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Taysha Gene Therapies, Inc. - TSHA STOCK NEWS

Welcome to our dedicated page for Taysha Gene Therapies news (Ticker: TSHA), a resource for investors and traders seeking the latest updates and insights on Taysha Gene Therapies stock.

Taysha Gene Therapies, Inc. (Nasdaq: TSHA) is a pioneering clinical-stage biotechnology company headquartered in Dallas, Texas. Founded in 2019, Taysha is dedicated to developing and commercializing transformative gene therapies using adeno-associated viruses (AAV) to treat severe monogenic diseases of the central nervous system (CNS).

Taysha focuses on eradicating monogenic CNS diseases, addressing severe unmet medical needs, and dramatically improving the lives of patients and their caregivers. With a robust pipeline, including leading clinical program TSHA-102, the company aims to develop curative medicines. TSHA-102, currently in clinical evaluation for Rett syndrome, employs miRNA-Responsive Auto-Regulatory Element (miRARE) technology to deliver a functional MECP2 gene, aiming to mediate MECP2 levels in the CNS without the risk of overexpression.

Rett syndrome is a rare neurodevelopmental disorder caused by mutations in the MECP2 gene, leading to severe intellectual disabilities and various neurological impairments. TSHA-102 has received multiple designations, including Fast Track, Orphan Drug, and Rare Pediatric Disease from the FDA, and Orphan Drug designation from the European Commission, underscoring its potential to address significant medical needs.

Taysha has also made strategic advances with its partnerships, particularly with the University of Texas Southwestern Medical Center. This collaboration focuses on developing and commercializing AAV-based gene therapies, leveraging Taysha's integrated platform and the university's Gene Therapy Program.

Recently, Taysha achieved numerous milestones, including significant updates to the TSHA-102 program. The Independent Data Monitoring Committee (IDMC) approved dose escalation in the REVEAL Phase 1/2 trials, indicating promising initial safety and efficacy data. Taysha also expanded these trials into the United States, enhancing their ability to evaluate TSHA-102 across broader patient demographics.

Furthermore, Taysha terminated an existing loan agreement and entered a new one to facilitate the transfer of intellectual property (IP) for several programs to third parties. This strategic move extended their cash runway into 2026, demonstrating financial prudence and long-term planning.

The company is actively progressing clinical trials for TSHA-102, including both adolescent/adult and pediatric cohorts, which are crucial for regulatory and clinical development. Taysha's focus on innovative gene therapy solutions, combined with a patient-centric approach, positions it as a significant player in the biotech landscape.

For continuous updates and detailed information, visit the company’s website at www.tayshagtx.com.

Rhea-AI Summary

Taysha Gene Therapies has received Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. FDA for TSHA-102 in Rett syndrome. This designation allows for increased dialogue with the FDA to support expedited development and review of the therapy. The RMAT designation was granted based on the safety and efficacy data from the first three patients dosed with TSHA-102 in clinical trials.

