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About Context Therapeutics Inc.
Context Therapeutics Inc. (Nasdaq: CNTX) is a clinical-stage biopharmaceutical company dedicated to advancing innovative therapies for solid tumors. Headquartered in Philadelphia, the company focuses on developing T cell engaging (TCE) bispecific antibodies, a cutting-edge immunotherapy approach that redirects the body's immune system to target and destroy cancer cells. With a robust pipeline of clinical-stage assets, Context is at the forefront of addressing unmet medical needs in oncology, particularly in hormone-dependent and underserved cancers.
Core Focus: T Cell Engaging Bispecific Antibodies
Context Therapeutics specializes in TCE bispecific antibodies, which are engineered to bind simultaneously to tumor-specific antigens and T cells, facilitating targeted immune responses against cancer cells. Their lead program, CTIM-76, targets Claudin 6 (CLDN6), a protein highly expressed in multiple solid tumors but absent in most healthy tissues, ensuring specificity and minimizing off-target effects. Additionally, their pipeline includes CT-95, a Mesothelin (MSLN) x CD3 bispecific antibody, and CT-202, a Nectin-4 x CD3 bispecific antibody, both of which are being developed to treat advanced cancers with limited therapeutic options.
Innovative Pipeline and Development Strategy
Context's pipeline reflects a strategic emphasis on addressing solid tumors with high unmet needs. The company's therapies are designed for scalability and low immunogenicity, ensuring broader accessibility and reduced adverse effects. CTIM-76 is currently in Phase 1 clinical trials, targeting gynecologic and testicular cancers, while CT-95 and CT-202 are advancing toward clinical development. Context's acquisition of promising assets like CT-95 and CT-202 underscores their commitment to building a diverse and innovative portfolio of TCE therapeutics.
Market Position and Competitive Landscape
Operating in the highly competitive oncology sector, Context Therapeutics differentiates itself through its focus on bispecific antibody technology and its ability to address limitations of first-generation therapies. By targeting tumor-specific proteins like CLDN6, MSLN, and Nectin-4, the company positions itself as a leader in developing next-generation immunotherapies. Their approach to scalable manufacturing and robust preclinical data further strengthens their competitive edge. Key competitors include other biotech firms specializing in immuno-oncology, but Context's emphasis on underserved cancer types and differentiated product profiles sets them apart.
Commitment to Addressing Unmet Medical Needs
Context Therapeutics is driven by a mission to transform the treatment landscape for solid tumors. By leveraging advanced TCE technology and focusing on cancers with limited therapeutic options, the company aims to provide hope to patients and families affected by these challenging diseases. Their strategic acquisitions, robust pipeline, and focus on innovation highlight their dedication to improving patient outcomes and advancing the field of oncology.
Context Therapeutics announced promising preclinical results for its lead candidate, ONA-XR, a progesterone receptor antagonist, at the AACR Annual Meeting 2022. The data showcases ONA-XR's potential in combination with standard therapies for hormone-positive tumors, demonstrating significant tumor regression in various preclinical models. Additionally, the company is progressing with its CLDN6xCD3 bispecific antibody program, aiming for candidate selection for IND-enabling studies by year-end. Preliminary data from ongoing Phase 2 trials is expected later this year.
Context Therapeutics announced that CEO Martin Lehr will participate in two virtual investor conferences in April 2022. The events include Canaccord Genuity's 2022 Horizons in Oncology Virtual Conference on April 14 at 8:30 a.m. ET and the 21st Annual Needham Virtual Healthcare Conference on the same day at 2:15 p.m. ET. Context is focused on developing small molecule and immunotherapy treatments for breast and gynecological cancers, with its lead candidate ONA-XR undergoing multiple clinical trials.
