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Silence Therapeutics Plc American Depository Share - SLN STOCK NEWS

Welcome to our dedicated page for Silence Therapeutics Plc American Depository Share news (Ticker: SLN), a resource for investors and traders seeking the latest updates and insights on Silence Therapeutics Plc American Depository Share stock.

Silence Therapeutics Plc (symbol: SLN) is a pioneering biotechnology company dedicated to developing innovative therapies by leveraging the body's natural RNA interference (RNAi) mechanism. This cutting-edge technology allows the selective inhibition of any gene in the genome, effectively silencing the production of disease-causing proteins.

Silence Therapeutics utilizes proprietary delivery systems to target therapeutic RNA molecules directly to specific cells, enhancing the specificity and efficacy of the treatment. The company's proprietary RNA chemistries and delivery systems are designed to improve the stability of these molecules and ensure efficient delivery, making their technology well-suited for treating life-threatening diseases.

The company's product pipeline includes two promising therapies:

  • SLN360: This therapy is designed to temporarily block the message of a specific gene associated with increased cardiovascular risk. By silencing the LPA gene, SLN360 lowers the levels of lipoprotein(a) [Lp(a)], potentially reducing the risk of heart diseases, heart attacks, and strokes.
  • SLN124: Aimed at addressing anemia, SLN124 targets the TMPRSS6 gene to prevent the liver from producing a hormone that controls iron levels in the body, hepcidin. By increasing hepcidin levels, SLN124 reduces iron levels in the blood, thereby promoting the production of healthy red blood cells.

Silence Therapeutics is at the forefront of RNAi-based therapies, with ongoing projects and collaborations to advance their groundbreaking treatments. For the latest updates on the company's achievements and developments, visit www.silence-therapeutics.com.

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Silence Therapeutics plc (NASDAQ: SLN) will participate in a fireside chat at the H.C. Wainwright BioConnect Investor Conference on May 2 at 3:30 p.m. ET. This event highlights Silence's commitment to innovative biotechnology aimed at silencing diseases through precision-engineered medicines. The presentation will be available via a live webcast on the Company’s website, with an archived replay accessible afterward. Silence Therapeutics specializes in RNA interference to develop medicines targeting genetic expressions involved in disease pathologies. Notable product candidates include SLN360 for reducing cardiovascular risk and SLN124 for hematological disorders. The Company collaborates with leading pharmaceutical companies like AstraZeneca and Mallinckrodt Pharmaceuticals.

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Silence Therapeutics, a biotechnology company, announced the publication of preclinical data in the journal Blood linking iron regulation to polycythemia vera (PV) and supporting the therapeutic potential of SLN124. The authors, including researchers from WEHI, found variants of the iron-regulating gene HFE in a study of 440 PV cases versus over 400,000 controls. The findings suggest SLN124, an siRNA targeting TMPRSS6, may help control red blood cell production in PV by increasing hepcidin levels. Currently undergoing SANRECO phase 1/2 trials, SLN124 has rare pediatric disease, orphan drug, and FDA Fast Track designations for PV.

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Silence Therapeutics plc (NASDAQ: SLN) announces management's participation in a virtual fireside chat at Guggenheim’s Genomic Medicines and Rare Disease Days on April 4th, 2023, at 2:10 p.m. ET. A live webcast will be accessible through the Investors section of Silence's website, with an archived replay available post-conference. Silence Therapeutics focuses on developing innovative medicines using RNA interference (RNAi) to target disease-related genes. Notable products include SLN360 for cardiovascular risk and SLN124 for hematological diseases. Collaborations with AstraZeneca and others enhance Silence’s research capabilities.

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Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) has announced the appointment of Barbara A. Ruskin, Ph.D, J.D., to its Board of Directors, expanding the board to nine members. Dr. Ruskin, who has over 25 years of experience in life sciences and intellectual property law, previously served as Chief Intellectual Property and Innovation Officer at Silence Therapeutics (OTC: SLNCF). Her background includes advising pharmaceutical companies and managing patent portfolios for major biotech firms. The company is focused on developing non-addictive pain management products and is seeking FDA approval for its candidates.

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Silence Therapeutics announces the appointment of Dr. Steven Romano as the new Chief Medical Officer and Head of Research and Development, succeeding Dr. Giles Campion, set to retire by year-end 2023. Dr. Romano, a non-executive director since July 2019, boasts over 25 years of pharmaceutical experience, including leadership roles at Mallinckrodt and Pfizer. The transition aims for a seamless leadership change while continuing Silence's growth in RNA interference therapies. Silence has also recently reacquired two siRNA assets from Mallinckrodt, indicative of ongoing strategic developments.

