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Boundless Bio, Inc. - BOLD STOCK NEWS

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

Boundless Bio, Inc. (symbol: BOLD) is a clinical-stage oncology company leading a transformative approach in cancer therapeutics. The company's primary focus is on addressing oncogene-amplified tumors by targeting extrachromosomal DNA (ecDNA), which is a key driver in over 14% of cancer cases. This novel focus on ecDNA allows Boundless Bio to develop innovative treatments for a significant unmet medical need.

The company's flagship product, BBI-355, is an oral and selective inhibitor of checkpoint kinase 1 (CHK1). This compound is designed to disrupt the replication and transcription of ecDNA in cancer cells, offering a targeted approach to treatment. BBI-355 is currently undergoing clinical trials, showing promise in its ability to manage oncogene amplification more effectively than existing therapies.

Beyond its core product, Boundless Bio is actively engaged in multiple research and development projects to further expand its pipeline. The company collaborates with leading academic and industry partners to enhance the understanding and treatment of ecDNA in oncology. These partnerships are crucial for driving innovation and ensuring that new therapies reach the patients who need them most.

Financially, Boundless Bio is well-positioned to advance its clinical programs, supported by robust funding from investors who recognize the potential of their groundbreaking work. With a clear focus on improving patient outcomes, Boundless Bio continues to make strides in the oncology field, aiming to offer new hope to cancer patients worldwide.

For the latest updates on Boundless Bio's financial performance, clinical trial developments, and industry collaborations, stay tuned to the latest news from the company.

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Boundless Bio (BOLD) reported Q3 2024 financial results, highlighting progress in its clinical trials. The company maintains a strong cash position of $167.1 million, providing runway into Q4 2026. Key developments include ongoing enrollment in BBI-355 POTENTIATE and BBI-825 STARMAP trials, with initial proof-of-concept data expected in H2 2025. Q3 financials show R&D expenses of $14.1M (up from $11.6M in Q3 2023), G&A expenses of $4.6M (up from $3.3M), and a net loss of $16.5M (increased from $13.2M).

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Boundless Bio (Nasdaq: BOLD), a clinical-stage oncology company focused on extrachromosomal DNA (ecDNA) biology for treating oncogene amplified cancers, announced its participation in the 2024 Guggenheim Global Healthcare Conference. President and CEO Zachary Hornby will participate in a fireside chat on Tuesday, November 12, 2024, at 2:30 p.m. ET in Boston, MA. The session will be available via live and archived webcast in the Investors section of the company's website under 'Events & Presentations'.

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Boundless Bio (Nasdaq: BOLD), a clinical-stage oncology company focused on extrachromosomal DNA (ecDNA) biology for treating oncogene amplified cancers, announced the departure of CFO Jami Rubin for personal reasons. The company does not plan to hire a successor CFO immediately. David Hinkle, Senior VP of Finance and Controller, will assume responsibility for Finance operations and the roles of principal financial and accounting officer.

CEO Zachary Hornby expressed gratitude for Rubin's contributions, particularly in the company's successful IPO and corporate strategy refinement. Rubin stated her pride in Boundless Bio's accomplishments and confidence in the company's future success, citing ongoing clinical trials for lead programs and a strong balance sheet to support their advancement.

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Boundless Bio (Nasdaq: BOLD), a clinical-stage oncology company focusing on extrachromosomal DNA (ecDNA) biology, has announced its participation in the 2024 Cantor Global Healthcare Conference. The company's executives, Zachary Hornby (President and CEO) and Jami Rubin (CFO), will engage in a fireside chat session on Wednesday, September 18, 2024, at 10:20 a.m. ET in New York, NY.

Boundless Bio aims to develop transformative therapies for patients with previously intractable oncogene amplified cancers. Interested parties can access a live and archived webcast of the session through the 'Events & Presentations' section of the company's website under the Investors tab.

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Boundless Bio (Nasdaq: BOLD) provided business updates and Q2 2024 financial results. Key points include:

1. BBI-355 POTENTIATE trial ongoing; initial proof-of-concept data now expected in H2 2025.
2. BBI-825 STARMAP trial ongoing; initial data expected in H2 2025.
3. ECHO ecDNA diagnostic validated for use in BBI-355 trial.
4. Operations streamlined to extend runway into Q4 2026.
5. Q2 2024 financials: Cash position $179.3M, R&D expenses $14.7M, G&A expenses $4.7M, Net loss $17.0M.

