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PUMA BIOTECHNOLOGY INC - PBYI STOCK NEWS

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Puma Biotechnology Inc (PBYI) is a pioneering biopharmaceutical company dedicated to developing and commercializing innovative treatments for cancer. Specializing in the in-licensing of drug candidates, Puma focuses on therapies that have undergone initial clinical testing, aiming to advance these candidates for commercial use. The company's core mission is to enhance cancer care and improve patient outcomes through cutting-edge treatments.

One of Puma Biotechnology's flagship products is NERLYNX, an oral version of neratinib. This drug is specifically designed for the treatment of HER2-positive breast cancer. NERLYNX works by inhibiting the HER2 receptor, which plays a key role in the growth and spread of breast cancer cells. The effectiveness and commercial success of NERLYNX highlight Puma's commitment to providing innovative solutions in oncology.

In addition to NERLYNX, Puma is developing alisertib, a selective inhibitor of aurora kinase A. This small-molecule drug disrupts mitosis, leading to the apoptosis of rapidly proliferating tumor cells. Alisertib is targeted at various forms of cancer, making it a versatile addition to Puma's portfolio.

Puma Biotechnology's strategy involves collaboration and partnerships to bring their innovations to market. The company has a robust financial foundation, enabling it to invest in research and development while pursuing effective commercialization strategies. Puma's ongoing projects and recent achievements demonstrate its role as a significant player in the biopharmaceutical industry, consistently pushing the boundaries of cancer treatment.

For investors and stakeholders, Puma Biotechnology's focus on innovative cancer therapies and its strategic development pipeline offer promising opportunities. The company's commitment to enhancing treatment outcomes ensures it remains at the forefront of the biopharmaceutical sector.

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Puma Biotechnology (PBYI) will host a conference call on February 25, 2021, at 1:30 p.m. PST/4:30 p.m. EST to discuss its fourth quarter and full-year 2020 financial results. Investors can join by calling 1-877-709-8150 for domestic or 1-201-689-8354 for international access. A live webcast and presentation slides will be available on Puma's website. The company specializes in biopharmaceuticals focused on cancer care, known for its FDA-approved drug NERLYNX (neratinib), which treats specific types of breast cancer.

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Puma Biotechnology, Inc. (NASDAQ: PBYI) announced the grant of inducement restricted stock unit awards covering 11,000 shares to two new non-executive employees on February 4, 2021. These awards are issued under Puma's 2017 Employment Inducement Incentive Award Plan and vest over three years, with specific vesting milestones based on continued service. Puma Biotechnology focuses on developing and commercializing innovative cancer care products, including its FDA-approved drug NERLYNX® for certain breast cancer treatments.

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Puma Biotechnology (NASDAQ: PBYI) disclosed interim results from the SUMMIT trial evaluating neratinib for metastatic non-small cell lung cancer patients with EGFR exon 18 mutations. Presented at WCLC 2020, the study involved 11 patients, revealing that 60% had a partial response and 80% experienced clinical benefit. The median duration of response was 7.5 months, with a progression-free survival of 9.1 months. Safety assessments indicated no severe diarrhea cases. The company continues to enroll participants, emphasizing the need for new treatments in this niche.

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Puma Biotechnology (NASDAQ: PBYI) announced that CEO Alan H. Auerbach will present an overview of the company at the B. Riley Oncology Investor Conference on January 21, 2021. The presentation will be available for replay on the company’s website for 30 days starting at approximately 1:30 p.m. PST. Puma is focused on developing innovative cancer care solutions, including NERLYNX® (neratinib), which has FDA approval for treating early-stage and advanced HER2-positive breast cancer. For more information, visit www.pumabiotechnology.com.

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Puma Biotechnology (NASDAQ: PBYI) presented interim results from the biliary tract cancers cohort of the SUMMIT trial at the 2021 ASCO GI Symposium. The trial evaluated neratinib's safety and efficacy in 25 patients with HER2 mutation-positive advanced biliary cancer. Results showed a 16% objective response rate, with 4 patients achieving confirmed partial responses. The treatment was deemed safe, with 56% experiencing diarrhea, mostly manageable. CEO Alan H. Auerbach expressed satisfaction with the activity seen, particularly in gallbladder and cholangiocarcinoma patients.

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Puma Biotechnology, a biopharmaceutical company specializing in cancer care, announced that CEO Alan H. Auerbach will present at the 39th Annual J.P. Morgan Healthcare Conference. The virtual event is scheduled for January 14, 2021, at 7:50 a.m. PST (10:50 a.m. EST). A live webcast will be accessible on Puma’s website and archived for 30 days. Puma focuses on innovative treatments like NERLYNX® (neratinib), approved for certain breast cancer patients, showcasing their commitment to advancing cancer treatment options.

