Welcome to our dedicated page for Biolinerx news (Ticker: BLRX), a resource for investors and traders seeking the latest updates and insights on Biolinerx stock.
BioLineRx Ltd (NASDAQ/TASE: BLRX) is a clinical-stage biopharmaceutical company advancing innovative therapies in oncology and rare diseases, including its FDA-approved stem cell mobilizer APHEXDA®. This page provides centralized access to official company announcements, clinical trial updates, and strategic partnership developments.
Investors and researchers will find verified updates on pipeline progress, regulatory milestones, and operational initiatives. Content includes earnings reports, clinical data publications, licensing agreements, and manufacturing updates, all sourced directly from BioLineRx communications.
Regularly refreshed with new developments, this resource enables stakeholders to track the company’s work in areas like multiple myeloma treatment optimization and sickle cell disease gene therapy research. Bookmark this page for efficient monitoring of BLRX’s advancements in targeted drug development and commercialization strategies.
BioLineRx (NASDAQ: BLRX) reported its Q1 2024 financial results and recent corporate updates. The company highlighted steady growth in APHEXDA® adoption, securing formulary placement at institutions representing ~26% of stem cell transplant procedures, targeting 35% by end of Q2. Key developments include new data presented at ASCO 2024 from a Phase 2b pancreatic cancer trial, and the approval of a motixafortide HSC mobilization study in China. Financials showed $6.9 million in total revenue and a net loss of $0.7 million, a significant improvement from a $12.2 million loss in Q1 2023. The company completed $26 million in debt and equity financing to support U.S. commercialization of APHEXDA.
BioLineRx (BLRX) announced new data from its Phase 2 CheMo4METPANC trial evaluating motixafortide in combination with cemiplimab and standard chemotherapies for first-line pancreatic cancer. The trial, presented at ASCO 2024, showed increased CD8+ T-cell density in tumors from all 11 patients. Of these, 64% experienced partial responses and 91% had disease control, surpassing historical rates of 23% and 48%, respectively. Preliminary median progression-free survival was 9.6 months, compared to 5.5 months historically. Based on these results, the trial has been expanded from 30 to 108 patients.
BioLineRx (NASDAQ: BLRX), a biopharmaceutical company focused on oncology and rare diseases, will release its unaudited first-quarter financial results for 2024 on May 28, 2024, before U.S. market hours. A conference call will be held at 8:30 a.m. EDT, hosted by CEO Philip Serlin. Access to the call is available via several international dial-ins, with a live webcast and replay accessible on the company's website. Dial-in replays will be available until May 30, 2024.
BioLineRx (NASDAQ: BLRX) has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share for 30 consecutive trading days. This does not immediately affect the company's listing or trading on Nasdaq. BioLineRx has until November 11, 2024, to regain compliance by maintaining a bid price of at least $1.00 for 10 consecutive business days. If unsuccessful, an additional 180-day compliance period may be granted, provided other listing standards are met. The company's operations remain unaffected, and its shares continue to trade on the Tel Aviv Stock Exchange.
BioLineRx presented new economic model data for APHEXDA (motixafortide) for CD34+ hematopoietic stem cell mobilization in patients with multiple myeloma at the ISPOR 2024 conference. The data compared costs and healthcare resource utilization for patients undergoing autologous stem cell transplantation, highlighting potential benefits of using APHEXDA in reducing the need for multiple apheresis sessions.
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