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SAB Biotherapeutics Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing a portfolio of products from its proprietary immunotherapy platform to produce targeted human polyclonal antibodies. The company leverages transchromosomic cattle genetically designed to produce human antibodies in response to an antigen. With a breakthrough therapy designation from the FDA, SAB-176 targets influenza strains, demonstrating sustained neutralization activity. The company's DiversitAb platform enables the production of fully human target-specific biologics for various therapeutic areas.
SAB Biotherapeutics (Nasdaq: SABS) announced significant findings from its polyclonal antibody platform at the OPTIONS XI conference in Belfast. New data revealed that SAB-176 effectively reduced H1N1 viral load and improved symptoms in a Phase 2a trial. Additionally, the SAB-185 candidate demonstrated efficacy against various SARS-CoV-2 variants. Both therapeutic candidates showcased the platform's ability to neutralize rapidly mutating viruses, reinforcing SAB's innovative position in immunotherapy.
SAB Biotherapeutics (Nasdaq: SABS) announced its participation in the OPTIONS XI conference from Sept. 26-29, 2022, in Belfast, Northern Ireland. The company will present new data on its fully-human polyclonal antibody platform, specifically during an oral presentation of SAB-176's efficacy against Type A and B influenza. This Phase 2a trial targets H1N1 challenged adults. Additionally, a poster will detail the protective effects of transchromosomic bovine-derived antibodies against multiple SARS-CoV-2 variants. These presentations highlight SAB's innovative immunotherapeutic approaches.
SAB Biotherapeutics (Nasdaq: SABS) reported its Q2 2022 financial results, highlighting a cash position of $16.6 million and a net loss of $4.8 million with EPS of $(0.11). Operating expenses are projected to be covered for the next twelve months. The company is advancing its pipeline with SAB 176 for anti-influenza entering Phase II development and SAB 195 targeting C. diff. moving towards pre-IND. A virtual R&D update is scheduled for August 17, 2022, to showcase its polyclonal immunotherapy platform, DiversitAb™.
SAB Biotherapeutics (SABS) has terminated its agreement with the U.S. Department of Defense due to misalignment of goals following modifications during the COVID-19 pandemic. This allows SAB to refocus on its core mission and advance its research pipeline, including the development of SAB-195, a polyclonal antibody treatment for Clostridioides difficile infection (CDI), which affects 500,000 people annually in the U.S. alone. SAB plans to file an IND within 18 months and anticipates announcing Phase 1 clinical trial results in 2024.
SAB Biotherapeutics (NASDAQ: SABS) announced a Virtual 2022 Annual R&D Portfolio Update on August 17, 2022, at 10:30 a.m. ET. The update will showcase the company's unique DiversitAb™ immunotherapy platform that produces high-potency, fully-human polyclonal antibodies without human donors. Executives will discuss planned clinical and preclinical development programs targeting diseases like COVID-19 and type 1 diabetes. A live webcast will be available, with a replay on the company's website. For registration details, visit www.sab.bio.
SAB Biotherapeutics (Nasdaq: SABS) announced the appointment of Rear Admiral Scott Giberson to its Board of Directors, effective July 7, 2022. Giberson, a retired two-star admiral with extensive government and healthcare experience, will bring valuable insights to the company. His previous roles include Deputy Surgeon General and Commander of the Commissioned Corps’ Ebola Response. SAB aims to leverage Giberson’s expertise to address unmet medical needs through its innovative immunotherapy platform. The company focuses on developing fully human polyclonal antibodies targeting diseases like COVID-19 and type 1 diabetes.
SAB Biotherapeutics (SABS) hosted Congressmen Dusty Johnson and Dean Phillips on July 1, 2022, at its Sioux Falls facility. The visit showcased SAB's innovative immunotherapy platform that produces fully human polyclonal antibodies through genetically engineered cattle. The Congressmen engaged with SAB's management team, discussing advancements in COVID-19 treatment and the company's pipeline targeting influenza, oncology, and type 1 diabetes. SAB aims to address unmet global health needs with its DiversitAb™ platform.
SAB Biotherapeutics (Nasdaq: SABS) announced the appointment of Dr. Alexandra Kropotova as Chief Medical Officer to enhance its pipeline in immune and autoimmune disorders. With over 20 years of experience, Dr. Kropotova previously led drug development at Teva Pharmaceuticals and has held key roles at Sanofi and Pfizer. Her expertise is expected to be vital for advancing SAB's initiatives in areas such as infectious diseases and cancer. The company continues to leverage its innovative platform for producing high-potency, fully human polyclonal antibodies.
SAB Biotherapeutics will present at the Large Animal Genetic Engineering Summit on June 7, 2022, in Park City, Utah. CEO Dr. Christoph Bausch will discuss advancements in their Transchromosomic (Tc) Goat platform for producing fully human polyclonal antibodies. The presentation will cover the DiversitAb platform, highlighting pipeline programs including SAB-185 (anti-SARS-CoV-2), SAB-176 (influenza), and SAB-142 (Type 1 diabetes). The company focuses on innovative immunotherapy solutions aimed at serious diseases.
SAB Biotherapeutics (Nasdaq: SABS) reported its Q1 2022 financial results and company updates, emphasizing significant advancements in its immunotherapy platform.
Key highlights include:
- Cash and cash equivalents of $22.4 million as of March 31, 2022.
- R&D expenses increased to $13.3 million, attributed to expanded capabilities.
- Net income was $1 million, equating to $0.02 per share.
Full data from the Phase 2a trial for SAB-176 is expected in Q3 2022, with additional updates on SAB-185 and other pipeline candidates anticipated later this year.
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