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.
Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, CYCCP) will announce its fourth quarter and full year 2021 financial results on March 28, 2022. A conference call and live webcast are scheduled for 4:30 p.m. EDT on the same day. The call can be accessed through U.S./Canada and international lines. Cyclacel is focused on developing innovative cancer medicines, including fadraciclib and CYC140. The company emphasizes a diversified pipeline and ongoing research in oncology and hematology to address critical medical needs.
Cyclacel Pharmaceuticals (NASDAQ: CYCC, CYCCP) announced its participation in the 32nd Annual Oppenheimer Healthcare Conference. Management will present on the Targeted Oncology Panel on March 14, 2022, at 10:00 AM ET in a fireside chat format. Additionally, the company will have a separate presentation on March 17, 2022, from 12:40 PM to 1:10 PM ET. Both sessions will be accessible via registration links, and replays will be available for 90 days. Cyclacel focuses on developing innovative cancer treatments based on cell cycle and transcriptional regulation.
Cyclacel Pharmaceuticals announced its participation in the 2022 BIO CEO & Investor Conference from February 14-17, 2022. The event will include 1-on-1 virtual meetings with senior management and an on-demand presentation available from February 11, 2022. Cyclacel focuses on developing innovative cancer medicines, including fadraciclib, a CDK2/9 inhibitor, and CYC140, a PLK1 inhibitor. Interested parties can access the presentation on Cyclacel's website for 90 days post-conference.
Cyclacel Pharmaceuticals provided a business update on January 6, 2022, highlighting its achievements in 2021 and objectives for 2022. The company initiated two registration-directed trials for its lead candidate, oral fadraciclib, an oral CDK2/9 inhibitor, aiming to address solid tumors and hematological malignancies. Additionally, they received FDA clearance for a Phase 1/2 study of CYC140, a PLK1 inhibitor. Cyclacel raised $14.5 million in early 2021, ensuring financial stability until early 2023, with key data readouts expected in 2022.
Cyclacel Pharmaceuticals (NASDAQ: CYCC, CYCCP) announced participation in the Biotech Showcase 2022 Virtual Conference on January 10-12, 2022. CEO Spiro Rombotis will present an overview of the company and engage in virtual meetings. He will also lead a workshop titled “Outsmarting Cancer: Next Generation Therapies” on January 10 at 8:00 AM PT/11:00 AM ET. The conference presentation and archived webcast will be accessible on the company’s website for 90 days after January 3, 2022, enhancing investor insight into Cyclacel's innovative cancer therapies.
Cyclacel Pharmaceuticals reported its Q3 2021 financial results, highlighting ongoing clinical studies for fadraciclib and CYC140. The company is currently enrolling patients in two Phase 1/2 studies for fadraciclib in leukemia and advanced solid tumors. As of September 30, 2021, Cyclacel had $40.2 million in cash, projecting a runway through early 2023. R&D expenses rose to $4.2 million from $1.1 million in Q3 2020, primarily due to increased clinical trial activities. The net loss for the quarter was $5.0 million, up from $2.3 million in the same period last year.
Cyclacel Pharmaceuticals has initiated dosing for the first patient in a multi-cohort Phase 1/2 trial of fadraciclib, a next-generation CDK2/9 inhibitor, targeting patients with leukemias and myelodysplastic syndromes (MDS). This follows the company's recent progress in a solid tumor and lymphoma study. The trial aims to define the recommended Phase 2 dose and will explore fadraciclib both as a single agent and in combination therapies, potentially establishing new treatment options for these patients.
Cyclacel Pharmaceuticals (NASDAQ: CYCC, CYCCP) will announce its third quarter financial results and provide a business update on November 10, 2021, at 4:30 p.m. Eastern Time. The company specializes in developing innovative cancer medicines targeting cell cycle and transcriptional regulation. Key programs include fadraciclib, a CDK2/9 inhibitor, and CYC140, a PLK1 inhibitor. A conference call will be hosted where stakeholders can participate and access details through the company's website.
Cyclacel Pharmaceuticals will participate in three investor conferences in September 2021, highlighting its commitment to engaging with the investment community. The conferences include the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, the Oppenheimer Fall Healthcare Life Sciences and MedTech Summit on September 20-22, and the Cantor Fitzgerald Global Healthcare Conference from September 27-30. Cyclacel is focused on developing innovative cancer medicines and will showcase its pipeline during these events.
Cyclacel Pharmaceuticals (NASDAQ: CYCC, CYCCP) announced the dosing of its first three patients with advanced solid tumors in the Phase 1/2 trial of oral fadraciclib. This trial will assess the drug's efficacy across various cancer types, building on previous positive data. The company is also preparing to initiate the CYC140 study targeting KRAS mutant cancers. As of June 30, 2021, Cyclacel reported $43.6 million in cash, sufficient to fund operations into early 2023. However, the net loss increased to $5.1 million for Q2 2021 from $2.2 million in Q2 2020.
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