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Vor Biopharma Inc. - VOR STOCK NEWS

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

Vor Biopharma Inc., trading under the ticker symbol VOR, is at the forefront of cell and genome engineering, specifically focusing on hematopoietic stem cells (HSCs). Headquartered in Cambridge, Massachusetts, Vor Bio aims to revolutionize the treatment of hematological cancers, particularly acute myeloid leukemia (AML). The company’s pioneering platform involves engineering hematopoietic stem cells (eHSCs) to generate healthy and functional cells with beneficial modifications. These modifications protect the blood and bone marrow from the adverse effects of antigen-targeted therapies while leaving cancer cells vulnerable.

Key Products and Innovations:

  • VOR33 (Trem-cel) - Vor Bio’s lead program, a CRISPR/Cas9 genome-edited allogeneic HSC transplant that lacks the CD33 protein. This product is designed to replace standard transplants for AML patients and potentially other blood cancers.
  • VCAR33ALLO - A CD33-directed CAR-T cell therapy derived from healthy transplant donor cells. This approach aims to provide more potent and durable responses in the post-transplant setting without on-target toxicity.

Recent Achievements and Collaborations:

  • Secured a non-exclusive worldwide license from Editas Medicine for ex-vivo Cas9 gene-edited HSC therapies.
  • Partnership with Janssen for the preclinical development of CD33-deleted allografts and their synergistic effects with Janssen's CD33-targeted immunotherapy candidate.

Clinical Trials and Research:

  • VBP101 Clinical Trial - Ongoing Phase 1/2a study of trem-cel in AML patients, showing promising engraftment results and hematologic protection.
  • VCAR33ALLO Clinical Trial (VBP301) - A Phase 1/2 study involving CAR-T cell therapy derived from healthy transplant donors, showing initial successful dosing and manufacturing capabilities.

Financial Updates: In its latest quarterly report, Vor Bio announced positive financial outcomes, including an extended cash runway into the second half of 2025. The company is focused on executing its clinical trials and expanding its platform to include additional innovative therapies.

Future Outlook: Vor Bio is set to present at major scientific conferences, including the American Society of Hematology (ASH) Annual Meeting, where it will share significant preclinical and clinical data. The company is also looking forward to additional data releases from its clinical trials by year-end, which could further validate their treatment system for AML.

For more updates, visit www.vorbio.com.

Rhea-AI Summary

Vor Bio has opened a new in-house clinical manufacturing facility in Cambridge, MA, to enhance the production of engineered hematopoietic stem cells (eHSCs) and CAR-T therapies targeting blood cancers. This facility aims to improve integration across teams, reduce manufacturing time and cost, and boost operational efficiency for ongoing clinical trials. The facility includes four cleanrooms and is designed to comply with Good Manufacturing Practice (cGMP) standards. The company plans to support the IND submission for VCAR33 by mid-2023.

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Vor Bio (Nasdaq: VOR), a clinical-stage cell and genome engineering company, announced its participation in several investor conferences in September 2022.

The events include:

  • Morgan Stanley 20th Annual Global Healthcare Conference: September 12, 2022, at 4:50 pm ET in New York, NY
  • H.C. Wainwright 24th Annual Global Investment Conference: September 14, 2022, at 8:30 am ET in New York, NY
  • Baird’s 2022 Global Healthcare Conference: September 14, 2022, at 10:50 am ET in New York, NY
  • Jefferies Cell and Genetic Medicine Summit: September 30, 2022, in New York, NY

A live webcast of the Morgan Stanley chat will be available on vorbio.com.

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Vor Bio (Nasdaq: VOR) announced its Q2 2022 financial results, reporting a net loss of $21.7 million, up from $18.4 million in Q2 2021. Cash reserves of $151.1 million will support operations into Q1 2024. The company is on track to share initial clinical data for its lead candidate VOR33 in Q4 2022, which aims to provide a treatment for acute myeloid leukemia (AML). The operational in-house manufacturing facility in Cambridge, MA is also expected to begin operations in Q4 2022, enhancing production capabilities for future therapies.

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Vor Bio (Nasdaq: VOR) will participate in two upcoming investor conferences in August 2022. The first is the BTIG Biotechnology Conference 2022 where a pre-recorded fireside chat will be available starting August 8 at 9:00 AM ET. The second event is the 2022 Wedbush PacGrow Healthcare Conference, featuring a panel discussion titled A View to a Kill(er Cell) - Part 1 on August 10 at 1:10 PM ET. Live webcasts and archived replays will be accessible on their investor website, showcasing Vor Bio's commitment to advancing treatments for blood cancers.

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Vor Bio (Nasdaq: VOR) announced a breakthrough in gene editing with the successful dual editing of CD33 and CLL-1 in human hematopoietic stem cells, targeting acute myeloid leukemia (AML). This pre-clinical data, presented at the European Hematology Association Congress, shows long-term persistence of modified cells with minimal translocation risk. The study indicates that the edited cells maintain function and offer protection against targeted immunotherapy, potentially increasing the efficacy of treatments for AML, which has low survival rates post-transplant.

