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Celldex Therapeutics, Inc - CLDX STOCK NEWS

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

Celldex Therapeutics, Inc. (NASDAQ: CLDX) is a cutting-edge biopharmaceutical company focused on developing targeted therapeutics for devastating diseases with inadequate treatment options. The company leverages a proprietary portfolio of antibodies and immunomodulators to create novel, disease-specific therapies that modify the body's immune response. Founded with the belief that harnessing the immune system's power could overcome significant barriers in drug development, Celldex has built a robust pipeline of therapeutic antibodies, antibody-drug conjugates, immune system modulators, and vaccines.

Celldex is actively engaged in clinical trials for its promising pipeline products, including Varlilumab, CDX-301, CDX-1140, CDX-0159/Anti-KIT Program (barzolvolimab), and CDX-527. These therapies target conditions like breast cancer, metastatic melanoma, lung cancer, solid tumors, and ovarian cancer, focusing on specific patient populations with high unmet medical needs.

Recently, Celldex reported positive results from its Phase 2 clinical trial of barzolvolimab in patients with chronic spontaneous urticaria (CSU), a condition unresponsive to standard antihistamines and biologics. The study demonstrated significant improvements in patient symptoms, paving the way for Phase 3 trials. Additional clinical studies are underway for barzolvolimab in chronic inducible urticaria (CIndU), prurigo nodularis (PN), and eosinophilic esophagitis (EOE).

Celldex's financial health is robust, with substantial capital to support ongoing research and development. The company's recent public offering raised significant funds, ensuring the continuation of its innovative programs through 2027. Strategic partnerships, including collaborations with renowned institutions like Rockefeller University, further bolster Celldex's research endeavors.

Celldex Therapeutics is at the forefront of biotech innovation, striving to deliver transformative treatments for severe inflammatory, allergic, autoimmune, and other debilitating diseases. Stay updated with the latest developments and news by visiting www.celldex.com.

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Celldex Therapeutics, Inc. (CLDX) plans to offer $250.0 million of common stock in a public offering, with an option for an additional $37.5 million. The proceeds will fund the development of product candidates, including barzolvolimab, and support the company's clinical pipeline.
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Celldex Therapeutics, Inc. (CLDX) reported positive Phase 2 CSU data and financial results for Q4 and year-end 2023. Barzolvolimab showed promising results in CSU and CIndU studies, with plans for Phase 3 initiation in summer 2024. The company also introduced CDX-585, a bispecific antibody platform. Financially, Celldex's cash position improved to $423.6 million by December 31, 2023.
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Celldex Therapeutics (CLDX) reports positive 12-week results from Phase 2 trial of barzolvolimab in patients with chronic spontaneous urticaria (CSU), meeting primary and secondary endpoints with significant decreases in disease activity. The treatment showed rapid onset within 2 weeks, favorable safety profile, and similar improvement in omalizumab-experienced/refractory and omalizumab-naïve disease. 52-week results and Phase 3 CSU trial initiations expected in 2024.
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Celldex Therapeutics, Inc. (CLDX) will participate in a fireside chat at the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference on February 7, 2024. The webcast will be available on the company's website, with a replay option for 30 days. This event provides an opportunity for investors and stakeholders to gain insights into the company's future plans and strategies.
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Celldex Therapeutics, Inc. (NASDAQ:CLDX) announced the acceptance of an abstract describing 12-week results from the Phase 2 clinical trial of barzolvolimab in patients with chronic spontaneous urticaria (CSU) at the American Academy of Allergy, Asthma & Immunology Annual Meeting 2024. The study showed significant decreases in disease activity and good tolerability. The Company will present the data on February 24 at the conference and host a webcast on February 25 to discuss the results.
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Celldex Therapeutics, Inc. (CLDX) to participate in fireside chat at Evercore ISI HealthCONx Conference. Webcast and replay details provided.
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Celldex Therapeutics, Inc. (CLDX) Announces Pricing of Public Offering at $27.00 per Share, Expects Gross Proceeds of $200.5 Million. Jefferies, Leerink Partners, Guggenheim Securities, and Cantor are the Joint Book-Running Managers
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Celldex Therapeutics, Inc. (Nasdaq: CLDX) Announces Proposed Public Offering of Common Stock to Fund Clinical Development
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Celldex Therapeutics, Inc. announced positive topline results from their Phase 2 clinical trial of barzolvolimab in patients with chronic spontaneous urticaria (CSU). The study showed statistically significant decreases in urticaria disease activity across multiple dose groups, with a mean change from baseline to week 12 of -23.87 in the 300 mg q8w dose group and -23.02 in the 150 mg q4w dose group. Barzolvolimab was well tolerated with a favorable safety profile. The company plans to continue treatment for 52 weeks and move towards registrational trials.
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Celldex Therapeutics announces positive results from Phase 1b study of barzolvolimab in prurigo nodularis (PN), a chronic skin disease causing intensely itchy lumps. Single IV dose of 3.0 mg/kg barzolvolimab resulted in rapid and durable reductions in itch and healing of skin lesions. Phase 2 study to initiate in early 2024.
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FAQ

What is the current stock price of Celldex Therapeutics (CLDX)?

The current stock price of Celldex Therapeutics (CLDX) is $25.14 as of December 20, 2024.

What is the market cap of Celldex Therapeutics (CLDX)?

The market cap of Celldex Therapeutics (CLDX) is approximately 1.7B.

What is Celldex Therapeutics' primary focus?

Celldex Therapeutics focuses on developing targeted therapeutics for devastating diseases with inadequate treatment options using a proprietary portfolio of antibodies and immunomodulators.

What are the key products in Celldex's pipeline?

Key products include Varlilumab, CDX-301, CDX-1140, CDX-0159/Anti-KIT Program (barzolvolimab), and CDX-527.

What recent achievements has Celldex announced?

Celldex announced positive results from its Phase 2 clinical trial of barzolvolimab in patients with chronic spontaneous urticaria (CSU).

What diseases does Celldex target?

Celldex targets diseases including breast cancer, metastatic melanoma, lung cancer, solid tumors, ovarian cancer, CSU, CIndU, PN, and EOE.

How is Celldex financially positioned?

Celldex is financially robust, with significant capital raised from recent public offerings, supporting its operations through 2027.

Who are Celldex's strategic partners?

Celldex collaborates with several renowned institutions, including Rockefeller University.

What is barzolvolimab?

Barzolvolimab (CDX-0159) is a humanized monoclonal antibody targeting the KIT receptor, pivotal in conditions like CSU, CIndU, PN, and EOE.

Where can I find more information on Celldex's clinical trials?

Detailed information on Celldex's clinical trials can be found on www.clinicaltrials.gov.

What is Celldex's approach to drug development?

Celldex develops therapies targeting specific patient populations with high unmet medical needs, leveraging the body's immune response.

How can I stay updated on Celldex Therapeutics' latest news?

Follow the latest news and updates on Celldex by visiting their official website www.celldex.com.

Celldex Therapeutics, Inc

Nasdaq:CLDX

CLDX Rankings

CLDX Stock Data

1.71B
66.12M
0.3%
110.23%
11.81%
Biotechnology
In Vitro & in Vivo Diagnostic Substances
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United States of America
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