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KIROMIC BIOPHARMA INC - KRBP STOCK NEWS

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Kiromic BioPharma Inc (KRBP) is a pioneering biopharmaceutical company dedicated to the development of advanced diagnostic and therapeutic solutions specifically targeting solid tumors and hematologic malignancies. Leveraging a robust portfolio of patented cancer-associated biomarkers and small molecules, Kiromic focuses on creating innovative clinical diagnostic tools and personalized immunotherapy strategies designed to improve patient outcomes, reduce suffering, and extend survival times.

Kiromic's core business revolves around its groundbreaking work in developing rapid detection mechanisms for cancer-associated antigens. This early detection capability can lead to earlier diagnoses and more accurate monitoring of patients' responses to treatments, potentially revolutionizing the field of cancer care. The company's cancer-associated biomarkers are instrumental in designing bespoke, cancer-specific targeted immunotherapies that promise higher efficacy and fewer side effects compared to traditional treatments.

Recent achievements by Kiromic BioPharma include significant advancements in their diagnostic and therapeutic programs. The company is actively engaged in several promising projects aimed at enhancing the precision and effectiveness of cancer treatments. Through strategic partnerships and collaborations, Kiromic continues to expand its research and development capabilities, constantly pushing the boundaries of cancer treatment innovation.

Financially, Kiromic BioPharma is committed to maintaining a stable and growing financial health, ensuring the sustainability of its ambitious projects and ongoing research. The company regularly updates stakeholders about its financial performance and significant milestones achieved, ensuring transparency and fostering investor confidence.

Noteworthy projects currently underway include the development of next-generation diagnostic tools that promise greater accuracy in detecting cancer-associated antigens, and the creation of more effective personalized immunotherapy treatments. By focusing on these critical areas, Kiromic aims to make substantial contributions to the field of oncology, offering hope and improved outcomes for cancer patients worldwide.

For the latest updates and relevant information about Kiromic BioPharma, including performance, events, and developments, investors and stakeholders are encouraged to follow the latest news releases.

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Kiromic BioPharma (OTCQB: KRBP) reports positive results from its Deltacel-01 Phase 1 clinical trial, evaluating Deltacel™ (KB-GDT-01), an allogeneic GDT cell therapy for stage 4 metastatic NSCLC patients. The fourth patient showed a 32% decrease in tumor volume at eight months post-treatment with no adverse events. The first patient maintained stable disease with a 27% tumor reduction and reached 11 months progression-free survival. Patient #7 completed treatment with results expected in January 2025, while Patient #8 was recently enrolled at the Beverly Hills Cancer Center's Koreatown location.

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Kiromic BioPharma (OTCQB: KRBP) has reached a settlement agreement with the SEC regarding an investigation into the non-disclosure of FDA clinical holds by former management. The investigation concerned IND applications for ALEXIS-PRO-1 (Procel™) and ALEXIS-ISO-1 (Isocel™) filed in May 2021. Due to the company's self-reporting, prompt remediation, and cooperation, the SEC decided not to impose civil penalties, and there are no ongoing obligations related to the settlement.

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Kiromic BioPharma (OTCQB: KRBP) reports favorable ongoing clinical results from its Deltacel-01 Phase 1 trial, evaluating Deltacel™ (KB-GDT-01) in stage 4 metastatic non-small cell lung cancer (NSCLC) patients. Key highlights:

  • Patient 4: Maintained stable disease with a 5.3% tumor size reduction at 6-month follow-up
  • Patient 6: Demonstrated stable disease with no new lesions at 2-month follow-up
  • Median progression-free survival (PFS) increased to 6 months
  • Median follow-up duration for all patients is 7.7 months

These results support Deltacel's potential to delay disease progression in advanced lung cancer patients and validate the therapeutic potential of gamma-delta T cells in advanced cancer treatment.

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Kiromic BioPharma (OTCQB: KRBP) reports favorable 10-month follow-up results for the first patient in its Deltacel-01 Phase 1 clinical trial. The trial evaluates Deltacel™ (KB-GDT-01), an allogeneic, off-the-shelf, Gamma Delta T-cell therapy, in stage 4 metastatic non-small cell lung cancer patients who failed standard therapies. Key findings include:

  • 27% tumor size reduction compared to pre-treatment
  • No new disease sites identified
  • 10-month progression-free survival (PFS)
  • No reported adverse events

These results follow earlier observations of 20% tumor reduction at eight months and 13% at six months post-treatment. The patient is being treated at Beverly Hills Cancer Center. Kiromic's CEO and the trial's Principal Investigator expressed optimism about Deltacel's potential as a safe and effective treatment for late-stage cancers.

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Kiromic BioPharma (OTCQB: KRBP) has activated the University of Arizona Cancer Center (UACC) as the fifth clinical trial site for its ongoing Phase 1 Deltacel-01 trial. The trial is evaluating Deltacel™ (KB-GDT-01), Kiromic's allogeneic, off-the-shelf, Gamma Delta T-cell (GDT) therapy, in patients with stage 4 metastatic non-small cell lung cancer (NSCLC) who have failed to respond to standard therapies.

UACC is one of 57 NCI-Designated Comprehensive Cancer Centers in the U.S. Dr. Ricklie Ann Julian, Assistant Professor of Medicine at UACC, will serve as Principal Investigator at the site. The site initiation visit has been completed, and patient enrollment is expected to begin in the coming weeks.

