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Rocket Pharmaceuticals, Inc. - RCKT STOCK NEWS

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

Rocket Pharmaceuticals, Inc. (symbol: RCKT) is a pioneering biotechnology company dedicated to advancing gene therapy treatments for rare and orphan diseases. The company's mission is to seek cures through molecular and gene therapy, leveraging a lentiviral-based approach to deliver groundbreaking medical advancements.

Core Business: The company focuses on developing first-in-class treatments aimed at addressing significant unmet medical needs. Rocket Pharmaceuticals has a robust pipeline of gene therapy products, including:

  • RP-A501 for Danon Disease
  • RP-L102 for Fanconi Anemia
  • RP-L201 for Leukocyte Adhesion
  • RP-L301 for Pyruvate Kinase Deficiency
  • RP-L401 for Infantile Malignant Osteopetrosis

These pipeline products are in various stages of clinical development, showcasing the company's commitment to innovative solutions for devastating pediatric diseases.

Partnerships and Collaborations: Rocket Pharmaceuticals has built rewarding partnerships with leading international research institutions and centers of manufacturing and cell processing expertise. These collaborations enhance the company's capacity to conduct rigorous research and development, clinical trials, and regulatory programs.

Financial Condition and Achievements: As a late-stage biopharmaceutical company, Rocket Pharmaceuticals is well-positioned in the market, with strong backing from investors and a promising future outlook. The company’s recent achievements include significant progress in clinical trials and obtaining key regulatory milestones.

Current Projects: The company is actively working on several projects aimed at bringing innovative gene therapies to market. These projects include ongoing clinical trials for their pipeline products and efforts to expand their research and development capabilities.

Looking Forward: Rocket Pharmaceuticals aims to launch and globally commercialize its gene therapies to bring hope and relief to patients suffering from rare diseases. The company's approach combines high scientific standards with a patient-centric focus, driving its mission to transform the landscape of gene therapy.

For more information, please visit www.rocketpharma.com.

Rhea-AI Summary

Rocket Pharmaceuticals, focusing on genetic therapies for rare childhood disorders, announced positive Phase 1 results for Danon Disease, showing clinical benefits in four adults. The data indicated sustained improvement across clinical metrics. In pivotal Phase 2 trials for LAD-I, nine patients exhibited successful engraftment, with CD18 expression ranging from 26% to 87%. Six out of eight patients in the Fanconi Anemia trial demonstrated engraftment, with data expected soon. The company holds a strong cash position of $388.7 million, ensuring operational funding into the second half of 2023.

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Rocket Pharmaceuticals (NASDAQ: RCKT), a clinical-stage company focused on genetic therapies for rare childhood disorders, has announced that CEO Gaurav Shah will participate in a virtual fireside chat at the 11th Annual SVB Leerink Global Healthcare Conference on February 16 at 10 a.m. ET. Investors can access a live audio webcast of the presentation on the company's website. Rocket's pipeline includes therapies for conditions such as Fanconi Anemia and Danon Disease, utilizing both lentiviral and adeno-associated viral vector approaches.

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Rocket Pharmaceuticals (NASDAQ: RCKT) announced key milestones for 2022 during the J.P. Morgan Healthcare Conference. Pivotal data from the LAD-I and Fanconi Anemia trials will be reported in Q2 and Q3, respectively. AAV GMP manufacturing in Cranbury, NJ is expected to begin in Q2, and data from Danon Disease pediatric cohorts is anticipated in Q3. Additionally, the initiation of pivotal Phase 2 trials for Danon Disease and PKD is planned for Q4, reflecting significant progress in advancing their genetic therapies for rare childhood disorders.

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Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) has announced that CEO Gaurav Shah, M.D. will present virtually at the 40th Annual J.P. Morgan Healthcare Conference on January 10 at 1:30 p.m. ET. The event will be available for live audio streaming on the company’s website, with a replay accessible afterward. The company is focused on developing genetic therapies for rare childhood disorders, including Fanconi Anemia and Danon Disease, utilizing both lentiviral vector and adeno-associated virus-based therapies.

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Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) reported positive updates from its Phase 2 trials for Fanconi Anemia (FA), Leukocyte Adhesion Deficiency-I (LAD-I), and a Phase 1 trial for Pyruvate Kinase Deficiency (PKD) at the ASH Annual Meeting. Six of eight FA patients showed evidence of engraftment and improved bone marrow mitomycin C resistance. All eight LAD-I patients exhibited durable CD18 expression crucial for survival. Additionally, two PKD patients achieved sustained normal hemoglobin levels post-treatment. A webcast event is scheduled for December 14, 2021, to discuss these findings further.

