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Mustang Bio, Inc. - MBIO STOCK NEWS

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

Mustang Bio, Inc. (MBIO) is a clinical-stage biopharmaceutical company and a subsidiary of Fortress Biotech, Inc. The company is dedicated to developing and commercializing innovative cancer immunotherapy products that harness the patient's own immune system to target and eradicate cancer cells. Mustang Bio’s approach involves acquiring the rights to cutting-edge technologies through licensing or ownership, funding their research and development, and then either out-licensing or bringing these technologies to market.

Mustang Bio has established strategic partnerships with notable institutions, including the City of Hope National Medical Center (COH) and the Fred Hutchinson Cancer Research Center. These collaborations focus on developing advanced Chimeric Antigen Receptor (CAR) engineered T cell (CAR T) therapies for various cancers.

Among Mustang’s core projects, their key programs are in Phase 1 clinical trials at COH. The MB-101 program is aimed at treating brain cancer, while MB-102 is being developed as a therapeutic agent for acute myeloid leukemia. Additionally, Mustang Bio is concentrating on gene therapies for rare genetic disorders, CAR T therapies for hematologic malignancies, and CAR T therapies for solid tumors.

Recently, Mustang Bio has reported positive interim data from their multicenter Phase 1/2 clinical trial, showcasing a favorable safety and efficacy profile of MB-106 in heavily pre-treated lymphoma patients. For more detailed insights, visit the 65th ASH Annual Meeting and Exposition website.

For further information and ongoing updates about Mustang Bio, you can reach them through the following contacts:

  • Jaclyn Jaffe and Nicole McCloskey - Mustang Bio, Inc., (781) 652-4500, ir@mustangbio.com
  • Tony Plohoros - Media Relations Contact, 6 Degrees, (908) 591-2839, tplohoros@6degreespr.com
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Mustang Bio has announced that the FDA has granted Orphan Drug Designation to MB-106, a CAR T cell therapy for Waldenstrom macroglobulinemia, a rare B-cell non-Hodgkin lymphoma. This designation provides benefits like tax credits and seven years of market exclusivity. The multicenter Phase 1/2 trial evaluating MB-106's safety and efficacy for relapsed/refractory B-NHL and CLL is now open for enrollment. Data presented at a recent congress showed a 96% overall response rate and a potential for outpatient administration, marking significant progress in addressing high unmet medical needs.

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Mustang Bio, Inc. (NASDAQ: MBIO) announced promising interim data from a Phase 1/2 clinical trial of MB-106, a CD20-targeted CAR T cell therapy for relapsed or refractory B-NHLs and CLL. The therapy demonstrated a 94% overall response rate and a 78% complete response rate in patients with follicular lymphoma. Additionally, it achieved a 100% overall response rate in other B-cell malignancies. The trial showcases a favorable safety profile, making MB-106 a viable outpatient treatment option. Enrollment for the study remains open.

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Mustang Bio (NASDAQ: MBIO) has announced encouraging interim results from a Phase 1/2 clinical trial for its gene therapy MB-107, aimed at treating X-linked severe combined immunodeficiency (XSCID). The trial included 23 infants, all of whom are alive and have shown complete hematopoietic recovery without signs of malignant transformation at a median follow-up of 2.6 years. The company plans to initiate a pivotal Phase 2 trial later this year, further validating the therapy's safety and efficacy.

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Mustang Bio, Inc. (NASDAQ: MBIO) reported financial results for Q1 2022, revealing a net loss of $19.8 million ($0.20 per share), up from $15.0 million ($0.19 per share) a year earlier. As of March 31, 2022, cash reserves rose to $123.2 million, an increase of $12.6 million year-to-date. Significant clinical data were presented at major conferences, showing a 96% overall response rate for MB-106 in B-cell NHL and CLL. Upcoming presentations are scheduled for EHA2022 and ASGCT. Mustang aims to start several clinical trials for MB-106 and MB-107 later this year, reflecting strong progress in its development pipeline.

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Mustang Bio (MBIO) announced results from the Phase 1/2 trial of MB-106, a CD20-targeted CAR T cell therapy for relapsed or refractory follicular lymphoma (FL), to be presented at EHA2022. Dr. Mazyar Shadman will provide updated patient data, indicating a favorable safety profile and notable response rates. The trial is progressing with expanding enrollment criteria, which includes CAR T naïve patients and those previously treated. Mustang anticipates dosing the first patient in a multicenter trial evaluating MB-106's safety and efficacy this quarter.

