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Shuttle Pharmaceuticals Holdings, Inc. - SHPH STOCK NEWS

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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) is a clinical stage pharmaceutical company pioneering innovative therapies aimed at curing cancers. Founded in 2012 by faculty members from Georgetown University Medical Center, Shuttle Pharma focuses on developing radiation sensitizers to enhance the efficacy of radiation therapy (RT). The company’s mission is to improve cancer treatment outcomes, prolong patient survival, and elevate the quality of life for those undergoing therapy.

Shuttle Pharma's flagship product, Ropidoxuridine (IPdR), is a leading candidate designed to be used in combination with RT for treating glioblastoma, a lethal brain tumor currently without a cure. The company has received positive feedback from the U.S. Food and Drug Administration (FDA), including a 'Safe to Proceed' letter, enabling the commencement of Phase II clinical trials. The FDA's guidance has paved the way for Shuttle Pharma to develop Ropidoxuridine further as a radiation sensitizer.

In addition to Ropidoxuridine, Shuttle Pharma is advancing its predictive biomarker program for prostate cancer. This initiative includes licensing intellectual property from Georgetown University to develop diagnostic blood tests. These tests aim to predict the success or failure of RT in prostate cancer patients, thereby informing treatment decisions and improving patient management.

Shuttle Pharma operates with a strong collaborative ethos, partnering with academic institutions and leveraging grant funding from entities like the National Institutes of Health (NIH). The company’s research also extends to histone deacetylase (HDAC) inhibitors, such as its lead HDAC6 inhibitor candidate, SP-2-225, which aims to prevent tumor relapse and enhance antitumor immune responses.

Financially, Shuttle Pharma is actively involved in capital raising initiatives to support its ambitious research and development goals. A recent Rights Offering aims to raise up to $4.5 million, supplementing the company’s resources to advance its clinical trials and diagnostic programs.

Overall, Shuttle Pharmaceuticals Holdings, Inc. is at the forefront of developing groundbreaking therapies that could revolutionize cancer treatment by making radiation therapy more effective and less toxic.

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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) provided a corporate update, highlighting FDA approval for Phase 2 Clinical Trial of Ropidoxuridine for glioblastoma, creation of Shuttle Diagnostics, licensing agreements, exclusive intellectual property acquisitions, and a planned Rights Offering to raise $4.5 million. The company's cash balance was $5.5 million as of December 31, 2023. Recent presentations included participation in investor conferences and updates on radiation sensitizer portfolio and diagnostic subsidiary.
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Shuttle Pharmaceuticals Holdings, Inc. (SHPH) CEO to Present at Emerging Growth Conference on March 6, 2024
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Shuttle Pharmaceuticals Holdings, Inc. announces a Rights Offering to raise up to $4.5 million through the distribution of subscription rights, offering existing stockholders the opportunity to purchase Units consisting of common stock, warrants, and equity interest in Diagnostics.
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Shuttle Pharmaceuticals Holdings, Inc. (SHPH) CEO, Dr. Anatoly Dritschilo, will participate in a fireside chat and one-on-one meetings with investors at the Lytham Partners 2024 Investor Select Conference. The company recently received FDA approval to proceed with the Phase II clinical trial of Ropidoxuridine for the treatment of patients with glioblastoma. The webcasted fireside chat will take place on February 1, 2024, and the webcast will be available for replay. Management will also participate in virtual one-on-one meetings throughout the event.
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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) has received the 'Safe to Proceed' letter from the FDA for its Phase II study of Ropidoxuridine as a radiation sensitizing agent for glioblastoma. The company is finalizing site enrollment and expects the 'first patient, first dose' in the coming months. Ropidoxuridine is the company's lead candidate for use in combination with radiation therapy to treat glioblastoma, a deadly brain malignancy with no known cure.
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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) has submitted an Investigational New Drug (IND) application with the U.S. FDA for Ropidoxuridine, its lead radiation sensitizer candidate for treating brain tumors. The company aims to increase cancer cure rates, prolong patient survival, and improve quality of life.
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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) announced that its CEO, Dr. Anatoly Dritschilo, will participate in the Emerging Growth Conference on December 7, 2023. The company is focused on improving outcomes for cancer patients undergoing radiation therapy. Dr. Dritschilo will conduct a presentation and Q&A session during the conference, with a webcast link available on the company's website. One-on-one investor meetings will also be hosted after the conference.
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Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) provided a corporate update on its recent achievements, including positive feedback from the FDA on its Ropidoxuridine clinical trial design, an exclusive IP licensing agreement with Georgetown University for a predictive biomarker program, and progress in its HDAC inhibitor platform. The company also reported on its Q3 2023 operating expenses and cash balance.
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Shuttle Pharmaceuticals Holdings, Inc. has entered into an exclusive agreement to license intellectual property from Georgetown University for its predictive biomarker program for prostate cancer. The intellectual property consists of patent applications titled 'Predictive Biomarkers for Adverse Effects of Radiation Therapy.' Shuttle Pharma aims to develop a predictive diagnostic test for prostate cancer patients considering radiation therapy to assess treatment success or failure. The company believes this test would be cost-effective and provide clinicians and patients with a better understanding of the benefits and risks of radiation therapy.
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Shuttle Pharmaceuticals Holdings to present at Lytham Partners Fall 2023 Investor Conference
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FAQ

