Welcome to our dedicated page for Curis news (Ticker: CRIS), a resource for investors and traders seeking the latest updates and insights on Curis stock.
Curis Inc. (NASDAQ: CRIS) is a biotechnology company dedicated to the development and commercialization of groundbreaking drug candidates aimed at treating human cancers. Established as a significant player in the biotech sector, Curis is renowned for its focus on immuno-oncology and precision oncology therapeutic areas.
Core Business and Pipeline
Curis's pipeline is robust, featuring a number of promising drug candidates. One of its leading drugs is Emavusertib (CA-4948), an orally available, small molecule IRAK4 inhibitor currently undergoing clinical trials. The trials include the Phase 1/2 TakeAim Lymphoma study, which targets hematologic malignancies such as non-Hodgkin's lymphoma, and the Phase 1/2 TakeAim Leukemia study aimed at acute myeloid leukemia and myelodysplastic syndrome. Emavusertib has already received Orphan Drug Designation from the U.S. Food and Drug Administration.
Curis is also investigating other candidates such as CUDC-907, which focuses on relapsed or refractory diffuse large B-cell lymphoma with alterations in the MYC oncogene, and other small molecule antagonists like CA-170 and CA-327, designed to inhibit pathways such as PD1, VISTA, and TIM3.
Collaborations & Partnerships
Curis has forged a strategic collaboration with Aurigene, granting it exclusive licenses to several promising molecules. This partnership enhances Curis's ability to innovate in the areas of immuno-oncology and precision oncology, specifically with oral small molecule antagonists. Additionally, Curis has licensed its rights to Erivedge® to Genentech, which is commercializing the drug for advanced basal cell carcinoma under the Roche Group.
Recent Achievements and Financial Condition
Curis has recently presented data from multiple clinical studies at prestigious conferences such as the American Society of Hematology (ASH) and the European Hematology Association (EHA), showcasing promising results from its ongoing trials. The company reported a net loss of $47.4 million for the year ended December 31, 2023, but continues to maintain a strong cash position with $56.3 million in cash, cash equivalents, and investments.
Curis's ongoing research and development efforts are backed by substantial funding and strategic partnerships, enabling the company to sustain its operations and advance its pipeline into the year 2025.
For more information, visit Curis's website at www.curis.com.
Curis, Inc. (NASDAQ: CRIS) is set to release its fourth quarter 2020 financial results on March 16, 2021, after US market close. A conference call hosted by management will occur at 4:30 pm ET on the same day. Investors can access the call by dialing (888) 346-6389 or (412) 317-5252 internationally. Curis specializes in innovative cancer therapeutics and has collaborations focused on immuno-oncology. Their ongoing studies involve CA-4948 for non-Hodgkin's lymphoma and acute myeloid leukemia, while also collaborating with Genentech on Erivedge® for advanced basal cell carcinoma.
Curis, Inc. (NASDAQ: CRIS) announced that CEO James Dentzer will present a company overview at the H.C. Wainwright & Co. Global Life Sciences Conference on March 9, 2021. A pre-recorded presentation will be accessible starting at 7:00 am ET. The presentation will be available on-demand on Curis's website under 'Events & Presentations' for about 90 days. Curis specializes in cancer therapeutics, with ongoing trials for treatments targeting various cancers, including non-Hodgkin's lymphoma and acute myeloid leukemia.
Curis, a biotechnology firm specializing in cancer therapeutics, announced that CEO James Dentzer will present at the SVB Leerink 10th Annual Global Healthcare Conference on February 26, 2021, at 1:40 PM ET. A live webcast of the presentation will be accessible on Curis' website, with a replay available for 90 days. Curis is known for its innovative collaborations in immuno-oncology, including exclusive licenses for several small molecule antagonists and kinase inhibitors currently in clinical trials. For further details, visit www.curis.com.
Curis, Inc. (NASDAQ: CRIS) has initiated its Phase 1 trial for CA-4948, a novel IRAK4 kinase inhibitor combined with ibrutinib, targeting relapsed or refractory hematologic malignancies. The trial aims to assess safety, pharmacokinetics, and clinical activity, enrolling approximately 18 patients. Preliminary results from prior studies indicate potential tumor volume reduction with CA-4948. The trial aims to leverage existing clinical sites to expedite progress. However, challenges remain, including the need for further funding and the inherent risks associated with drug development.
Curis, Inc. (CRIS) announced the launch of a Phase 2 trial called LUCAS to evaluate CA-4948, an IRAK4 kinase inhibitor, for anemia treatment in myelodysplastic syndromes (MDS) patients. The trial aims to enroll 84 patients, focusing on efficacy and safety, with recruitment starting in Q2 2021. Positive preliminary data from previous studies supports exploring CA-4948 for lower-risk MDS. The initiative involves collaboration with Dr. Uwe Platzbecker, enhancing Curis' clinical efforts in cancer therapeutics.
Curis, Inc. (NASDAQ: CRIS), a biotech firm specializing in cancer therapeutics, announced that CEO James Dentzer will participate in a fireside chat at the B. Riley Securities Virtual Oncology Investor Conference on January 21, 2021, at 11:00 am ET. A live webcast will be available on Curis's website, with a replay accessible for 90 days post-event. Curis collaborates with Aurigene on immuno-oncology and has ongoing trials for oncology treatments including CA-4948 and CI-8993.
On January 4, 2021, Curis (NASDAQ: CRIS) announced the grant of inducement stock options totaling 185,000 shares to three new employees. These options have an exercise price based on the company's closing stock price on the same day and a vesting period over four years. Each option vests 25% after the first year, followed by 6.25% every three months. This grant was made to incentivize new hires as part of the company's strategy to enhance its talent pool in the competitive biotechnology sector.
Curis, Inc. (NASDAQ: CRIS) has announced that CEO James Dentzer will present at the H.C. Wainwright & Co. Bioconnect 2021 Virtual Conference. The presentation will be available for on-demand viewing starting January 11, 2021, at 6:00 am ET. A live webcast can be accessed on the company's website under "Events & Presentations". Curis focuses on developing cancer therapeutics, with current collaborations on innovative treatments including CA-4948 and CI-8993, both in clinical trials. For more details, visit www.curis.com.
Curis, Inc. (NASDAQ: CRIS) has concluded its public offering of 29.5 million shares at $5.75 each, raising approximately $159.1 million in net proceeds. The offering included an option for underwriters to purchase an additional 3.8 million shares. Funds will be used to advance the development of cancer therapeutics CA-4948 and CI-8993, and to support general working capital until 2023. The offering was executed under a previously filed registration statement with the SEC.
Curis, Inc. (NASDAQ:CRIS) announced the pricing of a public offering of 25,652,174 shares at $5.75 per share, totaling approximately $147.5 million in gross proceeds. The offering is expected to close around December 11, 2020, pending customary conditions. Proceeds will be used for the development of CA-4948 and CI-8893, along with general working capital. The offering is made under a shelf registration statement and involves underwriters such as Cantor Fitzgerald & Co. and JonesTrading Institutional Services.
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