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Inovio Pharmaceuticals, Inc. - INO STOCK NEWS

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

Inovio Pharmaceuticals, Inc. (NASDAQ: INO) is a pioneering United States-based biotechnology company dedicated to combating cancers and infectious diseases through DNA medicines. The company's innovative approach harnesses active DNA-based immunotherapies and vaccines to both treat and prevent these conditions.

Inovio's core technology revolves around its DNA plasmids, which are small circular DNA molecules crafted to produce specific proteins to target and fight diseases, delivered via their proprietary CELLECTRA® electroporation devices. This technology enables the body to produce its own disease-fighting proteins and immune responses, without the need for traditional adjuvants or nanoparticles.

The company's flagship candidate, INO-3107, targets Recurrent Respiratory Papillomatosis (RRP), a chronic and rare disease caused by HPV-6 and HPV-11. Inovio has shown significant clinical progress with INO-3107, and after receiving Breakthrough Therapy designation and Orphan Drug designation from both the FDA and the European Commission, it is on track to submit a Biologics License Application (BLA) under the FDA's accelerated approval program. With successful clinical trials demonstrating a robust immune response and a reduction in the need for surgical interventions, INO-3107 stands as a potential game-changer for RRP patients.

In addition to INO-3107, Inovio's expansive product pipeline includes several other promising candidates in various stages of development. These include INO-3112 for HPV-16/18 positive head and neck cancer, INO-4201 as an Ebola vaccine booster, and INO-5401 for glioblastoma, showcasing the versatility and broad applicability of the company's DNA medicine platform.

Inovio has established numerous strategic partnerships and collaborations to enhance its research and development efforts. Key partners include Roche, MedImmune, the University of Pennsylvania, DARPA, Drexel University, NIH, and the U.S. Military HIV Research Program. These collaborations not only bolster Inovio's scientific capabilities but also facilitate the swift advancement of its clinical programs.

Financially, Inovio has maintained a disciplined approach to managing its resources. The company recently projected its cash runway to extend into the second quarter of 2025, following positive feedback from the FDA on the accelerated approval pathway for INO-3107. This financial stability is crucial as Inovio prepares for potential commercialization of its lead candidates.

Inovio's commitment to innovation and its effective strategic execution position it as a formidable player in the biopharmaceutical industry, dedicated to bringing groundbreaking DNA medicine solutions to market. For more information, visit www.inovio.com.

Rhea-AI Summary
INOVIO announces equity grants to two newly hired employees under its 2022 Inducement Plan. The grants include 10,000 restricted stock units (RSUs) and options to purchase 50,000 shares of common stock. RSUs vest over a three-year period, while stock options vest on specific anniversaries of the grant date. The exercise price of the stock options is $0.53.
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INOVIO receives orphan drug designation from the European Commission for INO-3107, a product candidate for the treatment of Recurrent Respiratory Papillomatosis (RRP). The designation acknowledges the high unmet medical need for this disease and provides regulatory and financial incentives for the company.
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INOVIO to report first quarter 2023 financial results on May 10, 2023
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FAQ

What is the current stock price of Inovio Pharmaceuticals (INO)?

The current stock price of Inovio Pharmaceuticals (INO) is $4.265 as of November 15, 2024.

What is the market cap of Inovio Pharmaceuticals (INO)?

The market cap of Inovio Pharmaceuticals (INO) is approximately 114.5M.

What is Inovio Pharmaceuticals' primary focus?

Inovio Pharmaceuticals focuses on developing DNA medicines to treat and prevent cancers and infectious diseases.

What is INO-3107?

INO-3107 is Inovio's lead candidate aimed at treating Recurrent Respiratory Papillomatosis (RRP), showing significant clinical efficacy and safety.

What is the CELLECTRA® device?

CELLECTRA® is Inovio's proprietary delivery device that helps DNA medicines enter the body's cells effectively without traditional adjuvants or nanoparticles.

Who are some of Inovio’s key partners?

Inovio's key partners include Roche, MedImmune, the University of Pennsylvania, DARPA, Drexel University, NIH, and the U.S. Military HIV Research Program.

What financial outlook has Inovio projected?

Inovio estimates its cash runway to extend into the second quarter of 2025, supported by positive FDA feedback on INO-3107's accelerated approval pathway.

What is INO-3112?

INO-3112 is a DNA medicine candidate for HPV-16/18 positive head and neck cancer, currently being evaluated in combination with PD-1 inhibitors.

How does Inovio's DNA medicines platform work?

Inovio's platform uses precisely designed DNA plasmids delivered by CELLECTRA® devices to produce specific proteins that teach the body to fight diseases.

What are some of Inovio’s recent achievements?

Recent achievements include INO-3107 receiving Breakthrough Therapy designation, clinical collaborations, and advancing their product pipeline.

Where can I find more financial information about Inovio?

Additional financial information can be accessed on Inovio's website at http://ir.inovio.com/financials/default.aspx.

What is Inovio's approach to commercialization?

Inovio has an accelerated commercialization strategy for its leading candidates, with plans to submit regulatory applications and prepare for potential market launches.

Inovio Pharmaceuticals, Inc.

Nasdaq:INO

INO Rankings

INO Stock Data

114.51M
25.96M
0.85%
31.44%
13.39%
Biotechnology
Surgical & Medical Instruments & Apparatus
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United States of America
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