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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.

Elicio Therapeutics, Inc. (Nasdaq: ELTX) is a clinical-stage biotechnology company focused on transforming cancer treatment through cutting-edge immunotherapies. By leveraging its proprietary Amphiphile (AMP) platform, Elicio is developing vaccines and immunotherapies targeting aggressive cancers such as pancreatic, colorectal, and head and neck cancers.

The AMP platform uniquely targets and delivers immunogens directly to the lymphatic system, amplifying the body's immune response to fight cancer and prevent its recurrence. This innovative approach aims to unlock the full potential of the human immune system, resulting in enhanced anti-tumor functionality and long-term protective memory.

Recent achievements include:

  • The commencement of initial patient studies for its lead amphiphile vaccines targeting various cancers in early 2020.
  • Ongoing Phase 1 and Phase 2 trials for ELI-002, a novel cancer vaccine targeting mutant KRAS-driven tumors.
  • The publication of promising preclinical and clinical data which demonstrate the AMP platform's potential in enhancing T cell responses and eradicating solid tumors.

Financial updates reveal continued investment in clinical trials and research, with expenses reflecting the company's robust R&D initiatives. Partnerships with renowned institutions like the University of Texas MD Anderson Cancer Center further bolster Elicio's research capabilities.

Looking forward, Elicio plans to advance its development pipeline, including the ELI-002 7P Phase 2 trial as a monotherapy for patients with pancreatic ductal adenocarcinoma (PDAC). The company remains committed to pioneering new cancer treatments and improving patient outcomes.

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Elicio Therapeutics to present at H.C. Wainwright 25th Annual Global Investment Conference on September 13, 2023.
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Elicio Therapeutics appoints Megan Filoon as General Counsel and Dr. Thian Kheoh as Senior VP of Biometrics.
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Elicio Therapeutics approves grant of 72,980 inducement stock options to new employees.
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Elicio Therapeutics, Inc. reported positive interim data from the AMPLIFY-201 Phase 1 study and the first patient dosed with ELI-002 in the AMPLIFY-7P trial. The company completed a reverse merger and became a publicly traded company on Nasdaq. They anticipate releasing additional clinical data in the second half of 2023.
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Elicio Therapeutics announces positive interim clinical data for ELI-002, a therapeutic cancer immunotherapy. The study showed well-tolerated treatment with no adverse events. A high proportion of patients had tumor biomarker reduction and mKRAS-specific T cell responses were induced in 87% of patients.
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Elicio Therapeutics, a biotech company focused on cancer immunotherapies, announced the closing of its merger with Angion Biomedica Corp. The company will commence trading on Nasdaq under the ticker symbol 'ELTX' on June 2, 2023. Elicio is developing ELI-002, a therapeutic cancer vaccine, and will present Phase 1 data on the drug at the 2023 American Society of Clinical Oncology (ASCO).
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FAQ

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

The current stock price of Elicio Therapeutics (ELTX) is $4.811 as of October 17, 2024.

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

The market cap of Elicio Therapeutics (ELTX) is approximately 51.2M.

What is Elicio Therapeutics' core business?

Elicio Therapeutics focuses on developing innovative cancer immunotherapies using its proprietary Amphiphile (AMP) platform.

What is the AMP platform?

The AMP platform delivers immunogens directly to the lymph nodes to amplify the immune response against cancer.

What are Elicio's lead products?

Elicio's lead product is ELI-002, a cancer vaccine targeting mutant KRAS-driven tumors, currently in Phase 1 and Phase 2 trials.

What types of cancer does Elicio's AMP platform target?

Elicio's AMP platform targets aggressive cancers like pancreatic, colorectal, and head and neck cancers.

What recent progress has Elicio made in its research and development?

Elicio has started initial patient studies for its lead vaccines, published promising preclinical data, and is conducting Phase 1 and Phase 2 trials for ELI-002.

Who are some of Elicio's research partners?

Elicio has partnered with renowned institutions like the University of Texas MD Anderson Cancer Center.

What is the financial status of Elicio Therapeutics?

Elicio continues to invest in R&D with increased expenses due to ongoing trials and research, reflecting its commitment to developing innovative cancer treatments.

What is the significance of ELI-002 7P formulation?

ELI-002 7P targets seven common KRAS mutations, increasing potential patient coverage and aiming to reduce cancer recurrence.

What are the future plans for Elicio Therapeutics?

Elicio plans to continue advancing its development pipeline, including Phase 2 trials for ELI-002 7P, and exploring new immunotherapy candidates.

How does Elicio aim to enhance the immune system's cancer-fighting capabilities?

Elicio’s AMP platform directs therapeutic payloads to lymph nodes, optimizing immune responses to recognize and eliminate tumor cells.

Elicio Therapeutics, Inc.

Nasdaq:ELTX

ELTX Rankings

ELTX Stock Data

51.18M
10.78M
28.13%
6.1%
0.62%
Biotechnology
Pharmaceutical Preparations
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United States of America
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