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Hepion Pharmaceuticals, Inc. - HEPA STOCK NEWS

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

Hepion Pharmaceuticals, Inc. (NASDAQ: HEPA) is a biopharmaceutical company headquartered in Edison, New Jersey. Founded in 2013, the company focuses on developing advanced drug therapies for chronic liver diseases. Hepion's core mission is to enhance treatment options for liver conditions such as non-alcoholic steatohepatitis (NASH), viral hepatitis, and hepatocellular carcinoma (HCC).

The company's flagship product is Rencofilstat, a pan-cyclophilin inhibitor designed to target multiple pathological pathways involved in liver disease progression. This pleiotropic drug therapy has shown promising results in preclinical and clinical trials, including recently completed Phase I trials. Rencofilstat is currently being studied for its potential to address complex liver pathologies, including fibrosis and cancerous conditions associated with NASH and hepatitis.

Another significant development from Hepion is Tenofovir Exalidex, a lipid acyclic nucleoside phosphonate intended to deliver high intracellular concentrations of tenofovir diphosphate, an active antiviral agent. This drug aims to offer more effective treatment options for Hepatitis B patients.

Hepion Pharmaceuticals has also made headlines with its adoption of artificial intelligence (AI)-driven drug development, focusing on precision medicine for chronic diseases. Recent research has revealed that Rencofilstat may exert anti-cancer activity through mechanisms such as altering DNA accessibility, silencing oncogenes, and activating tumor suppressor genes.

The company was formerly known as ContraVir Pharmaceuticals, Inc. before rebranding to Hepion Pharmaceuticals in July 2019 to better align with its focus on liver disease therapies. With a commitment to cutting-edge research and development, Hepion Pharmaceuticals continues to advance its clinical programs and partnerships, offering hope to patients suffering from debilitating liver diseases.

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Hepion Pharmaceuticals (NASDAQ:HEPA) appointed Dr. Eddie C. Cheung to lead Strategic Medical Affairs in Asia, advancing the development of rencofilstat for NASH and hepatocellular carcinoma (HCC). Dr. Cheung's extensive experience in gastroenterology and hepatology will facilitate partnerships and regulatory interactions in Asia. His role is crucial given that over 75% of global liver cancer cases occur in Asia, with China accounting for a significant portion. Hepion aims to leverage AI-POWR™ to enhance treatment strategies for NASH and expand its therapeutic reach.

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Hepion Pharmaceuticals (NASDAQ:HEPA) announced that CEO Dr. Robert Foster will present at the BIO CEO & Investor Conference on February 15, 2022, at 11:15 AM ET in New York. The presentation will focus on the company's lead drug candidate, rencofilstat, which targets non-alcoholic steatohepatitis (NASH) and hepatocellular carcinoma (HCC). This candidate has received FDA Fast Track designation and shows promise in reducing liver fibrosis and tumor burden. Hepion's proprietary AI platform, AI-POWR™, aims to optimize treatment strategies for NASH patients.

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Hepion Pharmaceuticals announced promising results for its drug candidate rencofilstat (CRV431) in treating liver cancer in a recent study. Conducted alongside Newcastle University, the research revealed that combining rencofilstat with an anti-PD1 antibody significantly reduced tumor growth by 69% and increased survival time in mice by 26%. This combination therapy addresses the challenges posed by non-alcoholic fatty liver disease, which can hinder anti-PD1 treatment efficacy. Hepion has FDA approval to initiate a phase 2a study for rencofilstat in hepatocellular carcinoma.

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Hepion Pharmaceuticals (NASDAQ:HEPA) sadly reports the passing of Thomas Adams, Ph.D., a Board member, on January 9, 2022. Dr. Adams, who joined the Board in September 2016, was a renowned figure in biotechnology. The Chairman, Gary S. Jacob, expressed condolences, emphasizing Adams' significant contributions and impact on the company. Hepion's lead drug candidate, rencofilstat, is advancing in clinical-phase development for NASH and has received Fast Track designation from the FDA. The company is leveraging its AI platform, AI-POWR™, to enhance patient response in treatment and explore additional indications for rencofilstat.

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Hepion Pharmaceuticals announced that the USAN Council has adopted the name rencofilstat for its lead drug candidate, CRV431, aimed at treating non-alcoholic steatohepatitis (NASH) and liver diseases. This name will be used in future publications and presentations as the company advances clinical development. Rencofilstat is a potent cyclophilin inhibitor, showing promise in reducing liver fibrosis and tumor burden in NASH models. The FDA granted Fast Track designation for rencofilstat in November 2021 and accepted its IND application for hepatocellular carcinoma in December 2021.

