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SEELOS THERAPEUTICS INC - SEEL STOCK NEWS

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

Seelos Therapeutics, Inc. (Nasdaq: SEEL) is a clinical-stage biopharmaceutical company committed to developing and commercializing novel therapeutic solutions for central nervous system (CNS) disorders and rare ailments. Based in New York, the company's primary focus is on innovative technologies aimed at treating conditions like major depressive disorder (MDD), post-traumatic stress disorder (PTSD), amyotrophic lateral sclerosis (ALS), Parkinson's disease (PD), and more.

Key developments in Seelos' pipeline include:

  • SLS-002: An intranasal racemic ketamine targeting acute suicidal ideation and behavior in MDD and PTSD patients. This promising treatment has shown significant efficacy in Phase II trials, with plans for Phase III trials underway.
  • SLS-005: A protein stabilizer for treating Sanfilippo syndrome and ALS. Recent trials in collaboration with the HEALEY ALS Platform have highlighted its potential benefits, even though some endpoints were not statistically significant.
  • SLS-006: A partial dopamine agonist developed for PD patients, emphasizing symptom relief and improved quality of life.
  • Preclinical Programs: These include SLS-007, an anti-alpha-synuclein inhibitor for PD; SLS-008, targeting chronic inflammation in asthma and pediatric orphan indications; and SLS-004 and SLS-010 for PD and narcolepsy, respectively.

Seelos Therapeutics actively engages in various clinical trials and collaborations to advance its therapeutic offerings. The company recently announced public offerings and strategic financial maneuvers to support its robust pipeline, including offerings totaling approximately $10.65 million in gross proceeds. These funds are earmarked for advancing Seelos' clinical programs and general corporate purposes.

Committed to addressing unmet medical needs, Seelos Therapeutics is poised to make significant contributions to the biopharmaceutical landscape, with a keen focus on CNS disorders and rare diseases.

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Seelos Therapeutics (Nasdaq: SEEL) has completed enrollment for its Phase II/III trial of SLS-005, a treatment for amyotrophic lateral sclerosis (ALS), with 160 participants. The study is randomized, double-blind, and placebo-controlled, focusing on the efficacy of SLS-005 over 24 weeks, with topline data expected in late 2023. Additionally, Seelos plans to launch an Expanded Access Program, funded by a grant from the National Institute of Neurological Disorders and Stroke (NINDS), to provide SLS-005 to 70 ALS patients who do not qualify for other trials. SLS-005 has received Orphan Drug Designation for ALS treatment.

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Seelos Therapeutics, Inc. (Nasdaq: SEEL) announced new data on SLS-004, its CRISPR-dCas9 gene therapy aimed at treating Parkinson's disease. The therapy demonstrated effective downregulation of alpha-synuclein and recovery of dopaminergic neurons in preclinical models. Seelos will present a poster titled SLS-004 - CRISPR-based epigenetic alpha-synuclein downregulation recovers loss of midbrain dopamine neurons in a humanized A53T Parkinson's rodent model at the 11th Annual Alzheimer's & Parkinson's Drug Development Summit in San Francisco from February 21-23, 2023. This novel approach has shown promise in ameliorating Parkinson's disease-related cellular phenotypes, highlighting its potential as a future therapeutic option.

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Seelos Therapeutics has initiated a Phase I ethnobridging study for SLS-002, an intranasal racemic ketamine therapy, focusing on safety and pharmacokinetics in Japanese and non-Asian subjects. This study, endorsed by the PMDA in Japan and FDA, aims to gather insights for future global trials targeting major depressive disorder (MDD) and suicidality. The 2019 data revealed over 1,000,000 emergency visits for suicide attempts in the U.S., underscoring the unmet need for effective treatments. SLS-002 demonstrates potential as a rapid intervention for severe depression and suicidality, aligning with the urgent market demand.

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Seelos Therapeutics, Inc. (Nasdaq: SEEL) announced its participation in the 12th Annual LifeSci Partners Corporate Access Event, taking place from January 9-11, 2023, in San Francisco, California. The company's chairman and CEO, Raj Mehra, emphasized the importance of discussing registrational studies for treatments related to acute suicidal ideation in major depressive disorder, amyotrophic lateral sclerosis, and spinocerebellar ataxia. In-person meetings will allow for direct engagement with senior management from over 200 life sciences companies.

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Seelos Therapeutics (Nasdaq: SEEL) announced promising in vivo data demonstrating that a single dose of SLS-004 significantly increases the recovery of tyrosine hydroxylase-positive (TH+) dopaminergic neurons in a Parkinson's disease model. This reduction in α-synuclein production correlates with decreased PD symptoms such as tremor and rigidity. Seelos plans to discuss further developments during a conference call on December 15, 2022. The findings support SLS-004 as a potential disease-modifying gene therapy for Parkinson's, targeting the SNCA gene linked to α-synuclein protein levels.

