory role. Dr. Yurasov brings over 25 years of experience in oncology drug development, with expertise in EGFR mutant non-small cell lung cancer and glioblastoma. His appointment comes as the company advances its MasterKey therapies, including lead programs BDTX-1535 and BDTX-4933. The transition is seen as pivotal for the company's strategy in addressing unmet medical needs in precision oncology.
Black Diamond Therapeutics, a precision oncology medicine company, announced that its CEO, David M. Epstein, Ph.D., will present an update on the company's progress at the H.C. Wainwright Global Investment Conference. The presentation will be available for on-demand viewing starting May 24, 2022, at 7:00 a.m. ET. Interested parties can access the webcast in the investor relations section of the company’s website, where a replay will also be available for 90 days. The company focuses on developing MasterKey therapies for genetically defined cancers.
Black Diamond Therapeutics has published findings revealing 22 new oncogenic HER2 driver mutations discovered through its MAP discovery engine. The research, appearing in the AACR's Cancer Research Journal, emphasizes the importance of identifying these mutations for developing novel inhibitors aimed at treating HER2-mutant cancers. The study validated 37 HER2 driver mutations from 820 variants analyzed, demonstrating Black Diamond's capacity for drug discovery focused on precision oncology. This advancement highlights the necessity of innovative treatment options for patients with specific genetic profiles.
Black Diamond Therapeutics (Nasdaq: BDTX) announced the dosing of the first patient in the Phase 1 study of BDTX-1535 for glioblastoma multiforme (GBM) and non-small cell lung cancer (NSCLC). The company reported financial results for Q1 2022, highlighting a cash position of approximately $179.7 million, down from $209.8 million in Q4 2021. R&D expenses decreased to $17.8 million, while net loss narrowed to $25.5 million from $30.3 million year-over-year. The company extends its cash runway into Q3 2024, emphasizing its strategic focus on BDTX-1535 and BDTX-4933.
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