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Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) has appointed Martin L. Wilson as General Counsel, Chief Compliance Officer, and Senior Vice President. With nearly 20 years of experience in the life sciences sector, Wilson will enhance Rocket's legal and compliance capabilities. His previous roles include General Counsel at Ichnos Sciences and Teligent, Inc. CEO Gaurav Shah emphasized that Wilson's expertise is crucial as the company aims to expand its gene therapy pipeline for rare childhood disorders. This leadership change is expected to strengthen Rocket's operational framework.

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Rocket Pharmaceuticals (NASDAQ: RCKT) will host an Investor and Analyst Event on December 14, 2021 at 7:30 a.m. ET in Atlanta, featuring updates on its gene therapy programs targeting Leukocyte Adhesion Deficiency-I (LAD-I), Fanconi Anemia (FA), and Pyruvate Kinase Deficiency (PKD). Clinical data from these Phase 1 and Phase 2 trials will also be shared at the American Society of Hematology Annual Meeting (Dec. 11-14, 2021). The company is focused on developing therapies for rare childhood disorders through its innovative lentiviral vector (LVV) approach.

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Rocket Pharmaceuticals (NASDAQ: RCKT) announced that CEO Gaurav Shah will participate in a fireside chat at the Evercore ISI 4th Annual HEALTHCONx Virtual Conference on December 1, 2021, at 10:55 a.m. ET. The event will highlight Rocket's efforts in advancing genetic therapies for rare childhood disorders, including Fanconi Anemia and Danon Disease. A live audio webcast will be available on Rocket's investor relations website, with a replay following the event.

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Rocket Pharmaceuticals announced positive results from the Phase 1 trial of RP-A501 for Danon Disease. The investigational gene therapy showed sustained clinical benefits across key endpoints in four patients. Notably, three patients improved in NYHA class from II to I, indicating enhanced heart function, and significant reductions in BNP levels were recorded. The therapy was well tolerated at low doses, despite some adverse effects in high-dose patients. Rocket plans to transition to Phase 2 trials focusing on the low-dose cohort.

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Rocket Pharmaceuticals (NASDAQ: RCKT) will present updated data from its ongoing Phase 1 clinical trial of RP-A501 for Danon Disease during the American Heart Association Scientific Sessions 2021, held virtually from November 13-15. A conference call will occur on November 15 at 8:30 a.m. ET to discuss the findings. Rocket's gene therapies target rare genetic disorders, including Fanconi Anemia and Leukocyte Adhesion Deficiency-I. The company emphasizes its integrated approach to developing innovative treatments for pediatric conditions.

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FAQ

What is the current stock price of Rocket Pharmaceuticals (RCKT)?

The current stock price of Rocket Pharmaceuticals (RCKT) is $11.56 as of December 20, 2024.

What is the market cap of Rocket Pharmaceuticals (RCKT)?

The market cap of Rocket Pharmaceuticals (RCKT) is approximately 1.2B.

What is Rocket Pharmaceuticals, Inc.?

Rocket Pharmaceuticals is a biotechnology company focused on developing gene therapies for rare and devastating orphan diseases.

What is Rocket Pharmaceuticals' ticker symbol?

The ticker symbol for Rocket Pharmaceuticals is RCKT.

What diseases does Rocket Pharmaceuticals target?

The company targets rare pediatric diseases such as Danon Disease, Fanconi Anemia, Leukocyte Adhesion, Pyruvate Kinase Deficiency, and Infantile Malignant Osteopetrosis.

What is Rocket Pharmaceuticals' approach to gene therapy?

They use a lentiviral-based gene therapy approach to develop first-in-class treatments for rare diseases.

Who are Rocket Pharmaceuticals' partners?

Rocket Pharmaceuticals collaborates with leading international research institutions and centers of manufacturing and cell processing expertise.

What is RP-A501?

RP-A501 is Rocket Pharmaceuticals' gene therapy product for treating Danon Disease.

How can I get more information about Rocket Pharmaceuticals?

You can visit their official website at www.rocketpharma.com for more information.

What stage is Rocket Pharmaceuticals in?

Rocket Pharmaceuticals is a late-stage biopharmaceutical company focused on clinical development and regulatory milestones.

What are some recent achievements of Rocket Pharmaceuticals?

Recent achievements include progress in clinical trials and obtaining key regulatory milestones for their pipeline products.

What is the ultimate aim of Rocket Pharmaceuticals?

Their ultimate aim is to globally commercialize innovative gene therapies in areas with high unmet medical need.

Rocket Pharmaceuticals, Inc.

Nasdaq:RCKT

RCKT Rankings

RCKT Stock Data

1.22B
98.79M
3.38%
107.09%
12.17%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
NEW YORK