The company is focusing on core ecDTx programs while scaling back early discovery efforts. Enrollment in BBI-355 combination cohorts is slower than projected, prompting initiatives to accelerate recruitment.

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Boundless Bio (Nasdaq: BOLD), a clinical-stage oncology company focused on extrachromosomal DNA (ecDNA) biology, will participate in the Goldman Sachs 45th Annual Global Healthcare Conference. President and CEO Zachary Hornby, along with CFO Jami Rubin, will represent the company in a fireside chat on June 12 at 3:20 p.m. ET in Miami, FL. The session will be available via live and archived webcast on the company’s website under the 'Events & Presentations' section.

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Boundless Bio (Nasdaq: BOLD) reported their first quarter 2024 financial results, highlighting progress on their clinical trials. The company's Phase 1/2 POTENTIATE trial for BBI-355, a novel CHK1 inhibitor, and the Phase 1/2 STARMAP trial for BBI-825, a selective RNR inhibitor, have shown promising advancements. With a pro forma cash position of approximately $200 million following a $100 million IPO, Boundless Bio is well-positioned for future growth and development.

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Boundless Bio (Nasdaq: BOLD) will be presenting at the Citizens JMP Life Sciences Conference 2024. The company's CFO will present on ecDNA biology therapies for oncogene amplified cancers. The webcast will be available on the company's website.

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Boundless Bio (Nasdaq: BOLD) initiates first-in-human Phase 1/2 trial for BBI-825, a novel ribonucleotide reductase inhibitor, targeting oncogene amplified cancers. The study aims to address resistance gene amplifications in locally advanced or metastatic cancer patients.
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Boundless Bio (Nasdaq: BOLD) presents promising preclinical and clinical data on BBI-355, a novel CHK1 inhibitor, at AACR Annual Meeting 2024. The findings highlight BBI-355's efficacy in overcoming ecDNA-mediated resistance to targeted therapies, showing antitumor activity and potential in combating chemotherapy resistance.
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FAQ

What is the current stock price of Boundless Bio (BOLD)?

The current stock price of Boundless Bio (BOLD) is $3.01 as of November 15, 2024.

What is the market cap of Boundless Bio (BOLD)?

The market cap of Boundless Bio (BOLD) is approximately 64.5M.

What is Boundless Bio, Inc.?

Boundless Bio, Inc. is a clinical-stage oncology company focused on developing cancer therapeutics targeting extrachromosomal DNA (ecDNA).

What is ecDNA and why is it important?

Extrachromosomal DNA (ecDNA) is a driver of oncogene amplification in over 14% of cancer patients. Targeting ecDNA offers a novel approach to cancer treatment.

What is BBI-355?

BBI-355 is a novel, oral, and selective inhibitor of checkpoint kinase 1 (CHK1) developed by Boundless Bio to manage ecDNA replication and transcription in cancer cells.

What are the current projects at Boundless Bio?

Boundless Bio is working on multiple research and development projects to expand their pipeline of cancer therapeutics targeting ecDNA.

Who are Boundless Bio's partners?

Boundless Bio collaborates with leading academic and industry partners to advance the understanding and treatment of ecDNA in oncology.

Is Boundless Bio financially stable?

Yes, Boundless Bio is financially well-supported by robust funding from investors who recognize the potential of their innovative cancer treatments.

How does BBI-355 work?

BBI-355 works by inhibiting checkpoint kinase 1 (CHK1), thereby disrupting the replication and transcription processes of ecDNA in cancer cells.

What phase are the clinical trials for BBI-355?

BBI-355 is currently in clinical trials, although specific phase details should be checked in the latest company updates.

How can I stay updated on Boundless Bio's latest news?

You can stay updated on Boundless Bio's latest financial performance, clinical trial developments, and industry collaborations through their official news releases.

What is the significance of targeting oncogene-amplified tumors?

Targeting oncogene-amplified tumors addresses a significant unmet need in cancer treatment, offering new hope to patients with more effective therapeutic options.

Boundless Bio, Inc.

Nasdaq:BOLD

BOLD Rankings

BOLD Stock Data

64.54M
22.30M
11.44%
78.48%
1.19%
Biotechnology
Pharmaceutical Preparations
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United States of America
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