Welcome to our dedicated page for CNS Pharmaceuticals news (Ticker: CNSP), a resource for investors and traders seeking the latest updates and insights on CNS Pharmaceuticals stock.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) is a clinical-stage biopharmaceutical company developing anti-cancer drug candidates for primary and metastatic cancers of the brain and central nervous system. The CNSP news feed highlights the company’s announcements about its clinical programs, corporate developments, and interactions with the scientific and investment communities.
A central theme in CNS Pharmaceuticals’ news is the progress of its lead drug candidate, TPI 287. The company issues updates on clinical data, including Phase 1 results in glioblastoma patients treated with TPI 287 in combination with bevacizumab, and discusses the potential of TPI 287 to cross the blood-brain barrier and treat CNS tumors. Releases also describe the breadth of indications in which TPI 287 has been studied, from recurrent glioblastoma and pediatric neuroblastoma to metastatic melanoma and breast cancer metastatic to the brain.
News items also cover scientific visibility, such as acceptance of abstracts for poster presentation at the Society of Neuro-Oncology Annual Meeting. These abstracts, as described by the company, address topics like Berubicin in glioblastoma and pediatric diffuse midline glioma, as well as future evaluation of TPI 287 in CNS diseases. In addition, CNS Pharmaceuticals reports participation in investor conferences and virtual events, where management discusses its development strategy and corporate outlook.
Corporate and governance updates appear in the news as well, including announcements of a 1-for-12 reverse stock split and leadership changes, such as the planned transition of the chief executive officer role to Rami Levin. For investors and observers following CNSP, this news page provides a centralized view of the company’s disclosed milestones in neuro-oncology drug development, capital structure decisions, and executive leadership.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) reported its financial results for Q2 2021, highlighting a net loss of approximately $3.8 million compared to $2.4 million in Q2 2020, primarily due to increased clinical trial preparation costs. The company commenced patient enrollment for a pivotal trial of Berubicin, its lead drug candidate for recurrent glioblastoma multiforme (GBM), which received Fast Track Designation from the FDA. As of June 30, 2021, CNSP holds approximately $10.5 million in cash, expected to fund operations into Q2 2022.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) announced significant advancements on July 1, 2021, including the securing of $4.7 million through an ATM offering at an average price of $2.32, extending its cash runway to Q2 2022. The company received Fast Track Designation from the FDA for its lead drug candidate, Berubicin, aimed at treating recurrent glioblastoma multiforme (GBM). Enrollment has begun in a pivotal study aimed at evaluating Berubicin's efficacy and safety, with patient dosing expected to start in Q3 2021, marking key milestones in CNS's clinical and regulatory strategy.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) announced that the FDA granted Fast Track Designation for its investigational drug Berubicin, aimed at treating recurrent glioblastoma multiforme (GBM). This designation accelerates the development process for drugs addressing serious conditions with unmet medical needs. CNS has also received Orphan Drug Designation for Berubicin. The company has initiated patient enrollment for a pivotal study of Berubicin, which showed promising responses in prior trials. This progress highlights a critical step in combating the aggressive nature of GBM.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) has been selected for inclusion in the Russell 2000® Index effective June 25, 2021, following the annual reconstitution of the index. This milestone is expected to enhance market awareness as the company advances its clinical programs for glioblastoma multiforme (GBM). The Russell 2000® Index includes approximately 2,000 of the smallest U.S. securities and is widely utilized by investment managers for benchmarking. The addition is anticipated to provide opportunities for increased visibility and value for CNSP.
CNS Pharmaceuticals (NASDAQ: CNSP) announced the start of patient enrollment for a pivotal study on Berubicin, aimed at treating recurrent glioblastoma multiforme (GBM). This trial will include approximately 210 patients across 35 sites in the U.S. and aims to assess Berubicin's efficacy and safety as compared to standard care. The study's primary endpoint is Overall Survival, a critical measure recognized by the FDA. Additionally, Berubicin has received Orphan Drug Designation from the FDA, granting it seven years of marketing exclusivity upon approval.
CNS Pharmaceuticals (NASDAQ: CNSP) reported its Q1 2021 financial results, posting a net loss of $3.6 million compared to $2.0 million in Q1 2020. R&D expenses surged to $2.2 million as the company prepares for clinical trials. CEO John Climaco highlighted the upcoming pivotal trial for Berubicin, aimed at treating glioblastoma (GBM), expecting patient enrollment to start in Q2 2021. The FDA has granted Berubicin Orphan Drug Designation, promising seven years of exclusivity post-approval. The company ended the quarter with $11.0 million in cash, funding operations through 2022.
CNS Pharmaceuticals (NASDAQ: CNSP) announced its participation in the Q2 Virtual Investor Summit on May 18, 2021, at 12:30 PM ET. CEO John Climaco will present key advancements in the company's development of cancer treatments. CNS is focused on Berubicin, targeting glioblastoma multiforme (GBM), with a promising 44% disease control rate in previous trials. The company also aims to start a Phase 2 trial for Berubicin this year. Management will engage in virtual one-on-one meetings with registered investors.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) announced that CEO John Climaco will present at the Emerging Growth Virtual Conference on March 17-18, 2021. The event will feature discussions on glioblastoma, with Climaco participating in a panel on March 17 from 9:30-10:30 am ET. CNS is focused on developing treatments for brain and central nervous system cancers, including their lead drug candidate, Berubicin, aimed at glioblastoma multiforme. CNS plans to initiate a Phase 2 trial for Berubicin in the U.S. in 2021.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) announced that CEO John Climaco will present at the H.C. Wainwright Global Life Sciences Conference on March 9-10, 2021. The company specializes in developing treatments for brain cancers. Participants can join virtual one-on-one meetings with management and view a video webcast of the presentation starting March 9 at 7:00 AM ET. CNS's lead drug candidate, Berubicin, targets glioblastoma multiforme and has shown a 44% response rate in previous trials. A Phase 2 trial is expected in 2021.
CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) announced that its clinical program for Berubicin, a novel treatment targeting glioblastoma multiforme (GBM), is set to start enrolling patients in March 2021. Berubicin is the first anthracycline capable of crossing the blood-brain barrier, aiming to improve outcomes for patients with this aggressive cancer. The study will involve approximately 35 clinical sites, with 21 currently confirmed. The primary endpoint is Overall Survival, with results expected to offer vital data for FDA approval. The FDA has granted Orphan Drug designation for Berubicin, ensuring marketing exclusivity.