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HOOKIPA Pharma Inc. - HOOK STOCK NEWS

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HOOKIPA Pharma Inc. (symbol: HOOK) is a clinical-stage biopharmaceutical company dedicated to the development of immunotherapeutics aimed at preventing and treating infectious diseases and cancer. Leveraging its proprietary arenavirus platform, HOOKIPA has created VaxWave® and TheraT®, groundbreaking technologies that reprogram and stimulate the immune system.

VaxWave® is a replication-deficient viral vector, while TheraT® is an attenuated replicating vector. Both technologies are designed to induce strong pathogen-neutralizing antibodies and CD8+ T cells. Remarkably, these vectors can be administered repeatedly without losing efficacy. TheraT® has shown the ability to stimulate CD8+ T cell responses to tumor antigens, achieving frequencies and potencies comparable to or surpassing those seen in adoptive T cell therapy.

HOOKIPA's viral vectors are administered systemically and target dendritic cells in vivo, effectively activating the immune system. This capability is particularly beneficial in the field of immuno-oncology, where it allows for the systemic combating of both primary and metastatic solid tumors.

In recent achievements, HOOKIPA has successfully completed a Phase 1 clinical trial, demonstrating the potential and safety of its innovative approaches. The company continues to focus on advancing its pipeline, which includes the development of an arenavirus-based immunotherapy for KRAS mutant cancer and a neoadjuvant HPV16-specific immunotherapy combined with chemotherapy for HPV16-positive oropharyngeal cancer.

As of December 31, 2023, the company maintains a robust financial position. HOOKIPA remains committed to pioneering immune-based treatments that offer hope for patients with infectious diseases and cancer, positioning itself at the forefront of biopharmaceutical innovation.

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HOOKIPA Pharma (NASDAQ: HOOK) announced the first participant has been dosed in the Phase 1b clinical trial of HB-500, a novel arenaviral therapeutic vaccine for HIV developed in collaboration with Gilead Sciences. This milestone has triggered a $5 million non-dilutive payment under their collaboration agreement. The trial, which began on July 1, 2024, will assess the safety, tolerability, reactogenicity, and immunogenicity of HB-500 in HIV patients on suppressive antiretroviral treatment. The Phase 1b trial includes two dose escalation cohorts randomized to receive either HB-500 or a placebo. HOOKIPA is responsible for advancing the HIV program through this trial, after which Gilead has the exclusive right to continue development.

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HOOKIPA Pharma announced updated Phase 2 clinical data for HB-200 combined with pembrolizumab in treating recurrent/metastatic HPV16+ head and neck cancer at the ASCO 2024 Annual Meeting. Out of 35 evaluable patients, results showed a 37% confirmed objective response rate (ORR), 11% complete response (CR) rate, and 69% disease control rate (DCR). Notably, in a subset of 17 patients with a PD-L1 CPS of 20 or higher, the ORR was 53%, CR rate 18%, and DCR 82%. Preliminary progression-free survival (PFS) for this subset was 16.3 months, with a 9-month overall survival (OS) rate of 88%. The treatment was generally well-tolerated, with Grade ≥3 treatment-related adverse events reported in 15% of patients. The pivotal Phase 2/3 trial is set to begin in Q4 2024.

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HOOKIPA Pharma (NASDAQ: HOOK) will host an investor call on June 4, 2024, at 4:15 p.m. ET to discuss promising preliminary results from its Phase 2 clinical trial of HB-200 in combination with pembrolizumab.

The data, presented at the American Society of Clinical Oncology 2024 Annual Meeting, focuses on progression-free survival and overall survival for patients with a Combined Positive Score (CPS) ≥20, targeting human papillomavirus 16 positive head and neck cancer.

The company's proprietary arenavirus platform underpins this new class of immunotherapeutics.

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HOOKIPA Pharma announced positive results from its Phase 1/2 trial of HB-200 for HPV16+ head and neck cancers, to be presented at ASCO 2024. The study, which involved 42 patients, showed an objective response rate (ORR) of 53% and a disease control rate (DCR) of 82% among patients with PD-L1 CPS of 20 or higher. HB-200 combined with pembrolizumab exhibited a favorable safety profile, with no treatment-related deaths and low treatment discontinuation rates. Additional data, including preliminary progression-free survival and overall survival, will be presented on June 4, 2024. Preliminary findings from an investigator-initiated trial for HB-200 with chemotherapy in non-metastatic HPV16+ cancers showed promising results, with an 81% deep response rate. Preclinical data for HB-700, targeting KRAS mutations, demonstrated effective T-cell responses and tumor cell killing in mice.

