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NuCana plc American Depositary Share - NCNA STOCK NEWS

Welcome to our dedicated page for NuCana plc American Depositary Share news (Ticker: NCNA), a resource for investors and traders seeking the latest updates and insights on NuCana plc American Depositary Share stock.

NuCana plc (NASDAQ: NCNA) is a pioneering clinical-stage biopharmaceutical company dedicated to enhancing treatment outcomes for cancer patients. The company leverages its innovative ProTide technology to transform widely used chemotherapy drugs into more potent and less toxic medications. NuCana's core focus is on overcoming resistance mechanisms in cancer cells, thus achieving higher concentrations of anti-cancer metabolites within the tumors.

NuCana’s cutting-edge research and development pipeline include key products such as NUC-3373, NUC-7738, and Acelarin. These are aimed at treating various solid tumors which are often challenging to manage with conventional therapies due to drug resistance and severe side effects.

The firm is committed to advancing its clinical programs aggressively. NUC-3373 is being evaluated in several ongoing studies, including a Phase 2 trial for advanced colorectal cancer, where it's shown promising efficacy and safety. Similarly, NUC-7738 is under investigation for its potential in treating melanoma and other solid tumors, especially in patients who have not responded to previous treatments.

In recent updates, NuCana announced their financial results for the third and fourth quarters of 2023. As of December 31, 2023, NuCana had £17.2 million in cash and cash equivalents. The company reported a net loss of £7.7 million for Q4 2023, a significant improvement compared to the £15.2 million loss in Q4 2022. The ongoing clinical trials and promising data presentations for their ProTide products demonstrate the potential for improved cancer treatments.

Additionally, NuCana’s recent changes in the ADS ratio, effective as a one-for-twenty-five reverse split, aim to enhance the liquidity of their ADSs and regain compliance with Nasdaq's minimum bid price requirement. The company's shares continue to trade under the ticker symbol “NCNA”.

Through strategic partnerships and robust clinical development, NuCana plc is poised to make significant strides in oncology therapeutics, contributing to better patient outcomes and advancing the future of cancer treatment.

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NuCana plc (NASDAQ: NCNA) announced it has regained compliance with Nasdaq's minimum bid price requirement, having maintained a closing bid price of $1.00 or more for 10 consecutive business days from January 5 to January 19, 2023. Previously, the company was notified on January 6, 2023, that its American Depositary Shares (ADSs) had fallen below the $1.00 threshold for over 30 days. The Notification Letter confirms that the matter is now resolved. NuCana focuses on enhancing cancer treatment outcomes through its ProTide technology, with ongoing clinical studies for its drug candidates NUC-3373 and NUC-7738.

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NuCana plc (NASDAQ: NCNA) received a Notification Letter from Nasdaq on January 3, 2023, indicating that the company's American Depositary Shares (ADSs) have fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive business days.

The notification does not affect the current listing of ADSs, which will continue to trade on Nasdaq. NuCana has a 180-day grace period, until July 3, 2023, to regain compliance by maintaining a share price of $1.00 or higher for 10 consecutive days. Failing to do so may lead to a transfer to Nasdaq Capital Market.

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NuCana plc (NASDAQ: NCNA) will participate in the 41st Annual J.P. Morgan Healthcare Conference from January 9-12, 2023, in San Francisco, holding one-on-one meetings. The company focuses on enhancing cancer treatment outcomes via its proprietary ProTide technology, converting standard chemotherapy agents into safer medicines. NuCana's pipeline includes NUC-3373 for metastatic colorectal cancer and NUC-7738 for advanced solid tumors, both undergoing various phases of clinical trials.

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NuCana plc (NASDAQ: NCNA) reported Q3 financial results for 2022, showing a reduced net loss of £4.5 million, down from £8.0 million year-over-year. Cash reserves increased to £50.8 million, providing a runway through 2025. The company advances its ProTide therapeutics, with two Phase 2 studies initiated for NUC-3373 in colorectal cancer and solid tumors. Positive data were presented at major oncology meetings, enhancing confidence in NUC-3373 and NUC-7738's effectiveness. Key milestones are anticipated in Q4 2022 and the first half of 2023.

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NuCana plc (NASDAQ: NCNA) will present at the Jefferies London Healthcare Conference on November 16, 2022, at 2:40 PM GMT. CEO Hugh Griffith and CFO Don Munoz will lead discussions and one-on-one meetings at the event held in London, UK. The presentation will be available for live webcast and later replay on the company’s website under ‘Events & Presentations’. NuCana focuses on enhancing cancer treatment through its ProTide technology, with a pipeline including NUC-3373 and NUC-7738.

