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Surrozen, Inc. Common - SRZN STOCK NEWS

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

Surrozen, Inc. (Nasdaq: SRZN) is a clinical-stage biotechnology firm based in South San Francisco, focused on pioneering regenerative medicine. The company leverages its proprietary technologies to selectively activate the Wnt signaling pathway, a crucial mediator of tissue repair and regeneration. Founded by esteemed scientists from Stanford University, Surrozen aims to unlock the body's self-renewal capabilities through innovative therapeutic approaches.

The company's product pipeline includes several promising candidates:

  • SZN-043: Surrozen's lead candidate, SZN-043, uses the company's SWEETS™ technology to treat severe liver diseases, specifically alcohol-associated hepatitis. Following a successful Phase 1a trial that demonstrated safety and target engagement, the company has initiated a Phase 1b clinical trial, with proof-of-concept data anticipated by mid-2025.
  • SZN-413: Developed for retinal vascular-associated diseases, SZN-413 leverages Surrozen's SWAP™ technology. Preclinical models have shown that SZN-413 can stimulate Wnt signaling in the eye, potentially inducing normal retinal vessel regrowth. The company has partnered with Boehringer Ingelheim for further research and development, with milestone payments potentially reaching $587.0 million.

Surrozen's strategic direction also includes a strong focus on severe eye diseases and potential applications in other tissues such as the lung and kidney. The company recently published data indicating the potential of Wnt mimetic technologies to treat idiopathic pulmonary fibrosis.

With $43.4 million in cash, cash equivalents, and marketable securities as of September 2023, Surrozen is well-positioned financially to continue its innovative research and clinical trials. The company emphasizes transparency and forward-looking statements, promising continued updates as they advance their clinical programs.

For more details about career opportunities and their latest news, please visit Surrozen's official website.

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Surrozen, Inc. (Nasdaq: SRZN) reported Q3 2022 financial results, with cash reserves at $78.4 million, down from $92.7 million in Q2 2022. The net loss narrowed to $13.4 million from $14.0 million a year prior. Enrollment in the SZN-1326 Phase 1 trial was paused due to adverse liver events, while SZN-043 is ongoing with mild liver transaminase elevations observed. Surrozen partnered with Boehringer Ingelheim for SZN-413, receiving a $12.5 million upfront payment and potential future milestones of $586.5 million. Research expenses decreased to $8.6 million, while general administrative expenses rose to $5.0 million.

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Surrozen, Inc. (Nasdaq: SRZN) presented preclinical data at the United European Gastroenterology Week that supports its drug candidates SZN-1326 and SZN-043 for treating ulcerative colitis and severe liver diseases, respectively. SZN-043 showed rapid hepatocyte proliferation and safety in non-clinical studies, while SZN-1326 improved epithelial healing and reduced collagen deposition. Both candidates exhibited no adverse effects in toxicology studies. The Phase 1 clinical trials for both candidates are ongoing, initiated in May and June 2022.

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Surrozen has announced a significant collaboration with Boehringer Ingelheim to develop SZN-413, a bi-specific antibody aimed at treating retinal diseases. This agreement marks Surrozen's first strategic partnership and includes an upfront payment of $12.5 million, plus potential milestone payments of up to $586.5 million. SZN-413 utilizes Surrozen's SWAP™ technology to target Fzd4-mediated Wnt signaling, promoting retinal vessel regrowth and reducing vascular leakage. Boehringer will take on research and commercialization responsibilities following an initial joint research period.

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Surrozen (Nasdaq: SRZN) announced promising results from recent studies published in Translational Vision Science and Technology. The research highlighted SZN-413, a bi-specific antibody targeting FZD4 and LRP5, as a potential novel treatment for diabetic retinopathy, a major cause of vision loss. SZN-413 was shown to effectively reduce retinal vascular leakage by approximately 80% and significantly diminished areas of pathologic neovascularization. This mechanism may address both retinal non-perfusion and leakage, indicating a potential breakthrough for retinal vascular diseases.

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Surrozen, Inc. (SRZN) reported Q2 2022 financial results and provided a corporate update, marking its transition to a clinical stage company. The company has initiated Phase 1 trials for lead candidates SZN-1326, targeting moderate to severe ulcerative colitis, and SZN-043, aimed at severe alcoholic hepatitis. Both candidates have shown promising preclinical results without adverse effects. Additionally, preclinical data on SZN-413 for diabetic retinopathy was presented. The company emphasized ongoing advancements in its Wnt modulation therapies for tissue repair.

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Surrozen, Inc. (Nasdaq: SRZN) has initiated a two-part Phase 1 clinical trial for SZN-043, a novel bispecific protein targeting ASGR1, aimed at treating severe alcoholic hepatitis. The trial's first part involves administering single doses to healthy volunteers, with doses ranging from 3 mg to 30 mg. The second part will assess multiple doses in patients with liver cirrhosis. The primary endpoint focuses on safety and tolerability. Preclinical studies indicate SZN-043 may enhance liver function and reduce fibrosis without adverse effects.