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Taysha Gene Therapies, Inc. granted three new employees options to purchase 140,000 shares of common stock at $2.84 per share under the 2023 Inducement Plan. The options have a 10-year term, vesting over four years, with 25% on the first anniversary and the remaining 75% over the following 36 months.
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Taysha Gene Therapies, Inc. reports positive clinical data from the REVEAL Phase 1/2 trial of TSHA-102 for Rett syndrome, showcasing sustained improvements in patients with no serious adverse events. The company also provided financial results for 2023 and future milestones.
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Taysha Gene Therapies, Inc. (Nasdaq: TSHA) will report its financial results for the full-year ended December 31, 2023. The company focuses on developing AAV-based gene therapies for severe monogenic diseases of the CNS. A corporate update conference call is scheduled for March 19, 2024, at 4:30 PM Eastern Time.
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Taysha Gene Therapies, Inc. granted four new employees options to purchase 347,000 shares of the Company's common stock under the 2023 Inducement Plan. The options have an exercise price of $3.23 per share and will vest over four years.
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Taysha Gene Therapies, Inc. announces advancement in REVEAL adolescent and adult trial for Rett syndrome treatment. The high dose cohort will proceed following IDMC approval. Expansion into the U.S. and dosing updates expected in 2024.
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Taysha Gene Therapies, Inc. provides an update on its deprioritized pipeline programs, including transferring rights and materials to third parties for continued development. The company terminated an existing loan agreement, extended its cash runway, and made progress on various programs. Taysha aims to advance important development work for several deprioritized programs while focusing on its lead program for Rett syndrome.
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Taysha Gene Therapies, Inc. granted two new employees options to purchase 180,000 shares of the Company's common stock. The stock options were granted under the 2023 Inducement Plan and have an exercise price of $1.56 per share. The options will vest over four years, subject to continued service to Taysha.
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Taysha Gene Therapies, Inc. (Nasdaq: TSHA) will present clinical data on its TSHA-102 program for Rett syndrome at the British Paediatric Neurology Association (BPNA) 2024 Annual Conference. The presentation will include previously disclosed clinical data from the first two adult patients with stage four Rett syndrome dosed with TSHA-102 in the REVEAL Phase 1/2 adolescent and adult trial in Canada. The Company expects to provide further updates on available clinical data from cohort one (low dose) in the REVEAL trial in the first quarter of 2024.
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Taysha Gene Therapies, a clinical-stage gene therapy company (Nasdaq: TSHA), broadens the clinical evaluation of TSHA-102 to female patients 5-8 years old with stage three Rett syndrome in the U.S. and U.K. The initial safety and efficacy data for the REVEAL pediatric trial is expected in mid-2024. TSHA-102 is a self-complementary intrathecally delivered AAV9 investigational gene transfer therapy that utilizes a novel miRNA-Responsive Auto-Regulatory Element (miRARE) technology designed to mediate levels of MECP2 in the CNS on a cell-by-cell basis without risk of overexpression.
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FAQ

What is the current stock price of Taysha Gene Therapies (TSHA)?

The current stock price of Taysha Gene Therapies (TSHA) is $1.85 as of December 20, 2024.

What is the market cap of Taysha Gene Therapies (TSHA)?

The market cap of Taysha Gene Therapies (TSHA) is approximately 379.1M.

What does Taysha Gene Therapies, Inc. specialize in?

Taysha Gene Therapies specializes in developing and commercializing adeno-associated virus (AAV)-based gene therapies for severe monogenic diseases of the central nervous system (CNS).

What is TSHA-102?

TSHA-102 is Taysha's lead clinical program, an AAV9 gene transfer therapy designed to treat Rett syndrome by delivering a functional form of the MECP2 gene.

What recent achievements has Taysha Gene Therapies accomplished?

Taysha recently received RMAT designation for TSHA-102 and IDMC approval for dose escalation in clinical trials. They also extended their cash runway into 2026 with a new loan agreement.

What are the main focuses of Taysha's clinical trials?

Taysha's clinical trials focus on evaluating the safety and efficacy of TSHA-102 in treating Rett syndrome across different age groups, including both adolescent/adult and pediatric cohorts.

What designations has TSHA-102 received from regulatory bodies?

TSHA-102 has received Fast Track, Orphan Drug, and Rare Pediatric Disease designations from the FDA, and Orphan Drug designation from the European Commission.

What strategic partnerships does Taysha Gene Therapies have?

Taysha has a strategic partnership with the University of Texas Southwestern Medical Center to develop and commercialize transformative gene therapy treatments.

How is Taysha addressing financial stability?

Taysha entered a new loan agreement, facilitating IP transfers for deprioritized programs and extending their cash runway into 2026.

What is the significance of the miRARE technology used in TSHA-102?

The miRARE technology in TSHA-102 helps mediate MECP2 levels in the CNS on a cell-by-cell basis, reducing the risk of overexpression.

Where can I find more information about Taysha Gene Therapies?

More information is available on Taysha's official website at www.tayshagtx.com.

Who can I contact for investor relations at Taysha Gene Therapies?

For investor relations inquiries, you can contact Hayleigh Collins, Director, Head of Corporate Communications and Investor Relations, at hcollins@tayshagtx.com.

Taysha Gene Therapies, Inc.

Nasdaq:TSHA

TSHA Rankings

TSHA Stock Data

379.15M
168.95M
17.54%
77.2%
7.69%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
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