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NuCana plc (NASDAQ: NCNA) announced promising non-clinical results for NUC-3373 at the 34th EORTC-NCI-AACR Annual Meeting. Data suggest NUC-3373, a potent thymidylate synthase (TS) inhibitor, induces significant DNA damage in various non-small cell lung cancer (NSCLC) cell lines and increases immunogenic activity. The company has initiated the NuTide:303 study, evaluating NUC-3373 in combination with pembrolizumab or docetaxel for patients with advanced solid tumors. Results highlight NUC-3373's potential as a significant treatment option for NSCLC, reinforcing the company's strategic focus on enhancing chemotherapy efficacy.

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NuCana plc (NASDAQ: NCNA) presented promising results for NUC-7738 at the ESMO Annual Meeting, indicating significant anti-tumor activity in advanced solid tumors, particularly melanoma. The Phase 1 data of the NuTide:701 study showed that many patients remained on treatment for extended periods, with low rates of treatment-related adverse events. NUC-7738, which aims to enhance the anti-cancer effects of 3'-deoxyadenosine, is set to proceed to Phase 2 trials, including a combination with pembrolizumab. The favorable safety profile and potential efficacy mark a significant step forward for NuCana's cancer treatment pipeline.

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NuCana plc (NASDAQ: NCNA) announced positive results from its NuTide:302 study on NUC-3373, demonstrating good anti-tumor activity and safety in heavily pre-treated colorectal cancer patients. Data presented at the ESMO Annual Meeting showed that both NUFIRI and NUFOX regimens yielded promising progression-free survival rates, with 80% disease control for NUFOX. A new randomized study, NuTide:323, has been initiated, comparing NUFIRI with FOLFIRI. NUC-3373 aims to improve on 5-FU's limitations, potentially transforming treatment for colorectal cancer.

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NuCana plc (NASDAQ: NCNA) announced two key presentations at the European Society for Medical Oncology (ESMO) Congress 2022 in Paris from September 9-13. The first presentation features NUC-3373, a novel treatment for advanced colorectal cancer, on September 11, while the second showcases NUC-7738, a new anti-cancer agent, on September 12. NUC-3373 aims to enhance the efficacy and safety of existing therapies, while NUC-7738 targets solid tumors. Both products are part of NuCana's ongoing commitment to improving cancer treatment outcomes through innovative ProTide technology.

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NuCana plc (NASDAQ: NCNA) will engage in one-on-one meetings at Citi's 17th Annual BioPharma Conference, taking place from September 6-8, 2022, in Boston, MA. The company focuses on enhancing cancer treatment via its ProTide technology, improving the efficacy and safety of conventional chemotherapy agents. Key product candidates include NUC-3373, currently in multiple Phase 1b/2 studies for advanced colorectal cancer, and NUC-7738, in Phase 2 evaluation for advanced solid tumors. These efforts aim to address significant treatment limitations.

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FAQ

What is the current stock price of NuCana plc American Depositary Share (NCNA)?

The current stock price of NuCana plc American Depositary Share (NCNA) is $1.33 as of December 26, 2024.

What is the market cap of NuCana plc American Depositary Share (NCNA)?

The market cap of NuCana plc American Depositary Share (NCNA) is approximately 4.7M.

What is NuCana plc's primary focus?

NuCana plc focuses on developing more effective and safer cancer treatments using its proprietary ProTide technology.

What is ProTide technology?

ProTide technology transforms widely used chemotherapy drugs into more potent and less toxic medications by overcoming cancer cell resistance mechanisms.

What are NuCana's key pipeline products?

NuCana's key pipeline products include NUC-3373, NUC-7738, and Acelarin, aimed at treating various solid tumors.

What recent financial results did NuCana announce?

NuCana reported £17.2 million in cash and cash equivalents as of December 31, 2023, with a net loss of £7.7 million for Q4 2023.

How did NuCana's ADS ratio change impact shareholders?

The ADS ratio change, effective as a one-for-twenty-five reverse split, aimed to enhance ADS liquidity and compliance with Nasdaq's minimum bid price requirement, without impacting shareholders' proportional equity interests.

What recent clinical data did NuCana present for NUC-3373?

NuCana presented data showing NUC-3373's favorable safety profile and encouraging efficacy in second-line colorectal cancer patients, including tumor volume reductions.

What is the significance of NUC-7738 in NuCana's pipeline?

NUC-7738 is significant as it is being evaluated for its potential to enhance the efficacy of anti-PD-1 therapies in patients with melanoma and other solid tumors.

Where is NuCana's primary operational region?

NuCana primarily operates in the United States.

What is the expected cash runway for NuCana?

NuCana expects its cash runway to extend into 2025, supporting the ongoing and planned clinical development programs.

What are the upcoming milestones for NuCana in 2024?

NuCana anticipates several important data updates across its ProTide pipeline, including results from the Phase 2 study of NUC-3373 and further evaluations of NUC-7738.

NuCana plc American Depositary Share

Nasdaq:NCNA

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