Welcome to our dedicated page for Century Therapeutics news (Ticker: IPSC), a resource for investors and traders seeking the latest updates and insights on Century Therapeutics stock.
Century Therapeutics, Inc. (NASDAQ: IPSC) is a clinical-stage biotechnology company pioneering iPSC-derived cell therapies for cancer and autoimmune diseases. This page provides investors and industry observers with direct access to the company's official announcements, including clinical trial progress, financial results, and strategic collaborations.
Our curated news collection enables efficient tracking of material developments in IPSC's Allo-Evasion™ platform and pipeline candidates like CNTY-101. Users will find press releases covering FDA submissions, partnership agreements with leading research institutions, and presentations at major medical conferences.
Key updates include quarterly earnings reports, manufacturing advancements, intellectual property milestones, and peer-reviewed data publications. All content is sourced directly from Century Therapeutics' investor relations communications to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of IPSC's progress in developing off-the-shelf cell therapies. Check regularly for updates on preclinical achievements, IND applications, and corporate developments shaping the future of regenerative medicine.
Century Therapeutics (NASDAQ: IPSC) has announced key leadership changes, effective October 2024. Morgan Conn, Ph.D., has been appointed as Chief Financial Officer, bringing over 20 years of financing and business development experience in biopharma. Chad Cowan, Ph.D., a cell therapy pioneer and founder of Clade Therapeutics, will serve as Chief Scientific Officer. Both will join the Executive Committee.
The company also announced that Hy Levitsky, M.D., President of Research and Development, will transition to an advisory role. These appointments come at a important time as Century advances its clinical programs, expands into autoimmune indications, and accelerates prioritized next-generation pipeline programs.
Century Therapeutics specializes in developing induced pluripotent stem cell (iPSC)-derived cell therapies for immuno-oncology and autoimmune diseases. The company's focus includes iNK, γδ iT, and αβ iT-cell programs, combined with its Allo-Evasion™ technology.
Century Therapeutics (NASDAQ: IPSC) reported Q2 2024 financial results and business updates. Key highlights include:
1. Initiation of Phase 1 CALiPSO-1 trial of CNTY-101 in Systemic Lupus Erythematosus, expanding into autoimmune diseases.
2. Presented interim results from Phase 1 ELiPSE-1 trial of CNTY-101, showing encouraging efficacy and tolerability in relapsed/refractory B-cell lymphomas.
3. Completed dose escalation for ELiPSE-1, advancing to dose expansion in 2H 2024.
4. Q2 2024 ended with $269.6 million in cash, cash equivalents, and investments.
5. Net loss of $31.2 million for Q2 2024.
6. Full-year GAAP operating expenses expected between $150-160 million.
7. Cash runway extended into 2026.
Century Therapeutics presented interim results from its Phase 1 ELiPSE-1 study at the ASCO 2024 Annual Meeting. The study evaluates CNTY-101, an iPSC-derived NK cell therapy, in patients with relapsed or refractory non-Hodgkin lymphoma. CNTY-101 demonstrated a manageable safety profile with no dose-limiting toxicities or graft-versus-host disease and showed encouraging preliminary efficacy. The trial's novel cell-free DNA method indicates CNTY-101 persists outside the bloodstream. The study continues with dose escalation at higher levels, aiming to further validate safety and efficacy.
Century Therapeutics presented preclinical data at the ASGCT Annual Meeting, showcasing advancements in their iPSC platform technology and programs. The data highlighted the potential of their lead candidate, CNTY-101, in treating B-cell driven autoimmune diseases like SLE. Additionally, the company introduced a novel synthetic ligand targeting CD300a to prevent NK mediated rejection in allogeneic cell therapies. These developments aim to enhance the efficacy, durability, and tolerability of their iPSC candidates, offering promising treatment options across various indications.
Century Therapeutics reported its first quarter 2024 financial results, with plans to expand into additional autoimmune disease indications beyond SLE with their iPSC derived NK cell therapy, CNTY-101. They closed a $60 million private placement, acquired Clade Therapeutics to enhance their platform, and provided additional clinical data. The company ended the quarter with $249.9 million in cash, cash equivalents, and investments, with a cash runway into 2026.
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