Welcome to our dedicated page for Indaptus Therapeutics news (Ticker: INDP), a resource for investors and traders seeking the latest updates and insights on Indaptus Therapeutics stock.
Indaptus Therapeutics, Inc. (Nasdaq: INDP) is a pioneering pre-clinical biotechnology company focused on developing revolutionary treatments for cancer and certain infectious diseases. By harnessing the body’s innate and adaptive immune responses, Indaptus aims to cure disease through its proprietary platform that leverages bacteria's natural ability to activate both immune pathways.
The company’s flagship candidate, Decoy20, demonstrates significant promise in pre-clinical trials, showcasing single-agent activity and durable anti-tumor responses. These trials span various cancer models, including colorectal, hepatocellular, pancreatic carcinoma, and non-Hodgkin's lymphoma. Indaptus' technology involves the use of attenuated and killed non-pathogenic Gram-negative bacteria to safely elicit broad immune responses.
In line with its commitment to transparency and education, Indaptus actively engages with the public through social media platforms. The company shares updates on its groundbreaking research, educational content about cancer immunotherapy, and behind-the-scenes insights into its scientific progress. This engagement aims to build a community passionate about medical advancements.
Indaptus has recently advanced its innovative immunotherapy for the treatment of solid metastatic tumors into Phase 1 human trials. The safety and efficacy of Decoy20 in these trials have been promising, allowing the company to progress to multi-dosing regimens. This phase aims to further explore the safety and potential benefits of repeated Decoy20 administrations.
With a strong foundation built on over a century of immunotherapy advancements, Indaptus Therapeutics is poised to make significant strides in cancer and viral infection treatment. The company’s technology has shown potential in pre-clinical models to eradicate tumors when combined with other therapies, such as anti-PD-1 checkpoint inhibitors and low-dose chemotherapy.
Indaptus’ forward-looking strategy includes ongoing research and development activities, aiming to demonstrate the utility of its technology for treating solid tumors and chronic viral infections. The company's innovative approach, coupled with a robust pre-clinical pipeline, positions it uniquely in the biotechnology landscape, making it a noteworthy entity for investors and researchers alike.
Indaptus Therapeutics (Nasdaq: INDP) announced its participation in the 2024 Maxim Healthcare Virtual Summit. CEO Jeffrey A. Meckler will engage in a fireside chat with Jason McCarthy, Ph.D., Senior Managing Director and Head of Biotechnology Research at Maxim Group. The event is scheduled for Wednesday, October 16, 2024, at 11:00 AM ET.
The summit, taking place virtually from October 15 to 17, 2024, offers an opportunity for investors to gain insights into Indaptus Therapeutics' developments. A webcast of the fireside chat will be available at https://m-vest.com/events/healthcare-10152024. Additionally, Mr. Meckler will be available for one-on-one meetings throughout the summit, providing further engagement opportunities for interested parties.
Indaptus Therapeutics (Nasdaq: INDP) reports encouraging safety data for its Decoy20 clinical program. The independent Safety Review Committee has approved the continuation of dosing at a lower Decoy20 dose weekly and the initiation of dosing at a higher Decoy20 dose weekly. The safety profile aligns with Decoy20's mechanism of action, with mild-to-moderate treatment-related adverse events resolving quickly.
Dr. Roger Waltzman, Chief Medical Officer, states the company aims to evaluate patients receiving two distinct weekly doses to identify potential monotherapy activity and gather safety data for future combination therapy. CEO Jeffrey Meckler notes that enrolling multiple patients at two different weekly doses should accelerate trial progress. The company plans to provide further updates later in the year.
Indaptus Therapeutics (Nasdaq: INDP) announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference, scheduled for September 9-11, 2024, at the Lotte New York Palace Hotel. CEO Jeffrey A. Meckler will present a corporate overview on September 9, 2024, available on-demand starting at 7:00 AM Eastern Time.
The presentation will be accessible via webcast on the Indaptus website's investor relations section, with a replay available for approximately 90 days post-event. Meckler will also be available for one-on-one meetings throughout the conference. Interested parties can request meetings and register for the conference through the provided link.
