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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.

Overview

Inhibrx Biosciences Inc (INBX) is a clinical-stage biopharmaceutical company focused on the innovative development of novel biologic therapeutic candidates. Utilizing proprietary modular protein engineering platforms, the company is committed to addressing significant unmet medical needs in oncology and rare diseases through precise, target-centric therapeutic design.

Proprietary Technology and Engineering Excellence

At the heart of Inhibrx Biosciences’ operations is its advanced protein engineering technology. This industry-leading platform enables the development of multivalent formats that allow for precise adjustment of antibody valency. The flexibility of this modular approach provides a tailored agonist function, ensuring each therapeutic candidate is optimized for complex biological targets.

Clinical Pipeline and Therapeutic Candidates

Inhibrx Biosciences has built a robust clinical pipeline featuring a diverse range of novel biologic candidates. These candidates are meticulously engineered using multivalent designs to enhance therapeutic efficacy and safety. The company’s approach is deeply rooted in the application of innovative protein engineering methodologies that help accelerate the path from preclinical research to clinical validation.

Business Model and Market Position

The business model centers on advancing clinical-stage therapeutics using a flexible, data-driven approach. Rather than relying on traditional models, Inhibrx Biosciences emphasizes the use of cutting-edge modular platforms to generate bio-optimized therapeutic candidates. This focus on precision and adaptability not only differentiates the company from its peers but also positions it as a forward-thinking entity in the competitive biopharmaceutical landscape.

Strategic Partnerships and Financial Structuring

Inhibrx Biosciences has secured strategic partnerships and innovative financing solutions to support its clinical programs. Such collaborations provide the company with the necessary capital and operational flexibility to continue its research and development efforts. These partnerships, including tailored term loan facilities from specialized financial institutions, ensure that the company maintains a robust infrastructure for ongoing clinical investigations.

Operational Excellence and Scientific Rigor

The company upholds stringent standards of scientific and operational excellence. Through its proprietary protein engineering techniques and commitment to exhaustive preclinical and clinical evaluations, Inhibrx Biosciences ensures its therapeutic candidates are developed with the highest standards of quality. This rigorous approach reinforces trust and credibility among industry analysts and investors alike.

Expert Insights and Industry Relevance

  • Protein Engineering
  • Biologic Therapeutics
  • Multivalent Formats

By integrating advanced protein engineering with a deep understanding of disease biology, Inhibrx Biosciences continues to innovate in the development of precision-targeted therapies. This expert approach not only augments its clinical pipeline but also contributes to a broader industry narrative of overcoming complex therapeutic challenges in oncology and orphan diseases.

Rhea-AI Summary
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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FAQ

What is the current stock price of Inhibrx Biosciences (INBX)?

The current stock price of Inhibrx Biosciences (INBX) is $14.05 as of April 1, 2025.

What is the market cap of Inhibrx Biosciences (INBX)?

The market cap of Inhibrx Biosciences (INBX) is approximately 203.0M.

What does Inhibrx Biosciences Inc specialize in?

Inhibrx Biosciences Inc specializes in the development of novel biologic therapeutic candidates using proprietary modular protein engineering platforms.

How does the company utilize protein engineering in its therapies?

The company employs advanced protein engineering to design multivalent formats, allowing precise tuning of therapeutic candidates to optimize target-specific agonist functions.

What are the primary therapeutic focus areas of the company?

Inhibrx Biosciences primarily focuses on addressing unmet needs in oncology and rare or orphan diseases through innovative biologic therapies.

How does Inhibrx differentiate itself from competitors?

The company differentiates itself through its proprietary modular approach to protein engineering, enabling highly customizable and targeted therapeutic solutions that specifically address complex disease biology.

What stage is Inhibrx Biosciences in regarding its clinical pipeline?

Inhibrx Biosciences operates as a clinical-stage biopharmaceutical company, advancing its diverse pipeline through rigorous preclinical studies and clinical trials.

How is the company supporting its clinical development?

It supports its clinical development efforts through strategic partnerships and innovative financial structuring, which provide the necessary capital and operational flexibility for continued R&D.

What advantages does the multivalent format offer?

The multivalent format allows for precise modulation of therapeutic activity, enhancing both efficacy and safety by optimizing the engagement of specific biological targets.

Where can investors find reliable information on Inhibrx Biosciences?

Investors can obtain comprehensive, unbiased insights from trusted sources like Stock Titan, which provides detailed descriptions and analyses of companies like Inhibrx Biosciences.
Inhibrx Biosciences Inc

Nasdaq:INBX

INBX Rankings

INBX Stock Data

202.95M
9.50M
26.96%
70%
8.19%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
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