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Puma Biotechnology, Inc. (NASDAQ: PBYI) announced that CEO Alan H. Auerbach will present at the H.C. Wainwright VIRTUAL BioConnect Conference. The presentation will be available on demand starting January 11, 2021, at 6:00 a.m. EST, and accessible for 30 days on the company’s website.

Puma focuses on developing innovative cancer treatments, notably NERLYNX® (neratinib), approved for HER2-positive breast cancer. The FDA approved NERLYNX in 2017 for early-stage patients and in 2020 for advanced cases. For more information, visit www.pumabiotechnology.com.

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Puma Biotechnology, Inc. (NASDAQ: PBYI) announced on December 10, 2020, that its Compensation Committee approved an inducement grant of 3,000 restricted stock units to a new non-executive employee. The award, part of the 2017 Employment Inducement Incentive Award Plan, vests over three years, beginning with one-third vesting on December 1, 2021. The grant aims to attract talent in line with Nasdaq Listing Rule 5635(c)(4). Puma focuses on developing innovative cancer treatments, with its flagship product NERLYNX® approved for specific breast cancer treatments.

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Puma Biotechnology (NASDAQ: PBYI) presented findings at the 2020 SABCS, highlighting efficacy and safety for patients with CNS metastases from the NALA trial. The study showed that neratinib plus capecitabine (N+C) significantly improved progression-free survival (PFS) compared to lapatinib plus capecitabine (L+C), with a hazard ratio of 0.76. In the subgroup with CNS metastases, N+C demonstrated better PFS (7.8 months) versus L+C (5.5 months). The safety profile was consistent with overall results, with common adverse effects including diarrhea and nausea.

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Puma Biotechnology (NASDAQ: PBYI) presented neratinib efficacy results for HER2-positive early-stage breast cancer from the Phase III ExteNET trial at the 2020 SABCS. The trial involved 2,840 patients, comparing neratinib (240 mg/day) to placebo after chemotherapy and trastuzumab. Key findings included 8-year overall survival (OS) rates of 90.1% for neratinib and 90.2% for placebo, with significant CNS metastasis reduction. Dr. Frankie Ann Holmes reported a notable OS improvement in high-risk patients not achieving a pathological complete response.

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FAQ

What is the current stock price of PUMA BIOTECHNOLOGY (PBYI)?

The current stock price of PUMA BIOTECHNOLOGY (PBYI) is $2.75 as of December 20, 2024.

What is the market cap of PUMA BIOTECHNOLOGY (PBYI)?

The market cap of PUMA BIOTECHNOLOGY (PBYI) is approximately 139.8M.

What does Puma Biotechnology Inc (PBYI) specialize in?

Puma Biotechnology specializes in developing and commercializing innovative cancer treatments, focusing on in-licensing drug candidates that have undergone initial clinical testing.

What is NERLYNX?

NERLYNX is an oral version of neratinib developed by Puma Biotechnology for the treatment of HER2-positive breast cancer.

What is alisertib?

Alisertib is a selective inhibitor of aurora kinase A, designed to disrupt mitosis and induce apoptosis in rapidly proliferating tumor cells.

What is Puma Biotechnology's approach to drug development?

Puma focuses on in-licensing innovative drug candidates, advancing their development through clinical testing, and eventually commercializing them for cancer treatment.

How does NERLYNX work?

NERLYNX inhibits the HER2 receptor, which is involved in the growth and spread of HER2-positive breast cancer cells.

What types of cancer is alisertib aimed at treating?

Alisertib is targeted at various forms of cancer due to its mechanism of disrupting mitosis in tumor cells.

Does Puma Biotechnology collaborate with other companies?

Yes, Puma Biotechnology engages in partnerships and collaborations to advance the development and commercialization of its drug candidates.

What are some recent achievements of Puma Biotechnology?

Recent achievements include the successful commercialization of NERLYNX and ongoing development of alisertib.

What is the company's financial condition?

Puma Biotechnology has a robust financial foundation, supporting its research and development initiatives and commercialization strategies.

Why is Puma Biotechnology significant in the biopharmaceutical industry?

Puma Biotechnology is significant due to its innovative cancer therapies, strategic development pipeline, and commitment to improving patient outcomes.

PUMA BIOTECHNOLOGY INC

Nasdaq:PBYI

PBYI Rankings

PBYI Stock Data

139.80M
38.59M
15.14%
67.8%
6.08%
Biotechnology
Pharmaceutical Preparations
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United States of America
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