STOCK TITAN

COHBAR INC - CWBR STOCK NEWS

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

CohBar Inc. (NASDAQ: CWBR) is a pioneering biotechnology company dedicated to transforming the way we approach chronic and age-related diseases. By harnessing the power of mitochondria through its innovative Mitochondria-Based Therapeutics (MBTs), the company is opening new frontiers in treating conditions that currently have limited or no treatment options.

CohBar's core business revolves around the discovery and development of therapeutic peptides encoded within the mitochondrial genome. These peptides, discovered by the company's founding scientists who are leaders in the fields of aging, metabolism, and mitochondrial genomics, have shown promise in addressing a wide array of diseases including type 2 diabetes, cancer, atherosclerosis, and neurodegenerative disorders.

Currently, CohBar is in the clinical-stage of development with several exciting projects in its pipeline. The company's most recent achievements include successful advancements in clinical trials and ongoing research into new peptide candidates. Financially, CohBar remains committed to maintaining a robust cash position to support its research and development activities.

Partnerships play a crucial role in CohBar's strategy. The company collaborates with leading academic institutions and other biotech firms to enhance its research capabilities and expedite the development of its therapeutic candidates.

Recent news highlights include the summary and financial results for the second quarter of 2023, showcasing CohBar's continuous progress and commitment to its mission. The company has also announced a proposed merger with Morphogenesis, which is expected to create significant synergies and enhance the combined entity's market presence.

For more detailed information about CohBar, its projects, and recent updates, visit their official website or follow them on LinkedIn. Investors are encouraged to contact the company directly at investors@cohbar.com for further inquiries.

Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) announced significant leadership changes, transitioning founding board members to a reconstituted Scientific Advisory Board and appointing Kent Grindstaff, Ph.D., as Senior Vice President of Research, effective January 4, 2022. This move follows the resignation of Chief Scientific Officer Ken Cundy, effective March 31, 2022. These changes aim to strengthen CohBar's capabilities in developing mitochondria-based therapeutics. CEO Joseph Sarret expressed optimism about the company's pipeline, particularly following positive results in trials for NASH and obesity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
management
-
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) announced its CEO, Joseph Sarret, will participate in the BIO webinar on December 2, 2021, at 1:00pm ET. This session, featuring notable executives from various biotech firms, aims to help attendees strategize for JPM Week. CohBar focuses on developing mitochondria-based therapeutics to treat chronic diseases. The company’s lead compound, CB4211, recently completed a Phase 1a/1b trial for NASH and obesity, while CB5138-3 targets idiopathic pulmonary fibrosis. Registration for the webinar is free and available online.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
Tags
conferences
-
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) reported its third-quarter financial results for 2021, highlighting significant progress in its clinical studies and financial standing. The company showcased positive topline data from its Phase 1a/1b study of CB4211 for NASH and obesity, meeting primary endpoints while demonstrating safety and tolerability. CohBar also secured a U.S. patent for CB4211, completed a $15M financing, and recently gained coverage from Cantor Fitzgerald. However, cash reserves decreased from $21M to $15M, and net loss rose to $3.4M, or $0.05 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.61%
Tags
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) plans to release its third quarter 2021 financial results after market closure on November 15, 2021. The company, engaged in developing mitochondria-based therapeutics for chronic diseases, will host a conference call at 5:00 p.m. ET to discuss these results and provide a business update. Interested participants can dial in using the provided numbers. An audio replay will be available from 8:00 p.m. ET on November 15 through December 6, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.06%
Tags
-
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) announced an underwritten public offering of 20,833,334 shares of common stock and warrants at $0.72 each, aimed at raising approximately $15.0 million before expenses. The offering is set to close around November 1, 2021, subject to standard conditions. Funds will support general corporate purposes, including preclinical and clinical developments. Cantor Fitzgerald & Co. is the lead manager, with Brookline Capital Markets assisting. The offering leverages an existing SEC registration effective since August 24, 2020.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.78%
Tags
-
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) announced a proposed underwritten public offering of its common stock and accompanying warrants. The offering, managed by Cantor Fitzgerald & Co. and Brookline Capital Markets, is subject to market conditions and uncertainties regarding completion. Proceeds will be utilized for general corporate purposes, including funding clinical developments and operating expenses. The offering will be conducted pursuant to an effective shelf registration statement filed with the SEC. There is no assurance on the offering's size or terms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.78%
Tags
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) announced that data from its Phase 1a/1b study of CB4211, aimed at treating nonalcoholic fatty liver disease (NAFLD), will be presented at the AASLD Annual Meeting from November 12-15, 2021. The trial showed significant reductions in ALT, AST, and glucose levels after four weeks of treatment. CB4211 is a novel mitochondria-based therapeutic also targeting nonalcoholic steatohepatitis (NASH) and obesity. The presentation will be given by Dr. Rohit Loomba, with the findings set to influence future clinical research and treatment strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
-
Rhea-AI Summary

