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Corbus Pharmaceu - CRBP STOCK NEWS

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

About Corbus Pharmaceuticals Holdings, Inc.

Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) is a clinical-stage biotechnology company specializing in the development of innovative therapeutics targeting precision oncology and metabolic diseases. Headquartered in Norwood, Massachusetts, Corbus is committed to advancing science to address unmet medical needs by focusing on well-validated biological pathways. The company’s diversified pipeline is built on cutting-edge scientific approaches, making it a notable player in the biotechnology sector.

Core Business and Therapeutic Focus

Corbus operates at the intersection of precision medicine and innovative drug development, with a primary focus on oncology and obesity. The company’s lead programs target critical pathways implicated in cancer progression and metabolic disorders, leveraging advanced technologies to develop first-in-class and best-in-class therapeutics. By addressing diseases with significant unmet needs, Corbus aims to improve patient outcomes and redefine treatment standards in its chosen markets.

Pipeline Overview

  • CRB-701: A next-generation antibody-drug conjugate (ADC) targeting Nectin-4, a clinically validated tumor-associated antigen. This ADC uses a site-specific, cleavable linker and a homogenous drug-to-antibody ratio to deliver its cytotoxic payload with precision, minimizing off-target effects. CRB-701 has demonstrated promise in treating Nectin-4-positive cancers, including urothelial carcinoma (mUC) and head and neck squamous cell carcinoma (HNSCC).
  • CRB-601: An anti-integrin monoclonal antibody designed to block the activation of TGFβ, a key driver of tumor progression and immune evasion in the tumor microenvironment. This therapeutic candidate holds potential as both a monotherapy and in combination with immune checkpoint inhibitors.
  • CRB-913: A highly peripherally restricted CB1 receptor inverse agonist developed to treat obesity. By targeting the CB1 receptor, CRB-913 aims to modulate metabolic pathways without affecting the central nervous system, reducing the risk of side effects.

Scientific and Market Position

Corbus differentiates itself through its focus on precision oncology and metabolic diseases, areas of high unmet need and significant market potential. The company’s emphasis on well-understood biological pathways, such as Nectin-4 and TGFβ, underscores its commitment to developing targeted therapies with a strong scientific rationale. This approach not only enhances therapeutic efficacy but also improves safety profiles, a critical factor in oncology and metabolic treatments.

Operating in a competitive landscape, Corbus faces challenges from established pharmaceutical companies and other biotech innovators. However, its unique mechanisms of action and next-generation drug designs provide a competitive edge. By focusing on niche indications and leveraging partnerships, Corbus strengthens its market position and accelerates its development timelines.

Business Model and Revenue Generation

As a clinical-stage company, Corbus generates value through its R&D pipeline, with potential revenue streams including licensing agreements, milestone payments, and eventual product sales upon regulatory approval. The company’s strategic focus on precision medicine positions it to capitalize on market trends favoring targeted therapies and personalized treatment approaches.

Challenges and Opportunities

Corbus operates in a highly dynamic and regulated industry, where clinical trial success, regulatory approvals, and market adoption are critical to long-term viability. The company’s ability to navigate these challenges while maintaining its focus on innovation and patient-centric solutions will determine its impact in the biotechnology sector. Opportunities lie in expanding its pipeline, forming strategic collaborations, and addressing additional indications within oncology and metabolic diseases.

Conclusion

Corbus Pharmaceuticals Holdings, Inc. exemplifies innovation in precision medicine, with a diversified pipeline addressing critical gaps in oncology and obesity treatment. By leveraging its expertise in advanced drug development and targeting well-validated biological pathways, Corbus is poised to make a meaningful impact in the lives of patients with serious illnesses. Its commitment to scientific excellence and targeted therapeutics positions it as a noteworthy player in the biotechnology industry.