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Silence Therapeutics plc announced its acquisition of exclusive worldwide rights to two siRNA drug targets previously under collaboration with Mallinckrodt Pharmaceuticals. No upfront payment is required, but future success-based milestones and low royalties on net sales are expected. This strategic move aims to enhance Silence's portfolio in complement-mediated diseases, showcasing confidence in the mRNAi GOLD™ platform. The ongoing collaboration with Mallinckrodt since July 2019 will retain rights to the SLN501 program. Silence continues to focus on developing treatments for significant unmet medical needs in cardiovascular and hematological areas.

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Silence Therapeutics plc (Nasdaq: SLN) reports its financial results for Q4 and full year 2022, highlighting a net loss of £40.5 million, up from £39.4 million in 2021. Revenue increased to £17.5 million from £12.4 million, attributed to advancing collaborations. R&D expenses rose to £35.6 million, reflecting enhanced clinical studies. Notably, the company is progressing with its clinical pipeline, including the SLN360 program for cardiovascular diseases and SLN124 for hematological conditions, with topline data expected in Q4 2023. As of December 31, 2022, liquidity stood at £71.1 million, sufficient to fund operations into Q1 2024.

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Silence Therapeutics plc (NASDAQ: SLN) will announce its fourth quarter and full year financial results for the period ending December 31, 2022, on March 15, 2023. The company specializes in developing precision medicines via its proprietary mRNAi GOLD™ platform, leveraging RNA interference technology to target specific genes related to diseases. A conference call is scheduled for 8:00 a.m. EDT / 12:00 p.m. GMT on the same day to discuss the results and provide a business update. The call will be accessible via webcast on the company's website.

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The report titled "Polycythemia Vera Market Insights, Epidemiology, and Market Forecast -2032" offers a comprehensive analysis of the Polycythemia Vera market. In 2022, the U.S. Polycythemia Vera market size was approximately USD 1,500 million and is projected to grow through 2032. The report highlights that PharmaEssentia's Besremi is the only first-line therapy approved, while Incyte's Jakafi is the sole second-line treatment. Additionally, competition may arise from Protagonist Therapeutics' Rusfertide and Imago Biosciences' Bomedemstat, expected to launch in late 2024 and 2026 respectively. The report also discusses emerging therapies with potential market impact, including Silence Therapeutics' SLN124.

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FAQ

What is the current stock price of Silence Therapeutics Plc American Depository Share (SLN)?

The current stock price of Silence Therapeutics Plc American Depository Share (SLN) is $7.68 as of November 21, 2024.

What is the market cap of Silence Therapeutics Plc American Depository Share (SLN)?

The market cap of Silence Therapeutics Plc American Depository Share (SLN) is approximately 349.9M.

What is Silence Therapeutics Plc?

Silence Therapeutics Plc is a biotechnology company focused on developing medicines using RNA interference technology to silence disease-causing genes.

What is RNA interference (RNAi)?

RNA interference (RNAi) is a natural biological process where RNA molecules inhibit gene expression, effectively silencing specific genes.

What is SLN360 therapy?

SLN360 is a therapy designed to lower the levels of lipoprotein(a) [Lp(a)] by silencing the LPA gene, potentially reducing cardiovascular risks.

What is SLN124 therapy?

SLN124 aims to reduce anemia by silencing the TMPRSS6 gene, increasing hepcidin levels to lower blood iron and promote healthy red blood cell production.

How does Silence Therapeutics target specific cells?

The company uses proprietary delivery systems to direct therapeutic RNA molecules specifically to target cells, enhancing treatment specificity and efficacy.

What diseases are Silence Therapeutics' therapies targeting?

Silence Therapeutics' therapies target cardiovascular diseases, anemia, and potentially other life-threatening conditions through gene silencing.

How does SLN360 reduce cardiovascular risks?

SLN360 silences the LPA gene, lowering levels of Lp(a), which is associated with reduced risks of heart diseases, heart attacks, and strokes.

What is the role of hepcidin in SLN124 therapy?

Hepcidin is a hormone that controls iron levels in the body. SLN124 increases hepcidin levels to reduce blood iron and promote red blood cell production.

Where can I find more information about Silence Therapeutics' projects?

For more details on the company's projects and developments, visit their official website at www.silence-therapeutics.com.

What makes Silence Therapeutics unique?

Silence Therapeutics stands out for its proprietary RNAi technology and delivery systems, allowing precise and effective gene silencing to treat serious diseases.

Silence Therapeutics Plc American Depository Share

Nasdaq:SLN

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SLN Stock Data

349.86M
37.75M
16.94%
62.77%
0.76%
Biotechnology
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