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Harpoon Therapeutics, Inc. - HARP STOCK NEWS

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

Harpoon Therapeutics, Inc. (NASDAQ: HARP) is a clinical-stage immunotherapy company founded in 2015. Specializing in developing T cell engagers, Harpoon harnesses the body’s immune system to combat cancer and other serious diseases. Co-founded by Patrick Bauerle and Luke Evnin, the company leverages groundbreaking T cell recruiting antibodies to develop next-generation therapies. Harpoon's innovative platforms include the Tri-specific T cell Activating Construct (TriTAC®), ProTriTAC™, and TriTAC-XR. The TriTAC® platform aims to direct a patient's own immune cells to target and destroy tumor cells, primarily focusing on solid tumors and hematologic malignancies.

One of Harpoon's leading projects is HPN328, targeting delta-like ligand 3 (DLL3). Currently in a Phase 1/2 clinical trial, HPN328 shows promise in treating small cell lung cancer (SCLC) and other neuroendocrine tumors. Interim results indicate a 35% confirmed response rate in all tumor types studied, with higher efficacy observed in non-SCLC neuroendocrine tumors.

Harpoon's innovative approach extends to their proprietary ProTriTAC™ platform, which remains inactive until reaching the tumor, ensuring higher precision and reduced side effects. Additionally, the TriTAC-XR platform is designed to mitigate cytokine release syndrome, a common challenge in T cell therapies.

Financially, Harpoon has secured robust funding through recent PIPE financings, ensuring a solid runway into 2026. Strategic partnerships with leading oncology research centers and a strong focus on regulatory milestones underscore Harpoon's commitment to advancing cancer treatment. For more information, visit www.harpoontx.com.

  • HPN328 received Orphan Drug Designation from the FDA in March 2022.
  • The company is actively presenting data at major oncology conferences such as ESMO and ASCO-GU.
  • Harpoon plans to meet with regulators in early 2024 to discuss further development plans for HPN328.
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Seismic Therapeutic, a machine learning immunology company, has appointed Julie Eastland as an Independent Director to its Board. Ms. Eastland brings over 30 years of experience in finance and strategy within clinical stage biotechnology companies. Her expertise spans the drug development process, from discovery to commercialization, particularly in oncology and immunology.

Ms. Eastland most recently served as CEO and Board Director of Harpoon Therapeutics (HARP), which was acquired by Merck & Co in March 2024. She has held various C-level executive roles in both private and public companies, including ReCode Therapeutics, Rainier Therapeutics, and Cascadian Therapeutics. Her experience includes guiding biotechnology companies through significant organizational growth and navigating financial and operational challenges.

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Merck (MRK) acquires Harpoon Therapeutics, broadening its oncology pipeline with T-cell engagers like MK-6070 targeting DLL3. MK-6070 is in Phase 1/2 trials for small cell lung cancer (SCLC) and neuroendocrine tumors. Merck records a $650 million charge for the acquisition, impacting non-GAAP EPS by $0.26 per share for 2024.
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Merck (MRK) to Acquire Harpoon Therapeutics (HARP) for $680 Million, Adding HPN328 to Its Oncology Pipeline
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Harpoon Therapeutics, Inc. (Nasdaq: HARP) appoints James Bucher, J.D. as Chief Legal Officer and promotes Wendy Chang to Chief People Officer.
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Harpoon Therapeutics, Inc. (Nasdaq: HARP) announced the upcoming rapid oral presentation of updated interim monotherapy data from its Phase 1/2 clinical trial evaluating HPN328 in small cell lung cancer (SCLC) and other neuroendocrine tumor types at the ASCO-GU Symposium. HPN328 targets delta-like ligand 3 (DLL3) and is derived from Harpoon’s proprietary TriTAC® platform designed to recruit a patient’s own immune cells to kill tumor cells.
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Harpoon Therapeutics, a clinical-stage immunotherapy company (Nasdaq: HARP), reported favorable data from the Phase 1 study of HPN217 in patients with RRMM at the 65th American Society of Hematology Annual Meeting. The RP2D of 12 mg demonstrated a 63% Overall Response Rate, with 53% achieving Very Good Partial Response or better. The data supports further clinical development.
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Harpoon Therapeutics, Inc. (NASDAQ: HARP) reported positive interim results from Phase 1/2 trial of T cell engager HPN328 in patients with small cell lung cancer and other neuroendocrine tumor types at ESMO 2023. The company also completed a financing of up to $150 million, extended cash runway into 2026, and regained compliance with Nasdaq listing standards.
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Harpoon Therapeutics (Nasdaq: HARP) announced the acceptance of abstract and upcoming oral presentation of the results from the Phase 1 study of HPN217 in patients with relapsed/refractory multiple myeloma. The presentation will take place at the 65th American Society of Hematology (ASH) Annual Meeting and Exposition on December 11, 2023. The study focuses on a Half-Life Extended Tri-Specific T Cell Activating Construct (TriTAC®) targeting B Cell Maturation Antigen (BCMA).
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Harpoon Therapeutics, Inc. has entered into a securities purchase agreement for a PIPE financing that is expected to result in upfront gross proceeds of approximately $100 million, with up to an additional approximately $50 million of gross proceeds upon cash exercise of warrants.
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Harpoon Therapeutics announces updated interim data from Phase 1/2 clinical trial of HPN328 in small cell lung cancer and other neuroendocrine tumor types
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FAQ

What is the market cap of Harpoon Therapeutics (HARP)?

The market cap of Harpoon Therapeutics (HARP) is approximately 492.3M.

What is Harpoon Therapeutics' primary focus?

Harpoon Therapeutics focuses on developing novel T cell engagers to harness the body’s immune system to treat cancer and other serious diseases.

What is the TriTAC® platform?

The TriTAC® platform is Harpoon's proprietary technology designed to direct a patient's T cells to target and kill tumor cells.

What are the recent clinical trial updates for HPN328?

In the Phase 1/2 trial, HPN328 showed a 35% confirmed response rate across various neuroendocrine tumor types, with promising activity and tolerability.

What does the ProTriTAC™ platform do?

ProTriTAC™ employs a prodrug concept that keeps the T cell engager inactive until it reaches the tumor, improving precision and minimizing side effects.

What is the significance of TriTAC-XR?

TriTAC-XR is designed to mitigate cytokine release syndrome, a common side effect in T cell therapies, ensuring better patient safety.

What financial steps has Harpoon taken recently?

Harpoon secured significant funding through a PIPE financing, ensuring operational funding into 2026.

What is HPN328 targeting?

HPN328 targets delta-like ligand 3 (DLL3), associated with various neuroendocrine tumors, including SCLC.

When did HPN328 receive Orphan Drug Designation?

HPN328 received Orphan Drug Designation from the FDA in March 2022.

Where can I find more information about Harpoon Therapeutics?

Additional information is available on their website at www.harpoontx.com.

What are Harpoon’s plans for HPN328 in 2024?

Harpoon plans to meet with regulators in early 2024 to discuss the next steps in the development of HPN328.

Harpoon Therapeutics, Inc.

Nasdaq:HARP

HARP Rankings

HARP Stock Data

492.35M
21.32M
0.35%
82.85%
2.52%
Biotechnology
Healthcare
Link
United States
South San Francisco