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. (NASDAQ: ENTA) is a biotechnology company with a strong focus on research and development. The company leverages its robust chemistry-driven approach and drug discovery capabilities to create small molecule drugs that target viral infections and liver diseases. Based in Watertown, Massachusetts, Enanta is at the forefront of developing novel inhibitors aimed at combating the hepatitis C virus (HCV), among other conditions.
Enanta's portfolio includes several classes of direct-acting antiviral (DAA) inhibitors, such as protease inhibitors, NS5A inhibitors, and nucleotide polymerase inhibitors. These are complemented by a host-targeted antiviral (HTA) inhibitor class specifically designed against cyclophilin. One of the company's most notable achievements is the development of paritaprevir, a lead protease inhibitor that is a key component of AbbVie's approved HCV treatment regimen.
In addition to HCV, Enanta is actively pursuing treatments for other serious conditions. The company has a preclinical program targeting non-alcoholic steatohepatitis (NASH), a liver disease characterized by inflammation and damage due to fat buildup. Enanta's research also extends to hepatitis B and the respiratory syncytial virus (RSV), broadening its impact on viral and liver diseases.
Enanta operates in partnership with AbbVie, which markets its protease inhibitors, while other promising drug candidates are progressing through the development pipeline. The company's commitment to innovation and strategic collaboration positions it as a significant player in the biotech industry.
Enanta Pharmaceuticals (NASDAQ: ENTA) announced promising preclinical data for its COVID-19 treatment, EDP-235, presented at IDWeek 2022 in Washington, DC. The data indicates EDP-235 effectively penetrates target tissues, including macrophages and monocytes, potentially mitigating cytokine storms in high-risk patients. Enanta plans to initiate a Phase 2 study of EDP-235 this quarter. The drug showed favorable safety and pharmacokinetics in earlier studies, positioning it as a potential best-in-class antiviral.
Enanta Pharmaceuticals (NASDAQ:ENTA) has initiated its Phase 1 clinical trial for EDP-323, an oral L-protein inhibitor targeting respiratory syncytial virus (RSV). This milestone follows promising preclinical data indicating EDP-323's effectiveness across RSV genotypes. The trial will enroll around 80 healthy participants to assess safety and pharmacokinetics, including randomized doses of EDP-323 and a placebo. RSV poses significant health risks, especially in young children and older adults. With EDP-323, Enanta aims to enhance its RSV treatment portfolio while potential benefits for patients are anticipated.
Enanta Pharmaceuticals (NASDAQ:ENTA) has initiated a Phase 2b study to assess the efficacy and safety of EDP-938, its novel N-protein inhibitor, in adults at high risk of complications from acute respiratory syncytial virus (RSV) infection. The study will involve approximately 180 participants treated with EDP-938 or placebo over 5 days, with evaluations made for 28 days post-treatment. Previous studies indicated EDP-938's ability to significantly reduce RSV RNA levels and its favorable safety profile, supporting its potential for optimal clinical benefit.
Enanta Pharmaceuticals (NASDAQ: ENTA) announced promising preclinical data on EDP-323, a novel non-nucleoside RSV L-inhibitor, and advancements in virology methods for RSV and hMPV research. Presented at the 12th International RSV Symposium, EDP-323 showed potent inhibition of RSV replication in various models, including a mouse infection model that demonstrated improved lung histopathology. The company's research is supported by royalties from its collaboration with AbbVie on hepatitis C treatments, aiding the advance of its pipeline for respiratory viral infections.
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.
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