STOCK TITAN

BiomX Inc. - PHGE STOCK NEWS

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

BiomX Inc. (NYSE American: PHGE) is a pioneering clinical-stage microbiome and drug discovery company based in Israel. The company specializes in the development of natural and engineered phage therapies designed to target and destroy harmful bacteria associated with chronic diseases such as inflammatory bowel disease (IBD), colorectal cancer, primary sclerosing cholangitis, and chronic pulmonary infections in cystic fibrosis (CF) patients.

Utilizing advanced computational and synthetic biology research from globally renowned institutions, including the Weizmann Institute of Science and the Massachusetts Institute of Technology (MIT), BiomX's platforms discover and validate proprietary bacterial targets. Their flagship product candidate, BX004, aims to treat chronic pulmonary infections caused by Pseudomonas aeruginosa in CF patients. This program has shown promising clinical results, achieving positive outcomes in both safety and efficacy in Part 2 of a Phase 1b/2a trial, with results expected to be published in November 2023. BX004 has been granted Fast Track designation by the FDA.

In addition to its CF program, BiomX has expanded its pipeline through a recent merger with Adaptive Phage Therapeutics (APT), adding BX211, a personalized phage treatment for diabetic foot osteomyelitis (DFO) caused by Staphylococcus aureus. This merger has bolstered BiomX's capabilities and financial resources, enabling the company to advance its clinical pipeline effectively.

BiomX enjoys strong backing from notable investors such as OrbiMed Israel Incubator LP, Johnson & Johnson Development Corporation, Takeda Ventures, Seventure Partners, Mirae Asset Global Investments, and SBI.

For more details on BiomX's ongoing projects and latest developments, visit www.biomx.com.

Rhea-AI Summary
BiomX Inc. acquires Adaptive Phage Therapeutics, creating a leader in phage therapy with a clinical-stage pipeline. The company closed a $50 million financing to support BX004 and BX211 programs, with key data readouts expected in 2025. Patient recruitment for BX211 Phase 2 trial in Diabetic Foot Osteomyelitis is on track, with topline results expected in Q1 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.85%
Tags
-
Rhea-AI Summary
BiomX Inc. (PHGE) to Report Q4 and Full Year 2023 Financial Results and Business Update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.95%
Tags
conferences earnings
-
Rhea-AI Summary
Telum Therapeutics appoints Dr. Subhendu Basu, an experienced bio pharma leader, as the new CEO. Dr. Basu aims to drive corporate development, expand the pipeline, and advance investigational products into clinical trials. The company's previous CEO, Dr. Díez-Martínez, transitions to COO, highlighting Telum's focus on innovation in engineered phage endolysins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
management
Rhea-AI Summary
BiomX Inc. completes the acquisition of Adaptive Phage Therapeutics, Inc., creating a leading phage therapy company with two Phase 2 assets targeting chronic pulmonary infections in cystic fibrosis patients and diabetic foot osteomyelitis. A $50 million financing round will support the advancement of these lead product candidates through Phase 2 clinical readouts in 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
-
Rhea-AI Summary
BiomX Inc. (PHGE) announces the acquisition of Adaptive Phage Therapeutics, Inc., creating a leading phage therapy company with advanced pipeline assets. The merger agreement includes a private placement financing of $50 million to advance two Phase 2 clinical candidates. The acquisition is expected to close within 30 days, with BiomX stockholders owning 55% and APT stockholders owning 45% of the consolidated entity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
197.84%
Tags
-
Rhea-AI Summary
BiomX Inc. (PHGE) announced that its phage cocktail, BX004, has been granted Orphan Drug Designation by the FDA for the treatment of chronic pulmonary infection caused by Pseudomonas aeruginosa in patients with cystic fibrosis. This follows the Fast Track designation granted in August 2023. CEO Jonathan Solomon expressed optimism about the potential of BX004 to improve the standard of care for CF patients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
Rhea-AI Summary
BiomX Inc. (PHGE) to Host Virtual KOL Event to Discuss Positive Trial Results for BX004 in Cystic Fibrosis Patients with Chronic P. aeruginosa Infections
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
conferences clinical trial
-
Rhea-AI Summary
BiomX Inc. (NYSE American: PHGE) announced positive safety and efficacy results from Part 2 of the Phase 1b/2a trial evaluating the Company’s novel phage cocktail, BX004, for the treatment of chronic pulmonary infections caused by Pseudomonas aeruginosa (or P. aeruginosa) in patients with cystic fibrosis. The study showed clinically meaningful improvement in pulmonary function, significant reduction in P. aeruginosa burden, and plans to advance the BX004 program into a pivotal Phase 2b/3 trial.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-46.43%
Tags
-
Rhea-AI Summary
BiomX Inc. (NYSE American: PHGE) reported financial results and a business update for Q3 2023, including the ongoing analysis of Part 2 data from the Phase 1b/2a trial of BX004, with an expected announcement later this month. The company also highlighted the positive Part 1 data and FDA Fast Track designation for BX004, emphasizing its potential in treating chronic respiratory infections in cystic fibrosis patients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
Rhea-AI Summary
BiomX to present data from Phase 1b/2a study on BX004 for the treatment of chronic Pseudomonas aeruginosa infections in cystic fibrosis patients at the 37th Annual North American Cystic Fibrosis Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
conferences clinical trial

FAQ

What is the current stock price of BiomX (PHGE)?

The current stock price of BiomX (PHGE) is $0.5437 as of December 24, 2024.

What is the market cap of BiomX (PHGE)?

The market cap of BiomX (PHGE) is approximately 9.9M.

What does BiomX Inc. specialize in?

BiomX Inc. specializes in developing natural and engineered phage therapies targeting harmful bacteria associated with chronic diseases like IBD, colorectal cancer, and cystic fibrosis.

What is BX004?

BX004 is BiomX's lead product candidate for treating chronic pulmonary infections caused by Pseudomonas aeruginosa in cystic fibrosis patients. It has shown positive clinical results and received Fast Track designation from the FDA.

Who are BiomX's research partners?

BiomX collaborates with esteemed researchers from the Weizmann Institute of Science and the Massachusetts Institute of Technology (MIT).

What recent merger did BiomX complete?

BiomX recently merged with Adaptive Phage Therapeutics, adding BX211, a personalized phage treatment for diabetic foot osteomyelitis caused by Staphylococcus aureus, to its pipeline.

Who are some of BiomX's investors?

BiomX is backed by prominent investors, including OrbiMed Israel Incubator LP, Johnson & Johnson Development Corporation, Takeda Ventures, Seventure Partners, Mirae Asset Global Investments, and SBI.

What are some of BiomX's current projects?

BiomX is working on BX004 for chronic pulmonary infections in CF patients and BX211 for diabetic foot osteomyelitis. Both programs are in the clinical trial phase.

Where is BiomX Inc. based?

BiomX Inc. is based in Ness Ziona, Israel, with additional operations in Cambridge, Massachusetts.

What technological platforms does BiomX use?

BiomX utilizes computational and synthetic biology platforms to discover and validate bacterial targets and customize phage compositions against these targets.

When can we expect results for BX004 Phase 1b/2a trial?

Results for Part 2 of the BX004 Phase 1b/2a trial are expected to be announced in November 2023.

How can I get more information about BiomX?

More information about BiomX can be found on their website at www.biomx.com.

BiomX Inc.

NYSE:PHGE

PHGE Rankings

PHGE Stock Data

9.88M
13.62M
11.68%
52.31%
0.13%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
NESS ZIONA