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Gritstone bio, Inc. - GRTS STOCK NEWS

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

Gritstone bio, Inc. (Nasdaq: GRTS) is at the forefront of developing personalized cancer immunotherapies and next-generation vaccines for infectious diseases. Headquartered in Emeryville, California, with additional key functions in Cambridge, Massachusetts, Gritstone is a clinical-stage biotechnology company leveraging innovative vectors and payloads to train the immune system to combat critical disease targets. Founded in 2015 with a strong financial backing of $102 million in Series A financing, Gritstone brings together a distinguished team of scientific founders, an experienced management team, and a successful board of directors.

Gritstone's pipeline includes multiple product candidates targeting solid tumors and viral diseases. Their key programs include GRANITE, a personalized neoantigen vaccine program, and SLATE, an 'off-the-shelf' neoantigen vaccine program. Additionally, they are developing CORAL, a next-generation SARS-CoV-2 vaccine designed to drive both B cell and T cell immunity using self-amplifying mRNA (samRNA). Gritstone's collaboration with the National Cancer Institute (NCI) and other industry leaders underscores the pioneering vision and scientific rigor that guides their innovative approaches.

Recent clinical updates have highlighted promising preliminary Phase 2 data for GRANITE in metastatic colorectal cancer (MSS-CRC), showing a progression-free survival benefit. SLATE-KRAS, a variant of their 'off-the-shelf' neoantigen vaccine, has also demonstrated superior immunogenicity in Phase 2 studies. Additionally, their CORAL program continues to show robust and durable immune responses in diverse populations, including those living with HIV.

Gritstone's financial condition remains strong, bolstered by recent public offerings and continued support from prominent foundations and government agencies. Their latest corporate developments and financial results reflect a clear trajectory towards advancing their clinical programs and achieving regulatory milestones.

Rhea-AI Summary
Gritstone bio to present results from Phase 1 studies of its COVID-19 vaccine candidates at IDWeek 2023. Contract with BARDA secured for Phase 2b study. Positive evidence of durable immune responses in South African population. Preliminary results show durable immune response in adults previously vaccinated with mRNA or AZD1222. Interim report of safety, reactogenicity, and immunogenicity of booster vaccine in healthy adults.
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Gritstone bio awarded $433 million contract by BARDA for Phase 2b study of self-amplifying mRNA vaccine against COVID-19
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Gritstone bio granted an employee nonqualified stock options to purchase 14,000 shares of common stock at $1.71 per share. The options will vest over a four-year period.
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Gritstone bio, Inc. announces participation in upcoming investor conferences.
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Gritstone bio, Inc. has granted two employees nonqualified stock options to purchase 32,500 shares of its common stock. The exercise price is $1.70, equal to the closing price on August 7, 2023. The stock options will vest over a four-year period, with 25% vesting on the first anniversary of hire and 1/48th vesting monthly thereafter.
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Gritstone bio and Genevant Sciences have announced an agreement for Gritstone to have a non-exclusive license under Genevant's LNP technology to develop and commercialize self-amplifying RNA vaccines. The agreement follows successful prior collaborations between the two companies and aims to capitalize on the emergence of RNA vaccines in addressing infectious diseases. Genevant is eligible to receive option maintenance and exercise fees, milestone payments up to $136 million per product, and royalties on future product sales.
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Gritstone bio, Inc. (Nasdaq: GRTS) has joined the ctMoniTR Project, a research initiative focused on using circulating tumor DNA (ctDNA) as an early indicator of long-term clinical benefit from cancer therapeutics. The project, led by Friends of Cancer Research, aims to provide data-driven evidence on how ctDNA can inform treatment decisions, support drug development, and inform regulatory decision-making. Gritstone and other partners will contribute data to help develop this evidence, with more than 25 studies and 3,000 cancer patients already involved.
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FAQ

What is the current stock price of Gritstone bio (GRTS)?

The current stock price of Gritstone bio (GRTS) is $0.0322 as of October 22, 2024.

What is the market cap of Gritstone bio (GRTS)?

The market cap of Gritstone bio (GRTS) is approximately 3.8M.

What does Gritstone bio, Inc. specialize in?

Gritstone bio specializes in developing personalized cancer immunotherapies and next-generation vaccines for infectious diseases.

Where is Gritstone bio, Inc. headquartered?

Gritstone bio is headquartered in Emeryville, California, with key operations in Cambridge, Massachusetts.

What are Gritstone's key product candidates?

Gritstone's key product candidates include GRANITE, SLATE, and CORAL, targeting solid tumors and infectious diseases.

What recent clinical updates has Gritstone reported?

Gritstone recently reported promising preliminary Phase 2 data for GRANITE in metastatic colorectal cancer and progress in their SLATE-KRAS and CORAL programs.

Who are Gritstone bio's collaborators?

Gritstone collaborates with the National Cancer Institute (NCI) and other industry leaders to advance their innovative vaccine platforms.

When was Gritstone bio founded, and how was it funded?

Gritstone bio was founded in 2015 with a Series A financing of $102 million.

What makes Gritstone's vaccines unique?

Gritstone's vaccines leverage innovative vectors and payloads to train the immune system, utilizing platforms like self-amplifying mRNA (samRNA) for robust and durable immune responses.

How does Gritstone's financial condition look?

Gritstone's financial condition is strong, supported by recent public offerings and backing from prominent foundations and government agencies.

What is the significance of the CORAL program?

The CORAL program is significant for its next-generation SARS-CoV-2 vaccine, which shows potential for robust immunity in diverse populations, including those with HIV.

What is the future outlook for Gritstone bio?

Gritstone continues to advance its clinical programs and achieve regulatory milestones, with a focus on leveraging their innovative technologies for transformative advances in oncology and infectious diseases.

Gritstone bio, Inc.

Nasdaq:GRTS

GRTS Rankings

GRTS Stock Data

3.80M
118.11M
1.91%
29.03%
6.37%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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