Welcome to our dedicated page for Enanta Pharmaceuticals news (Ticker: ENTA), a resource for investors and traders seeking the latest updates and insights on Enanta Pharmaceuticals stock.
Enanta Pharmaceuticals, Inc. develops small-molecule drugs for viral infections and immunological diseases through a chemistry-driven drug discovery approach. News about the company commonly covers its respiratory syncytial virus programs, including zelicapavir, an oral N-protein inhibitor, and EDP-323, an L-protein inhibitor, as well as clinical data presentations at medical and scientific conferences.
Enanta updates also focus on immunology programs targeting drivers of type 2 immune responses, including KIT, STAT6 and MRGPRX2 inhibition. Company releases frequently address candidates such as EDP-978 and EPS-3903, research and development progress, quarterly financial results, management conference participation and royalty revenue tied to its collaboration history.
Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) announced new preclinical data for its respiratory syncytial virus (RSV) program, set to be presented at the 12th International RSV Symposium from September 29 to October 2, 2022, in Belfast, UK. Highlights include an oral presentation titled “EDP-323, a Novel L-Protein Inhibitor, for the Treatment of RSV” scheduled for October 1, and multiple poster presentations on September 30. Enanta focuses on developing small molecule drugs for viral infections and liver diseases, funded by royalties from hepatitis C virus products.
Enanta Pharmaceuticals (NASDAQ:ENTA) announced new preclinical data for EDP-235, its oral coronavirus protease inhibitor aimed at treating COVID-19, to be presented at IDWeek 2022 from October 19-23, 2022, in Washington, DC. An oral presentation is scheduled for October 21, 2022, at 12:15 PM ET, discussing EDP-235's potential to mitigate cytokine storms in high-risk COVID-19 patients. Enanta continues its focus on small molecule drugs for viral infections and liver diseases, supported by royalties from its collaboration with AbbVie on hepatitis C virus products.
Enanta Pharmaceuticals (NASDAQ: ENTA), a biotechnology company specializing in small molecule drugs for viral infections and liver diseases, will feature CEO Jay R. Luly, Ph.D., at two investor conferences in September 2022. He will present at the Wells Fargo Healthcare Conference on September 8 at 3:10 p.m. ET, followed by a fireside chat at the Baird Global Healthcare Conference on September 13 at 9:40 a.m. ET. Live webcasts will be available on Enanta’s website, with replays accessible for 30 days after the events.
Enanta Pharmaceuticals reported fiscal Q3 2022 revenue of $19.5 million, primarily from royalties on AbbVie's MAVYRET®, a decline from $21.6 million in Q3 2021. R&D expenses decreased to $39.1 million from $47.0 million, while G&A expenses rose to $12.9 million from $8.5 million. The net loss was $31.7 million ($1.53 per share), compared to $24.0 million ($1.19 per share) in the previous year. Enanta plans to initiate Phase 2 studies for its COVID-19 treatment EDP-235 and RSV treatment EDP-938 in Q4 2022.
Enanta Pharmaceuticals, a clinical-stage biotechnology company, appointed Scott T. Rottinghaus, M.D., as Senior Vice President and Chief Medical Officer on August 8, 2022. Dr. Rottinghaus brings over 20 years of drug development experience, notably leading clinical programs at Alexion and Pfizer. His expertise will support Enanta's ongoing clinical programs, including a Phase 2 study on COVID-19 and advancements in respiratory syncytial virus (RSV). This appointment aims to further Enanta's goal of becoming a leader in antiviral treatments.
Enanta Pharmaceuticals, Inc. (NASDAQ: ENTA) is set to announce its financial results for Q3 2022, concluded on June 30, 2022, on August 8, 2022, post-market. A conference call will be held at 4:30 p.m. ET the same day to discuss the results and updates on the company’s R&D pipeline. Enanta focuses on drug discovery for viral infections and liver diseases, including respiratory syncytial virus (RSV) and hepatitis B virus (HBV), while funding is supported by royalties from its collaboration with AbbVie on hepatitis C virus (HCV) treatments.
Enanta Pharmaceuticals (NASDAQ: ENTA) announced positive topline data from a Phase 1 study of EDP-235, a coronavirus 3CL protease inhibitor. The study showed EDP-235 was generally safe and well-tolerated at doses up to 400mg. Plasma drug levels exceeded the EC90 by up to 12-fold for the Delta variant. Preclinical data indicated significant lung tissue distribution, making it a candidate for once-daily oral treatment against COVID-19 variants. Enanta plans to initiate a Phase 2 study in 4Q 2022, pending FDA review.
Enanta Pharmaceuticals (NASDAQ: ENTA) has filed a lawsuit against Pfizer in the U.S. District Court for the District of Massachusetts, seeking damages for patent infringement concerning U.S. Patent No. 11,358,953, related to Pfizer's COVID-19 antiviral, Paxlovid™. Enanta was awarded this patent based on its July 2020 application. The company emphasizes it won't seek to impede Paxlovid’s availability, instead aiming for compensation for its use of a coronavirus protease inhibitor outlined in its patent.
Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) announced that data from its hepatitis B virus (HBV) development program and non-alcoholic steatohepatitis (NASH) out-licensing program will be presented at the EASL International Liver Congress 2022 from June 22-26 in London. The presentations will include findings from Phase 1b studies of EDP-514, a core inhibitor for HBV, and results from EDP-297, a Farnesoid X receptor agonist for NASH, as well as data on HSD17B13 enzyme inhibition.
Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) announced CEO Jay R. Luly, Ph.D., will participate in two fireside chats in June 2022. The events include the Jefferies Healthcare Conference on June 9 at 9:00 a.m. ET and the JMP Securities Life Sciences Conference on June 16 at 9:30 a.m. ET. Webcast links will be available on Enanta's website, along with replays for 30 days post-event. Enanta focuses on developing small molecule drugs for viral infections and liver diseases, with candidates for RSV, COVID-19, and HBV under development.