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Cyclacel Pharmaceuticals, Inc - CYCC STOCK NEWS

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

Cyclacel Pharmaceuticals, Inc (symbol: CYCC) is a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative targeted therapies for cancer and other proliferative diseases. Headquartered in London, United Kingdom, Cyclacel is at the forefront of creating novel drugs that target the cell cycle, specifically through CDK (cyclin-dependent kinase) inhibitors and PLK (polo-like kinase) inhibitors.

The company's pipeline includes several promising candidates:

  • Fadraciclib: A CDK2/9 inhibitor, fadraciclib is in development for the treatment of solid tumors and lymphoma. Recent data supports its ongoing development, showcasing its potential as a crucial therapy for these conditions.
  • Sapacitabine: An oral nucleoside analogue, sapacitabine is being developed for the treatment of acute myeloid leukemia (AML) and other hematologic malignancies.
  • Plogosertib: A PLK1 inhibitor, plogosertib is being studied for its efficacy in treating various cancers.

Cyclacel's approach to drug development is underscored by its focus on the cell cycle, which is a fundamental process that cells go through as they grow and divide. By targeting specific phases of the cell cycle, Cyclacel aims to disrupt the proliferation of cancer cells, thereby offering new treatment options for patients with limited alternatives.

The financial condition of Cyclacel Pharmaceuticals is reflective of a typical clinical-stage company, with significant investment in research and development activities. The company continues to seek partnerships and collaborations to advance its drug candidates through clinical trials and regulatory approval processes.

With a robust pipeline and a strategic focus on cell cycle inhibitors, Cyclacel Pharmaceuticals is making significant strides in the biopharmaceutical industry. Investors and stakeholders should keep an eye on Cyclacel’s progress as it continues to achieve milestones and contribute to the development of breakthrough cancer therapies.

Rhea-AI Summary
Cyclacel Pharmaceuticals, Inc. will announce its fourth quarter and full year 2023 financial results on March 19, 2024. The company focuses on developing innovative cancer medicines. A conference call will be held the same day at 4:30pm ET, with webcast and replay options available.
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Cyclacel Pharmaceuticals, Inc. announces preclinical data supporting the development of fadraciclib, a novel CDK2/9 inhibitor, in patients with solid tumors and lymphoma. The data will be presented at the AACR Annual Meeting 2024, showcasing the activity and antitumor effects of fadraciclib in various cancer cell lines.
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Cyclacel Pharmaceuticals, Inc. receives £2.3 million R&D tax credit from HMRC, providing non-dilutive capital for innovative cancer treatments.
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Cyclacel Pharmaceuticals, Inc. announces CEO's presentation at the 2024 BIO CEO & Investor Conference. The presentation will cover business overview and programs, with meetings available for conference attendees.
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Cyclacel Pharmaceuticals, Inc. announces the appointment of Dr. Brian Schwartz as the interim Chief Medical Officer, succeeding Dr. Mark Kirschbaum. Dr. Schwartz brings extensive clinical and product development experience in oncology and hematology. The company plans to enter mid-stage development following recent discoveries of potential precision medicine approaches for its clinical candidates, oral fadraciclib and oral plogosertib. Dr. Schwartz's experience is expected to guide the team to deliver key value inflection milestones and communicate these to the investment community as the company advances its business strategy.
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Cyclacel Pharmaceuticals, Inc. (CYCC, CYCCP) has regained compliance with the minimum bid price requirement set forth by Nasdaq, ensuring continued listing on the Nasdaq Capital Market.
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Cyclacel Pharmaceuticals, Inc. (CYCC, CYCCP) announced that Spiro Rombotis, President & CEO, will present an overview of its business and provide updates on its clinical programs at Biotech Showcase on January 8-10, 2024, in San Francisco, California.
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Cyclacel Pharmaceuticals, Inc. (CYCC, CYCCP) announced a registered direct offering of 388,200 shares of common stock at $3.315 per share, along with unregistered warrants to purchase up to 388,200 shares at $3.19 per share, expected to close on Dec. 22, 2023.
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Cyclacel Pharmaceuticals, Inc. (CYCC) announced positive interim results from its Phase 1 study of fadraciclib (fadra) in patients with advanced solid tumors and lymphoma. Fadra showed promising anticancer activity as a single agent, especially in patients with CDKN2A, CDKN2B and/or MTAP deletions. The company also reported encouraging results from its plogosertib dose escalation study.
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Cyclacel Pharmaceuticals, Inc. (CYCC, CYCCP) will implement a 1-for-15 Reverse Stock Split of its common stock to comply with the minimum bid price requirement for maintaining its listing on The Nasdaq Capital Market. The Reverse Stock Split will reduce the outstanding common stock from approximately 12.6 million shares to approximately 0.84 million shares, impacting all holders of the Company’s common stock proportionally. Equiniti Trust Company, LLC, is acting as exchange agent for the Reverse Stock Split.
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FAQ

What is the current stock price of Cyclacel Pharmaceuticals (CYCC)?

The current stock price of Cyclacel Pharmaceuticals (CYCC) is $0.3176 as of December 24, 2024.

What is the market cap of Cyclacel Pharmaceuticals (CYCC)?

The market cap of Cyclacel Pharmaceuticals (CYCC) is approximately 2.0M.

What does Cyclacel Pharmaceuticals specialize in?

Cyclacel Pharmaceuticals specializes in developing targeted therapies for cancer and other proliferative diseases by focusing on cell cycle inhibitors.

Where is Cyclacel Pharmaceuticals headquartered?

Cyclacel Pharmaceuticals is headquartered at 46-48 E Smithfield, London, United Kingdom.

What are the key drug candidates in Cyclacel's pipeline?

The key drug candidates in Cyclacel's pipeline are fadraciclib, sapacitabine, and plogosertib.

What is fadraciclib?

Fadraciclib is a novel CDK2/9 inhibitor being developed by Cyclacel for the treatment of solid tumors and lymphoma.

What recent achievements has Cyclacel made?

Cyclacel recently reported data supporting the ongoing development of fadraciclib in patients with solid tumors and lymphoma.

What type of company is Cyclacel Pharmaceuticals?

Cyclacel Pharmaceuticals is a clinical-stage biopharmaceutical company.

What is sapacitabine?

Sapacitabine is an oral nucleoside analogue being developed for the treatment of acute myeloid leukemia (AML) and other hematologic malignancies.

What is plogosertib?

Plogosertib is a PLK1 inhibitor being studied by Cyclacel for its efficacy in treating various cancers.

What is the significance of cell cycle inhibitors in cancer treatment?

Cell cycle inhibitors target specific phases of the cell cycle to disrupt the proliferation of cancer cells, offering new treatment options for patients.

How can investors stay updated on Cyclacel's progress?

Investors can stay updated on Cyclacel's progress by following their latest news and developments, available on financial news platforms and the company's official website.

Cyclacel Pharmaceuticals, Inc

Nasdaq:CYCC

CYCC Rankings

CYCC Stock Data

2.00M
6.19M
4.82%
18.03%
3.1%
Biotechnology
Pharmaceutical Preparations
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United States of America
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