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.
INOVIO (NASDAQ: INO) has shifted its focus to a heterologous booster strategy for its COVID-19 vaccine candidate INO-4800, discontinuing the Phase 3 INNOVATE trial. The decision is based on positive T cell immune response data showing a 6.3-fold increase with INO-4800 as a booster. Additionally, the company is revising plans for VGX-3100 after FDA feedback, requiring more trials for HPV treatment. INOVIO reported Q1 2022 revenue of $199,000, down from $371,000, and a net loss of $79.1 million, or $0.36 per share. Jacqueline Shea has been appointed as the new CEO.
INOVIO has appointed Jacqueline Shea, Ph.D., as President and CEO, effective immediately. Dr. Shea, who joined INOVIO in March 2019 as COO, will succeed Dr. J. Joseph Kim, who has resigned from the board. Dr. Shea possesses over 25 years of leadership experience in biotech, including roles at Aeras and Emergent BioSolutions. The board looks forward to her leadership during challenging times and plans to appoint her as a director post the annual stockholders' meeting on May 16, 2022. Dr. Shea aims to advance INOVIO's DNA medicines technology, improving global patient health.
INOVIO (NASDAQ: INO) will release its first quarter 2022 financial results after market close on May 10, 2022. A live conference call will follow at 4:30 p.m. ET to discuss these results and provide a business update. The company continues to focus on DNA medicines for infectious diseases, cancer, and HPV-related conditions, with candidates VGX-3100 and INO-4800 undergoing evaluation in Phase 3 trials. For more information, visit www.inovio.com.
Geneos Therapeutics announced a successful $17 million Series A2 financing led by Flerie Invest, enhancing its clinical trial for advanced hepatocellular carcinoma (HCC). The funding will expand the GT-30 Phase Ib/IIa trial from 24 to 36 patients, utilizing the personalized cancer vaccine GNOS-PV02 combined with a DNA-encoded cytokine and PD-1 checkpoint inhibitor. Dr. Ted Fjällman joins the Board, bringing European investor expertise. The company reported tumor reduction in over half of the initial patients treated and aims to release further efficacy data in 2022.
INOVIO (NASDAQ: INO) announced that CEO Dr. Joseph Kim will participate in a fireside chat and 1x1 meetings at Oppenheimer's 32nd Annual Healthcare Conference on March 15, 2021, at 8:00 AM ET. The event will focus on the company's work in developing DNA medicines for infectious diseases and cancer treatments, including Phase 3 trials for VGX-3100 and INO-4800, a COVID-19 vaccine. A webcast of the presentation can be accessed via the INOVIO Investor Relations page.
INOVIO (NASDAQ: INO) reported financial results for Q4 and year-end 2021, with total revenue of $839,000 and $1.8 million respectively, down from $5.6 million and $7.4 million in 2020. The net loss widened to $106.9 million, or $0.50 per share, compared to a net loss of $24.3 million the previous year. Key developments include ongoing clinical trials for COVID-19 vaccine INO-4800, with plans to amend its Phase 3 trial endpoint to focus on severe disease. Other advancements include completed enrollments for various therapeutic programs, highlighting INOVIO's commitment to combating infectious diseases and cancer.
INOVIO (NASDAQ: INO) will announce its fourth quarter 2021 financial results after market close on March 1, 2022. A live conference call is scheduled for 4:30 p.m. ET to discuss these results and provide a general business update. INOVIO focuses on DNA medicines targeting infectious diseases and cancers, currently evaluating VGX-3100 for cervical dysplasia and INO-4800 as a COVID-19 vaccine in Phase 3 trials. Investors can access the call and archived audio on their website.
INOVIO (NASDAQ: INO) announced key updates on the Phase 3 program for VGX-3100, an immunotherapy targeting HPV-associated cervical high-grade squamous intraepithelial lesions (HSIL). The second global trial, REVEAL2, has completed enrollment, with top-line results expected in 2H22. REVEAL1's follow-up showed a favorable safety profile and continued efficacy at 88 weeks. Additionally, the first participant has been dosed in a separate Phase 3 trial in China, and INOVIO is collaborating with QIAGEN to develop a pre-treatment biomarker to enhance clinical outcomes.
INOVIO (NASDAQ: INO) announced its rapid evaluation of COVID-19 DNA vaccines INO-4800 and INO-4802 against the Omicron variant (B.1.1.529). The company has initiated pre-clinical development of an Omicron-specific DNA vaccine. INO-4800 has shown T cell responses, suggesting resilience against variant mutations, with data expected soon. Dr. Joseph Kim emphasized INO-4800's strong immune response, citing its potential against current and future variants. The vaccine's stability at room temperature supports its global deployment.
INOVIO (NASDAQ: INO) has initiated a Phase 1b clinical trial for its Ebola vaccine candidate, INO-4201, with several volunteers already dosed. The study assesses INO-4201 as a potential booster for individuals previously vaccinated with Ervebo. Preclinical results indicated strong tolerability and 100% seroconversion after two doses. The trial will involve around 50 participants, evaluating safety and immunogenicity. Notably, INO-4201 offers advantages in stability and storage, essential for use in tropical environments.
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