Indaptus Therapeutics (Nasdaq: INDP) reported Q2 2024 financial results and provided a corporate update. Key highlights include:
- Completed a $3 million registered direct offering and private placement, netting $2.5 million
- Advancing Decoy20 clinical trial to weekly dosing
- Presented data at ASCO and AACR meetings
- R&D expenses increased to $1.7 million in Q2 2024
- G&A expenses rose to $2.4 million in Q2 2024
- Loss per share was $0.47 for Q2 2024
- Cash and equivalents stood at $7.3 million as of June 30, 2024
- Current cash expected to support operations into Q1 2025
Indaptus Therapeutics (Nasdaq: INDP) has announced a $3.0 million registered direct offering and concurrent private placement. The company will issue and sell 1,643,837 shares of common stock at $1.825 per share, along with unregistered warrants to purchase an equal number of shares. The warrants, exercisable at $1.70 per share, will have a five-year term. Paulson Investment Company, is acting as the exclusive placement agent. The offering is expected to close around August 8, 2024. Indaptus plans to use the net proceeds to fund research and development activities and for working capital and general corporate purposes.
Indaptus Therapeutics (Nasdaq: INDP), a clinical stage biotech company, will present new data on its lead product candidate, Decoy20, at the STING & TLR-Targeted Therapies Summit in San Diego on June 19-20, 2024. Chief Scientific Officer Dr. Michael Newman, newly named chair of the Summit, will present at 9:15 a.m. on June 20th, discussing the validation of the company’s 'Pulse-Prime' hypothesis through initial clinical data on Decoy20. CEO Jeffrey Meckler highlighted the company's advancements in immuno-oncology and its novel approach using engineered killed bacteria to stimulate the immune system in patients with advanced solid tumors.
Indaptus Therapeutics (Nasdaq: INDP) announced that Dr. Roger Waltzman, Chief Medical Officer, will present new data on their lead product candidate, Decoy20, at the 7th Annual Next-Gen Immuno-Oncology Conference in Boston on June 20-21, 2024. The presentation will cover preliminary results from an ongoing Phase 1 study involving Decoy20, an intravenous treatment aimed at stimulating the immune system using killed bacteria, targeting patients with advanced solid tumors. CEO Jeffrey Meckler expressed optimism about the findings and the opportunity to share continued updates.
Indaptus Therapeutics (Nasdaq: INDP) announced new data from its ongoing Phase 1 trial of Decoy20, presented at the ASCO Annual Meeting on June 1 in Chicago. The data shows that Decoy20 induces significant immune responses in patients with solid tumors, even at varying doses. The treatment was cleared from the blood within 120 minutes and resulted in manageable, lower-grade transient adverse events. Plasma biomarker analysis showed broad immune activation supporting the company’s 'pulse-prime' approach. CEO Jeffrey Meckler expressed optimism about the trial's progress, focusing on the potential anti-tumor activity as patient dosing increases.
Indaptus Therapeutics (Nasdaq: INDP), a clinical-stage biotech firm focused on cancer and viral infection treatments, announces participation in the Jefferies Global Healthcare Conference. CEO Jeffrey Meckler and CMO Dr. Roger Waltzman will present a corporate overview on June 5, 2024, at 8:00 AM ET. The event, held at Marriott Marquis in NYC, includes a live webcast accessible via Indaptus's investor relations webpage, with the replay available for 90 days.
Indaptus Therapeutics (Nasdaq: INDP) unveiled promising new data from their ongoing Phase 1 clinical trial of Decoy20 at the American Society of Clinical Oncology Annual Meeting 2024. The trial involves patients with advanced solid tumors.
The study highlighted Decoy20's pharmacokinetics and immune responses, showing that a single intravenous dose cleared from the bloodstream in 30-120 minutes and prompted the release of over 50 cytokines and chemokines, which are important for immune responses.
Remarkably, Decoy20 maintained a safety profile similar to that of purified lipopolysaccharide (LPS), with adverse effects being generally tolerable and resolving within 90 minutes to 3 days.
Indaptus CMO Roger Waltzman emphasized the significance of these findings and announced that the company would continue with the first multi-dose cohort, with updates expected throughout the year.
FAQ
What is the current stock price of Indaptus Therapeutics (INDP)?
What is the market cap of Indaptus Therapeutics (INDP)?
What does Indaptus Therapeutics, Inc. do?
What is Decoy20?
What makes Indaptus Therapeutics' technology unique?
What are the current projects of Indaptus Therapeutics?
What recent achievements has Indaptus Therapeutics made?
How does Indaptus Therapeutics engage with the public?
What types of cancer has Decoy20 shown promise against?
How does Indaptus’ technology work?
What is the goal of Indaptus Therapeutics?
Where can I find more updates on Indaptus Therapeutics?
