DiaMedica Therapeutics Inc. - DMAC STOCK NEWS

DiaMedica Therapeutics (DMAC) provided Q3 2024 updates on its clinical programs. The company implemented changes to its ReMEDy2 Acute Ischemic Stroke Phase 2/3 trial, expanding the trial population to include thrombolytic non-responders and increasing interim analysis sample size to 200 subjects. Top-line interim results are now expected in Q4 2025. The company's Preeclampsia Phase 2 trial received regulatory approval and dosed its first patient. Financial highlights include cash position of $50.2M as of September 30, 2024, R&D expenses increased to $5.0M in Q3, and G&A expenses remained stable at $1.9M. Cash runway extends into Q3 2026.

DiaMedica Therapeutics (Nasdaq: DMAC) has initiated dosing in its investigator-sponsored Phase 2 trial of DM199 for treating preeclampsia. The company expects to receive top-line data for Part 1A in the first half of 2025, which will evaluate DM199's safety and ability to lower blood pressure. For early-onset preeclampsia patients, researchers will assess improvements in uterine artery dilation to determine if DM199 has disease-modifying potential. The trial represents a significant milestone in developing treatments for this serious maternal health condition.

DiaMedica Therapeutics (Nasdaq: DMAC), a clinical-stage biopharmaceutical company, announced its participation in the 15th Annual Craig-Hallum Alpha Select Conference on November 19, 2024, in New York City. The company's management will be available for one-on-one meetings throughout the event.

DiaMedica specializes in developing treatments for severe ischemic diseases, with their lead candidate DM199 being the first pharmaceutically active recombinant form of the KLK1 protein. This therapeutic approach is already established in Asia for treating acute ischemic stroke, preeclampsia, and other vascular diseases.

DiaMedica Therapeutics (Nasdaq: DMAC) announced it will release its third quarter 2024 financial results after market close on November 13th, followed by a conference call on November 14th at 7:00 AM CT. The company, focused on developing treatments for severe ischemic diseases, will provide a business update during the call. Their lead candidate DM199 is the first pharmaceutically active recombinant form of the KLK1 protein, targeting acute ischemic stroke and preeclampsia treatment.

DiaMedica Therapeutics Inc. (Nasdaq: DMAC) has received regulatory approval to initiate a Phase 2 clinical trial for DM199, its proprietary recombinant serine protease, in the treatment of preeclampsia. The South African Health Products Regulatory Authority (SAHPRA) has approved the planned two-part study, which will be conducted at Tygerberg Hospital in Cape Town, South Africa. Prof. Catherine Cluver, MD, PhD will lead the investigator-sponsored trial as principal investigator.

The company expects to begin dosing in the fourth quarter of 2024, with top-line results for Part 1a anticipated in the first half of 2025. DiaMedica believes DM199 has the potential to be a disease-modifying therapy for preeclampsia, targeting placental perfusion, fetal growth, maternal blood pressure, and endothelial health.

DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a clinical-stage biopharmaceutical company, has announced its participation in two upcoming investor conferences in September. The company, which focuses on developing recombinant KLK1 (DM199) for acute ischemic stroke and preeclampsia treatment, will attend:

• HC Wainwright Global Investment Conference (September 9-11, New York): Presenting on September 9th at 3:00-3:30 PM ET
• Lake Street Best Ideas Growth Conference Big 8 (September 12, New York): Participating in one-on-one meetings

DiaMedica's lead candidate, DM199, is the first pharmaceutically active recombinant form of the KLK1 protein, an established therapeutic modality in Asia for treating acute ischemic stroke and other vascular diseases. Investors interested in meeting with DiaMedica's management can contact their account representatives to arrange meetings.

DiaMedica Therapeutics (Nasdaq: DMAC) provided a business update and Q2 2024 financial results. Key highlights include:

1. ReMEDy2 Phase 2/3 AIS trial: Targeting interim enrollment (n=144) for Q1 2025.

2. Preeclampsia Phase 2 trial: Initiating in Q4 2024 with proof-of-concept results expected in H1 2025.

3. Completed $12M private placement, extending cash runway into Q3 2026.

4. Q2 2024 financials: R&D expenses increased to $3.9M, G&A expenses decreased to $1.7M.

5. Cash position: $54.1M as of June 30, 2024, up from $52.9M on December 31, 2023.

DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a clinical-stage biopharmaceutical company, has announced it will release its second quarter 2024 financial results on August 7th, after market close. The company will host a live conference call on August 8th at 7:00 AM CT to provide a business update and discuss the financial results.

Interested parties can access the call via web or phone. A webcast replay will be available on the company's website for 12 months, and a telephonic replay until August 15, 2024. DiaMedica is focused on developing recombinant KLK1 (DM199) for the treatment of acute ischemic stroke and preeclampsia. DM199 is the first pharmaceutically active recombinant form of the KLK1 protein, an established therapeutic modality in Asia for vascular diseases.

DiaMedica Therapeutics announced a key opinion leader (KOL) event on July 29, 2024, to discuss its DM199 (rinvecalinase alfa) treatment for preeclampsia. The event will feature experts like Prof. Stephen Tong, Prof. Catherine Cluver, and Prof. Susan Walker, who will address the unmet need for preeclampsia treatments and the unique mechanism of DM199. Additionally, DiaMedica will provide an overview of its upcoming Phase 2 clinical trial for DM199, set to begin in Q4 2024. The company also released a white paper, available on its website, detailing the potential of DM199 in treating preeclampsia.