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Shattuck Labs, Inc. - STTK STOCK NEWS

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

Introduction

Shattuck Labs, Inc. is a clinical-stage biotechnology company that is pioneering the development of dual-action fusion proteins, a new class of biologic medicines. Utilizing their proprietary Agonist Redirected Checkpoint (ARC®) platform, the company is dedicated to designing bi-functional fusion proteins capable of simultaneously inhibiting immune checkpoints and activating costimulatory pathways. This approach is instrumental in reactivating anti-tumor immune responses and modulating autoimmune mechanisms, addressing significant unmet needs in oncology and autoimmune disorders.

Innovative Technology and Platform

The core of Shattuck Labs’ innovation lies in its proprietary ARC® platform, which enables the rational design of fusion proteins with a dual mechanism of action. By targeting key immune checkpoints such as CD47 and PD-1 while concurrently stimulating costimulatory receptors like CD40 and OX40, the company is able to enhance the efficacy of immune-mediated treatments without the need for multiple separate therapies. This strategic integration of inhibitory and agonistic functions within a single molecule sets the company apart in the competitive biotechnology landscape.

Product Pipeline and Clinical Programs

Shattuck Labs is actively advancing several clinical programs with its innovative fusion protein candidates:

  • SL-172154 (SIRPα-Fc-CD40L): Designed to block inhibitory checkpoints and stimulate immune activation, this candidate is undergoing early-phase clinical evaluation to address advanced cancer indications.
  • SL-279252 (PD1-Fc-OX40L): Developed in collaboration with a major pharmaceutical partner, this compound exemplifies the company’s commitment to designing fusion proteins that combine checkpoint inhibition with costimulatory activation.
  • Gamma Delta T Cell Engager Platform: Known as gadlen™, this innovative approach aims to bridge gamma delta T cells to tumor antigens, thereby enhancing the immune system’s ability to target and destroy cancer cells.

Throughout these programs, Shattuck Labs maintains a balanced focus on therapeutic innovation, clinical safety, and efficacy, which is thoroughly reflected in their robust preclinical data and ongoing Phase 1 clinical studies.

Market Position and Competitive Landscape

In the dynamic field of biotechnology, Shattuck Labs has carved out a unique niche by leveraging advanced protein engineering and novel therapeutic strategies. The company’s dual-action approach not only positions it as an innovator in the development of biologic medicines but also enables it to address complex diseases with limited treatment options. With clinical programs targeting both hematologic malignancies and autoimmune conditions, Shattuck Labs stands as a significant contributor in the realm of precision immunotherapy and therapeutic innovation.

Expertise, Experience, and Corporate Profile

With offices located in Austin, Texas and Durham, North Carolina, Shattuck Labs benefits from a strong foundation in regional biotech hubs known for their robust research and development ecosystems. The company’s leadership and scientific teams bring extensive expertise in protein engineering, immuno-oncology, and drug development. Their work not only reflects a deep understanding of molecular biology and immune regulation but also underscores a disciplined approach to clinical development that is critical for advancing novel therapeutics safely and effectively.

Understanding the Bi-Functional Fusion Protein Approach

At the heart of Shattuck Labs’ operations is the concept of a bi-functional fusion protein – a therapeutic designed to perform two critical functions within one molecule. This innovative approach allows for:

  • Simultaneous inactivation of inhibitory checkpoints that normally prevent an effective immune response.
  • Activation of costimulatory pathways that enhance the body's ability to combat cancer cells or manage autoimmune responses.

This dual mechanism is a testament to the company’s expertise in synthesizing complex biological data and leveraging cutting-edge protein design to create more potent therapies with a potentially improved safety profile.

Conclusion

Shattuck Labs, Inc. represents a forward-thinking force in the biotechnology industry. By integrating innovative dual-action fusion proteins with state-of-the-art research and a well-structured clinical development program, the company continues to bolster its position as an informed and experienced player in the field of biologic medicine. Investors and industry stakeholders will find that the company not only addresses pressing medical challenges but also exemplifies a commitment to scientific rigor and therapeutic innovation.

