Welcome to our dedicated page for NAYA Biosciences news (Ticker: NAYA), a resource for investors and traders seeking the latest updates and insights on NAYA Biosciences stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NAYA Biosciences's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NAYA Biosciences's position in the market.
NAYA Biosciences (NASDAQ: NAYA) has nominated five new board members with extensive biotechnology industry experience, to be approved at the shareholder meeting on March 10th, 2025. The nominations reflect the company's enhanced focus on oncology and autoimmune diseases.
The nominees include: Laurent Audoly, PhD, cofounder/CEO of PriveBio and former founding president/CEO of Kymera Therapeutics; Melissa Fensterstock, MPhil, MBA, advisor at Material Impact Fund; Prakash Raman, PhD, CEO of InduPro and former Novartis executive; Daniel Teper, PharmD, MBA, Founder & President of NAYA Biosciences; and Alexandra Urman, MPH, CEO of Aomics and healthcare innovation expert.
NAYA Biosciences (NASDAQ: NAYA) has announced the pricing of a $9.5 million public offering consisting of 13,615,171 units at $0.70 per unit. Each unit includes one share of common stock (or pre-funded warrant) and one warrant to purchase one share of common stock at an exercise price of $0.70, exercisable immediately and expiring in five years.
The offering, led by Maxim Group with Brookline Capital Markets as co-placement agent, is expected to close around January 14, 2025. The net proceeds will be used to fund the Wisconsin Fertility Institute purchase, redeem 4,000 shares of Series C-2 preferred stock ($4,000,000 stated value), settle outstanding debt obligations, and support clinical trials, product development, marketing, management team strengthening, working capital, and potential acquisitions.
NAYA Biosciences (NASDAQ: NAYA) announced the expansion of its bifunctional antibody pipeline with NY-500, a novel PD-1 x VEGF tetravalent bifunctional antibody for treating hepatocellular carcinoma (HCC) and other solid tumors. The company is developing NY-500 using its proprietary FLEX antibody platform and optimizing it through an AI partnership with MabSilico.
Recent clinical data with ivonescimab, a similar PD-1 x VEGF antibody, has demonstrated superiority over Keytruda® in non-small-cell lung cancer treatment. NAYA aims to initiate clinical trials for NY-500 in early 2026.
Additionally, NAYA is developing NY-303, a GPC3-targeting bifunctional antibody, currently in phase 1/2 clinical trials for HCC patients not responding to PD-1 +/- VEGF therapy. Recent data presented at SITC showed NY-303's ability to reverse resistance to PD-1 checkpoint blockage. Phase 1/2a clinical trials for NY-303 are expected to begin in 2025.
NAYA Biosciences (NASDAQ: NAYA) announced two presentations at the 2024 SITC Annual Meeting in Houston, focusing on their GPC3-targeting NK engager bispecific antibody NY-303. The first presentation demonstrates NY-303's ability to reverse resistance to PD-1 checkpoint blockade, converting 'cold' tumors to 'hot' ones, making them susceptible to immunotherapy. The second presentation showcases a Graph AI model analyzing GPC3 gene expression and NK cell tumor infiltration's influence on hepatocellular carcinoma survival rates. These insights support the planned Phase I/IIa clinical trials in H1 2025.
INVO Bioscience has announced a corporate name change to NAYA Biosciences Inc. and will begin trading under the new symbol 'NAYA' on October 22, 2024. This change follows the recent merger with NAYA Biosciences, completed on October 14th. The newly combined company will maintain its revenue-generating fertility business while expanding into oncology and autoimmune diseases.
CEO Steve Shum stated that the name change and new trading symbol better reflect their expanded corporate strategy. The company aims to combine scalable, profitable revenues from the fertility business with the potential of innovative therapeutics. Their hub-and-spoke model is designed to share resources and talent to accelerate the development of lean, agile subsidiaries.
FAQ
What is the current stock price of NAYA Biosciences (NAYA)?
What is the market cap of NAYA Biosciences (NAYA)?