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HOOKIPA Pharma Inc. reported its first quarter 2024 financial results and business highlights, focusing on its pivotal trial design for HB-200 in combination with pembrolizumab for HPV16+ recurrent or metastatic OPSCC. The company received FDA clearance for its IND application for HB-700 for KRAS mutated cancers. Financially, HOOKIPA saw total revenues of $36.6 million, driven by milestone payments, resulting in a profitable quarter.

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HOOKIPA Pharma announced the final pivotal Phase 2/3 trial design for HB-200 in combination with pembrolizumab. The trial is for the first-line treatment of patients with HPV16+ recurrent or metastatic oropharyngeal squamous cell carcinoma. The Company has aligned with the FDA and anticipates enrolling the first patient in Q4 2024. The data will be presented at ASCO 2024 Annual Meeting, with two additional abstracts accepted. HOOKIPA's CEO expressed confidence in the trial design and potential for accelerated approval based on favorable results.
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HOOKIPA Pharma announced FDA clearance of its Investigational New Drug Application for HB-700, a novel arenaviral therapeutic vaccine for the treatment of KRAS-mutated cancers. The program targets five prevalent KRAS mutations in lung, colorectal, pancreatic, and other cancers, potentially benefiting more patients than single mutation inhibitors. The IND submission resulted in a $10 million milestone payment from Roche, giving HOOKIPA full control of the intellectual property portfolio and collaboration rights for the HB-700 program. Preclinical data will be presented at the ASCO 2024 Annual Meeting, showcasing the company's commitment to advancing oncology treatments.
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HOOKIPA Pharma Inc. grants 250,000 non-statutory options to its Chief Development Officer, Mark Winderlich, under the 2023 Inducement Plan. The options have an exercise price of $0.76 per share, a ten-year term, and vest over four years. This award was granted as an inducement material to Winderlich's acceptance of employment with HOOKIPA in accordance with Nasdaq Listing Rule 5635(c)(4).
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HOOKIPA announces alignment with FDA on pivotal trial design and protocol for HB-200 in combination with pembrolizumab, receiving PRIME designation from EMA. Investor call scheduled to discuss regulatory interactions.
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HOOKIPA Pharma Inc. reports promising Phase 2 data for HB-200 in combination with pembrolizumab for head and neck cancers. They are finalizing IND activities for HB-700 and progressing on infectious disease programs. Financially, they have a strong cash position of $117.5 million at year end 2023.
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FAQ

What is the current stock price of HOOKIPA Pharma (HOOK)?

The current stock price of HOOKIPA Pharma (HOOK) is $2.72 as of November 20, 2024.

What is the market cap of HOOKIPA Pharma (HOOK)?

The market cap of HOOKIPA Pharma (HOOK) is approximately 27.2M.

What does HOOKIPA Pharma Inc. specialize in?

HOOKIPA Pharma Inc. specializes in developing immunotherapeutics targeting infectious diseases and cancer using its proprietary arenavirus platform.

What are VaxWave® and TheraT®?

VaxWave® and TheraT® are proprietary technologies developed by HOOKIPA to stimulate the immune system. VaxWave® is a replication-deficient viral vector, while TheraT® is an attenuated replicating vector.

How do the arenavirus technologies work?

The technologies reprogram the immune system to induce pathogen-neutralizing antibodies and CD8+ T cells, effectively targeting and neutralizing infectious agents and cancer cells.

What recent achievements has HOOKIPA made?

HOOKIPA has successfully completed a Phase 1 clinical trial and is advancing its pipeline with new immunotherapies for HPV16-positive oropharyngeal cancer and KRAS mutant cancer.

How are HOOKIPA's viral vectors administered?

HOOKIPA's viral vectors are administered systemically, targeting dendritic cells in vivo and activating the immune system to combat diseases.

What is the financial condition of the company?

As of December 31, 2023, HOOKIPA maintains a strong financial position, supporting its ongoing research and development efforts.

What is the significance of TheraT® in cancer treatment?

TheraT® induces CD8+ T cell responses to tumor antigens, achieving frequencies and potencies that match or exceed those observed in adoptive T cell therapy, making it significant for cancer treatment.

Who can be contacted for investor relations?

For investor relations, Michael Kaiser can be contacted at michael.kaiser@hookipapharma.com or +1 (917) 984 7537.

What are the upcoming projects for HOOKIPA?

Upcoming projects include the continued development of arenavirus-based immunotherapies for various cancers, including KRAS mutant cancer and HPV16-positive oropharyngeal cancer.

What makes HOOKIPA's technologies unique?

HOOKIPA's technologies are unique because they allow repeated administration while maintaining efficacy, and they target dendritic cells to activate the immune system effectively.

HOOKIPA Pharma Inc.

Nasdaq:HOOK

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27.21M
7.59M
21.44%
37.16%
0.37%
Biotechnology
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