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Kintara Therapeutics, Inc. - KTRA STOCK NEWS

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

Kintara Therapeutics, Inc. (NASDAQ: KTRA), based in San Diego, California, is a biopharmaceutical company focused on developing novel cancer therapies to address unmet medical needs. The company's core business involves the research and development of oncology drugs that target solid tumors. Kintara is currently advancing two late-stage, Phase 3-ready therapeutics: VAL-083 and REM-001. VAL-083 is a small-molecule chemotherapeutic with a unique mechanism of action, demonstrating clinical activity against a range of cancers including glioblastoma multiforme (GBM), central nervous system cancers, ovarian cancer, and other solid tumors. On the other hand, REM-001 is a photodynamic therapy (PDT) under evaluation for cutaneous metastatic breast cancer (CMBC).

In recent developments, Kintara has received an extension from Nasdaq to regain compliance with the Listing Rule 5550(b), ensuring they meet the required financial benchmarks. The company has also partnered with Ladenburg Thalmann & Co. Inc. to explore strategic alternatives aimed at maximizing shareholder value.

Recent Projects and Financial Health

Kintara launched a new 15-patient clinical trial for REM-001 for CMBC in February 2024, funded primarily by a $2.0 million grant from the National Institutes of Health (NIH). The trial aims to optimize dosage and study design ahead of a Phase 3 initiation. Financial results for the fiscal third quarter ended March 31, 2024, reveal a cash reserve of approximately $6.35 million, reflecting strengthened financials from recent stock sales and cost-cutting initiatives.

Another significant update is Kintara's planned merger with TuHURA Biosciences, Inc., a Phase 3 immuno-oncology company. This all-stock transaction, expected to complete by Q3 2024, will result in a combined entity focused on advancing personalized cancer vaccines and bi-functional antibody drug conjugates, promising to overcome major obstacles in immunotherapy.

Conclusion

Kintara Therapeutics is dedicated to revolutionizing cancer treatment through innovative therapeutic solutions. With a robust pipeline, strategic partnerships, and a strong financial foundation, Kintara is poised to address significant gaps in cancer treatment and provide new hope to patients with limited options.

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Kintara Therapeutics (Nasdaq: KTRA) announced its CEO, Robert E. Hoffman, will present at the H.C. Wainwright Bioconnect 2022 Virtual Conference from January 10-13, 2022. The presentation will be available on-demand starting at 7:00 a.m. ET on January 10 for 90 days. Based in San Diego, California, Kintara focuses on developing new cancer therapies, particularly VAL-083 for Glioblastoma Multiforme and REM-001 for Cutaneous Metastatic Breast Cancer. These programs aim to address critical unmet medical needs and are progressing to late-stage testing.

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Kintara Therapeutics, Inc. (Nasdaq: KTRA), based in San Diego, announced that CEO Robert E. Hoffman will present a corporate overview at the MedInvest Oncology Investor Conference, from December 7-10, 2021. Hoffman's presentation is scheduled for December 9 at 2:50 p.m. EST, and he will be available for one-on-one meetings during the event. Kintara is focused on developing innovative cancer therapies, including VAL-083 for Glioblastoma Multiforme and REM-001 for Cutaneous Metastatic Breast Cancer, both of which are in late-stage clinical development.

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Kintara Therapeutics (Nasdaq: KTRA) announced the activation of its VAL-083 treatment arm in the Global Coalition for Adaptive Research (GCAR) Phase 2/3 clinical trial for glioblastoma multiforme at Sunnybrook Health Sciences Centre in Toronto. As of November 24, 2021, Kintara is actively recruiting at 30 U.S. sites, with plans to enroll 150-200 patients across over 40 sites. The GBM AGILE trial aims to identify effective therapies for GBM and may expedite FDA submissions. The company is also advancing other late-stage therapies for unmet medical needs.

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Kintara Therapeutics (Nasdaq: KTRA) has presented promising results from two Phase 2 studies of VAL-083 for treating glioblastoma multiforme (GBM) at the Society for Neuro-Oncology Annual Meeting. In one study, newly diagnosed patients showed a median overall survival (mOS) of 19.1 months and a progression-free survival (PFS) of 8.7 months, outperforming historical controls. The second study reported an mOS of 8.0 months in recurrent GBM patients. Both studies reported myelosuppression as the most common adverse effect. Kintara is advancing VAL-083 for GBM and REM-001 for CMBC.

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Kintara (Nasdaq: KTRA) reported its fiscal first-quarter results for the period ending September 30, 2021. The company had cash and cash equivalents of approximately $19.3 million and a net loss of about $6.0 million, significantly reduced from $19.5 million in the same quarter last year. Kintara highlighted progress in its clinical trials for VAL-083 in glioblastoma and REM-001 for breast cancer, with significant data indicating progression-free survival rates. Additionally, it raised $15.0 million from institutional investors for ongoing studies.

