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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.

Shattuck Labs, Inc. (NASDAQ: STTK) is a clinical-stage biotechnology company at the forefront of developing innovative bi-functional fusion proteins. These unique proteins represent a new class of biologic medicine aimed at treating patients with cancer and autoimmune diseases. Shattuck's proprietary Agonist Redirected Checkpoint (ARC®) platform is designed to inhibit checkpoint molecules and activate costimulatory molecules with a single therapeutic, a groundbreaking approach in the biotechnology field.

The company's lead product candidate, SL-172154 (SIRPα-Fc-CD40L), is engineered to block the CD47 immune checkpoint and activate the CD40 pathway simultaneously. Currently, SL-172154 is in multiple Phase 1 clinical trials targeting various cancers, including platinum-resistant ovarian cancer and acute myeloid leukemia (AML). Another promising candidate, SL-279252 (PD1-Fc-OX40L), is being developed in collaboration with Takeda Pharmaceuticals and is also in Phase 1 trials.

Shattuck Labs recently embarked on an exciting collaboration with Ono Pharmaceutical to develop bifunctional fusion proteins for autoimmune and inflammatory diseases. This partnership includes a significant financial package with potential milestone payments and royalties, reinforcing Shattuck's strong financial condition and innovative capabilities. Additionally, the company's proprietary gamma delta T cell engager platform, GADLEN™, promises to bridge gamma delta T cells to tumor antigens, offering new hope for cancer treatment.

Recent achievements include rapid enrollment in clinical trials and the FDA's orphan drug designation for SL-172154, highlighting the urgent need for new AML treatments. Shattuck is also actively participating in several high-profile conferences, sharing their latest research and clinical progress. The company is headquartered in Austin, Texas, and Durham, North Carolina, and continues to leverage its scientific expertise to address unmet medical needs.

  • Core Business: Development of bi-functional fusion proteins for cancer and autoimmune diseases.
  • Recent Achievements: FDA orphan drug designation for SL-172154, collaboration with Ono Pharmaceutical.
  • Current Projects: Phase 1 trials for SL-172154 and SL-279252, development of GADLEN™ platform.
  • Financial Condition: Strong financial backing with potential milestone payments from partnerships.
  • Partnerships: Collaborations with Ono Pharmaceutical and Takeda Pharmaceuticals.
Rhea-AI Summary
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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Shattuck Labs, Inc. (STTK) to participate in the 6th Annual Evercore ISI HealthCONx Conference on November 29, 2023, featuring a fireside chat with Dr. Taylor Schreiber, the company's CEO. The presentation will focus on the development of bi-functional fusion proteins for cancer and autoimmune disease treatment. A live webcast and replay will be available on the company's website.
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Shattuck Labs, Inc. (STTK) reports positive interim data from Phase 1B clinical trials of SL-172154 in treating ovarian cancer and acute myeloid leukemia. The company also provided financial results for Q3 2023, showing cash and cash equivalents of $101.1 million.
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Shattuck Labs, a clinical-stage biotechnology company, will report its third-quarter 2023 financial results and provide a general business overview on November 9, 2023. The earnings call will feature CEO Taylor Schreiber, CFO Andrew Neill, and CMO Lini Pandite. Interested participants can join the webcast or dial in using the provided details. A replay of the webcast will be available on the company's website.
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Shattuck Labs, Inc. announced topline data from the Phase 1 A/B clinical trial of SL-172154 in patients with AML and HR-MDS. The data showed anti-leukemic activity and a tolerable safety profile for SL-172154 as monotherapy and in combination with azacitidine. Response rates were observed in heavily pretreated patients, and early efficacy signals were seen in previously untreated patients with TP53 mutant HR-MDS. The abstract and additional details can be accessed on the ASH Congress portal.
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Shattuck Labs, Inc. presented data from Phase 1A clinical trial of SL-172154 in ovarian cancer. Enrollment progressing in Phase 1B trials in AML and PROC. Financial results show cash and investments of $117.2 million as of June 30, 2023.
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Shattuck Labs, Inc. (NASDAQ: STTK), a clinical-stage biotech firm, announced its participation in the 22nd Annual Needham Virtual Healthcare Conference from April 17-20, 2023. The fireside chat will be held on April 19, 2023, featuring CEO Taylor Schreiber and CFO Andrew Neill, from 2:15 to 2:55 p.m. ET. The discussion will be available via live webcast and archived for 90 days. Shattuck is focused on developing bi-functional fusion proteins for treating cancer and autoimmune diseases, leveraging its proprietary ARC® platform and the SL-172154 program, currently in multiple Phase 1 trials.

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FAQ

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

The current stock price of Shattuck Labs (STTK) is $1.235 as of November 15, 2024.

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

The market cap of Shattuck Labs (STTK) is approximately 60.6M.

What is Shattuck Labs, Inc.'s core business?

Shattuck Labs focuses on developing bi-functional fusion proteins for cancer and autoimmune diseases.

What are the main product candidates of Shattuck Labs?

The main candidates are SL-172154 and SL-279252, both currently in Phase 1 clinical trials.

What is the ARC® platform?

The ARC® platform is Shattuck's proprietary technology designed to inhibit checkpoint molecules and activate costimulatory molecules within a single therapeutic.

Who are Shattuck Labs' key partners?

Shattuck Labs has collaborations with Ono Pharmaceutical and Takeda Pharmaceuticals.

Where is Shattuck Labs headquartered?

Shattuck Labs is headquartered in Austin, Texas, and Durham, North Carolina.

What is SL-172154?

SL-172154 is an investigational ARC® fusion protein designed to block the CD47 immune checkpoint and activate the CD40 pathway for cancer treatment.

What recent achievements has Shattuck Labs made?

Recent achievements include the FDA orphan drug designation for SL-172154 and a collaboration with Ono Pharmaceutical.

What is the GADLEN™ platform?

The GADLEN™ platform is designed to bridge gamma delta T cells to tumor antigens, offering new treatment options for cancer.

What financial condition is Shattuck Labs in?

Shattuck Labs has a strong financial condition with potential milestone payments from partnerships.

What are some upcoming events for Shattuck Labs?

Shattuck Labs will participate in several high-profile conferences to share their latest research and clinical progress.

Shattuck Labs, Inc.

Nasdaq:STTK

STTK Rankings

STTK Stock Data

60.61M
47.73M
13.41%
74.21%
4.56%
Biotechnology
Pharmaceutical Preparations
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United States of America
AUSTIN