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LAVA Therapeutics N.V. Ordinary Shares - LVTX STOCK NEWS

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LAVA Therapeutics N.V. (Nasdaq: LVTX) is a pioneering biotechnology company that specializes in transforming cancer treatment through its innovative Gammabody® platform. This platform harnesses bispecific gamma-delta T cell engagers designed to target and eliminate cancer cells. The company focuses on both solid tumors and hematologic malignancies, aiming to deliver groundbreaking therapies for patients with unmet medical needs.

One of LAVA's lead programs is LAVA-1207, which targets the prostate-specific membrane antigen (PSMA) to treat metastatic castration-resistant prostate cancer (mCRPC). This program has shown a favorable safety profile and preliminary signs of anti-tumor activity in ongoing Phase 1/2a clinical trials across Europe and the United States. Recently, LAVA announced a collaboration with Merck & Co., Inc., Rahway, NJ, USA to evaluate LAVA-1207 in combination with Merck's anti-PD-1 therapy, KEYTRUDA® (pembrolizumab).

In addition to LAVA-1207, the company is advancing other promising candidates such as PF-08046052, formerly known as LAVA-1223, which targets EGFR-positive tumors and is being developed under a license agreement with Pfizer. LAVA is also preparing an IND submission for LAVA-1266, a treatment targeting CD123 for acute myeloid leukemia (AML) and myelodysplastic syndromes (MDS).

Financially, LAVA is well-positioned, with a focus on extending its cash runway into 2026 through strategic prioritization of its pipeline. The company has formed valuable collaborations, including partnerships with Seagen and Pfizer, to advance its clinical programs and support its growth trajectory.

For more detailed information on LAVA Therapeutics, visit their official website at www.lavatherapeutics.com and follow them on LinkedIn, X (formerly Twitter), and YouTube.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) announced that Stephen Hurly, CEO, will present at the SVB Leerink 11th Annual Global Healthcare Conference on February 17, 2022, at 8:40 a.m. ET. This virtual event will provide insights into the company's bispecific gamma delta T cell engagers developed using its Gammabody™ platform. The company is currently enrolling patients for its Phase 1/2a clinical studies for LAVA-051 and LAVA-1207, targeting hematological malignancies and prostate cancer, respectively. Topline data from these studies is anticipated in 2022.

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LAVA Therapeutics (Nasdaq: LVTX) announced encouraging results from preclinical data on its Gammabody™ platform, specifically for its lead solid tumor candidate, LAVA-1207, targeting metastatic castration-resistant prostate cancer (mCRPC). The bispecific antibody platform demonstrated potent anti-tumor activity while minimizing toxicity. Recruitment is underway for a Phase 1/2a trial to evaluate LAVA-1207's safety and efficacy. Non-human primate studies confirmed the safety and tolerability of its Gammabody™ technology, supporting its potential for enhanced therapeutic benefits.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) has announced that CEO Stephen Hurly will present a corporate overview at the 40th Annual J.P. Morgan Healthcare Conference on January 12, 2021, at 1:30 p.m. EST. The company is focused on its Gammabody™ platform, which develops bispecific gamma delta T cell engagers for cancer treatment. Hurly expressed optimism about the company’s transformative journey in 2021 and its patient recruitment for Gammabody™ programs. Data from ongoing clinical studies is expected in 2022, with active recruitment for prostate cancer trials.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) reported financial results for Q3 2021, highlighting a cash position of €122.7 million as of September 30, 2021, a significant increase from €12.9 million at year-end 2020. The company's research and license revenue rose to €1.8 million for the quarter, attributed to its collaboration with Janssen Biotech. LAVA-051, undergoing a Phase 1/2a trial for hematological malignancies, received orphan drug designation from the FDA, while the LAVA-1207 trial for metastatic prostate cancer is set to begin soon. However, the net loss for Q3 2021 was €7.5 million, or €0.23 per share.

