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Inhibrx Biosciences Inc - INBX STOCK NEWS

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

Inhibrx Biosciences Inc (INBX) is a clinical-stage biopharmaceutical innovator developing targeted therapies for oncology and rare diseases through advanced protein engineering. This dedicated news hub provides investors and industry observers with comprehensive access to official corporate communications and verified developments.

Our curated collection features INBX's latest press releases, regulatory filings, and clinical trial updates. Track progress across therapeutic programs including multivalent biologics and optimized antibody candidates designed through the company's proprietary modular platforms. Stay informed about strategic partnerships, research milestones, and financial disclosures that shape INBX's position in biopharmaceutical innovation.

Key updates include clinical development timelines, intellectual property advancements, and collaborative research initiatives. All content is sourced directly from company filings and authorized statements to ensure reliability. Bookmark this page for streamlined access to INBX's evolving pipeline and corporate announcements, presented with neutral analysis suitable for both institutional and individual investors.

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Inhibrx, Inc. reported financial results for Q4 and FY 2023, including the sale of INBRX-101 to Sanofi, termination of INBRX-105 program, and a company-wide blackout. Cash and cash equivalents decreased to $277.9 million. R&D expenses and G&A expenses increased due to various factors. Net loss was $93.6 million in Q4 2023.
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Inhibrx, Inc. (Nasdaq: INBX) and Sanofi (Nasdaq: SNY) have entered into a definitive agreement under which Sanofi will acquire all assets and liabilities associated with INBRX-101. Inhibrx shareholders will receive $30 per share in cash, a CVR of $5, and 0.25 shares in New Inhibrx. Sanofi will pay off Inhibrx's outstanding debt and capitalize New Inhibrx with $200 million in cash.
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Inhibrx, Inc. (Nasdaq: INBX) reported financial results for Q3 2023, including a $200 million private placement financing. They also announced retaining rights to INBRX-101 and shared positive preliminary efficacy and safety data from the Phase 1 trial of INBRX-109 at the CTOS Conference. Cash and cash equivalents increased to $337.3 million, with a net loss of $51.8 million.
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Inhibrx, Inc. announced preliminary efficacy and safety data from the Phase 1 trial of INBRX-109 in combination with Irinotecan and Temozolomide (IRI/TMZ) for the treatment of advanced or metastatic, unresectable Ewing sarcoma. The disease control rate was 76.9%, with 7 patients achieving partial responses. Durable clinical benefit was observed in 30.8% of patients. The most common adverse events were diarrhea, nausea, and fatigue. No grade 3 or higher liver-related events occurred.
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Inhibrx, Inc. to present at upcoming scientific conferences
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Chiesi declines option for ex-North American rights to develop INBRX-101 for AATD, Inhibrx now has full global rights. Potential opportunity in Europe and Japan for GvHD indication.
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Inhibrx, Inc. (Nasdaq: INBX) announced the initiation of a registration-enabling trial for INBRX-101, a recombinant human AAT-Fc fusion protein targeting emphysema due to alpha-1 antitrypsin deficiency. This trial, named ElevAATe, includes 36 patients receiving doses every three weeks and aims to measure functional AAT concentration over 32 weeks across 35 sites in the U.S., Australia, and New Zealand. Additionally, the FDA lifted the partial clinical hold on INBRX-109, a DR5 agonist. Patient enrollment for INBRX-109 will resume next month, with data anticipated by late 2023 for Phase 1 cohorts and late 2024 for the registration trial data. The company continues to advance its clinical pipeline in oncology and rare diseases.

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Inhibrx Biosciences Inc

Nasdaq:INBX

INBX Rankings

INBX Stock Data

166.04M
9.50M
26.96%
70%
8.19%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
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