CohBar (NASDAQ: CWBR) announced that its CEO, Dr. Joseph Sarret, will present an overview of the company at the H.C. Wainwright 5th Annual NASH Investor Conference on October 12, 2021, at 12:00pm ET. The presentation will cover the company’s focus on mitochondria-based therapeutics for chronic diseases. CohBar has made significant advancements, including a successful Phase 1a/1b trial for CB4211, targeting NASH and obesity. A replay of the webcast will be available for two weeks following the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.6%
Tags
conferences
-
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) appointed Dr. Joanne Yun as an independent director effective September 14, 2021. Dr. Yun brings extensive experience from the pharmaceutical sector, having held key positions in research, development, and strategic planning. Her expertise is expected to enhance CohBar's mission to develop mitochondria-based therapeutics for chronic diseases. This includes the promising CB4211 compound, which has shown positive results in clinical trials. The Board's confidence in Dr. Yun's capabilities suggests potential future success in advancing the company's therapeutic pipeline.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
Tags
management
Rhea-AI Summary

CohBar, Inc. (NASDAQ: CWBR) has announced the grant of U.S. Patent No. 11,111,271, protecting its lead candidate CB4211 for treating nonalcoholic steatohepatitis (NASH) and obesity. This patent extends to at least 2037, strengthening CohBar's intellectual property portfolio which now includes 13 patents. CB4211 has completed a successful Phase 1a/1b clinical trial, demonstrating positive effects on liver injury and metabolic health. The company aims to secure comprehensive patent protection while advancing its innovative mitochondria-based therapeutics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.07%
Tags
none

FAQ

What is the current stock price of COHBAR (CWBR)?

The current stock price of COHBAR (CWBR) is $0.88 as of May 24, 2024.

What is the market cap of COHBAR (CWBR)?

The market cap of COHBAR (CWBR) is approximately 2.3M.

What does CohBar Inc. specialize in?

CohBar specializes in the research and development of Mitochondria-Based Therapeutics (MBTs) for treating chronic and age-related diseases.

What are Mitochondria-Based Therapeutics (MBTs)?

MBTs are a novel class of drugs derived from peptides encoded within the mitochondrial genome, aimed at treating diseases such as type 2 diabetes, cancer, and neurodegenerative disorders.

Who founded CohBar Inc.?

CohBar was founded by world-renowned scientists who are leaders in the fields of aging, metabolism, and mitochondrial genomics.

What recent achievements has CohBar made?

Recent achievements include advancements in clinical trials and ongoing research into new peptide candidates, as well as a proposed merger with Morphogenesis.

What diseases are targeted by CohBar’s therapies?

CohBar's therapies target a range of diseases including type 2 diabetes, cancer, atherosclerosis, and neurodegenerative disorders.

Is CohBar financially stable?

CohBar is committed to maintaining a robust cash position to support its research and development activities, ensuring financial stability.

How does CohBar collaborate with other entities?

CohBar collaborates with leading academic institutions and biotech firms to enhance its research capabilities and expedite the development of its therapeutic candidates.

What is the significance of the proposed merger with Morphogenesis?

The proposed merger with Morphogenesis is expected to create significant synergies and enhance the market presence of the combined entity.

How can investors get in touch with CohBar?

Investors can contact CohBar directly via email at investors@cohbar.com for further inquiries.

Where can I find more information about CohBar?

For more detailed information, visit CohBar’s official website or follow them on LinkedIn.

COHBAR INC

Nasdaq:CWBR

CWBR Rankings

CWBR Stock Data

2.33M
2.47M
15.09%
6.26%
0.5%
Biotechnology
Healthcare
Link
United States of America
Menlo Park