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Hepion Pharmaceuticals (NASDAQ:HEPA) is set to participate in the virtual H.C. Wainwright BioConnect Conference from January 10-13, 2022. The company will offer a pre-recorded presentation available on-demand for registered attendees and on its website starting January 10. Hepion's lead drug candidate, CRV431, is in clinical development for treating non-alcoholic steatohepatitis (NASH), aiming to mitigate liver disease impacts. The company leverages its AI platform, AI-POWR™, to enhance patient selection and potentially expedite drug development timelines.

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Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), announced that its Chief Medical Officer, Dr. Todd Hobbs, will present data from the Phase 2 AMBITION study at the NASH-TAG 2022 Conference on January 8, 2022. The presentation, titled 'Investigating CRV431 in NASH Patients: Data from the Phase 2a AMBITION Study,' was selected as one of the nine 'distinguished' abstracts for oral presentation. The company's lead drug candidate, CRV431, targets non-alcoholic steatohepatitis (NASH) and shows potential in reducing liver fibrosis and tumor burden in experimental models.

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Hepion Pharmaceuticals has received FDA clearance for its investigational new drug (IND) application for CRV431, aimed at treating hepatocellular carcinoma (HCC). This IND allows CRV431 to advance directly into Phase 2 trials, complementing its existing development for non-alcoholic steatohepatitis (NASH). The drug, which is orally administered, has shown positive results in earlier trials and is designed to target liver disease effectively. Its potential benefits include enhanced patient experience and reduced side effects compared to traditional cancer therapies.

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Hepion Pharmaceuticals (NASDAQ:HEPA) announced that the FDA granted Fast Track designation for its lead drug candidate, CRV431, in treating non-alcoholic steatohepatitis (NASH). This designation enables expedited approval reviews and facilitates early communication with the FDA. CRV431 has shown efficacy in early clinical trials and is set to enter a larger Phase 2b study called ASCEND-NASH. Given that approximately 5% of U.S. adults have NASH and no FDA-approved treatments exist, this designation is significant for advancing CRV431 to market.

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Hepion Pharmaceuticals (NASDAQ:HEPA) announced promising nonclinical research results for its lead drug CRV431, which significantly reduced liver tumor growth in a mouse model. The study demonstrated that CRV431 decreased tumor size by 76%, rivaling an anti-PD1 antibody, while a combination treatment further improved outcomes by 83%. Additionally, CRV431 positively altered immune cell populations in tumors, suggesting enhanced anti-cancer activity. These findings support CRV431’s potential for treating hepatocellular carcinoma and non-alcoholic steatohepatitis, addressing urgent medical needs.

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FAQ

What is the current stock price of Hepion Pharmaceuticals (HEPA)?

The current stock price of Hepion Pharmaceuticals (HEPA) is $0.4999 as of December 24, 2024.

What is the market cap of Hepion Pharmaceuticals (HEPA)?

The market cap of Hepion Pharmaceuticals (HEPA) is approximately 3.5M.

What is the main focus of Hepion Pharmaceuticals?

Hepion Pharmaceuticals focuses on developing drug therapies for chronic liver diseases, including NASH, hepatitis, and HCC.

What is Rencofilstat?

Rencofilstat is a pan-cyclophilin inhibitor developed by Hepion Pharmaceuticals to target multiple pathways in liver disease progression.

What other products is Hepion Pharmaceuticals developing?

Besides Rencofilstat, Hepion is also developing Tenofovir Exalidex for the treatment of Hepatitis B.

Where is Hepion Pharmaceuticals headquartered?

Hepion Pharmaceuticals is headquartered in Edison, New Jersey, USA.

When was Hepion Pharmaceuticals founded?

Hepion Pharmaceuticals was founded in 2013.

Has Rencofilstat completed any clinical trials?

Yes, Rencofilstat has completed Phase I clinical trials and is currently being studied further.

Does Hepion Pharmaceuticals use any advanced technologies in its research?

Yes, Hepion employs AI-driven therapeutic development to enhance precision medicine for chronic diseases.

What was the former name of Hepion Pharmaceuticals?

Hepion Pharmaceuticals was formerly known as ContraVir Pharmaceuticals, Inc.

Why did the company change its name?

The name was changed to better reflect its focus on developing therapies for liver diseases.

Is Hepion Pharmaceuticals involved in any partnerships?

Yes, Hepion actively engages in partnerships and collaborations to advance its clinical programs and therapeutic developments.

Hepion Pharmaceuticals, Inc.

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