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Edgewise Therapeutics, Inc. - EWTX STOCK NEWS

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

Edgewise Therapeutics, Inc. (NASDAQ: EWTX) is a biotechnology company dedicated to the development of novel therapies for severe, rare muscle disorders. Headquartered in Boulder, Colorado, the company is renowned for its innovative approach to treating diseases involving skeletal muscle. Founded with Series A financing from OrbiMed, Edgewise Therapeutics is focused on the discovery, development, and commercialization of orally bioavailable, small molecule therapies designed to address musculoskeletal diseases.

The core mission of Edgewise Therapeutics is to transform the lives of patients suffering from debilitating muscle conditions. The company’s clinical-stage biopharmaceutical expertise is reflected in its robust pipeline of potential treatments, which aim to offer improved patient outcomes and enhanced quality of life.

Among its current projects, Edgewise Therapeutics is working on several promising candidates that target specific muscle-related conditions. By leveraging advanced research methodologies and cutting-edge technology, the company is able to create therapies that are not only effective but also accessible to a broader patient population.

Financially, Edgewise Therapeutics is well-positioned with strong backing from investors and strategic partners. The company continues to achieve significant milestones in its development programs, further solidifying its reputation as a leader in the biopharmaceutical landscape.

In recent news, Edgewise Therapeutics has made noteworthy progress with its clinical trials and has expanded its research partnerships to expedite the development of its drug candidates. The latest developments underline the company's commitment to innovation and excellence in the field of muscle disease therapeutics.

  • Location: Boulder, Colorado
  • Core Focus: Novel therapies for rare muscle disorders
  • Key Projects: Orally bioavailable small molecule therapies
  • Partnerships: Supported by OrbiMed and other strategic investors
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Edgewise Therapeutics, a clinical-stage biopharmaceutical company, announced the publication of a significant study in the Journal of Clinical Investigation focusing on EDG-5506 for treating Duchenne and Becker muscular dystrophy. The study indicates that even 15% inhibition of fast skeletal muscle contraction can protect against muscle injury and enhance strength in animal models. With approximately 12,000-15,000 patients in the U.S. affected by DMD, this research highlights the urgent need for effective treatments. EDG-5506 has received Fast Track designation from the FDA and is undergoing clinical trials to assess its efficacy and safety.

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Edgewise Therapeutics, Inc. (NASDAQ: EWTX), a clinical-stage biopharmaceutical company, announced that its management will present at the virtual Stifel 2023 CNS Days on March 28, 2023, at 2 pm ET. The presentation will be available via a live webcast, accessible on the Edgewise events page, and will be replayed after the event. Edgewise focuses on therapies for severe muscle disorders, with lead candidate EDG-5506 in trials for Duchenne and Becker muscular dystrophies.

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Edgewise Therapeutics (EWTX) announced a podium presentation on March 22, 2023, at the Muscular Dystrophy Association Annual Clinical and Scientific Conference in Dallas, TX. The focus will be on EDG-5506, an investigational therapy for dystrophinopathies like Becker Muscular Dystrophy (BMD). Dr. Han C. Phan will present the 'Effects of EDG-5506 on Biomarkers of Muscle Damage' during the Clinical Trial Updates session. Additionally, Edgewise is hosting an Industry Forum on March 21, 2023, discussing novel approaches to protect muscle in dystrophinopathies, featuring Dr. Barry J. Byrne.

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Edgewise Therapeutics (NASDAQ: EWTX) has appointed Jonathan C. Fox, M.D., Ph.D., FACC, to its Board of Directors. Dr. Fox, currently President and CMO at BridgeBio Pharma and former CMO at MyoKardia, brings extensive experience in cardiovascular clinical development. His expertise will support Edgewise's advancement of EDG-7500, a novel therapy for hypertrophic cardiomyopathy, with a Phase 1 trial expected in late 2023. Dr. Fox's background includes pivotal roles in the development of Camzyos® (mavacamten), emphasizing his capability to boost Edgewise's leadership in cardiovascular therapies.

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Edgewise Therapeutics, Inc. (NASDAQ: EWTX), a clinical-stage biopharmaceutical company, will present at the Cowen 43rd Annual Health Care Conference on March 8, 2023, at 9:10 am ET. The presentation will be webcast live, with a replay available afterward. Edgewise focuses on developing small molecule therapies for muscle disorders, including its lead candidate, EDG-5506, which targets dystrophinopathies. The company is also advancing EDG-7500 for hypertrophic cardiomyopathy. Further details can be found on their website.

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Edgewise Therapeutics (NASDAQ: EWTX) announced the presentation of EDG-7500, a first-in-class oral therapy for hypertrophic cardiomyopathy (HCM), at the American College of Cardiology's 72nd Annual Scientific Session on March 5, 2023. This investigational drug aims to normalize excess cardiac contraction and improve impaired relaxation, addressing both obstructive and non-obstructive HCM. Key findings include significant improvements in cardiovascular pathophysiologies and potent gradient reductions. The company plans to initiate a Phase 1 trial for EDG-7500 in late 2023, supporting further clinical development based on promising preclinical data.

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Edgewise Therapeutics (NASDAQ: EWTX) announced significant advancements in clinical trials for EDG-5506 targeting muscular dystrophies. Phase 2 trials for Becker muscular dystrophy (BMD) and Duchenne muscular dystrophy (DMD) have shown promising developments, with interim data expected in late 2023. The company also initiated IND-enabling studies for EDG-7500, a new treatment for hypertrophic cardiomyopathy, set to begin Phase 1 trials in the second half of 2023. As of December 31, 2022, Edgewise reported cash and marketable securities totaling $352 million and a net loss of $19.4 million for Q4.

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FAQ

What is the current stock price of Edgewise Therapeutics (EWTX)?

The current stock price of Edgewise Therapeutics (EWTX) is $34 as of November 1, 2024.

What is the market cap of Edgewise Therapeutics (EWTX)?

The market cap of Edgewise Therapeutics (EWTX) is approximately 3.2B.

What is Edgewise Therapeutics, Inc.?

Edgewise Therapeutics, Inc. is a biotechnology company focused on developing novel therapies for severe, rare muscle disorders.

Where is Edgewise Therapeutics located?

Edgewise Therapeutics is headquartered in Boulder, Colorado.

What is the core focus of Edgewise Therapeutics?

The company focuses on the discovery, development, and commercialization of treatments for musculoskeletal diseases.

What are Edgewise Therapeutics' key projects?

Its key projects involve developing orally bioavailable, small molecule therapies for rare muscle disorders.

Who financed Edgewise Therapeutics' Series A round?

The company's Series A financing was provided by OrbiMed.

Is Edgewise Therapeutics a public company?

Yes, Edgewise Therapeutics is a public company listed on NASDAQ under the symbol EWTX.

What recent achievements has Edgewise Therapeutics made?

The company has made significant progress in its clinical trials and expanded its research partnerships.

What kind of diseases is Edgewise Therapeutics targeting?

Edgewise Therapeutics targets severe, rare muscle disorders involving skeletal muscle.

What type of therapies is Edgewise Therapeutics developing?

The company is developing orally bioavailable, small molecule therapies.

What makes Edgewise Therapeutics' treatments innovative?

Their treatments aim to offer improved patient outcomes and enhanced quality of life by leveraging advanced research methodologies and cutting-edge technology.

Edgewise Therapeutics, Inc.

Nasdaq:EWTX

EWTX Rankings

EWTX Stock Data

3.18B
93.77M
0.47%
112.31%
9.05%
Biotechnology
Pharmaceutical Preparations
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United States of America
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