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Kiromic BioPharma (OTCQB: KRBP) has received unanimous approval from the Safety Monitoring Committee (SMC) to advance its Deltacel-01 clinical trial into the expansion phase. The trial is evaluating Deltacel™ (KB-GDT-01), an allogeneic, off-the-shelf, Gamma Delta T-cell therapy, in patients with stage 4 metastatic non-small cell lung cancer (NSCLC) who have failed standard therapies.

The SMC's recommendation follows a favorable review of safety data from the first two cohorts, including the 40-day follow-up of the sixth patient, which showed a positive safety and tolerability profile with no dose-limiting toxicities. The expansion phase will enroll approximately nine patients, with screening expected to begin later this month. This phase aims to further assess Deltacel's effectiveness in treating solid tumors.

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Kiromic BioPharma (OTCQB: KRBP) has received Fast Track designation from the FDA for Deltacel™ (KB-GDT-01), its allogeneic, off-the-shelf, Gamma Delta T-cell therapy. This designation is for Deltacel in combination with low-dose radiation therapy for treating metastatic non-small cell lung cancer (NSCLC) patients who have progressed on at least two lines of standard therapy.

The Fast Track status allows for more frequent FDA communication, potential priority review, and rolling submission of applications. Deltacel is currently in a Phase 1 study (Deltacel-01) for stage 4 NSCLC patients who failed standard therapies. Recent data from this trial has shown a favorable safety profile and preliminary clinical efficacy. Kiromic plans to activate a fifth clinical trial site on August 30th.

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Kiromic BioPharma (OTCQB: KRBP) has reported interim results for Part 1 of its Deltacel-01 Phase 1 clinical trial, evaluating Deltacel™ (KB-GDT-01) in stage 4 metastatic non-small cell lung cancer (NSCLC) patients. Key findings include:

- Progression-Free Survival (PFS) ranging from 2 to 8 months, with an average of 4.8 months for five evaluated patients
- No dose limiting toxicities (DLTs) reported for patients completing full therapy
- One patient withdrawn due to unrelated adverse event
- Sixth and final patient in Part 1 started treatment on August 6th

The company is on track to initiate Part 2 of the Deltacel-01 trial in September, with early safety and tolerability outcomes expected in September and efficacy results in early October.

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Kiromic BioPharma (OTCQB: KRBP) has reported favorable eight-month follow-up results from the first patient in its Deltacel-01 Phase 1 clinical trial. The trial is evaluating Deltacel™ (KB-GDT-01), an allogeneic, off-the-shelf, Gamma Delta T-cell therapy, in patients with stage 4 metastatic non-small cell lung cancer (NSCLC) who have failed standard therapies.

Key findings include:

  • 20% tumor size reduction at eight months post-treatment
  • No new tumor lesions detected
  • Eight-month progression-free survival
  • Improvement from 13% reduction at six months post-treatment

The patient is being treated at the Beverly Hills Cancer Center. Kiromic expects to report additional follow-up results from the fourth and fifth patients in August.

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Kiromic BioPharma (OTCQB: KRBP) is advancing its Deltacel-01 Phase 1 clinical trial to the Expansion Phase following a positive assessment from the Safety Monitoring Committee. The trial evaluates Deltacel™, an allogeneic, off-the-shelf, Gamma Delta T-cell therapy for stage 4 metastatic non-small cell lung cancer patients who have failed standard therapies. The company plans to begin enrolling patients in the Expansion Phase in September, adding nine more patients to the trial.

The fifth patient in Deltacel-01 completed their 30-day visit with a favorable safety profile and no dose-limiting toxicities. Kiromic expects to report early efficacy data from this patient's two-month follow-up in August. The trial's progress marks a significant milestone in validating Kiromic's innovative gamma delta approach to cancer treatment.

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FAQ

What is the current stock price of KIROMIC BIOPHARMA (KRBP)?

The current stock price of KIROMIC BIOPHARMA (KRBP) is $0.9201 as of December 20, 2024.

What is the market cap of KIROMIC BIOPHARMA (KRBP)?

The market cap of KIROMIC BIOPHARMA (KRBP) is approximately 1.5M.

What does Kiromic BioPharma Inc do?

Kiromic BioPharma Inc develops advanced diagnostic and therapeutic solutions targeting solid tumors and hematologic malignancies.

What are Kiromic's core areas of focus?

Kiromic focuses on creating diagnostic tools for rapid cancer detection and developing personalized, targeted immunotherapies.

How does Kiromic's technology improve cancer treatment?

Kiromic's cancer-associated biomarkers and small molecules allow for earlier diagnosis and more accurate treatment monitoring, improving patient outcomes.

What recent achievements has Kiromic BioPharma made?

Kiromic has made significant progress in its diagnostic and therapeutic programs, advancing research and enhancing treatment precision and effectiveness.

How does Kiromic ensure financial stability?

Kiromic is committed to maintaining stable financial health through regular performance updates and transparent communication with stakeholders.

What projects are Kiromic currently working on?

Kiromic is developing next-generation diagnostic tools and effective personalized immunotherapy treatments to improve cancer care.

Why are Kiromic's biomarkers important?

Kiromic's biomarkers are crucial for designing personalized, targeted treatments that are potentially more effective and have fewer side effects.

How can I stay updated on Kiromic's latest developments?

Follow Kiromic BioPharma's latest news releases for updates on performance, events, and significant developments.

What is Kiromic's mission?

Kiromic aims to enhance cancer treatment outcomes, reduce patient suffering, and extend survival times through innovative diagnostics and therapies.

How does Kiromic contribute to oncology?

Kiromic contributes through the development of advanced diagnostic tools and personalized immunotherapy strategies, significantly impacting cancer care.

KIROMIC BIOPHARMA INC

OTC:KRBP

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