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Vor Bio (Nasdaq: VOR) will participate in several investor conferences in June 2022. Key events include the Jefferies Healthcare Conference on June 8 at 2:30 PM ET in New York, the Goldman Sachs Global Healthcare Conference from June 13-16 in California, and a Fireside Chat at the JMP Securities Life Sciences Conference on June 16 at 11:00 AM ET in New York. Additionally, Vor Bio will join Stifel’s 2022 Virtual Cell Therapy Summit on June 29-30. Live webcasts of these presentations will be available on their website.

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Vor Bio (Nasdaq: VOR) reported encouraging updates in its latest financial results for Q1 2022, emphasizing its focus on the VBP101 clinical trial for VOR33, targeting AML. Initial clinical data for VOR33 is expected in 2H 2022. Significant advancements were presented at the Keystone Symposia, showcasing the efficacy of multiplex editing platforms. The company’s in-house manufacturing facility in Cambridge is set to enhance production efficiency. However, net loss rose to $22.7 million, up from $13.7 million in Q1 2021, reflecting increased R&D and administrative expenses.

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Vor Biopharma (Nasdaq: VOR) announced participation in two upcoming investor conferences. The BofA Securities 2022 Healthcare Conference is set for May 13, 2022, featuring virtual 1x1 meetings. They will also present at the H.C. Wainwright Global Investment Conference on May 24, 2022, with a pre-recorded on-demand presentation available starting at 7:00 AM ET. Investors can access the webcast replay on the company's website, www.vorbio.com. Vor Bio focuses on engineering hematopoietic stem cells for targeted therapies in blood cancers.

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Vor Bio (Nasdaq: VOR) announced acceptance of two abstracts for presentation at the Keystone Symposia on Precision Genome Engineering (April 27 - May 1, 2022). The presentations will detail Vor Bio’s innovative multiplex editing capability in targeting cancer cells while preserving healthy ones, specifically for patients with acute myeloid leukemia (AML). Dr. Tirtha Chakraborty emphasized the potential of this method to minimize risks associated with traditional therapies. Vor Bio is advancing its lead program, VOR33, aimed at improving outcomes for AML patients.

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Vor Bio (Nasdaq: VOR) announced the retirement of Chief Medical Officer Dr. Christopher Slapak as part of a transition to enhance its clinical capabilities. As the clinical team recruits patients for the ongoing Phase 1/2a VBP101 study of VOR33 in high-risk AML patients, an executive search for Dr. Slapak’s replacement is underway. CEO Dr. Robert Ang emphasized the successful build-up of the clinical team and infrastructure necessary for this next phase, with initial data anticipated in the second half of 2022.

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FAQ

What is the current stock price of Vor Biopharma (VOR)?

The current stock price of Vor Biopharma (VOR) is $0.79 as of November 22, 2024.

What is the market cap of Vor Biopharma (VOR)?

The market cap of Vor Biopharma (VOR) is approximately 54.6M.

What is Vor Biopharma Inc. known for?

Vor Biopharma Inc. is known for its pioneering work in engineering hematopoietic stem cells (eHSCs) to treat hematological cancers, notably acute myeloid leukemia (AML).

What are the main products of Vor Biopharma Inc.?

The main products include VOR33 (Trem-cel), a genome-edited HSC transplant for AML, and VCAR33ALLO, a CD33-directed CAR-T cell therapy derived from healthy donor cells.

Where is Vor Biopharma Inc. located?

Vor Biopharma Inc. is headquartered in Cambridge, Massachusetts.

What recent achievements has Vor Biopharma Inc. made?

Recent achievements include the clearance of an IND for VCAR33ALLO by the FDA, successful in-house manufacturing runs, and securing a worldwide license from Editas Medicine.

What clinical trials are currently being conducted by Vor Biopharma Inc.?

Ongoing trials include the VBP101 study for Trem-cel in AML patients and the VBP301 study for VCAR33ALLO, a CAR-T cell therapy.

What is the potential impact of Vor Biopharma Inc.'s platform?

The platform has the potential to change the standard of care for blood cancer patients by enabling targeted therapies post-transplant, offering more effective and less toxic treatment options.

How can I stay updated on Vor Biopharma Inc.'s progress?

You can stay updated by visiting their website at www.vorbio.com and following their latest news and press releases.

What financial updates were provided by Vor Biopharma Inc. recently?

Vor Bio recently reported strong financial outcomes with an extended cash runway into the second half of 2025, highlighting robust execution of their clinical trials.

What upcoming milestones is Vor Biopharma Inc. expecting?

Upcoming milestones include data releases from their clinical trials, presentations at scientific conferences, and further advancements in their cell and genome engineering platform.

What collaborations has Vor Biopharma Inc. entered into?

Vor Bio has entered into collaborations with Editas Medicine and Janssen for the development and potential commercialization of gene-edited HSC therapies and CD33-targeted immunotherapies.

Vor Biopharma Inc.

Nasdaq:VOR

VOR Rankings

VOR Stock Data

54.58M
67.89M
1.17%
81.25%
2.49%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
CAMBRIDGE