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Contineum Therapeutics - CTNM STOCK NEWS

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

Overview of Contineum Therapeutics Inc

Contineum Therapeutics Inc is a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel, oral small molecule therapies. Operating within the competitive landscape of advanced drug development, the company focuses on addressing high unmet needs in NI&I indications, including critical conditions such as idiopathic pulmonary fibrosis (IPF), depression, and relapsing-remitting multiple sclerosis (RRMS). By emphasizing internal innovation, Contineum Therapeutics leverages scientific insights to develop targeted therapies that modulate specific molecular pathways, such as the inhibition of LPA1 receptors and selective modulation of muscarinic type 1 receptors.

Innovative Drug Pipeline

The company has strategically positioned its research and development efforts around two key drug candidates. The first, an orally administered, brain penetrant small molecule inhibitor targeting the LPA1 receptor (PIPE-791), is being developed for diseases like IPF. This approach illustrates the company's commitment to understanding and intervening in complex pathophysiological mechanisms. The second candidate, a selective inhibitor of the muscarinic type 1 receptor (PIPE-307), is designed to intervene in biological processes underlying neuropsychiatric and demyelinating conditions such as depression and RRMS. By focusing on these molecular targets, Contineum Therapeutics aims to deliver therapies that could potentially improve outcomes in areas with limited existing treatment options.

Scientific and Clinical Focus

In the realm of clinical biopharmaceutical development, understanding the intricacies of receptor-mediated signaling is critical. Contineum Therapeutics employs advanced medicinal chemistry and rigorous preclinical evaluation to optimize the pharmacological profile of its candidates. The company’s focus on oral delivery systems further aligns with the growing preference for non-invasive treatment modalities, enhancing patient adherence and therapeutic effectiveness. Key industry terms such as "small molecule inhibitors", "brain penetrant compounds", and "selective receptor modulation" are integral to appreciating the technical rigor behind the developmental strategy.

Market Position and Competitive Landscape

Contineum Therapeutics occupies a unique niche in the biotechnology sector, characterized by its focus on diseases with high unmet needs. Within a competitive landscape populated by both large pharmas and specialized biotech firms, the company distinguishes itself through its internally powered discovery and development platform. Rather than relying on out-licensing models, the firm’s investment in novel chemical entities and tailored mechanistic approaches underlines its commitment to scientific excellence and precision medicine. This detailed focus not only underpins its clinical development strategy but also enhances its reputation among peers and stakeholders as an innovator within the therapeutics space.

Operational Excellence and Strategic Vision

Structured around a robust research ethos, Contineum Therapeutics maintains a dynamic pipeline that evolves through various stages of clinical evaluation. The company’s methodical approach emphasizes safety, efficacy, and targeted modulation of disease pathways. Its operational model integrates early-stage discovery with rigorous clinical testing, ensuring that each candidate is backed by comprehensive data and scientific rationale. While the company remains in the clinical stage, its established research methodologies and detailed understanding of disease biology position its drug candidates as promising assets in the high-demand sectors of respiratory and neuropsychiatric therapeutics.

Conclusion

In summary, Contineum Therapeutics Inc is an exemplar of modern biopharmaceutical innovation, defined by its commitment to discovering and refining targeted, oral small molecule therapies. Through its focused efforts on critical disease pathways and strategic drug candidate development, the company contributes to a broader understanding of therapeutic interventions in conditions marked by unmet medical needs. Its detailed and methodical approach, underpinned by scientific rigor and operational excellence, solidifies its standing as a credible and knowledgeable entity within the clinical biopharmaceutical industry.

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Contineum Therapeutics (NASDAQ: CTNM) has appointed Diego Miralles, M.D. to its Board of Directors, effective March 14, 2025. Dr. Miralles, currently CEO of AZURNA Therapeutics, brings extensive experience in novel therapy development and clinical trials.

Dr. Miralles' career includes leadership roles at Laronde Inc. (2020-2022), Vividion Therapeutics (2017-2020), and Johnson & Johnson (2007-2016). He currently serves on the board of Artiva Biotherapeutics and chairs its Clinical Strategy Committee. His academic background includes an M.D. from the University of Buenos Aires, residency at Mayo Clinic, and fellowship at The New York Hospital/Cornell University.

Contineum, a clinical-stage biopharmaceutical company, focuses on developing therapies for neuroscience, inflammation, and immunology (NI&I) indications. The company is preparing to initiate multiple proof-of-concept clinical trials.

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Contineum Therapeutics (NASDAQ: CTNM), a clinical-stage biopharmaceutical company focused on developing therapies for neuroscience, inflammation and immunology (NI&I) conditions, has announced its upcoming participation at the Stifel 2025 Virtual CNS Forum.

The company's management will deliver a presentation on Tuesday, March 18th at 12:30 p.m. ET. Interested parties can access the audio webcast through the Investors section of Contineum's website, where a replay will also be made available.

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Contineum Therapeutics (NASDAQ: CTNM) has reported its Q4 2024 financial results and clinical development milestones. The company ended Q4 2024 with $204.8 million in cash and equivalents, projecting runway through 2027.

Key upcoming milestones include:

  • PIPE-791 Phase 1b PET trial topline data expected in Q2 2025
  • PIPE-307 Phase 2 VISTA trial data for RRMS treatment anticipated in H2 2025
  • Phase 2 proof-of-concept trials for IPF and PrMS planned for H2 2025
  • PIPE-791 Phase 1b chronic pain trial topline data expected in early 2026

Financial highlights show R&D expenses at $13.0 million (62% increase YoY), G&A expenses at $4.0 million, and a net loss of $14.6 million for Q4 2024.