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Surrozen, Inc. (NASDAQ: SRZN) announced significant advancements in its lead therapeutic programs at Digestive Disease Week 2022. The company's clinical study of SZN-1326 is currently underway, targeting moderate to severe ulcerative colitis, while the SZN-043 study is expected to commence in Q3 2022 for severe alcoholic hepatitis. Presentations highlighted SZN-1326's mechanism in promoting colonic mucosal healing and SZN-043's role in enhancing hepatocyte proliferation. Both candidates showed promising results in preclinical models, demonstrating therapeutic potential without adverse effects.

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Surrozen (Nasdaq: SRZN) announced the dosing of the first subject in its three-part Phase 1 clinical trial for SZN-1326, aimed at treating moderate to severe ulcerative colitis. This milestone was achieved a quarter earlier than expected. The trial includes safety and pharmacokinetics evaluations with doses ranging from 25 mg to 1500 mg. SZN-1326, a bi-specific antibody targeting the Wnt pathway, demonstrated strong preclinical results, suggesting potential for tissue repair and anti-inflammatory effects without adverse effects observed in animal studies.

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Surrozen (Nasdaq: SRZN) published results indicating that its proprietary Wnt mimetic antibody, SZN-1326, demonstrated significant potential for treating inflammatory bowel disease (IBD). The study, published in Cellular and Molecular Gastroenterology and Hepatology, utilized a mouse model and showed that SZN-1326 effectively repaired injured colon epithelium while sparing healthy tissue. With no current therapies targeting epithelial repair, Surrozen is set to initiate Phase 1 clinical trials for SZN-1326 in Q3 2022, addressing a notable medical need in ulcerative colitis management.

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Surrozen, Inc. (Nasdaq: SRZN) announced financial results for Q1 2022 and provided an update on its clinical pipeline. The company is set to initiate Phase 1 clinical trials for its lead product candidates, SZN-1326 targeting moderate to severe ulcerative colitis and SZN-043 for severe alcoholic hepatitis, in Q3 2022. Both candidates demonstrated substantial efficacy in preclinical trials without adverse effects. Surrozen is also advancing SZN-413 for retinal vascular diseases, with promising preclinical data supporting its potential. The firm remains focused on transitioning to a clinical-stage organization.

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FAQ

What is the current stock price of Surrozen Common (SRZN)?

The current stock price of Surrozen Common (SRZN) is $13.035 as of November 1, 2024.

What is the market cap of Surrozen Common (SRZN)?

The market cap of Surrozen Common (SRZN) is approximately 43.1M.

What is Surrozen, Inc.?

Surrozen, Inc. is a clinical-stage biotechnology company focusing on developing regenerative medicines by targeting the Wnt signaling pathway to activate tissue repair and regeneration.

What is SZN-043?

SZN-043 is Surrozen's lead product candidate, developed using SWEETS™ technology to treat severe liver diseases like alcohol-associated hepatitis. It has shown promising results in Phase 1a trials and is currently undergoing Phase 1b trials.

Who are the founders of Surrozen?

Surrozen was founded by four scientists from Stanford University: K. Christopher Garcia, Ph.D.; Roel Nusse, Ph.D.; Calvin Kuo, M.D., Ph.D.; and Claudia Janda, Ph.D.

What is SZN-413?

SZN-413 is a product candidate developed for treating retinal vascular-associated diseases, using Surrozen's SWAP™ technology. It is currently in partnership with Boehringer Ingelheim for further development.

What is the Wnt signaling pathway?

The Wnt signaling pathway is crucial for the development, homeostasis, and regeneration of several essential organs and tissues. Surrozen's technologies aim to modulate this pathway for therapeutic benefits.

How is Surrozen positioned financially?

As of September 30, 2023, Surrozen had $43.4 million in cash, cash equivalents, and marketable securities, providing a financial runway into 2025.

What are the potential applications of Surrozen's technologies?

Surrozen's technologies have potential applications in treating severe liver and eye diseases, and exploratory research is being conducted for lung and kidney diseases.

What recent achievements has Surrozen announced?

Surrozen recently completed the Phase 1a trial for SZN-043, initiated a Phase 1b trial, and published promising preclinical data on using Wnt mimetics for idiopathic pulmonary fibrosis.

What should investors know about Surrozen's forward-looking statements?

Surrozen's forward-looking statements involve risks and uncertainties. They are based on current expectations and assumptions, which may change over time. The company aims to keep investors informed about its progress and developments.

How can one apply for a career at Surrozen?

Surrozen is always looking for creative scientists to join their team. Interested candidates can explore career opportunities on their website or submit their resume to careers@surrozen.com.

Surrozen, Inc. Common

Nasdaq:SRZN

SRZN Rankings

SRZN Stock Data

43.09M
3.21M
1.69%
76.93%
1.39%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
SOUTH SAN FRANCISCO