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HOOKIPA Pharma Inc. - HOOK STOCK NEWS

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

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 Inc. (NASDAQ: HOOK) will participate in the virtual SVB Securities Global Biopharma Conference from February 14-16, 2023. The company plans to deliver a corporate presentation on February 14, 2023, at 10:00 AM EST. Interested parties can access the live webcast and archived replay through the Investors & Media section of HOOKIPA’s website.

HOOKIPA is focused on developing innovative immunotherapies utilizing its proprietary arenavirus platform. Their pipeline includes therapies targeting Human Papillomavirus 16-positive cancers and prostate cancers, along with collaborations with Roche and Gilead on cancer and viral infections.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced a $5 million non-dilutive milestone payment from Gilead Sciences under their collaboration agreement. This payment corresponds to the completion of a regulatory support package for a Phase 1 clinical trial of a hepatitis B therapeutic vaccine utilizing HOOKIPA's arenavirus platform. The trial is set to dose its first participant in 2023. HOOKIPA is eligible for additional milestone payments exceeding $190 million, alongside tiered royalties on net sales as it advances its innovative immunotherapy developments.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) has announced the promotion of Katia Schlienger, M.D., Ph.D., to Chief Medical Officer and the appointment of Malte Peters, M.D., to its Board of Directors, effective January 1, 2023. Dr. Schlienger has been integral to HOOKIPA’s clinical strategy in immuno-oncology since joining in 2021. Meanwhile, Dr. Peters, with extensive experience in oncology and infectious disease, is poised to enhance HOOKIPA’s pipeline development. This leadership change is expected to strengthen the company’s clinical programs aimed at treating head and neck and prostate cancers.

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HOOKIPA Pharma (NASDAQ: HOOK) announced its participation in the virtual investor meetings and panel discussions at The JMP Securities Hematology and Oncology Summit on December 6-7, 2022. The company focuses on developing novel immunotherapies using its proprietary arenavirus platform, which aims to mobilize targeted T cells against serious diseases. HOOKIPA’s pipeline includes investigational treatments for Human Papillomavirus 16-positive cancers, prostate cancers, and collaborations with Roche and Gilead for KRAS-mutated cancers and functional cures for HBV and HIV, respectively.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced significant advancements in its oncology programs, including a collaboration with Roche to develop HB-700 for KRAS-mutated cancers. The FDA accepted HOOKIPA's Investigational New Drug Application for HB-300, targeting metastatic castration-resistant prostate cancer. Financially, HOOKIPA reported Q3 2022 revenue of $2.2 million, down from $3.9 million year-over-year, and a net loss of $18.3 million, a decrease from $20.0 million in Q3 2021. HOOKIPA's cash position was robust at $100.7 million as of September 30, 2022.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced it will release its Q3 2022 financial results and company update on November 14, 2022, prior to market opening. The company develops immunotherapies based on its proprietary arenavirus platform for serious diseases, including HPV-positive cancers and prostate cancer. Collaborations with Roche and Gilead aim to enhance its immunotherapeutic pipeline. Notably, HOOKIPA will not hold a conference call following this earnings release, indicating a shift in communication strategy with investors.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) will participate in the Sidoti Micro-Cap Virtual Conference on November 9-10, 2022. The company's corporate presentation is scheduled for November 10 at 12:15 PM EST. The event will be accessible through a webcast on HOOKIPA's website, with an archived replay available for 30 days post-event.

HOOKIPA focuses on developing innovative immunotherapeutics using its proprietary arenavirus platform to combat serious diseases like Human Papillomavirus 16-positive cancers and prostate cancers, with collaborations with Roche and Gilead.

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HOOKIPA Pharma has entered a collaboration with Roche to advance its HB-700 program targeting KRAS-mutated cancers, receiving $25 million upfront and potential milestone payments totaling approximately $930 million. This partnership marks HOOKIPA's first oncology licensing collaboration, where they will lead early research and clinical development for HB-700. Roche may expand the collaboration with an additional product candidate, enhancing the commercial potential of HOOKIPA's proprietary arenavirus platform.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced participation in two major investor conferences: the Morgan Stanley Global Healthcare Conference and the H.C. Wainwright Global Investment Conference, both taking place from September 12-14, 2022 in New York.

The Fireside Chat is scheduled for September 13 at 12:55 PM ET, and can be accessed via HOOKIPA’s website, with archived replays available for 30 days post-event. HOOKIPA focuses on innovative immunotherapies leveraging its proprietary arenavirus platform to tackle diseases, including cancers and viral infections like HBV and HIV.

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HOOKIPA Pharma reported promising advancements in its cancer treatments, specifically HB-200 and HB-300. The Phase 1 data for HB-200 in head and neck cancer met all endpoints, leading to a Phase 2 study. Additionally, the FDA accepted the Investigational New Drug Application for HB-300, targeting metastatic castration-resistant prostate cancer. Financially, HOOKIPA's cash position improved significantly, reaching $118.9 million, although revenue fell to $2.7 million from $5.4 million year-over-year, attributed to lower collaboration reimbursements. The net loss decreased slightly to $16.4 million.

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FAQ

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

The current stock price of HOOKIPA Pharma (HOOK) is $2.02 as of December 20, 2024.

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

The market cap of HOOKIPA Pharma (HOOK) is approximately 25.8M.

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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25.80M
7.59M
21.44%
37.16%
0.37%
Biotechnology
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