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GRI Bio, Inc. - GRI STOCK NEWS

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

GRI Bio, Inc. (symbol: GRI) is a pioneering clinical-stage biotech company dedicated to fundamentally transforming the treatment of inflammatory diseases. Specializing in the innovative development of therapies targeting dysregulated immune responses, GRI Bio focuses on inflammatory, fibrotic, and autoimmune disorders.

The company's core technology revolves around Natural Killer T (NKT) cell-based therapies. NKT cells are unique as they possess characteristics of both NK and T cells, serving as a critical bridge between innate and adaptive immune responses. Notably, Type 1 NKT cells are instrumental in initiating and propagating inflammatory responses and mediate the hepatic injury observed in liver diseases.

GRI Bio's lead program, GRI-0621, is an orally administered small molecule that acts as an inhibitor of Type 1 NKT cells. This groundbreaking therapy is being developed for the treatment of acute liver failure, aiming to curb hepatic inflammation by restoring immune system balance. Additionally, GRI-0621 serves as a RAR-beta and gamma dual agonist, further enhancing its therapeutic potential.

In addition to GRI-0621, the company boasts other promising candidates including GRI-0803, a novel oral agonist targeting Type 2 NKT cells. This candidate holds significant promise as a potential treatment for autoimmune disorders, further broadening GRI Bio's therapeutic arsenal.

GRI Bio's dedication to innovation and commitment to addressing unmet medical needs position it as a significant player in the biotech industry. With ongoing advancements and a robust pipeline, GRI Bio continues to drive forward in its mission to improve patient outcomes through cutting-edge science and targeted therapies.

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GRI Bio, Inc. (NASDAQ: GRI) announced that its abstract has been accepted for poster presentation at the 2024 ATS International Conference. The presentation will focus on altered NKT cell populations in the airways of patients with IPF.
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GRI Bio, Inc. reports financial results for 2023, closes public offering for $5.5 million, and advances lead programs for IPF and SLE. The company's Phase 2a biomarker study for GRI-0621 in IPF is progressing with interim data expected in H1 2024 and topline data in H2 2024.
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GRI Bio, Inc. (NASDAQ: GRI) to present at MedInvest Biotech & Pharma Investor Conference on April 3rd, 2024. CEO Marc Hertz to discuss NKT cell modulators for treating inflammatory diseases.
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GRI Bio, Inc. receives a notice of allowance for a Canadian patent for their NKT cell modulators targeting inflammatory conditions. The patent covers compositions and methods for modulating iNKT cells in the prevention and treatment of liver inflammatory conditions. The company is focused on building a strong global patent estate and advancing their lead program, GRI-0621, for the treatment of Idiopathic Pulmonary Fibrosis.
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GRI Bio, Inc. receives MHRA authorization for Phase 2a biomarker study on GRI-0621 for Idiopathic Pulmonary Fibrosis treatment. Collaboration with NIHR Respiratory TRC to support UK enrollment. Interim data expected in H1 2024 and topline data in H2 2024.
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GRI Bio, Inc. (GRI) announced a public offering of 5,000,000 shares of common stock at $1.10 per share, with the participation of healthcare focused institutional investors. The company also agreed to issue Series B-1 and B-2 warrants to purchase up to 5,000,000 shares of common stock. The closing of the Offering is expected to occur soon.
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GRI Bio, Inc. (NASDAQ: GRI) announced a 1-for-7 reverse stock split to increase per share trading price and regain compliance with Nasdaq listing requirements. The split will reduce outstanding shares from 4,520,233 to approximately 645,736 shares, with proportional adjustments to stock options, warrants, and convertible securities.
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GRI Bio, Inc. (NASDAQ: GRI) announced the initiation of patient enrollment in the Phase 2a biomarker study evaluating GRI-0621 for the treatment of idiopathic pulmonary fibrosis (IPF). The company aims to develop and repurpose GRI-0621, a type 1 invariant NKT (iNKT) antagonist, as a once-daily oral capsule for the treatment of IPF with the potential to expand into additional fibrotic indications. The Phase 2a study will enroll approximately 36 subjects with IPF and is expected to yield interim data in the first half of 2024 and topline results in the second half of 2024. GRI Bio's CEO, Marc Hertz, PhD, expressed optimism about the potential of GRI-0621 for the treatment of fibrotic indications, starting with IPF.
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GRI Bio, Inc. (GRI) announced FDA clearance of the Investigational New Drug (IND) application for GRI-0621, a potential treatment for idiopathic pulmonary fibrosis (IPF). The company plans to start a Phase 2a biomarker study before year end, with interim data expected in the first half of 2024 and topline results in the second half of 2024.
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GRI Bio, Inc. (NASDAQ: GRI) reports progress on GRI-0621 for IPF and GRI-0803 for SLE. Phase 2a biomarker study for IPF on track to start before year end 2023. Interim data expected H1 2024. GRI-0803 systemic lupus erythematosus program advancing towards IND-enabling studies completion with IND filing on track for H1 2024. Financial results for Q3 2023 show net loss of $11.0 million.
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FAQ

What is the current stock price of GRI Bio (GRI)?

The current stock price of GRI Bio (GRI) is $0.689 as of November 22, 2024.

What is the market cap of GRI Bio (GRI)?

The market cap of GRI Bio (GRI) is approximately 6.1M.

What does GRI Bio, Inc. specialize in?

GRI Bio, Inc. specializes in developing therapies targeting serious diseases associated with dysregulated immune responses, including inflammatory, fibrotic, and autoimmune disorders.

What is GRI Bio's lead program?

GRI Bio's lead program is GRI-0621, an oral therapeutic that inhibits Type 1 NKT cells and is being developed for the treatment of acute liver failure.

How does GRI-0621 work?

GRI-0621 works by inhibiting the activity of Type 1 NKT cells, helping to restore balance in the immune system and reduce hepatic inflammation.

What other products is GRI Bio developing?

GRI Bio is also developing GRI-0803, an oral agonist targeting Type 2 NKT cells, which shows promise as a potential treatment for autoimmune disorders.

What makes NKT cells unique?

NKT cells share properties of both NK and T cells and serve as a functional link between the innate and adaptive immune responses, playing a critical role in initiating and propagating inflammatory responses.

What stage is GRI Bio in?

GRI Bio is a clinical-stage biotech company, actively developing and testing its therapeutic candidates.

Who can I contact for investor-related inquiries?

For investor-related inquiries, you can contact the JTC Team, LLC with Jenene Thomas at (833) 475-8247 or via email at GRI@jtcir.com.

What is the significance of GRI-0803?

GRI-0803 is significant as it targets Type 2 NKT cells, offering potential new treatments for autoimmune disorders, which are currently underserved by existing therapies.

Does GRI Bio have any partnerships?

While the specific partnerships are not detailed in the description, GRI Bio's ongoing development projects suggest potential collaborations with research institutions and pharmaceutical companies.

How can I stay updated on GRI Bio's latest news?

You can stay updated on GRI Bio's latest news by visiting their website, following their press releases, or contacting their investor relations at the provided contact details.

GRI Bio, Inc.

Nasdaq:GRI

GRI Rankings

GRI Stock Data

6.06M
8.92M
0.35%
4.71%
25.06%
Biotechnology
Pharmaceutical Preparations
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United States of America
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