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Century Therapeutics, Inc. - IPSC STOCK NEWS

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.

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Bristol Myers Squibb (NYSE:BMY) reported Q4 revenues of $12.0 billion, an 8% increase driven by robust sales of Eliquis and immuno-oncology products. Full-year revenues reached $46.4 billion, up 9%. Q4 earnings per share (EPS) stood at $1.07 (GAAP) and $1.83 (non-GAAP), with annual EPS at $3.12 and $7.51 respectively. The company announced a $15 billion share repurchase authorization and provided 2022 guidance, predicting $47 billion in revenues. The outlook includes expected growth from new products and a reduction in operating expenses.

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Bristol Myers Squibb (NYSE:BMY) has reported fourth quarter revenues of $12.0 billion, marking an 8% increase year-over-year, and full-year revenues of $46.4 billion. The fourth quarter earnings per share (EPS) stand at $1.07 (GAAP) and $1.83 (non-GAAP), with full-year EPS at $3.12 and $7.51 respectively, reflecting a 17% growth in non-GAAP EPS. The company has authorized a $15 billion share repurchase initiative and announced a $5 billion accelerated share repurchase agreement for Q1 2022. Guidance for 2022 includes projected revenues of approximately $47 billion.

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Century Therapeutics (NASDAQ: IPSC) and Bristol Myers Squibb (NYSE: BMY) have formed a collaboration to develop iPSC-derived cell therapies for hematologic malignancies. Century will receive an upfront payment of $100M and a $50M equity investment, with a total of up to $3B in potential milestone payments and royalties. The initial projects focus on acute myeloid leukemia and multiple myeloma. Bristol Myers Squibb will lead clinical development, while Century retains co-promotion rights. This partnership aims to leverage expertise in oncology and enhance the chances of successful outcomes.

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Century Therapeutics (NASDAQ: IPSC) and Bristol Myers Squibb (NYSE: BMY) have announced a collaboration to develop allogeneic cell therapies targeting hematologic malignancies and solid tumors. Century will receive $150M, including $100M upfront and a $50M equity investment. Additional payments could exceed $3B based on program milestones. The first two programs focus on acute myeloid leukemia and multiple myeloma, leveraging Century's innovative iPSC technology.

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On January 4, 2022, Century Therapeutics (NASDAQ: IPSC) announced that its CEO, Lalo Flores, Ph.D., will present virtually at the 40th Annual J.P. Morgan Healthcare Conference on January 11, 2022, at 1:30 PM ET. The event will cover the company's advancements in iPSC-derived cell therapies for cancer treatment. A live webcast will be available on the company’s website, with a replay accessible for 30 days afterward. Century Therapeutics focuses on harnessing stem cells to improve patient care in oncology.

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Century Therapeutics (NASDAQ: IPSC) has been selected for inclusion in the NASDAQ Biotechnology Index (NASDAQ: NBI), effective December 20, 2021. This index tracks companies in the biotechnology and pharmaceuticals segment, requiring a minimum market capitalization of $200 million and an average trading volume of at least 100,000 shares. Being part of the index can enhance visibility and attract institutional investments. Century Therapeutics focuses on developing iPSC-derived cell therapies targeting cancers, aiming to facilitate broader patient access and improve cancer treatment outcomes.

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Century Therapeutics (NASDAQ: IPSC) presented promising preclinical data for its CNTY-101 program at the ASH Annual Meeting, showing strong antitumor activity against human lymphoma cell lines. The company plans to initiate the Phase 1 ELiPSE-1 trial for CNTY-101 in relapsed/refractory lymphoma with an IND submission on track for mid-2022. The data support the use of γδ CAR-iT cells, which do not present a GVHD risk, marking a significant advancement in their iPSC-derived T cell therapies.

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Century Therapeutics (NASDAQ: IPSC) announced the participation of its senior management in a fireside chat ahead of the Piper Sandler 33rd Annual Virtual Healthcare Conference, scheduled for November 30 to December 2, 2021. A recording of the chat will be available today at 10:00 AM ET on the Events & Presentations section of Century's website, accessible for 30 days. The company focuses on developing iPSC-derived cell therapies aimed at overcoming challenges in cancer treatment.

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Century Therapeutics (NASDAQ: IPSC) reported third-quarter financial results showing a net loss of $26 million, up from $13.1 million a year prior. Cash and equivalents decreased to $400.3 million from $440 million. Despite this, the company remains on track with its lead program, CNTY-101, for a mid-2022 IND filing. Notable investments have been made in manufacturing and R&D, with R&D expenses rising to $19.5 million due to increased personnel and study costs. A collaboration with Outpace Bio aims to enhance their iPSC therapy platform.

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Century Therapeutics (NASDAQ: IPSC) announced the presentation of preclinical data from its CNTY-101 program at the 63rd American Society of Hematology Annual Meeting, taking place December 11-14, 2021, in Atlanta and virtually. The company will also host a virtual R&D update on December 16, 2021, featuring discussions on B-cell malignancies by Dr. Eduardo Sotomayor. Key poster presentations include iPSC-derived CAR-NK cells and Gamma Delta CAR-T cells for cancer immunotherapy, aiming to address limitations in current therapies.

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Century Therapeutics, Inc.

NYSE:IPSC

IPSC Rankings

IPSC Stock Data

46.78M
60.77M
28.11%
57.96%
4.01%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
PHILADELPHIA