What is the current stock price of Shuttle Pharmaceuticals Holdings (SHPH)?

The current stock price of Shuttle Pharmaceuticals Holdings (SHPH) is $0.6401 as of December 20, 2024.

What is the market cap of Shuttle Pharmaceuticals Holdings (SHPH)?

The market cap of Shuttle Pharmaceuticals Holdings (SHPH) is approximately 2.3M.

What does Shuttle Pharmaceuticals Holdings, Inc. specialize in?

Shuttle Pharmaceuticals specializes in developing innovative cancer therapies, particularly radiation sensitizers, to improve the outcomes of radiation therapy.

What is Ropidoxuridine?

Ropidoxuridine (IPdR) is Shuttle Pharma's lead radiation sensitizer candidate designed to be used in combination with radiation therapy to treat glioblastoma.

What is the significance of the FDA's 'Safe to Proceed' letter for Shuttle Pharmaceuticals?

The FDA's 'Safe to Proceed' letter allows Shuttle Pharmaceuticals to commence its Phase II clinical trial for Ropidoxuridine, marking a critical step in its development.

How is Shuttle Pharmaceuticals advancing prostate cancer treatment?

Shuttle Pharmaceuticals is developing predictive diagnostic blood tests for prostate cancer to inform treatment decisions and improve patient outcomes.

What types of cancer therapies is Shuttle Pharma developing?

Shuttle Pharma is developing radiation sensitizers, predictive biomarkers, and HDAC inhibitors to enhance cancer treatment effectiveness and patient quality of life.

What collaboration does Shuttle Pharma have with Georgetown University?

Shuttle Pharma collaborates with Georgetown University, licensing intellectual property to advance its predictive biomarker program for prostate cancer.

What are the financial strategies of Shuttle Pharmaceuticals?

Shuttle Pharmaceuticals raises capital through initiatives like Rights Offerings to fund its research and development programs, including clinical trials and diagnostic advancements.

What is the company's mission?

Shuttle Pharmaceuticals' mission is to improve cancer patients' lives by developing therapies that maximize the effectiveness of radiation therapy while minimizing side effects.

What other cancers besides glioblastoma is Shuttle Pharma targeting?

Shuttle Pharma is also targeting prostate cancer through its predictive biomarker program and diagnostic test development.

How does Shuttle Pharma contribute to the field of cancer research?

Shuttle Pharma contributes by developing novel therapies, collaborating with academic institutions, and leveraging grant funding to advance cancer treatment research.

Shuttle Pharmaceuticals Holdings, Inc.

Nasdaq:SHPH

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2.32M
2.74M
27.82%
1.81%
21.03%
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