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Elicio Therapeutics, Inc. - ELTX STOCK NEWS

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

About Elicio Therapeutics, Inc.

Elicio Therapeutics, Inc. (Nasdaq: ELTX) is a clinical-stage biotechnology company pioneering the development of novel immunotherapies designed to prevent cancer recurrence and improve patient outcomes. Leveraging its proprietary Amphiphile (AMP) platform, Elicio delivers therapeutic payloads directly to the lymph nodes, the central hub of the immune response, to enhance the precision, magnitude, and durability of cancer-specific immune activation. This innovative approach positions Elicio at the forefront of the cancer immunotherapy sector, addressing significant unmet needs in the treatment of aggressive cancers.

Core Technology: The Amphiphile (AMP) Platform

Elicio’s AMP technology is engineered to optimize the immune system’s ability to recognize and eliminate cancer cells. By targeting the lymph nodes, the platform facilitates the efficient delivery of antigens, adjuvants, and immunomodulators, amplifying the immune response against tumor-specific mutations. This lymph node-specific engagement is designed to overcome limitations of conventional immunotherapies, offering potential advantages in magnitude, quality, and durability of immune responses. The AMP platform’s versatility allows for broad applicability across various cancer types and therapeutic modalities.

Pipeline and Key Programs

Elicio’s lead candidate, ELI-002, is an off-the-shelf cancer vaccine targeting KRAS mutations, which are implicated in approximately 25% of all solid tumors. ELI-002 is currently being evaluated in the AMPLIFY-7P Phase 1/2 clinical trial, focusing on patients with KRAS-driven pancreatic and colorectal cancers. The vaccine’s seven-peptide formulation is designed to provide immune coverage against multiple KRAS mutations, enhancing its therapeutic potential and patient eligibility. Early clinical data have demonstrated a favorable safety profile, robust T-cell responses, and promising disease-free survival (DFS) outcomes. Additional pipeline candidates, including ELI-007 and ELI-008, target BRAF-driven cancers and p53 hotspot mutations, respectively, further expanding Elicio’s portfolio of innovative immunotherapies.

Market Position and Competitive Differentiation

Operating within the highly competitive biotechnology sector, Elicio distinguishes itself through its groundbreaking AMP platform and focus on high-prevalence, hard-to-treat cancers. The company’s approach to targeting the lymph nodes for immune system activation represents a paradigm shift in cancer immunotherapy, offering potential advantages over traditional methods. By addressing biologically validated but challenging-to-drug targets, Elicio aims to redefine the standard of care for patients with limited treatment options.

Challenges and Opportunities

As a clinical-stage company, Elicio faces challenges common to the biotechnology industry, including regulatory approval processes, competition from other immunotherapy developers, and the inherent risks of clinical trials. However, the company’s innovative technology, promising early clinical data, and focus on high-impact therapeutic areas position it as a compelling player in the field. The potential for partnerships, licensing opportunities, and eventual commercialization of its pipeline products underscores significant growth prospects.

Conclusion

Elicio Therapeutics exemplifies scientific innovation and commitment to addressing unmet medical needs in oncology. Through its AMP platform and robust pipeline, the company is poised to make meaningful contributions to the fight against cancer, offering hope to patients and families impacted by these devastating diseases.

