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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, Inc. (NYSE American: MAIA) will participate in four investor conferences in January and February 2023. Highlighted events include the Biotech Showcase in San Francisco (January 9-11), where they will present on January 9. Additional conferences are the JPM One-on-One Partnering (January 9-12), the Sidoti Micro-Cap Virtual Conference (January 18-19), and the BIO CEO & Investor Conference in New York City (February 6-7). MAIA is currently enrolling patients in the Part A safety lead-arm of the THIO-101 Phase 2 clinical trial for advanced Non-Small Cell Lung Cancer.

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MAIA Biotechnology, Inc. announced the completion of a pre-Investigational New Drug (pre-IND) meeting with the FDA regarding the THIO-101 Phase 2 trial for advanced non-small cell lung cancer (NSCLC). The FDA provided positive feedback on MAIA's manufacturing and clinical development plan. MAIA plans to file its U.S. IND in the first half of 2023 and initiate patient enrollment in the second half. The THIO-101 trial aims to evaluate the safety and efficacy of THIO when administered before Regeneron’s anti-PD1 therapy, Libtayo®, targeting patients with advanced NSCLC.

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MAIA Biotechnology has received regulatory approval to initiate the THIO-101 Phase 2 clinical trial in Hungary, Poland, and Bulgaria, expanding its patient access for the investigation of THIO in non-small cell lung cancer (NSCLC). The trial aims to evaluate THIO's capacity to enhance immune response when paired with Regeneron's anti-PD1 therapy, Libtayo (cemiplimab). The main focus is on safety, tolerability, and efficacy in patients who have previously relapsed after checkpoint inhibitor treatments. The trial is a significant step for MAIA in advancing cancer therapies.

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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced plans for additional insider investments by its CEO, Vlad Vitoc, and Board Member, Stan Smith, Ph.D., under Rule 10b5-1 trading plans. These plans allow purchases of common stock under regulated conditions. Vitoc expressed confidence that MAIA's valuation does not reflect its growth potential, highlighting innovative assets in oncology. Smith reiterated his commitment, noting the company's revolutionary approach to cancer treatment. MAIA focuses on developing first-in-class oncology drugs, particularly a telomere targeting agent for NSCLC.

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MAIA Biotechnology announced promising results for its lead drug candidate, THIO, from a pre-clinical study on hepatocellular carcinoma (HCC) presented at the SITC 37th Annual Meeting. The study showed that THIO enhances the efficacy of immune checkpoint inhibitors by directly killing cancer cells and stimulating an anti-tumor immune response. Notably, THIO, which received Orphan Drug Designation from the FDA, exhibited complete responses in several HCC models with no dose-limiting toxicities. MAIA emphasizes THIO's potential to address the growing need for effective HCC treatments.

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MAIA Biotechnology, Inc. reported financial results for Q3 2022, highlighting a net loss of approximately $3.9 million, an improvement from $5.2 million in Q3 2021. The company’s cash position increased to about $14.1 million, sufficient for 12 months of operations. Key developments include an oral presentation on the THIO platform and ongoing THIO-101 trial disclosures. MAIA was added to the Longevity Stock Index, emphasizing its focus on cancer immunotherapies targeting telomeres.

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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced its participation in the ThinkEquity Conference on October 26 at 3:00 pm ET. The management team will present and host investor meetings during the event. A webcast of the presentation will be accessible via the Company's website, with a replay available for 30 days post-event. MAIA focuses on developing first-in-class oncology drugs, particularly THIO for NSCLC.

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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced it will present study results of the anticancer agent 6-thio-dG (THIO) for hepatocellular carcinoma (HCC) at the EORTC-NCI-AACR Symposium, occurring in Barcelona, Spain from Oct. 26-28, 2022. The data indicates THIO's high anticancer activity and improved tumor response when used sequentially with cemiplimab in HCC models. The U.S. FDA granted THIO Orphan Drug Designation for HCC earlier in 2022, a disease projected to exceed 1 million global cases by 2025.

Presentation is scheduled for Oct. 26 at 12:00pm CEST.

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MAIA Biotechnology, Inc. (NYSE American: MAIA) will participate in the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14. The management team is set to present on September 12 at 7:00 am ET and will hold investor meetings until September 14. A webcast of the presentation will be available on the Company's website, with a replay accessible for 30 days post-event. MAIA focuses on developing first-in-class oncology drugs aimed at improving cancer treatment outcomes.

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MAIA Biotechnology, Inc. (NYSE American: MAIA) announced the upcoming presentation of its ongoing THIO-101 trial design at the ESMO Congress 2022 in Paris from September 9-13. The trial evaluates THIO, a telomere-targeting agent, in combination with cemiplimab for advanced non-small cell lung cancer (NSCLC). The first patient was enrolled in July 2022 in Australia. The presentation is scheduled for September 12, under the title: 'A Phase 2, Multicenter, Open-Label, Dose-Finding Study Evaluating THIO Sequenced with Cemiplimab in Patients with Advanced NSCLC'.

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FAQ

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

The current stock price of MAIA Biotechnology (MAIA) is $2.06 as of January 6, 2025.

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

The market cap of MAIA Biotechnology (MAIA) is approximately 54.8M.

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

54.80M
21.92M
17.49%
7.51%
2.76%
Biotechnology
Pharmaceutical Preparations
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United States of America
CHICAGO