Context Therapeutics (Nasdaq: CNTX) announced financial results for the year ending December 31, 2021, reporting a net loss of $10.5M compared to a net income of $6.6M in 2020. The company raised $28.75M from its IPO and $31.25M in a private placement, strengthening its cash position to $49.7M, sufficient to fund operations into 2024. Context highlighted positive preclinical data for its ONA-XR candidate and plans for upcoming Phase 2 clinical trial data. The company expects preliminary results from several trials in mid-2022 and aims to introduce a new bispecific antibody candidate for ovarian and endometrial cancers.
Context Therapeutics Inc. (Nasdaq: CNTX) has announced that five abstracts will be presented at the AACR Annual Meeting 2022 from April 8-13 in New Orleans, LA. The company is focusing on its lead product candidate, onapristone extended release (ONA-XR), aimed at treating various hormone-driven female cancers. A webinar is scheduled for April 13, 2022, at 11 a.m. ET, where management will discuss these presentations and provide updates on ONA-XR's clinical program. Context has a robust clinical pipeline, including multiple ongoing trials for its promising therapies.
Context Therapeutics Inc. (Nasdaq: CNTX) announced that CEO Martin Lehr will present at the Sachs 15th Annual European Life Sciences CEO Forum on March 1-2, 2022, with on-demand viewing available. The company will also engage in one-on-one meetings from February 28 to March 4, 2022. Context focuses on developing small molecule and immunotherapy treatments for breast and gynecological cancers, particularly its lead candidate, ONA-XR, which is undergoing several clinical trials. For more details, visit their website.
Context Therapeutics announced the appointments of Christopher Beck as SVP of Operations and Mark Fletcher, Ph.D. as VP of R&D, effective January 5, 2022. These appointments come as the company approaches pivotal phases in its pipeline, particularly with its lead product candidate ONA-XR for treating women's cancers. The current Head of CMC, Bill Rencher, Ph.D., will transition to an advisory role. The new leadership team aims to advance research and development initiatives within the company, focusing on effective treatments for hormone-driven cancers.
Context Therapeutics (Nasdaq: CNTX), a women's oncology company, announced that CEO Martin Lehr will participate in two upcoming investor conferences in January 2022. The Biotech Showcase™ 2022 conference is set for January 10-12, with Lehr's panel on women's health scheduled for January 12 at 8 a.m. PST. Additionally, Context will present at the Edison Group Open House: Global Healthcare 2022 from January 25-27 and will hold one-on-one meetings. Context is focused on developing treatments for breast and gynecological cancers, with ongoing clinical trials for its lead candidate, ONA-XR.
Context Therapeutics Inc. (Nasdaq: CNTX) announced promising data from the ONAWA trial at the 2021 San Antonio Breast Cancer Symposium. The trial evaluated onapristone extended release (ONA-XR) in postmenopausal women with PR+ early breast cancer. Results indicated a significant decrease in tumor cell proliferation, especially in tumors with high PR expression. Additionally, two other trials on ONA-XR for metastatic breast cancer were presented. The data suggest ONA-XR's potential as a therapeutic option for hormone-driven cancers, with further evaluations planned in 2022.
Context Therapeutics (Nasdaq: CNTX) has successfully closed a private placement, raising approximately $31.25 million by selling 5,000,000 shares of common stock along with 5,000,000 warrants. Each share and warrant were offered at a combined price of $6.25, with a warrant exercise price also set at $6.25 and a term of five and a half years. The proceeds will enhance the company’s oncology treatment initiatives, particularly its lead candidate, ONA-XR, aimed at tackling hormone-driven breast and gynecological cancers.
Context Therapeutics Inc. (Nasdaq: CNTX) announced a $31.25 million private placement and raised $28.75 million from its IPO. The company focuses on developing treatments for breast and gynecological cancers and has initiated patient dosing in a Phase 2 clinical trial targeting ER+, PR+, HER2- metastatic breast cancer. Recent financial results report a net loss of $1.4 million for Q3 2021 and increased R&D and G&A expenses. Context expects its financial resources will sustain operations until 2024, with ongoing clinical trials for its lead candidate, ONA-XR.
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