Rhea-AI Summary
Elicio Therapeutics, Inc. announces pipeline updates for investigational cancer vaccines at AACR Annual Meeting. ELI-002 shows promising results in mKRAS-driven cancers, inducing durable and potent T cell responses. Preclinical data on ELI-007 and ELI-008 also demonstrate strong immune responses targeting BRAF and p53 mutations.
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Elicio Therapeutics, Inc. reported financial results for 2023, highlighting progress in clinical trials and business development. Key points include poster presentations, ongoing Phase 2 trials, successful private placement, and financial data. The company's R&D expenses increased due to clinical trial initiation, while G&A expenses rose from operating as a public entity. Net loss decreased per share, primarily due to a reverse merger. Cash and cash equivalents grew by the end of 2023.
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Elicio Therapeutics, a biotechnology company, has entered into a subscription agreement to sell pre-funded warrants to purchase shares of its common stock in a private placement to GKCC, The gross proceeds are expected to be $6.0 million, with the net proceeds intended for the company's development pipeline and general corporate purposes.
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Elicio Therapeutics, Inc. (Nasdaq: ELTX) announced three upcoming poster presentations at the AACR Annual Meeting showcasing their innovative cancer vaccine candidates. The presentations will focus on the immunogenicity and efficacy of their AMP technology in targeting solid tumors.
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Elicio Therapeutics, Inc. (ELTX) is set to present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference on February 13, 2024. The CEO, Robert Connelly, will be presenting the clinical-stage biotechnology company's pipeline of novel immunotherapies for cancer treatment. The presentation will be available via live webcast and on-demand for 90 days after the event.
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Elicio Therapeutics, Inc. announced promising preclinical data in Cancer Immunology Research, showing that their AMP immunotherapy platform enhanced TCR-T cell therapy, leading to complete eradication of solid tumors refractory to TCR-T cell monotherapy. The AMP treatment also promoted immune activation in lymph nodes, invigorating anti-tumor T cell immunity. The study demonstrated long-term protection against tumor recurrence and antigen spreading to additional tumor-associated antigens. Preclinical efficacy in solid tumors, including those with KRAS mutations, provides a strong rationale for the clinical advancement of a combination AMP immunotherapy strategy with TCR-T cell therapies.
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Elicio Therapeutics, Inc. (Nasdaq: ELTX) announced the Phase 1/2 (AMPLIFY-7P) study design for ELI-002 7P, a therapeutic cancer vaccine for KRAS-mutated pancreatic ductal adenocarcinoma. The study aims to evaluate its antitumor activity and clinical benefit. ELI-002 7P is designed to stimulate an immune response against seven KRAS mutations, with preliminary data showing tumor biomarker reduction and reduced risk of relapse and death. The study includes Phase 1A safety evaluation, Phase 1B dose expansion, and a Phase 2 randomized study assessing disease-free survival. Key endpoints include biomarker reduction, median overall survival, safety, and iRECIST response rate.
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Elicio Therapeutics, Inc. (Nasdaq: ELTX) announced that its CEO and EVP will participate in a fireside chat at the B. Riley Securities 4th Annual Oncology Conference. The chat will be accessible via RSVP to a B. Riley Securities sales representative and a replay will be available on the company's website.
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Elicio Therapeutics, Inc. (ELTX) announces the dosing of the first patient in the Phase 2 study of ELI-002 7P, a therapeutic cancer vaccine targeting seven common mutations in KRAS, at Northwell Health Cancer Institute and the Feinstein Institutes for Medical Research. The vaccine aims to treat pancreatic ductal adenocarcinoma (PDAC) and other solid tumors. Elicio's proprietary AMP technology targets more mutations compared to other KRAS-targeted therapies, potentially benefiting a larger patient population.
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Elicio Therapeutics, Inc. (Nasdaq: ELTX) announced promising results from the Phase 1 study of ELI-002 in Nature Medicine, demonstrating robust, polyfunctional, and durable KRAS-specific CD4+ and CD8+ T cell responses in cancer patients. The study showed an 84% reduction in tumor biomarkers, correlating with a median relapse-free survival of 16.3 months. A Phase 2 trial for ELI-002 in pancreatic ductal adenocarcinoma is planned to start in early 2024.
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FAQ

What is the current stock price of Elicio Therapeutics (ELTX)?

The current stock price of Elicio Therapeutics (ELTX) is $7.84 as of March 3, 2025.

What is the market cap of Elicio Therapeutics (ELTX)?

The market cap of Elicio Therapeutics (ELTX) is approximately 97.5M.

What does Elicio Therapeutics specialize in?

Elicio Therapeutics specializes in developing lymph node-targeted immunotherapies for aggressive cancers, leveraging its proprietary Amphiphile (AMP) platform.

What is the Amphiphile (AMP) platform?

The AMP platform is a proprietary technology designed to deliver therapeutic payloads directly to the lymph nodes, enhancing the immune system's cancer-fighting capabilities.

What is Elicio’s lead product candidate?

Elicio's lead candidate, ELI-002, is an off-the-shelf cancer vaccine targeting KRAS mutations, currently in Phase 1/2 clinical trials.

What cancers does Elicio target?

Elicio focuses on cancers driven by KRAS mutations, including pancreatic and colorectal cancers, with additional programs targeting BRAF-driven cancers and p53 mutations.

How does Elicio differentiate from competitors?

Elicio’s AMP platform uniquely targets the lymph nodes, optimizing immune activation and durability, offering advantages over conventional immunotherapies.

What stage of development is Elicio Therapeutics in?

Elicio is a clinical-stage biotechnology company, with its lead program ELI-002 undergoing Phase 1/2 trials.

What is the significance of KRAS mutations in cancer?

KRAS mutations drive approximately 25% of all solid tumors, making them a critical target for innovative cancer therapies like ELI-002.

What is the potential market impact of Elicio’s therapies?

Elicio’s therapies address high-prevalence, hard-to-treat cancers, offering significant potential for improving patient outcomes and redefining cancer care standards.
Elicio Therapeutics, Inc.

Nasdaq:ELTX

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26.08%
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