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Inozyme Pharma, Inc. - INZY STOCK NEWS

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

Inozyme Pharma, Inc. (Nasdaq: INZY) is a clinical-stage biopharmaceutical company dedicated to developing novel therapeutics aimed at treating rare metabolic diseases. Focusing on disorders linked to paradoxical mineralization, Inozyme is pioneering solutions for conditions impacting vasculature, soft tissue, and skeletal health. Their lead drug, INZ-701, is an enzyme replacement therapy designed to correct defects in pathways involving ENPP1 and ABCC6 deficiencies.

INZ-701 showcases promise in treating diseases such as pseudoxanthoma elasticum (PXE) and generalized arterial calcification of infancy (GACI). This drug, currently in Phase 1/2 clinical trials, has demonstrated positive preliminary results, including safety, pharmacokinetic, and pharmacodynamic data, as well as trends toward clinical improvement. The trials indicate that INZ-701 increases plasma pyrophosphate (PPi) levels, a crucial marker for these conditions.

During the trials, INZ-701 was generally well tolerated with favorable safety profiles. Inozyme has undertaken comprehensive natural history studies to better understand the progression of ABCC6 Deficiency, especially in pediatric populations at high risk for severe complications like strokes.

In addition to their clinical advancements, Inozyme is committed to expanding its pipeline and therapeutic focus, planning pivotal trials for both pediatric and adult populations affected by these genetic disorders. The company also actively engages with patient communities and global health institutions to further research and raise awareness.

For real-time updates and detailed information, visit Inozyme Pharma or follow them on LinkedIn, X (formerly Twitter), and Facebook.

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Inozyme Pharma, Inc. (Nasdaq: INZY) will host a conference call and webcast on April 8, 2024, to discuss topline data from Phase 1/2 trials of INZ-701 for ABCC6 and ENPP1 Deficiency. Key opinion leaders will present on ABCC6 Deficiency.
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Inozyme Pharma, Inc. (INZY) reports financial results for 2023 and highlights progress in clinical trials and patient registries. Topline data from ongoing Phase 1/2 trials of INZ-701 in adults with ABCC6 Deficiency and ENPP1 Deficiency expected soon. The Company launches a global patient registry in partnership with GACI Global to advance understanding of rare diseases. Financially, Inozyme is well-funded into Q4 2025.
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Douglas A. Treco, Ph.D., CEO and Chairman of Inozyme Pharma, Inc. (INZY), to participate in an Orphan Bone & Neuromuscular Diseases panel presentation at the TD Cowen 44th Annual Health Care Conference. The event will take place on March 4, 2024, from 9:10-10:10am ET, with a live webcast accessible on the company's website.
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Inozyme Pharma, Inc. has granted stock options to four new employees to purchase shares of the Company’s common stock. The options have a 10-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the employee’s start date and 2.0833% of the shares underlying the option vesting monthly thereafter. The exercise price is $5.64 per share, based on the closing price per share of the Company’s common stock on February 1, 2024.
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Inozyme Pharma, Inc. (Nasdaq: INZY) granted stock options to a new employee under the 2023 Inducement Stock Incentive Plan. The company's compensation committee granted nonstatutory stock options to purchase up to 65,000 shares of the Company’s common stock at an exercise price of $3.85 per share, with a 10-year term and vesting over four years.
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INZY: Inozyme Pharma CEO to Present at Investor Conferences in November 2023. The company's CEO, Douglas A. Treco, Ph.D., will participate in two upcoming investor conferences, including The Jefferies London Healthcare Conference and The Piper Sandler 35th Annual Healthcare Conference. Live webcasts and replays will be available on the company's website.
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Inozyme Pharma, Inc. reports financial results for Q3 2023, highlighting the progress of INZ-701 in pediatric and adult patients with ENPP1 Deficiency and ABCC6 Deficiency, with topline data expected in 2024 and 2025. Cash position remains strong at $192.4 million, funding operations into Q4 2025.
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Inozyme Pharma, Inc. has granted stock options to new employees as part of its 2023 Inducement Stock Incentive Plan. The company's compensation committee granted nonstatutory stock options to three new employees, allowing them to purchase up to a total of 116,500 shares of the company's common stock. The exercise price is set at $2.89 per share, with a ten-year term and vesting over four years.
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Inozyme Pharma announces oral presentation at the American Society of Nephrology Kidney Week 2023
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Inozyme Pharma highlights inclusion of Generalized Arterial Calcification of Infancy (GACI) in Genomic England's Generation Study
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FAQ

What is the current stock price of Inozyme Pharma (INZY)?

The current stock price of Inozyme Pharma (INZY) is $2.99 as of December 20, 2024.

What is the market cap of Inozyme Pharma (INZY)?

The market cap of Inozyme Pharma (INZY) is approximately 184.4M.

What does Inozyme Pharma specialize in?

Inozyme Pharma specializes in the development of novel therapeutics aimed at treating rare metabolic diseases, focusing on disorders of paradoxical mineralization.

What is INZ-701?

INZ-701 is an enzyme replacement therapy developed by Inozyme Pharma to correct defects in pathways involving ENPP1 and ABCC6 deficiencies. It is currently in Phase 1/2 clinical trials.

What conditions is INZ-701 intended to treat?

INZ-701 is intended to treat rare genetic diseases such as ENPP1 Deficiency and ABCC6 Deficiency, which include conditions like pseudoxanthoma elasticum (PXE) and generalized arterial calcification of infancy (GACI).

What are the latest clinical trial results for INZ-701?

Recent trials have shown that INZ-701 is generally safe and well-tolerated, increasing PPi levels in patients, with trends toward clinical improvement observed.

What are ENPP1 and ABCC6 Deficiencies?

ENPP1 and ABCC6 Deficiencies are rare genetic conditions that affect the body's mineralization processes, leading to severe health issues such as vascular calcification, rickets, osteomalacia, and cardiovascular complications.

Does Inozyme Pharma have any ongoing clinical trials?

Yes, Inozyme is conducting Phase 1/2 clinical trials for INZ-701 in adult patients with ENPP1 Deficiency and ABCC6 Deficiency.

What is the significance of plasma pyrophosphate (PPi) levels?

Plasma pyrophosphate (PPi) levels are a crucial marker in the treatment of ENPP1 and ABCC6 Deficiencies. Increased PPi levels indicate potential clinical benefits of INZ-701.

What partnerships does Inozyme Pharma have?

Inozyme collaborates with patient communities, healthcare professionals, and global health institutions to advance research and develop treatments for rare metabolic diseases.

How can I stay updated on Inozyme Pharma's progress?

You can stay updated by visiting Inozyme Pharma's website or following them on LinkedIn, X (formerly Twitter), and Facebook.

What are Inozyme Pharma's future plans?

Inozyme plans to advance INZ-701 through pivotal trials in pediatric patients and expand its therapeutic focus to address various rare genetic disorders affecting mineralization processes.

Inozyme Pharma, Inc.

Nasdaq:INZY

INZY Rankings

INZY Stock Data

184.37M
63.73M
0.51%
96.67%
5.16%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
BOSTON