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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 to present three posters at ASBMR 2023 Annual Meeting
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Inozyme Pharma announces positive interim data from ongoing clinical trials of INZ-701 for ENPP1 Deficiency and ABCC6 Deficiency (PXE). The trials demonstrate safety, increased PPi levels, and trends of clinical improvement. The data is highly encouraging and supports the potential for INZ-701 to treat rickets and address symptoms in both adult and pediatric patients. The drug exhibits a favorable safety profile and immunogenicity profile. The company will host a conference call and webcast to discuss the updates.
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Inozyme Pharma to share interim data updates from ongoing trials of INZ-701 in adults with ENPP1 Deficiency and ABCC6 Deficiency. Investor and Analyst Event on September 26, 2023. Webcast and conference call to review Phase 2 data. Safety and pharmacodynamic data update for Phase 1/2 trial of INZ-701 in ABCC6 Deficiency patients. Accessible through Inozyme's website.
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Inozyme Pharma grants stock options to new employee
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Inozyme Pharma to present at H.C. Wainwright 25th Annual Global Investment Conference
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Inozyme Pharma, Inc. (Nasdaq: INZY) reported financial results for the second quarter ended June 30, 2023, and provided business highlights. They expect interim data readouts from Phase 1/2 trials of INZ-701 in adults with ENPP1 Deficiency and ABCC6 Deficiency in September 2023, and initiation of the ENERGY-3 pediatric pivotal trial for ENPP1 Deficiency in October 2023. The company expects their cash position to fund cash flow requirements into Q4 2025.
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Inozyme Pharma, Inc. (Nasdaq: INZY) announces the granting of stock options to new employees as an inducement to enter employment, in accordance with Nasdaq Listing Rule 5635(c)(4). The options, totaling 136,000 shares, were granted at an exercise price of $5.02 per share and vest over four years.
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Inozyme Pharma, Inc. has announced the pricing of an underwritten public offering of its common stock. The offering consists of 12,500,000 shares priced at $4.80 per share, with expected gross proceeds of approximately $60 million. The underwriters have been granted an option to purchase additional shares. The offering is expected to close on or about August 1, 2023.
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Inozyme Pharma, Inc. (Nasdaq: INZY) announced the commencement of an underwritten public offering of $60,000,000 of shares of its common stock, with the potential for an additional 15% of shares to be purchased by underwriters. The offering is subject to market conditions, and the company has filed a shelf registration statement with the SEC. BofA Securities, TD Cowen, and Piper Sandler are acting as joint book-running managers for the offering.
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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