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Protagonist Ther - PTGX STOCK NEWS

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Protagonist Therapeutics, Inc. (NASDAQ: PTGX) is a clinical-stage biopharmaceutical company leveraging its proprietary technology platform to discover and develop novel peptide-based drugs. The company's primary focus is on creating first-in-class oral targeted therapies that inhibit biological pathways currently addressed by injectable antibody drugs. This innovative approach aims to treat significant unmet medical needs, particularly in the areas of inflammatory bowel disease (IBD) and other autoimmune diseases.

Protagonist's lead peptide product candidates, PTG-100 and PTG-200, are designed to transform treatment paradigms for conditions such as ulcerative colitis and Crohn's disease. PTG-100, an oral peptide alpha-4-beta-7 integrin antagonist, is in a global Phase 2b clinical trial for moderate-to-severe ulcerative colitis. PTG-200, a first-in-class oral interleukin-23 receptor antagonist, is also progressing through clinical trials.

Another key asset, JNJ-2113 (formerly PN-235), achieved primary and secondary endpoints in the Phase 2b FRONTIER 1 trial for moderate-to-severe plaque psoriasis. This drug is part of an extensive clinical development program, including multiple Phase 3 studies under the ICONIC program. JNJ-2113 is also being evaluated in a Phase 2b ANTHEM-UC study for ulcerative colitis.

Protagonist's pipeline also includes Rusfertide (PTG-300), an injectable hepcidin mimetic currently in Phase 3 development for polycythemia vera. The REVIVE Phase 2 study demonstrated that rusfertide effectively maintains hematocrit control and reduces the need for phlebotomies in patients.

The company has established significant partnerships to further its clinical programs. Notably, Protagonist collaborates with Johnson & Johnson and Takeda Pharmaceuticals to co-develop and co-commercialize its lead candidates, expanding its reach and impact in the biopharmaceutical landscape.

Protagonist continues to drive innovation with its ongoing discovery efforts, aiming to develop additional oral peptides targeting validated biological pathways. With a robust pipeline and strategic collaborations, Protagonist Therapeutics is poised to make substantial contributions to the treatment of autoimmune and hematological diseases.

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Protagonist Therapeutics achieves $50 million milestone event in collaboration with Janssen Biotech for the development of JNJ-2113 in psoriasis. The ICONIC Phase 3 program is progressing rapidly, and additional Phase 3 studies are planned for JNJ-2113. ANTHEM UC Phase 2b study for ulcerative colitis is also underway.
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Protagonist Therapeutics, Inc. announced that its CEO will participate in investor conferences this month. The conferences include Guggenheim 5th Annual I&I Conference, J.P. Morgan Equity Opportunities Forum, Truist Securities BioPharma Symposium, and Jefferies London Healthcare Conference. Company presentations will be available on the Protagonist corporate website.
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Protagonist Therapeutics has announced the appointment of Daniel N. Swisher, Jr. to its Board of Directors. Mr. Swisher recently retired as President and COO of Jazz Pharmaceuticals. Protagonist has two late-stage assets in Phase 3 development, JNJ-2113 and rusfertide, which offer significant growth opportunities for the company. Mr. Swisher's experience in leading biotech companies will provide valuable perspective and insight to Protagonist.
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Protagonist Therapeutics is eligible to receive $60M in milestone payments for the advancement of JNJ-2113 into multiple clinical development programs. Phase 3 clinical trials for the treatment of plaque psoriasis and ulcerative colitis will begin soon.
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Protagonist Therapeutics grants inducement awards to new Senior VP, Dr. Modelska, including options to purchase 35,000 shares at $16.68 per share. The shares vest over four years.
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Protagonist Therapeutics CEO to participate in investor conferences in September.
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Protagonist Therapeutics, Inc. (NASDAQ:PTGX) issued inducement awards to Christine Rocha, the Company's Vice President, Clinical Operations. Ms. Rocha received options to purchase 35,000 shares of Protagonist Therapeutics common stock at an exercise price of $18.76. The options vest over a four-year period, with 25 percent vesting on the first anniversary of Ms. Rocha's date of hire and the remainder vesting in equal monthly installments over three years.
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Protagonist Therapeutics (NASDAQ:PTGX) extends cash runway through Q1 2026 with $34.4 million proceeds from warrant exercise
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Protagonist Therapeutics (Nasdaq:PTGX): Positive Phase 2b FRONTIER 1 results for JNJ-2113 in plaque psoriasis. Rusfertide shows positive Phase 2 REVIVE results in polycythemia vera. Financial results for Q2 2023 revealed.
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Protagonist Therapeutics issued inducement awards to its Vice President, Peter Morello, granting him options to purchase 40,000 shares of the company's common stock. The exercise price of the options is $21.11, with vesting over a four-year period.
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FAQ

What is the current stock price of Protagonist Ther (PTGX)?

The current stock price of Protagonist Ther (PTGX) is $38.75 as of February 21, 2025.

What is the market cap of Protagonist Ther (PTGX)?

The market cap of Protagonist Ther (PTGX) is approximately 2.3B.

What is Protagonist Therapeutics' main focus?

Protagonist Therapeutics focuses on developing novel peptide-based drugs to address significant unmet medical needs, particularly for inflammatory bowel disease and autoimmune diseases.

What are PTG-100 and PTG-200?

PTG-100 is an oral peptide alpha-4-beta-7 integrin antagonist currently in Phase 2b trials for ulcerative colitis. PTG-200 is a first-in-class oral interleukin-23 receptor antagonist being developed for Crohn's disease.

What is JNJ-2113?

JNJ-2113 (formerly PN-235) is a targeted oral peptide designed to block the IL-23 receptor, currently being evaluated in multiple Phase 3 studies for moderate-to-severe plaque psoriasis and a Phase 2b study for ulcerative colitis.

What is rusfertide (PTG-300)?

Rusfertide is an injectable hepcidin mimetic in Phase 3 development for polycythemia vera. It has shown effectiveness in controlling hematocrit levels and reducing the need for phlebotomies.

Who are Protagonist's collaboration partners?

Protagonist collaborates with Johnson & Johnson and Takeda Pharmaceuticals to co-develop and co-commercialize its lead drug candidates.

What recent achievements has Protagonist announced?

Protagonist reported that JNJ-2113 met all primary and secondary endpoints in the Phase 2b FRONTIER 1 trial and is now in multiple Phase 3 studies. They also entered a significant partnership with Takeda Pharmaceuticals.

What is Protagonist's proprietary technology platform?

Protagonist's proprietary technology platform enables the discovery and development of novel constrained peptide-based drug candidates.

What are the latest developments in Protagonist's clinical trials?

Protagonist has ongoing Phase 3 trials for JNJ-2113 in psoriasis and a Phase 2b trial in ulcerative colitis, as well as a Phase 3 trial for rusfertide in polycythemia vera.

What is the status of the rusfertide Phase 3 VERIFY trial?

The Phase 3 VERIFY trial is nearing completion of enrollment, with top-line data expected by the first quarter of 2025.

Where can I find more information about Protagonist's drug candidates and clinical studies?

More information about Protagonist Therapeutics, its pipeline drug candidates, and clinical studies can be found on the company's website at www.protagonist-inc.com.
Protagonist Ther

Nasdaq:PTGX

PTGX Rankings

PTGX Stock Data

2.29B
57.07M
1.39%
106.31%
6.16%
Biotechnology
Pharmaceutical Preparations
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United States
NEWARK