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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.
MAIA Biotechnology, Inc. (NYSE: MAIA) has priced an underwritten public offering of 2,222,200 shares of its common stock at $2.25 per share, aiming to raise approximately $5 million. The offering includes a 45-day option for underwriters to purchase an additional 333,300 shares at the public offering price. The net proceeds will be allocated to fund ongoing clinical trials of THIO, development of second-generation telomere targeting compounds, and general corporate purposes. The offering is expected to close on
MAIA Biotechnology, Inc. (NYSE American: MAIA) revealed preliminary survival data from the ongoing Phase 2 trial THIO-101, assessing THIO for advanced Non-Small Cell Lung Cancer (NSCLC). The initial two patients remain alive approximately 10 and 9 months post-treatment. Notably, these individuals are Stage IV metastatic cases, previously treated with multiple therapies. The trial has shown that the first six evaluable patients tolerated the THIO high dose without dose-limiting toxicities. Currently, these patients exhibit no disease progression, with reports of 7 and 6 months progression-free survival. These preliminary outcomes suggest potential advancements in treatment options for heavily pretreated lung cancer patients, offering a significant improvement over standard survival rates of 3-4 months.
MAIA Biotechnology has announced the peer-reviewed publication of a study in Molecular Cancer Therapeutics detailing the anticancer effects of THIO in treating Hepatocellular Carcinoma (HCC). The research shows that THIO induces immune responses and can significantly enhance tumor regression, particularly when combined with checkpoint inhibitors.
The results indicate a strong rationale for a clinical trial of THIO in HCC, supported by the US FDA's Orphan Drug Designation. MAIA’s leadership expressed confidence in THIO’s potential as a treatment, emphasizing the findings' relevance to their ongoing clinical development plans.
MAIA Biotechnology, Inc. (NYSE American: MAIA) announced its participation in the AACR Annual Meeting 2023 where it will present a poster detailing its ongoing Phase 2 clinical trial, THIO-101, for patients with advanced Non-Small Cell Lung Cancer (NSCLC).
The presentation will occur on April 17, 2023, during the session titled "Phase II and Phase III Clinical Trials in Progress". The primary goals of the THIO-101 trial are to assess the safety and tolerability of THIO, as well as its efficacy using Overall Response Rate as the primary endpoint. This trial represents a significant advancement in evaluating THIO's effectiveness in NSCLC patients who have previously shown resistance to treatments.
MAIA Biotechnology, Inc. (NYSE American: MAIA) has announced positive topline data from Part A of its THIO-101 Phase 2 trial for advanced Non-Small Cell Lung Cancer (NSCLC). The safety lead-in demonstrated that MAIA’s telomere-targeting agent, THIO, combined with Regeneron’s Libtayo (cemiplimab), was well tolerated with no dose-limiting toxicities or significant adverse events. Part A involved six patients and indicated mild toxicities like grade 1 fatigue and muscle pain. The company is now recruiting for Part B, aimed at randomized efficacy and dose selection, with a plan to report preliminary efficacy data later this year. This progression marks a significant achievement for MAIA, emphasizing the potential for THIO as a treatment in NSCLC patients who have not responded to previous therapies.
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