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MAIA Biotechnology, Inc. - MAIA STOCK NEWS

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

MAIA Biotechnology, Inc. (symbol: MAIA) is a pioneering clinical-stage biopharmaceutical company with a strong focus on targeted immunotherapies for cancer. Headquartered in Chicago, this privately-held company is driven by a dedicated management team with extensive experience in drug development. MAIA Biotechnology is committed to creating first-in-class drugs with novel mechanisms of action aimed at significantly improving and extending the lives of cancer patients.

At the core of MAIA's operations is the development of innovative therapies such as THIO, a promising cancer telomere-targeting agent currently undergoing clinical trials for the treatment of telomerase-positive cancer cells. The company's strategy is to build a diverse portfolio of potentially breakthrough compounds, each with unique mechanisms of action and potential efficacy across various tumor types. This approach not only mitigates risk but also enhances the opportunity for success in the competitive biopharmaceutical landscape.

MAIA’s unique business model involves placing drug candidates into their specialized, R&D-focused subsidiary companies. These subsidiaries are supported by a common infrastructure, making the overall operation more efficient and focused. This structure allows MAIA to concentrate on advancing its most promising agents into human clinical trials, ensuring that the most effective therapies reach patients as swiftly as possible.

In recent developments, MAIA has made significant strides in its clinical programs, securing valuable partnerships and achieving critical milestones. These advances demonstrate the company's unwavering commitment to innovation and excellence in oncology treatment. Investors and stakeholders can stay informed of MAIA’s latest news, achievements, and ongoing projects, which reflect the company's potential for future growth and impact in the field of cancer treatment.

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MAIA Biotechnology appoints Dr. Remus Vezan, a renowned immuno-oncology leader, to its Scientific Advisory Board. Dr. Vezan's extensive experience in drug development and regulatory affairs, including FDA approvals for blockbuster products, brings valuable expertise to MAIA's clinical-stage biopharmaceutical endeavors.
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MAIA Biotechnology, Inc. completes enrollment in Phase 2 THIO-101 trial for advanced non-small cell lung cancer, showing promising results and potential as a new standard of care.
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MAIA Biotechnology, Inc. announces the publication of extensive work describing preclinical studies for lead candidate THIO in small cell lung cancer (SCLC) in the peer-reviewed scientific journal Nature Communications. The research demonstrates the immune-enhancing, metastasis-reducing effects of MAIA’s telomere-targeting agent THIO in several well-characterized in vitro and in vivo models of SCLC. The findings highlight a unique dual mechanism of action for THIO as a first-in-clinic telomere-targeted anticancer agent for potential treatment of SCLC. THIO has been awarded orphan drug designation (ODD) by the FDA for SCLC treatment, and the company has entered the Phase 2 planning stage for a clinical trial of THIO in SCLC along with two other cancers.
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MAIA Biotechnology, Inc. has announced the publication of a global Patent Cooperation Treaty (PCT) application for their telomere-targeting platform, extending potential cancer therapies using dinucleotide compounds. The new patent would provide coverage through 2043 and expand the value of their innovative cancer treatment platform globally.
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MAIA Biotechnology, Inc. announces positive interim data for THIO-101 Phase 2 trial in non-small cell lung cancer, with sustained disease control rates. The company also outlines key clinical milestones for 2024, maintaining a robust clinical pipeline in hard-to-treat cancer indications.
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MAIA Biotechnology, Inc. (MAIA) announced its participation in the Biotech Showcase™ 2024 investor conference in San Francisco. Chairman and CEO Vlad Vitoc, MD, MBA, will present an update on the Company’s lead program, THIO, a potential first-in-class telomere targeting agent for non-small cell lung cancer (NSCLC). Preliminary data from the ongoing THIO-101 Phase 2 trial includes an unprecedented disease control rate (DCR) of 100% in second-line NSCLC treatment. Dr. Vitoc will discuss multiple value-driving Company milestones expected in 2024 and beyond.
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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced the selection of a dose for THIO-101, a Phase 2 clinical trial evaluating its lead asset, THIO, in combination with Regeneron’s anti-PD-1 cemiplimab in patients with advanced non-small cell lung cancer (NSCLC). The selected dose of 180mg/cycle showed better safety profile and outperformed other doses in efficacy measures, exceeding disease control rate thresholds and showing promising preliminary response rates. MAIA plans to pursue accelerated approval for THIO in the U.S. for the treatment of advanced NSCLC patients, believing in its potential to define the standard of care for this patient population.
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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced the closing of a registered direct offering for 2,424,243 shares of common stock at $1.65 per share, alongside a private placement of unregistered warrants for the same number of shares. H.C. Wainwright & Co. acted as the exclusive placement agent, resulting in gross proceeds of approximately $4 million for MAIA. The net proceeds will be used for working capital, general corporate purposes, and research and development activities. The offering was made under a 'shelf' registration statement on Form S-3, declared effective by the SEC. Unregistered warrants issued in the private placement may not be reoffered or resold in the United States without registration or an applicable exemption.
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MAIA Biotechnology Inc. (NYSE:MAIA) has received orphan drug designation from the U.S. FDA for its cancer telomere-targeting agent, THIO, for the treatment of glioblastoma, a rare and aggressive form of brain cancer. The designation highlights the FDA's recognition of THIO's potential to treat multiple types of cancers, including rare ones like glioblastoma. With limited treatment options available for glioblastoma patients, MAIA's lead program, THIO, has the potential to improve outcomes for these patients.
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MAIA Biotechnology, Inc. (NYSE American: MAIA) Announces Registered Direct Offering and Private Placement
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FAQ

What is the current stock price of MAIA Biotechnology (MAIA)?

The current stock price of MAIA Biotechnology (MAIA) is $2.13 as of January 8, 2025.

What is the market cap of MAIA Biotechnology (MAIA)?

The market cap of MAIA Biotechnology (MAIA) is approximately 54.9M.

What does MAIA Biotechnology, Inc. specialize in?

MAIA Biotechnology specializes in developing first-in-class drugs with novel mechanisms of action, primarily focused on targeted immunotherapies for cancer.

What is MAIA Biotechnology's core drug development program?

MAIA's core program is THIO, a potential cancer telomere-targeting agent in clinical development for treating telomerase-positive cancer cells.

Where is MAIA Biotechnology headquartered?

MAIA Biotechnology is headquartered in Chicago.

What is MAIA's business model?

MAIA's business model involves placing drug candidates into dedicated, R&D-focused subsidiary companies, which are supported by a common infrastructure.

How does MAIA Biotechnology manage risk in its drug development process?

MAIA manages risk by diversifying its portfolio with various compounds that have novel mechanisms of action and potential effectiveness across multiple tumor types.

Who leads MAIA Biotechnology?

MAIA is led by a passionate and experienced management team with significant expertise in drug development.

What recent achievements has MAIA Biotechnology made?

MAIA has made significant strides in its clinical programs, securing valuable partnerships and achieving critical milestones in cancer treatment development.

Is MAIA Biotechnology a public or private company?

MAIA Biotechnology is a privately-held company.

How can I stay updated with the latest news about MAIA Biotechnology?

You can stay updated with the latest news by following MAIA Biotechnology on stock market websites like StockTitan and other financial news platforms.
MAIA Biotechnology, Inc.

NYSE:MAIA

MAIA Rankings

MAIA Stock Data

54.93M
21.92M
17.49%
7.51%
2.76%
Biotechnology
Pharmaceutical Preparations
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United States of America
CHICAGO