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LAVA Therapeutics (Nasdaq: LVTX) announced a virtual symposium titled Emerging cancer therapies leveraging gamma-delta effector T cells scheduled for Nov. 29, 2021. Co-organized with The Antibody Society, the event features leading experts discussing advancements in cancer therapeutics using gamma-delta T cells. Notable speakers include Prof. Hans van der Vliet and Prof. James Allison. The symposium aims to explore the therapeutic potential of these T cells in oncology.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) announced the expansion of its management team with three key appointments. Jessica Truscello joins as Vice President of Clinical Operations, bringing over 20 years of oncology expertise. Sumeet Ambarkhane, M.D. becomes the Executive Medical Director, leveraging his 17 years in oncology and hemato-oncology. Wouter van Hunnik is appointed Vice President of Human Resources, with over 15 years of HR leadership experience. These additions aim to enhance LAVA's capabilities as it transitions to a clinical-stage organization focused on developing bispecific gamma delta T cell engagers for cancer treatment.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) announced that CEO Stephen Hurly will participate in a virtual fireside chat at the 12th Annual Jefferies London Healthcare Conference from Nov. 16-19, 2021. The chat will be available from 3:00 a.m. ET on Nov. 18 until 12:00 p.m. ET on Nov. 19. LAVA's leadership will also engage in one-on-one investor meetings during the event. Attendees can register for the conference and access the recording of the chat on LAVA's investor relations website.

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LAVA Therapeutics N.V. (Nasdaq: LVTX) announced that Paul W.H.I. Parren, Ph.D., its EVP and Head of R&D, will present data on bispecific gamma delta T cell engagers from their proprietary Gammabody™ platform at three upcoming scientific conferences in November 2021. The platform aims to revolutionize cancer treatment by combining effective tumor cell killing with low toxicity risks. Dr. Parren will chair sessions and participate in key discussions, including one on Nov. 3 at the Annual PEGS Europe Summit and another on Nov. 9 during the European Antibody Congress.

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LAVA Therapeutics (Nasdaq: LVTX) announced that the FDA granted orphan drug designation for LAVA-051, a bispecific antibody targeting chronic lymphocytic leukemia (CLL). The designation will facilitate communication with the FDA and provide incentives for development, such as tax credits and potential market exclusivity. LAVA-051 is currently in a Phase 1/2a clinical trial for relapsed or refractory CLL, multiple myeloma, and acute myeloid leukemia, with preliminary data expected in 2022.

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FAQ

What is the current stock price of LAVA Therapeutics N.V. Ordinary Shares (LVTX)?

The current stock price of LAVA Therapeutics N.V. Ordinary Shares (LVTX) is $1.809 as of November 4, 2024.

What is the market cap of LAVA Therapeutics N.V. Ordinary Shares (LVTX)?

The market cap of LAVA Therapeutics N.V. Ordinary Shares (LVTX) is approximately 48.1M.

What is LAVA Therapeutics N.V.?

LAVA Therapeutics N.V. is a biotechnology company that develops bispecific gamma-delta T cell engagers to treat cancer.

What is the Gammabody® platform?

The Gammabody® platform is LAVA Therapeutics' proprietary technology for creating bispecific gamma-delta T cell engagers that target and kill cancer cells.

What is LAVA-1207?

LAVA-1207 is a bispecific gamma-delta T cell engager that targets the prostate-specific membrane antigen (PSMA), currently in Phase 1/2a clinical trials for metastatic castration-resistant prostate cancer (mCRPC).

What recent achievements has LAVA Therapeutics made?

LAVA Therapeutics has announced a collaboration with Merck to evaluate LAVA-1207 in combination with KEYTRUDA® and has advanced several pipeline candidates, including PF-08046052 (formerly LAVA-1223) and LAVA-1266.

Who are LAVA Therapeutics' key partners?

LAVA Therapeutics partners with Seagen, Pfizer, and Merck & Co., Inc., Rahway, NJ, USA to develop and commercialize its pipeline candidates.

Where are LAVA Therapeutics' clinical trials conducted?

LAVA Therapeutics conducts clinical trials in both Europe and the United States.

What is PF-08046052?

PF-08046052, formerly known as LAVA-1223, is a bispecific gamma-delta T cell engager targeting EGFR-positive tumors. It is being developed under a license agreement with Pfizer.

What is the financial outlook for LAVA Therapeutics?

LAVA Therapeutics is focused on pipeline prioritization and strategic collaborations to extend its cash runway into 2026.

How does LAVA-1207 work?

LAVA-1207 works by targeting PSMA-positive tumor cells, triggering the potent and preferential killing of these cancer cells in patients with mCRPC.

Where can I find more information about LAVA Therapeutics?

For more information, please visit www.lavatherapeutics.com and follow the company on LinkedIn, X (formerly Twitter), and YouTube.

LAVA Therapeutics N.V. Ordinary Shares

Nasdaq:LVTX

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