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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 release its second quarter 2022 financial results and company update on August 11, 2022, prior to market opening. The company, focused on immunotherapies using its proprietary arenavirus platform, aims to mobilize targeted T cells to combat serious diseases. Its pipeline includes investigational therapies for HPV16+ cancers, prostate cancer, KRAS-mutated cancers, and efforts to develop functional cures for HBV and HIV in collaboration with Gilead. No conference call is scheduled for this earnings release.

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HOOKIPA Pharma has received FDA acceptance for its IND application for HB-300, a novel immunotherapy targeting metastatic castration-resistant prostate cancer, marking a significant advancement in its oncology pipeline. The Drug Master File (DMF) has also been accepted, facilitating faster clinical development. HB-300 utilizes a dual arenaviral approach to stimulate immune responses against prostate cancer antigens PAP and PSA, with potential expansions to include PSMA. This development is crucial as treatment options are limited for this aggressive cancer form, affecting survival rates.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced key leadership changes effective July 1, 2022, as it advances its clinical development. Igor Matushansky will step down as CMO but will remain as Chair of the Scientific Advisory Board. Katia Schlienger has been promoted to Executive Vice President, Clinical Development, bringing significant experience in oncology therapeutics. Roman Necina becomes Chief Development Officer, integrating project management and operational excellence to enhance pipeline efficiency. The leadership shift aims to strengthen HOOKIPA's capabilities in immunotherapy.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) will participate in investor meetings at the JMP Securities Life Sciences Conference on June 15-16, 2022, in New York City. The company focuses on developing immunotherapeutics based on its proprietary arenavirus platform, which aims to enhance T cell responses against serious diseases. HOOKIPA's pipeline includes therapies targeting HPV16+ cancers, prostate cancer, and KRAS-mutated cancers. Additionally, it seeks to develop functional cures for HBV and HIV in collaboration with Gilead.

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HOOKIPA Pharma has reported positive Phase 1 results for its HB-200 program targeting advanced HPV16+ head and neck cancer. The new alternating 2-vector therapy (HB-202/HB-201) demonstrated superior immune and tumor responses compared to the single-vector (HB-201), achieving an 80% disease control rate. Moving forward, HOOKIPA plans to advance to Phase 2 trials, which will explore the new therapy in conjunction with pembrolizumab and also as a standalone treatment in a post-standard care setting. These findings reflect HOOKIPA's commitment to innovative immunotherapy solutions in oncology.

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HOOKIPA Pharma presented promising preclinical data on its arenaviral therapeutic vaccines for HIV at the Keystone Symposium. The findings show that an alternating 2-vector therapy resulted in a significantly stronger immune response compared to single-vector therapy, leading to a substantial reduction in viral load. Conducted in collaboration with Gilead Sciences, this research utilized a simian immunodeficiency virus model to assess immune response. HOOKIPA aims to advance this therapy through a Phase 1b clinical trial, supported by Gilead's funding. These investigational compounds have not been approved for use.

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HOOKIPA Pharma announced positive Phase 1 trial results for its HB-200 program targeting HPV16+ head and neck cancers. The data showed that both single-vector HB-201 and the 2-vector HB-202/HB-201 therapies were generally well tolerated and induced tumor-specific T cells, demonstrating anti-tumor activity in patients who had undergone extensive prior treatment. The company plans to present these findings at the ASCO Annual Meeting in June 2022, including the recommended Phase 2 dose for HB-202/HB-201.

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HOOKIPA Pharma reported a strong cash position of $142 million as of March 31, 2022, following a capital raise and collaboration with Gilead. The company is advancing its HB-200 program, with Phase 1 data expected mid-year and Phase 2 data expected in late 2022. However, revenue for Q1 2022 was $1.4 million, a decline from $5.3 million in Q1 2021, attributed to lower reimbursements under the Gilead collaboration. The net loss for the quarter was $18 million, slightly higher than the previous year's loss.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced it will release its first quarter 2022 financial results on May 16, 2022, before the market opens. The company specializes in developing novel immunotherapies using its proprietary arenavirus platform to enhance T cell responses against serious diseases. HOOKIPA's pipeline focuses on investigational immunotherapeutics targeting various cancers and aims to develop functional cures for HBV and HIV in partnership with Gilead. No conference call will accompany the earnings release.

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HOOKIPA Pharma Inc. (NASDAQ: HOOK) announced its participation in several investor conferences in May 2022. Key events include the BofA Securities 2022 Healthcare Conference from May 10-13, with a fireside chat on May 10 at 8:40am PT; the 2022 RBC Capital Markets Global Healthcare Conference on May 17-18, featuring a chat on May 17 at 4:05pm ET; and the H.C. Wainwright Global Investment Conference from May 23-26, with a chat on May 24 at 2:00pm ET. Webcasts will be available on their website, with archived replays accessible for 30 days.

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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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HOOK Stock Data

25.80M
7.59M
21.44%
37.16%
0.37%
Biotechnology
Pharmaceutical Preparations
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