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Kintara Therapeutics (Nasdaq: KTRA) will present at the Q4 Investor Summit Conference on November 17, 2021, at 1:15 p.m. ET. CEO Robert E. Hoffman will provide a corporate overview and is available for one-on-one meetings throughout the event. The company is focused on developing novel therapies for rare cancers, with two Phase 3-ready treatments: VAL-083 for glioblastoma multiforme and REM-001 for cutaneous metastatic breast cancer. Kintara's VAL-083 has shown clinical promise across multiple cancers, while REM-001 displays an 80% efficacy in prior studies.

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Kintara (Nasdaq: KTRA) announced a leadership change on November 8, 2021, with Robert E. Hoffman succeeding Saiid Zarrabian as President and CEO. Hoffman will retain his role as Chairman, while Zarrabian transitions to leading strategic partnerships. This change is positioned as a pivotal moment as Kintara prepares for the final stages of clinical development for VAL-083, crucial for treating glioblastoma. The company aims to expedite regulatory submission timelines by participating in the FDA-approved GBM AGILE study, with sufficient funding secured through stage 1 of the trial.

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Kintara Therapeutics (Nasdaq: KTRA) will be presenting at the 14th Annual LD Micro Main Event Conference held in Los Angeles from October 12-14, 2021. CEO Saiid Zarrabian is scheduled to deliver a corporate overview on October 12 at 2:00 p.m. PT. Kintara focuses on developing innovative cancer therapies, including VAL-083 for glioblastoma multiforme and REM-001 for cutaneous metastatic breast cancer. The presentation will highlight Kintara’s advancements in clinical trials and therapeutic development.

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Kintara (Nasdaq: KTRA) reported its fiscal year 2021 financial results, highlighting a net loss of approximately $38.3 million, or $1.60 per share, up from a loss of $9.1 million in 2020. The company successfully raised $15 million through a registered direct offering and advanced patient enrollment in its GBM AGILE study with 26 clinical trial sites activated. Notable safety and efficacy results for its therapy VAL-083 were reported from Phase 2 studies, demonstrating promising progression-free survival.

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Kintara Therapeutics announced the closing of a registered direct offering, raising approximately $15 million from the sale of 12 million shares of common stock and associated warrants priced at $1.25 each. The proceeds will fund clinical studies and general corporate purposes. The offering was facilitated by H.C. Wainwright & Co. The company is focused on developing innovative cancer therapies, notably VAL-083 for GBM and REM-001 for cutaneous metastatic breast cancer. Kintara's research includes promising clinical trial results for its therapies.

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FAQ

What is the current stock price of Kintara Therapeutics (KTRA)?

The current stock price of Kintara Therapeutics (KTRA) is $0.2154 as of October 18, 2024.

What is the market cap of Kintara Therapeutics (KTRA)?

The market cap of Kintara Therapeutics (KTRA) is approximately 12.0M.

What is the primary focus of Kintara Therapeutics?

Kintara Therapeutics focuses on developing novel cancer therapies to address unmet medical needs.

What are Kintara's main therapeutic programs?

Kintara's main therapeutic programs are VAL-083 for glioblastoma multiforme (GBM) and REM-001 for cutaneous metastatic breast cancer (CMBC).

Where is Kintara Therapeutics based?

Kintara Therapeutics is based in San Diego, California.

What recent financial developments has Kintara announced?

Kintara announced a cash reserve of approximately $6.35 million as of March 31, 2024, bolstered by recent stock sales and cost-cutting measures.

What strategic alternatives is Kintara exploring?

Kintara is exploring strategic alternatives to maximize shareholder value, including a potential merger with TuHURA Biosciences, Inc.

What is the significance of the REM-001 clinical trial?

The REM-001 clinical trial aims to optimize dosage and study design for treating cutaneous metastatic breast cancer (CMBC) ahead of a Phase 3 trial.

Has Kintara received any grants for their clinical trials?

Yes, Kintara received a $2.0 million grant from the National Institutes of Health (NIH) to support the clinical development of REM-001 in CMBC.

What is VAL-083 and what cancers does it target?

VAL-083 is a small-molecule chemotherapeutic targeting glioblastoma multiforme (GBM), central nervous system cancers, ovarian cancer, and other solid tumors.

How is Kintara ensuring compliance with Nasdaq listing rules?

Kintara received an extension from Nasdaq to regain compliance with Listing Rule 5550(b), ensuring they meet the required financial benchmarks.

What potential benefits are expected from the merger with TuHURA Biosciences?

The merger aims to create a combined entity with a robust oncology pipeline, focused on developing personalized cancer vaccines and bi-functional antibody drug conjugates, addressing major immunotherapy challenges.

Kintara Therapeutics, Inc.

Nasdaq:KTRA

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11.99M
55.66M
0.12%
1.47%
9.81%
Biotechnology
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