Welcome to our dedicated page for Gossamer Bio news (Ticker: GOSS), a resource for investors and traders seeking the latest updates and insights on Gossamer Bio stock.
Gossamer Bio, Inc. (NASDAQ: GOSS) is a San Diego-based clinical-stage biopharmaceutical company dedicated to the discovery, acquisition, development, and commercialization of novel therapeutics in the areas of immunology, inflammation, and oncology. Founded by the former executive team of Receptos, Gossamer Bio leverages a rich asset in-licensing environment with a focus on addressing high unmet medical needs.
The company's core strategy revolves around utilizing a team with a proven track record in key therapeutic areas such as immunology, inflammation, fibrosis, and oncology. Gossamer Bio's pipeline includes several promising products:
- Seralutinib: Aimed at treating pulmonary arterial hypertension (PAH) by addressing cellular overgrowth, fibrosis, and vascular remodeling.
- GB004: Focused on treating inflammatory bowel diseases such as ulcerative colitis and Crohn's disease.
- GB1275: Targeting various oncology indications with innovative treatment strategies.
- GB001: Designed for the treatment of moderate-to-severe eosinophilic asthma.
Gossamer Bio's approach combines cutting-edge science with a commitment to improving patient outcomes. The company continuously works on expanding its pipeline through strategic partnerships and collaborations, ensuring a robust portfolio of therapeutic candidates.
Recent achievements include advancements in clinical trials for Seralutinib and GB004, showcasing the company's potential to deliver impactful treatments. Gossamer Bio remains focused on executing its mission to bring differentiated therapeutic solutions to patients with significant unmet needs.
For investors and stakeholders, Gossamer Bio represents a dynamic and innovative player in the biopharmaceutical space, committed to scientific excellence and patient-centric solutions.
Gossamer Bio, Inc. (Nasdaq: GOSS) reported its financial results for Q4 and the full year 2020, reflecting a net loss of $64.6 million for the quarter and $243.4 million for the year. R&D expenses for Q4 were $38.9 million, down from $42.6 million in 2019, while full-year R&D expenses increased to $160.9 million. The company has $512.6 million in cash and equivalents, expected to fund operations into 2023. Notable clinical trials include seralutinib for PAH and GB004 for IBD, with data expected in 2022.
Gossamer Bio, a clinical-stage biopharmaceutical company (Nasdaq: GOSS), announced it will report its fourth quarter and full-year 2020 financial results on February 25, 2021. A conference call and webcast will follow at 8:30 a.m. ET that same day, providing an update on the financial results and corporate developments. Investors can access the live webcast via the company's website. Gossamer Bio is dedicated to developing therapeutics in immunology, inflammation, and oncology, aiming to become a leader in these fields.
Gossamer Bio, a clinical-stage biopharmaceutical company (Nasdaq: GOSS), has announced a conference call and webcast on February 18, 2021, at 11:00 am ET. The event will discuss GB004, their oral HIF-1α stabilizer aimed at treating inflammatory bowel disease (IBD), specifically ulcerative colitis (UC). Esteemed experts in the field, including William Sandborn, Silvio Danese, and Cormac Taylor, will join Gossamer management for insights and a Q&A session. The webcast will be available on the company's website, and a replay will be accessible for 30 days.
Gossamer Bio, a clinical-stage biopharmaceutical company (Nasdaq: GOSS), announced a conference call and webcast on December 15, 2020, at 11:00 am ET to discuss GB002, an inhaled PDGFR inhibitor intended for treating pulmonary arterial hypertension (PAH). The event will feature insights from leading experts in PAH, Dr. Lewis Rubin and Dr. Vallerie McLaughlin. The session aims to cover GB002's development and its significance in addressing unmet therapeutic needs in PAH. The conference call can be accessed via the company's website.
Gossamer Bio has appointed Faheem Hasnain as Chief Executive Officer and President, succeeding Sheila Gujrathi, who served in the role since July 2018. Hasnain, a co-founder, previously led Receptos, Inc. before its acquisition by Celgene. In his new role, Hasnain aims to advance Gossamer's therapeutic pipeline in immunology, inflammation, and oncology. Dr. Gujrathi will remain as an advisor. The transition occurs as the company navigates the complexities of clinical-stage biopharmaceutical development, with a focus on unmet patient needs.
Gossamer Bio, Inc. (Nasdaq: GOSS) reported its Q3 2020 financial results, highlighting ongoing advancements in its clinical trials for GB002, GB004, and GB1275. GB002's Phase 2 trial for pulmonary arterial hypertension is set to enroll patients in Q4 2020, with topline data expected in H1 2022. GB004 is in a Phase 2 trial for inflammatory bowel disease, also targeting H1 2022 for topline data. Financially, Gossamer holds $555.4 million in liquid assets but reported a $57.8 million net loss for the quarter, influenced by increased interest expenses.
Gossamer Bio, Inc. (GOSS) will report its third quarter 2020 financial results on November 10, 2020. A live conference call will take place at 4:30 p.m. ET, allowing the management team to discuss the financial results and provide corporate updates. Interested parties can join the call using the domestic number (833) 646-0603 or international number (929) 517-9782. A subsequent audio webcast will be available for 30 days on their website.
Gossamer Bio (Nasdaq: GOSS) announced it will present data on GB1275 at the 35th Annual Meeting of the Society for Immunotherapy of Cancer (SITC), held virtually from November 9-14, 2020. The presentation will include clinical and biomarker data from the ongoing Phase 1/2 trial, KEYNOTE-A36, focusing on advanced solid tumors. Two key posters will be presented by Dr. Johanna Bendell and Dr. Wells Messersmith, detailing the preliminary results and immune biomarker evaluations of GB1275, a CD11b modulator.
Gossamer Bio, Inc. (Nasdaq: GOSS) announced topline results from its Phase 2b LEDA trial for GB001 in patients with moderate-to-severe eosinophilic asthma and the Phase 2 TITAN trial for chronic rhinosinusitis. While the primary endpoint in the LEDA trial was not met, the results showed consistent numeric reductions in asthma worsening across all doses. Statistically significant improvements were noted in the secondary endpoint of time to first asthma worsening. The TITAN trial did not achieve its endpoints, leading to the decision not to pursue further development in that area.
Gossamer Bio (Nasdaq: GOSS) announced updates on its GB004 program targeting inflammatory bowel disease. At the UEGW Virtual Week 2020, data were presented from a Phase 1b study of GB004 in mild-to-moderate ulcerative colitis, showing safety and promising efficacy. Key outcomes included 17% mucosal healing and significant reduction in the inflammatory biomarker fecal calprotectin (38% reduction). The company is now screening patients for a global Phase 2 study (NCT04556383) with a primary endpoint of clinical remission at week 12, involving up to 195 subjects.
FAQ
What is the current stock price of Gossamer Bio (GOSS)?
What is the market cap of Gossamer Bio (GOSS)?
What is Gossamer Bio, Inc.?
Where is Gossamer Bio, Inc. located?
What are the main areas of focus for Gossamer Bio's therapeutic products?
Who founded Gossamer Bio, Inc.?
What is Seralutinib used for?
What conditions does GB004 target?
What is GB1275 used to treat?
What stage is Gossamer Bio at in its development?
How does Gossamer Bio expand its pipeline?