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NKGen Biotech, Inc. - NKGN STOCK NEWS

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

NKGen Biotech, Inc. (symbol: NKGN) is a progressive biotechnology company dedicated to developing cutting-edge cell therapies aimed at combating neurodegenerative and oncological diseases. The company’s central focus revolves around utilizing activated NK cells, which form a part of the human innate immune response system. These cells have the remarkable ability to selectively identify and eliminate abnormal or diseased cells.

NKGen Biotech’s innovative approach is anchored in a proprietary manufacturing and cryopreservation process that produces SuperNK™ (SNK) cells. These cells exhibit significantly enhanced activity compared to the original population of NK cells. Enhanced parameters include increased cytotoxicity, cytokine production, and activating receptor expression, based on detailed in vitro experiments conducted by NKMAX. One of the notable advantages of SNK cells is their ability to be produced in large quantities and preserved cryogenically without losing their high levels of cytotoxicity.

Recently, NKGen Biotech has achieved significant milestones with its SNK01 trial. Additional Phase 1 data point to clinical activity regarding cognitive function in patients with advanced Alzheimer’s disease, alongside previously disclosed positive effects on amyloid protein and neuroinflammation biomarkers. Dr. Jesse Carr, MD, Medical Director of Behavioral Research Specialists, LLC, has expressed optimism about the trial, highlighting the absence of treatment-related adverse events and noting apparent improvements in patients' cognitive function, daily living activities, and overall quality of life.

For investors and stakeholders, NKGen Biotech represents a beacon of innovation in the biotechnology sector, with its unique approach to developing cell therapies that could potentially redefine the treatment landscape for challenging diseases like Alzheimer’s and various cancers. The company’s robust pipeline, strategic partnerships, and ongoing clinical trials position it as a key player in advancing medical science and therapeutic solutions.

For the latest updates and detailed information, visit the NKGen Biotech website.

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NKGen Biotech, Inc. announces the acceptance of an abstract for presentation on the effect of SNK01 NK cell therapy on CSF proteins, plasma proteins, and cognitive function in patients with advanced Alzheimer’s disease. The data will be presented at the Tau2024 Global Conference, showcasing the beneficial effect on Tau proteins and cognitive function in Alzheimer's disease subjects treated with Expanded Non-Genetically Modified Autologous Natural Killer Cells (SNK01).
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NKGen Biotech, Inc. (Nasdaq: NKGN) announced positive results from the Phase 1 dose-escalation safety trial of SNK01, a non-genetically modified NK cell product, showing improvement in neuroinflammation and cognitive function in patients with Alzheimer's Disease. The company has dosed the first patient in its Phase 1/2a trial to evaluate the safety and efficacy of SNK01 in moderate AD, with plans for an interim data readout in Q3 2024.
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NKGen Biotech Inc. (Nasdaq: NKGN) has received FDA IND clearance in October 2023 and CTA clearance by Health Canada for a phase 1/2a clinical trial in moderate Alzheimer’s Disease patients. The SNK01 program aims to evaluate the safety, tolerability, and efficacy of SNK01 natural killer cell therapy for the treatment of patients with moderate Alzheimer’s Disease. The Phase 1/2a trial of SNK01 in moderate Alzheimer’s disease patients officially opened with the first patient enrolled in December 2023. The company is optimistic about demonstrating more pronounced cognitive benefits and a greater decrease in neuroinflammation. Data from a Phase 1, 3 + 3 dose-escalation trial of SNK01 in patients with AD showed that SNK01 was well tolerated and appeared to have a positive effect on brain protein aggregates and neuroinflammation without any related serious adverse effects observed.
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NKGen Biotech Inc. (NKGN) announced positive results from its SNK01 Phase I autologous clinical program for Alzheimer’s Disease, with improvements in neuroinflammation and cognitive function. The company also provided updates on its SNK02 Phase I allogeneic clinical program, including preliminary solid tumor data readout and IND filing for Parkinson’s Disease in 1Q24. NKGen revealed its third quarter financial results, showcasing a cash position of $8.8 million, R&D and G&A expenses, and a net loss of $33.2 million.
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NKGen Biotech presents Phase I trial data on the use of SNK01 to treat Alzheimer's disease patients
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NKGen Biotech has received FDA clearance for its investigational new drug application for SNK01 natural killer cell therapy for the treatment of moderate Alzheimer's Disease. The Phase 1/2a clinical trial is expected to commence by the end of 2023, with the first interim data expected in early Q3 2024. Positive progress has been shown in recent poster presentations, with no serious adverse effects observed and positive changes in cognitive function and biomarkers.
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NKGen Biotech to present final report of Phase I study on SNK01 for Alzheimer's Disease at upcoming conference
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NKGen Biotech presents interim Phase I trial data on SNK01 for Alzheimer's disease at WCN Annual Meeting
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NKGen Biotech announces upcoming poster presentation on Phase I study of SNK01 in Alzheimer's Disease patients
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NKGen Biotech, Inc. will commence trading on Nasdaq under ticker symbol 'NKGN' on October 2, 2023, following its business combination with Graf Acquisition Corp. IV. The company aims to bring autologous and allogeneic programs for neurodegenerative diseases and cancer to the clinic. Being a public company is expected to accelerate their clinical plans and programs.
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FAQ

What is the current stock price of NKGen Biotech (NKGN)?

The current stock price of NKGen Biotech (NKGN) is $0.2639 as of November 15, 2024.

What is the market cap of NKGen Biotech (NKGN)?

The market cap of NKGen Biotech (NKGN) is approximately 9.7M.

What does NKGen Biotech, Inc. specialize in?

NKGen Biotech specializes in developing cell therapies for neurodegenerative and oncological diseases using activated NK cells.

What are SuperNK™ (SNK) cells?

SuperNK™ (SNK) cells are a proprietary product of NKGen Biotech, known for increased cytotoxicity and cytokine production compared to regular NK cells.

What recent achievements has NKGen Biotech accomplished?

The company has shown promising Phase 1 trial results for SNK01, indicating clinical activity in cognitive function for Alzheimer’s patients, alongside positive biomarker effects.

Where can I find the latest news about NKGen Biotech?

You can find the latest updates and detailed information on the NKGen Biotech website at https://nkgenbiotech.com/.

Who is overseeing the clinical trials for NKGen Biotech?

Dr. Jesse Carr, MD, Medical Director of Behavioral Research Specialists, LLC, is independently overseeing the SNK01 trial site.

Can SNK cells be produced in large quantities?

Yes, SNK cells can be produced in large quantities and cryopreserved while maintaining high levels of cytotoxicity.

Does NKGen Biotech have any partnerships?

NKGen Biotech collaborates closely with NKMAX, which conducts in vitro experiments to evaluate the activity of SNK cells.

What is the focus of NKGen Biotech’s ongoing projects?

The ongoing projects focus on developing SNK cell therapies for treating Alzheimer’s disease and various cancers.

Have there been any adverse events reported in the SNK01 trials?

No treatment-related adverse events have been reported in the SNK01 trials, which have shown preliminary clinical benefits.

What therapeutic areas is NKGen Biotech targeting?

NKGen Biotech is targeting neurodegenerative diseases like Alzheimer’s and oncological diseases using its SNK cell therapies.

NKGen Biotech, Inc.

Nasdaq:NKGN

NKGN Rankings

NKGN Stock Data

9.72M
35.52M
42.32%
10.03%
1.22%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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