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Contineum Therapeutics (NASDAQ: CTNM) has initiated patient dosing in a Phase 1b trial for PIPE-791, a novel brain penetrant small molecule antagonist targeting chronic pain treatment. The randomized, double-blind, placebo-controlled, crossover trial will evaluate the drug's safety, tolerability, and pain reduction effectiveness.

The study focuses on chronic pain associated with osteoarthritis (OA) and low back pain (LBP). The trial will enroll approximately 40 patients across five U.S. sites, with a 28-day treatment duration. Topline data is expected in early 2026.

PIPE-791 works by blocking the lysophosphatidic acid 1 receptor (LPA1R), potentially modifying maladaptive changes in the central nervous system associated with chronic pain. The drug aims to provide a non-opioid treatment alternative for patients suffering from OA and LBP.

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Contineum Therapeutics (NASDAQ: CTNM), a clinical-stage biopharmaceutical company focused on developing therapies for neuroscience, inflammation and immunology (NI&I) conditions, has announced its upcoming participation at the 2025 Leerink Partners Global Healthcare Conference.

The company's management will deliver a presentation on Tuesday, March 11th at 3:00 p.m. ET. Interested parties can access the audio webcast through the Investors section of Contineum's website, where a replay will also be made available.

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Contineum Therapeutics (NASDAQ: CTNM) has completed enrollment of 168 patients in its Phase 2 PIPE-307 VISTA trial for treating relapsing-remitting multiple sclerosis (RRMS). The trial, designed to assess safety and efficacy, will evaluate multiple clinical and imaging endpoints sensitive to remyelination changes in RRMS patients.

PIPE-307, being developed under a global license agreement with Janssen Pharmaceutica NV, is positioned as a potentially first-in-class M1 receptor antagonist. The Phase 2 study is randomized, double-blind, placebo-controlled, and multi-center. The last patient is expected to complete the trial in Q3 2025, with enrollment completion achieved ahead of schedule in December 2024.

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Contineum Therapeutics (NASDAQ: CTNM) has initiated patient dosing in its Phase 1b PET trial for PIPE-791, a novel brain penetrant small molecule antagonist targeting the LPA1 receptor. The open-label, single-center trial aims to evaluate receptor occupancy in the brain and lungs of multiple patient cohorts, including healthy volunteers, idiopathic pulmonary fibrosis (IPF), and progressive multiple sclerosis (PrMS) patients.

The study will measure the correlation between pharmacokinetics and receptor occupancy using PET imaging. The company expects to release topline data in the second quarter of 2025. The trial is registered under NCT06683612.

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Contineum Therapeutics (NASDAQ: CTNM), a clinical stage biopharmaceutical company developing oral small molecule therapies for neuroscience, inflammation and immunology conditions, has announced its participation in the 7th Annual Evercore HealthCONx Conference. The company's management will engage in a fireside chat on December 4, 2024, at 11:15 a.m. ET in Miami. The event will be accessible via audio webcast through Contineum's website's Investors section, with a replay option available.

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Contineum Therapeutics (NASDAQ: CTNM) received FDA authorization for its IND application for PIPE-791, targeting chronic pain treatment. The company plans to commence a Phase 1b study in Q1 2025 for osteoarthritis and low back pain treatment. The study will be randomized, double-blind, placebo-controlled, involving approximately 40 patients across five sites with a 28-day treatment duration. Topline data is expected in early 2026. PIPE-791 is a novel brain penetrant small molecule antagonist of LPA1R, targeting neuropathic pain components. The company's cash position of $213.9 million is expected to fund operations through 2027.

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Contineum Therapeutics (NASDAQ: CTNM), a clinical stage biopharmaceutical company developing oral small molecule therapies for neuroscience, inflammation and immunology conditions, has announced its participation in two major investor conferences in November 2024.

The company will attend the Stifel 2024 Healthcare Conference in New York on November 18, where CEO Carmine Stengone will present at 4:10 p.m. ET. Additionally, management will participate in one-on-one meetings at the Jefferies 2024 London Healthcare Conference on November 21. The Stifel presentation will be available via webcast on Contineum's website with replay access.

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FAQ

What is the current stock price of Contineum Therapeutics (CTNM)?

The current stock price of Contineum Therapeutics (CTNM) is $6.46 as of April 1, 2025.

What is the market cap of Contineum Therapeutics (CTNM)?

The market cap of Contineum Therapeutics (CTNM) is approximately 170.5M.

What is the primary focus of Contineum Therapeutics?

Contineum Therapeutics is focused on discovering and developing novel, oral small molecule therapies to address high unmet needs in various clinical indications.

Which therapeutic areas is the company targeting?

The company is targeting conditions such as idiopathic pulmonary fibrosis (IPF), depression, and relapsing-remitting multiple sclerosis (RRMS) through its innovative drug candidates.

How does PIPE-791 contribute to their pipeline?

PIPE-791 is a brain penetrant small molecule inhibitor of the LPA1 receptor, developed with the potential to intervene in complex pathways associated with IPF.

What role does PIPE-307 play in their clinical strategy?

PIPE-307, a selective inhibitor of the muscarinic type 1 receptor, is designed to tackle neuropsychiatric and demyelinating conditions, enhancing the company’s diversified therapeutic approach.

How does Contineum Therapeutics differentiate itself in the biopharmaceutical market?

The company differentiates itself through its internally-powered discovery platform, focus on targeted receptor modulation, and commitment to developing oral therapies that address significant unmet clinical needs.

What kind of research and development approach does the company follow?

Contineum Therapeutics employs a rigorous research and development methodology that emphasizes medicinal chemistry, preclinical assessment, and clinical evaluation to optimize its drug candidates.
Contineum Therapeutics

Nasdaq:CTNM

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170.49M
16.37M
6.94%
82.57%
3.16%
Biotechnology
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