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Mustang Bio announced significant interim Phase 1/2 clinical trial results for its lentiviral gene therapy, MB-107, targeting X-linked severe combined immunodeficiency (XSCID). The data highlights a cohort of 23 infants, all still alive, with 20 showing recovery from pre-existing infections and normal growth. Seventeen of 18 patients with over six months of follow-up achieved robust immune reconstitution. The presentation will be held at the ASGCT Annual Meeting on May 19, 2022, with plans to initiate a pivotal Phase 2 trial later in 2022.

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Mustang Bio, Inc. (NASDAQ: MBIO) announced promising interim data from a Phase 1/2 clinical trial of MB-106, a CD20-targeted CAR T cell therapy for relapsed or refractory B-cell non-Hodgkin lymphomas and chronic lymphocytic leukemia. The study demonstrated a 96% overall response rate and a 72% complete response rate, with a favorable safety profile across all 25 patients. Notably, previous CAR T therapy patients also responded well. The company plans to dose the first patient in a multicenter trial this quarter, indicating potential for outpatient treatment.

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Mustang Bio (NASDAQ: MBIO) announced that Dr. Mazyar Shadman will present interim data on MB-106, a CD20-targeted CAR T-cell therapy for relapsed or refractory B-cell non-Hodgkin lymphomas and chronic lymphocytic leukemia, at two key conferences. The presentations will occur at the 2022 Tandem Meetings (April 23-26) and iwCAR-T (April 28-May 1). Initial findings indicate promising clinical efficacy and safety of MB-106, which is in a Phase 1/2 trial at Fred Hutch. The company plans to start a multicenter trial under its IND soon. The autologous CAR-T therapy was collaboratively developed with Fred Hutch.

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Mustang Bio (NASDAQ: MBIO) announced positive interim results from ongoing Phase 1 clinical trials of MB-101 (a CAR T cell therapy) and MB-108 (an oncolytic virus) for recurrent glioblastoma (rGBM). Research presented by Dr. Christine Brown at the AACR Annual Meeting 2022 indicates these therapies are well tolerated, with preliminary safety data supporting the development of a combination therapy, MB-109, which aims to enhance treatment efficacy. Mustang plans to file an Investigational New Drug application for MB-109 later this year, aiming to address the challenges of rGBM treatment.

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Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical firm, announced its participation in the Fortress Biotech Virtual R&D Summit on April 5-6, 2022. Mustang’s management will present a corporate overview and join a panel discussion on April 6 at 1:30 p.m. ET. Interested parties can register for the event here. A webcast will be available for 30 days post-event on the Investor Relations section of Mustang’s website.

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FAQ

What is the current stock price of Mustang Bio (MBIO)?

The current stock price of Mustang Bio (MBIO) is $0.2051 as of November 22, 2024.

What is the market cap of Mustang Bio (MBIO)?

The market cap of Mustang Bio (MBIO) is approximately 10.1M.

What is Mustang Bio, Inc.?

Mustang Bio, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing cancer immunotherapy products.

What are Mustang Bio's core areas of focus?

Mustang Bio focuses on gene therapies for rare genetic disorders, CAR T therapies for hematologic malignancies, and CAR T therapies for solid tumors.

Who are Mustang Bio's key partners?

Mustang Bio has partnered with the City of Hope National Medical Center and the Fred Hutchinson Cancer Research Center.

What are Mustang Bio's lead programs?

Mustang Bio's lead programs include MB-101 for brain cancer and MB-102 for acute myeloid leukemia, both in Phase 1 clinical trials.

What recent achievements has Mustang Bio reported?

Mustang Bio recently reported positive interim data from their Phase 1/2 clinical trial indicating a favorable safety and efficacy profile of MB-106 in lymphoma patients.

How does Mustang Bio acquire its technologies?

Mustang Bio acquires technologies through licensing or ownership interests and funds their research and development.

What is CAR T therapy?

CAR T therapy involves engineering a patient's T cells to express a chimeric antigen receptor, enabling them to target and destroy cancer cells.

How can I contact Mustang Bio for more information?

You can contact Mustang Bio via Jaclyn Jaffe and Nicole McCloskey at (781) 652-4500 or email ir@mustangbio.com.

Where can I find more detailed updates on Mustang Bio's clinical trials?

More detailed updates on Mustang Bio's clinical trials can be found on the 65th ASH Annual Meeting and Exposition website.

Who should media inquiries be directed to?

Media inquiries should be directed to Tony Plohoros at 6 Degrees, reachable at (908) 591-2839 or tplohoros@6degreespr.com.

Mustang Bio, Inc.

Nasdaq:MBIO

MBIO Rankings

MBIO Stock Data

10.08M
44.18M
5.87%
1.88%
1.43%
Biotechnology
Pharmaceutical Preparations
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