Rhea-AI Summary
Corbus Pharmaceuticals Holdings, Inc. (CRBP) has closed a public offering of 4,973,750 shares of its common stock, generating approximately $94.5 million before underwriting discounts and expenses. The offering price was $19.00 per share, with Jefferies as the sole book-running manager. The company also announced the exercise in full of the underwriters' option to purchase additional shares.
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Corbus Pharmaceuticals Holdings, Inc. announced the pricing of an underwritten public offering of 4,325,000 shares of its common stock at a public offering price of $19.00 per share, totaling approximately $82.2 million. The underwriters have also been granted a 30-day option to purchase up to an additional 648,750 shares of its common stock. All securities in the offering are being sold by Corbus.
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Corbus Pharmaceuticals Holdings, Inc. plans to offer and sell shares of its common stock in an underwritten registered public offering to fund the clinical development of its pipeline and for working capital and other general corporate purposes. Jefferies is acting as sole book-running manager for the offering.
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Corbus Pharmaceuticals Holdings, Inc. (CRBP) announced that data from the first-in-human clinical study of CRB-701 (SYS6002) is being presented at the 2024 American Society of Clinical Oncology Genitourinary Cancers Symposium. The study demonstrates a 43% objective response rate and 71% disease control rate at predicted therapeutically relevant doses. The drug was well-tolerated with no dose limiting toxicities observed. The study is ongoing in China and has shown promising clinical activity in multiple nectin-4 expressing tumors.
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Corbus Pharmaceuticals Holdings, Inc. announced the release of the abstract for the first-in-human Phase 1 dose escalation study of SYS6002 (CRB-701) and the upcoming presentation at the 2024 American Society of Clinical Oncology Genitourinary Cancers Symposium. The study, conducted by Corbus's partner CSPC Pharmaceutical Group in China, aims to evaluate the safety, tolerability, and preliminary anti-tumor activity of SYS6002 in patients with advanced solid tumors who have failed standard treatment. The presentation will include data as of December 2023 and will focus on the potential of SYS6002 to reduce toxicities associated with enfortumab vedotin and increase clinical convenience and patient compliance.
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Corbus Pharmaceuticals Holdings, Inc. (CRBP) announces FDA clearance for investigational new drug application of CRB-601, a potentially best-in-class TGFβ blocking monoclonal antibody targeting the integrin αvβ8. Pre-clinical data presented at the 38th Annual Meeting of the Society for Immunotherapy of Cancer (SITC) demonstrates robust anti-tumor activity in solid tumor models. The Company expects to enroll the first participant in a Phase 1 study in the first half of 2024.
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Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) announced that the Phase 1 clinical data from a dose escalation study with CRB-701 (SYS6002) has been accepted for presentation at the 2024 American Society of Clinical Oncology Genitourinary Cancers Symposium. CRB-701 is a next-generation antibody-drug-conjugate targeting nectin-4, showing promising pre-clinical data differentiation from enfortumab vedotin. Nectin-4 is a clinically validated, tumor-associated antigen in urothelial cancer, with approved use in late metastatic urothelial cancer and an expanded label for use in combination with KEYTRUDA for patients with locally advanced or metastatic urothelial carcinoma who are ineligible for cisplatin-containing chemotherapy.
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Corbus Pharmaceuticals Holdings, Inc. provided a corporate update, including the progress of their CRB-701, CRB-601, and CRB-913 programs. The company also reported a net loss of $10.1 million for the third quarter of 2023.
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Corbus Pharmaceuticals announces positive results from pre-clinical studies on CRB-601 anti-aVb8 integrin monoclonal antibody. The studies demonstrate robust anti-tumor activity and support the hypothesis that effective blockade of latent TGFβ activation enhances immune cell invasion in the tumor microenvironment. CRB-601 shows increased activity in tumors expressing αvβ8, providing a promising biomarker for patient selection. The company plans to submit its Investigational New Drug application for CRB-601 by the end of 2023.
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Corbus Pharmaceuticals announces positive results of pre-clinical study on CRB-913 cannabinoid type-1 receptor (CB1) inverse agonist
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FAQ

What is the current stock price of Corbus Pharmaceu (CRBP)?

The current stock price of Corbus Pharmaceu (CRBP) is $6.96 as of March 3, 2025.

What is the market cap of Corbus Pharmaceu (CRBP)?

The market cap of Corbus Pharmaceu (CRBP) is approximately 88.2M.

What does Corbus Pharmaceuticals specialize in?

Corbus Pharmaceuticals focuses on precision oncology and metabolic diseases, developing innovative therapies targeting validated biological pathways.

What are Corbus' key pipeline products?

Corbus’ pipeline includes CRB-701 (a Nectin-4 targeting ADC), CRB-601 (an anti-integrin monoclonal antibody), and CRB-913 (a CB1 receptor inverse agonist).

How does CRB-701 work?

CRB-701 is a next-generation ADC that targets Nectin-4 on cancer cells, delivering a cytotoxic payload with precision to minimize off-target effects.

What is the significance of CRB-601 in cancer treatment?

CRB-601 blocks TGFβ activation in the tumor microenvironment, potentially enhancing immune responses and inhibiting tumor progression.

What differentiates Corbus from other biotech companies?

Corbus focuses on precision medicine, leveraging advanced technologies and unique mechanisms of action to develop targeted therapies for unmet medical needs.

What therapeutic areas does Corbus target?

Corbus targets oncology and obesity, addressing diseases with significant unmet needs through innovative drug development.

How does Corbus generate revenue?

As a clinical-stage company, Corbus generates value through its R&D pipeline, licensing agreements, milestone payments, and future product sales.

What challenges does Corbus face?

Corbus faces challenges such as clinical trial complexities, regulatory hurdles, and competition from established pharmaceutical companies.

Where is Corbus Pharmaceuticals headquartered?

Corbus Pharmaceuticals is headquartered in Norwood, Massachusetts.

What is the focus of CRB-913?

CRB-913 is a CB1 receptor inverse agonist designed to treat obesity by modulating metabolic pathways without affecting the central nervous system.
Corbus Pharmaceu

Nasdaq:CRBP

CRBP Rankings

CRBP Stock Data

88.18M
10.80M
0.75%
103.54%
19.68%
Biotechnology
Pharmaceutical Preparations
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United States
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