STOCK TITAN

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.

Rhea-AI Summary

Surrozen (Nasdaq: SRZN) announced promising preclinical data for its novel SZN-413, which targets retinal vascular diseases like diabetic retinopathy. Presented at the ARVO Annual Meeting, the data shows SZN-413 significantly reduced pathological neovascular tuft formation and avascular area in mouse models. Additionally, it demonstrated an ~80% reduction in retinal vascular leakage in rabbit models. This progress suggests a new therapeutic strategy in addressing retinal issues caused by diabetes, highlighting the potential of Wnt signaling in regenerative therapies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
-
Rhea-AI Summary

Surrozen, Inc. (Nasdaq: SRZN) is advancing its lead therapeutic candidates, SZN-1326 and SZN-043, aimed at treating moderate to severe ulcerative colitis and severe alcoholic hepatitis, respectively. The company expects to initiate Phase 1 clinical trials in healthy volunteers by Q3 2022. SZN-1326 has shown promise in preclinical models for intestinal regeneration, while SZN-043 targets liver function improvement. Additionally, Surrozen continues to broaden its therapeutic pipeline with new candidates targeting vascular-associated retinopathies and potential therapies for dry eye and lung diseases.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.03%
Tags
-
Rhea-AI Summary

Surrozen (Nasdaq: SRZN) has announced the initiation of Phase 1 clinical trials for its lead candidates, SZN-1326 and SZN-043, expected in Q3 2022. The company is also accelerating its research pipeline, including the nomination of SZN-413 for treating retinopathies. SZN-1326 aims to treat moderate to severe ulcerative colitis, while SZN-043 targets severe alcoholic hepatitis. Surrozen's proprietary technologies focus on Wnt pathway modulation for tissue repair, advancing into new therapeutic areas such as ophthalmology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
Rhea-AI Summary

Surrozen, Inc. (Nasdaq: SRZN) announced plans to present a business update on January 13, 2022, at 9 a.m. ET during the 40th J.P. Morgan Healthcare Conference. The virtual presentation will cover advancements in its pipeline, focusing on drug candidates targeting the Wnt pathway for tissue repair and regeneration. Surrozen is developing specific antibodies for various conditions, including inflammatory bowel disease and neurological disorders. The presentation will be accessible via the Company's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
Tags
conferences
-
Rhea-AI Summary

Surrozen, Inc. (Nasdaq: SRZN) reported its Q3 2021 financial results, marking a pivotal year as the company began trading publicly. Key highlights include plans for Phase 1 clinical trials for SZN-1326 and SZN-043 in 2022, targeting ulcerative colitis and alcoholic hepatitis. Surrozen's cash position improved to $135.4 million, while research and development expenses rose to $10.4 million for Q3 2021 due to increased external costs. Despite this, the company reported a net loss of $14.0 million for the quarter, compared to $8.6 million in Q3 2020.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
-
Rhea-AI Summary

Surrozen (Nasdaq: SRZN) has presented encouraging data from its liver disease program at The Liver Meeting 2021. The preclinical studies of SZN-043 demonstrated improved liver metabolic function in mice, with promising non-invasive serum markers for Wnt pathway activation and liver regeneration. Highlights include serum alkaline phosphatase increases, indicating target engagement, and an early increase in circulating angiogenin as a potential biomarker for liver regeneration. These findings support Surrozen's progress towards Phase 1 clinical trials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
Rhea-AI Summary

Surrozen, a biotechnology firm listed on NASDAQ under the ticker SRZN, announced that CEO Craig Parker will speak at the Piper Sandler 33rd Annual Virtual Healthcare Conference on November 22 at 10:00 a.m. ET. The event will be accessible via a live webcast on the Surrozen website, with an archived replay available later.

Surrozen focuses on developing drug candidates that selectively modulate the Wnt pathway, which is crucial for organ development and regeneration. Their proprietary technology aims to address various degenerative diseases and tissue injuries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
conferences
-
Rhea-AI Summary

Surrozen, a biotechnology company focused on Wnt pathway modulation, announced that CEO Craig Parker will present at the Stifel 2021 Virtual Healthcare Conference on November 16 at 4:40 p.m. ET. Interested individuals can access the live webcast through the Investors section of Surrozen's website, where a replay will also be available. The company is engaged in developing tissue-specific antibodies aimed at enhancing biological repair mechanisms, targeting diseases like inflammatory bowel disease, hepatitis, and certain neurological disorders. For more details, visit surrozen.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
conferences
-
Rhea-AI Summary

Surrozen, Inc. (SRZN) announced encouraging preclinical data supporting the advancement of SZN-1326 for treating inflammatory bowel disease (IBD). Presented during the 2021 United European Gastroenterology Week, the results show significant colonic mucosal healing and epithelial regeneration in various models. SZN-1326 outperformed traditional treatments, indicating its potential as a transformative therapy for conditions like Crohn's disease and ulcerative colitis. The findings emphasize the importance of Wnt signaling in tissue repair. Further studies are planned to explore SZN-1326 in human clinical trials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
Rhea-AI Summary

Surrozen Inc. (Nasdaq: SRZN) announced the appointment of Elizabeth "Liz" Nguyen as Vice President and Head of Human Resources on September 23, 2021. With over 20 years of HR experience in the biotechnology industry, Nguyen previously held leadership roles at MyoKardia and InterMune. Her expertise is anticipated to enhance Surrozen's organizational development as the company advances its lead programs and broad research pipeline. Craig Parker, CEO, emphasized the timing of her arrival during the company's growth phase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.07%
Tags
management

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)
Link
United States of America
SOUTH SAN FRANCISCO