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Seelos Therapeutics, Inc. (Nasdaq: SEEL) announced a research and development update conference call and webcast scheduled for December 15, 2022, from 1 PM to 3 PM ET. The event will showcase updates on therapies for central nervous system disorders, including SLS-002 for Acute Suicidal Ideation and Behavior, SLS-005 for amyotrophic lateral sclerosis, and gene therapy approaches SLS-004 and SLS-007 for Parkinson's disease. Key speakers include Dr. Evan P. Cohen and Raj Mehra, highlighting recent clinical developments and market opportunities for their therapies.

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Seelos Therapeutics, Inc. (Nasdaq: SEEL) will hold a research and development update conference call on December 15, 2022, from 1pm to 3pm ET. The call aims to update investors on ongoing registrational studies, market research, and preclinical data. Seelos is focused on therapies for central nervous system disorders and rare diseases, with key indications such as Major Depressive Disorder and ALS. The company anticipates a significant year ahead in 2023, filled with catalysts and advancements.

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Seelos Therapeutics, Inc. (Nasdaq: SEEL) will participate in the Guggenheim 4th Annual Immunology and Neurology Day on November 14-15, 2022. Raj Mehra, Ph.D., Chairman and CEO, is scheduled for 1x1 investor meetings and a presentation on November 15 at 1:35 PM ET. The company specializes in developing therapies for central nervous system disorders and rare diseases, with a portfolio targeting conditions such as Major Depressive Disorder, ALS, and Parkinson's disease. For more details, visit seelostherapeutics.com.

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Seelos Therapeutics (Nasdaq: SEEL) announced its participation in the upcoming Wonderland event in Miami from November 3-5. The company will sponsor a Press Breakfast on November 4 to discuss the clinical study of its drug, SLS-002 (intranasal racemic ketamine), currently assessing its efficacy for treating suicidality in major depression. Seelos aims to address the unmet need for rapid treatments for suicidal patients, as over 1 million suicide attempts were recorded in U.S. emergency rooms in 2019.

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Seelos Therapeutics (Nasdaq: SEEL) has initiated dosing the first patient in a registrational phase II/III study of SLS-005 (trehalose injection) targeting spinocerebellar ataxia type 3 (SCA3). This trial aims to enroll up to 245 participants globally, assessing the treatment's efficacy over a 52-week period. Seelos will present findings at the International Congress for Ataxia Research in Dallas, Texas, in November. SLS-005 has received Orphan Drug Designation from the FDA and EMA, representing a potential breakthrough for a condition lacking approved treatments.

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FAQ

What is the current stock price of SEELOS THERAPEUTICS (SEEL)?

The current stock price of SEELOS THERAPEUTICS (SEEL) is $0.5401 as of November 15, 2024.

What is the market cap of SEELOS THERAPEUTICS (SEEL)?

The market cap of SEELOS THERAPEUTICS (SEEL) is approximately 527.6K.

What does Seelos Therapeutics, Inc. do?

Seelos Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing therapeutics for central nervous system disorders and rare diseases.

What are the key products in Seelos Therapeutics' pipeline?

Key products include SLS-002 for acute suicidal ideation in MDD and PTSD, SLS-005 for ALS and Sanfilippo syndrome, and SLS-006 for Parkinson's disease.

What recent achievements has Seelos Therapeutics made?

Seelos has made significant strides in clinical trials for SLS-002 and SLS-005, and has announced various public offerings to fund ongoing and future projects.

How does SLS-002 work?

SLS-002 is an intranasal racemic ketamine designed to treat acute suicidal ideation and behavior in patients with major depressive disorder and PTSD.

What is the financial status of Seelos Therapeutics?

Seelos has recently raised approximately $10.65 million through public offerings to support its clinical programs and general corporate purposes.

Who are Seelos Therapeutics' key partners?

Seelos collaborates with various institutions, including the Sean M. Healey and AMG Center for ALS research, and engages with financial partners like Titan Partners Group and Roth Capital Partners.

What is SLS-005, and what does it treat?

SLS-005 is a protein stabilizer aimed at treating Sanfilippo syndrome and ALS. It works by stabilizing misfolded proteins and activating autophagy.

What is the status of SLS-005 in clinical trials?

SLS-005 has shown potential benefits in recent trials, particularly in a pre-specified subgroup of ALS patients, although it did not meet all primary and secondary endpoints.

How is Seelos Therapeutics funded?

Seelos is funded through public offerings and private placements, recently raising about $10.65 million to support its development programs and operations.

What are the future plans for Seelos Therapeutics?

Seelos plans to continue advancing its clinical trials, particularly for SLS-002 and SLS-005, and exploring potential partnerships to further its mission of addressing unmet medical needs in CNS disorders and rare diseases.

SEELOS THERAPEUTICS INC

Nasdaq:SEEL

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