Rhea-AI Summary
Shattuck Labs, Inc. (STTK) appoints Dr. Clay Siegall and Dr. Kate Sasser to its Board of Directors. Both bring valuable industry experience to lead late-stage clinical development of SL-172154, a promising new therapy for cancer and autoimmune diseases.
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Shattuck Labs, Inc. announced positive topline data from ongoing clinical trials of SL-172154 in combination with azacitidine in frontline HR-MDS and TP53m AML patients. The company completed enrollment in Phase 1B dose-expansion cohorts and entered into a collaboration with Ono Pharmaceutical Co. The financial results for Q4 2023 showed $130.6 million in cash and cash equivalents, with reduced R&D and G&A expenses.
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Shattuck Labs, Inc. (STTK) announced participation in investor conferences to discuss the development of bi-functional fusion proteins for cancer and autoimmune disease treatment. Key conferences include TD Cowen 44th Annual Health Care Conference, Leerink Partners Global Biopharma Conference 2024, and Citi's Biotech C-Suite Fireside Chat Series.
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Ono Pharmaceutical Co., Ltd. announced a drug discovery collaboration and option agreement with Shattuck Labs, Inc. to develop bifunctional fusion proteins for autoimmune and inflammatory diseases. Shattuck will generate fusion proteins for targets using its technology, with Ono having the option to develop and commercialize resulting drug candidates worldwide. The agreement includes research funding, an upfront payment, milestones, and royalties up to $227 million. Pre-clinical studies showed promising immunoregulatory effects of the fusion proteins.
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Shattuck Labs, Inc. (STTK) collaborates with Ono Pharmaceutical Co., Ltd. to develop novel bifunctional fusion proteins for autoimmune and inflammatory diseases. The agreement includes significant financial incentives up to $227 million, showcasing the potential of this partnership in advancing biologic medicine.
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Shattuck Labs, Inc. (STTK) provided a corporate update, highlighting key milestones anticipated in 2024. The company delivered key safety and efficacy data in 2023 and strengthened financial resources. Preliminary results demonstrate initial anti-tumor activity and an acceptable safety profile for SL-172154, with opportunities in HR-MDS, AML, and ovarian cancer. Shattuck also announced a $50 million registered offering of common stock and concurrent private placement of pre-funded warrants. The company expects its cash and investments to be sufficient to fund operations into 2026.
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Shattuck Labs, Inc. (STTK) to present corporate update at 42nd Annual J.P. Morgan Healthcare Conference
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Shattuck Labs, Inc. (NASDAQ: STTK) announced the pricing of a registered offering of 4,651,163 shares of common stock at $6.45 per share, as well as a private placement of pre-funded warrants to purchase 3,100,823 shares of common stock at a purchase price of $6.4499 per pre-funded warrant, with expected gross proceeds of approximately $50 million.
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Shattuck Labs, Inc. (STTK) announced initial topline dose-expansion data from its ongoing Phase 1A/B clinical trial of SL-172154 in combination with AZA in frontline HR-MDS and TP53m AML patients, showing a 79% Objective Response Rate (ORR) in frontline HR-MDS patients, primarily with TP53 mutations, and a 27% initial CR with incomplete hematologic recovery (CRi) in frontline TP53m AML patients. SL-172154 demonstrated an acceptable safety and tolerability profile as a monotherapy and in combination with azacitidine. The company will host a conference call and webcast to discuss the results.
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FAQ

What is the current stock price of Shattuck Labs (STTK)?

The current stock price of Shattuck Labs (STTK) is $0.733 as of April 4, 2025.

What is the market cap of Shattuck Labs (STTK)?

The market cap of Shattuck Labs (STTK) is approximately 36.4M.

What is the core focus of Shattuck Labs, Inc.?

Shattuck Labs, Inc. is dedicated to the development of bi-functional fusion proteins as a new class of biologic medicine targeting cancer and autoimmune diseases. Its research is centered around a proprietary platform that integrates checkpoint inhibition and receptor activation.

How does the ARC® platform work?

The ARC® platform enables the creation of fusion proteins that simultaneously block inhibitory immune checkpoints and activate costimulatory receptors. This dual-action approach is designed to re-engage the immune system to combat disease more effectively.

Which therapeutic areas does Shattuck Labs target?

The company focuses on treating conditions with high unmet medical needs, notably cancers and autoimmune diseases. Its innovative candidates are in early-phase clinical trials addressing various oncology and immune-related disorders.

What distinguishes Shattuck Labs from other biotech companies?

Shattuck Labs stands out through its unique dual-action fusion protein approach and its proprietary protein engineering capabilities. This strategy allows for the integration of inhibitory and stimulatory functions into a single therapeutic molecule.

Can you elaborate on the company’s product pipeline?

Shattuck Labs’ pipeline includes candidates like SL-172154 and SL-279252, which are designed to modulate immune checkpoints and costimulatory receptors. Additionally, they are advancing innovative platforms such as their gamma delta T cell engager, which further underline their commitment to therapeutic innovation.

Does Shattuck Labs collaborate with other companies?

Yes, Shattuck Labs has established collaborations with major pharmaceutical partners to co-develop innovative therapies. These partnerships help enhance their clinical development strategies and broaden the scope of their therapeutic offerings.
Shattuck Labs, Inc.

Nasdaq:STTK

STTK Rankings

STTK Stock Data

36.40M
41.01M
14.3%
65.38%
3.54%
Biotechnology
Pharmaceutical Preparations
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United States
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