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X4 Pharmaceuticals, Inc. - XFOR STOCK NEWS

Welcome to our dedicated page for X4 Pharmaceuticals news (Ticker: XFOR), a resource for investors and traders seeking the latest updates and insights on X4 Pharmaceuticals stock.

X4 Pharmaceuticals, Inc. (Nasdaq: XFOR) is a late-stage clinical biopharmaceutical company committed to the development of novel therapeutics aimed at improving immune cell trafficking and reversing immune suppression. The company's core focus is on treating rare diseases and conditions resulting from immune system dysfunction, including cancer and genetic primary immunodeficiency diseases.

X4’s lead clinical candidate, mavorixafor, is a selective, small-molecule antagonist of the chemokine receptor CXCR4. Designed as an oral, once-daily therapy, mavorixafor targets immune cell mobilization and has shown promising results in clinical trials. It is currently under priority review by the FDA for the treatment of WHIM (Warts, Hypogammaglobulinemia, Infections, and Myelokathexis) syndrome, a rare primary immunodeficiency. The company’s recent NDA submission is supported by positive results from the global, pivotal 4WHIM Phase 3 clinical trial, which demonstrated mavorixafor's ability to reduce infection rates and improve immune cell counts without serious adverse events.

In addition to mavorixafor for WHIM syndrome, X4 is advancing its pipeline with ongoing investigations for mavorixafor in chronic neutropenic disorders and other immunodeficiencies. The company has also initiated preclinical development of other CXCR4 antagonists, including X4P-002 and X4P-003, to address different properties and mechanisms within the immune system.

Headquartered in Boston, Massachusetts, with a research center in Vienna, Austria, X4 leverages its deep understanding of CXCR4 biology to innovate and bring transformative therapies to patients with limited treatment options. The company's mission is driven by a commitment to improve the lives of those affected by rare and severe immune diseases through rigorous scientific research and strategic investment in its proprietary pipeline.

For more updates and detailed information, visit X4 Pharmaceuticals.

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X4 Pharmaceuticals submits NDA for mavorixafor to treat WHIM syndrome, supported by positive results from Phase 3 trial
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X4 Pharmaceuticals issued inducement awards to new employees under the 2019 Inducement Plan.
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X4 Pharmaceuticals reported financial results for Q2 2023 and highlighted key milestones. Positive data from ongoing Phase 2 trial of mavorixafor in chronic neutropenic disorders show increased neutrophil counts and reduced G-CSF dosing. Plans for Phase 3 trial in 1H 2024. Cash position of over $160 million provides financial flexibility. New Chief Medical Officer appointed. Patent issued. Completed PIPE financing of $65 million. Added to Russell 3000 Index. $115 million debt facility with Hercules Capital. Cash position of $142.3 million as of June 30, 2023. R&D expenses of $15.6 million and SG&A expenses of $10.2 million. Net loss of $55.7 million for Q2 2023.
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X4 Pharmaceuticals announced the closing of a $115 million loan facility with Hercules Capital. They drew down $22.5 million upon closing. The loan provides financial flexibility and extends their cash runway into 2025. X4 may draw additional tranches of up to $20 million and $7.5 million based on certain milestones. The facility refinances $32.5 million in existing debt.
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X4 Pharmaceuticals announces positive data from its Phase 3 clinical trial of mavorixafor in individuals with WHIM syndrome. The trial showed a significant reduction in infection rate, severity, and duration compared to placebo. The company is on track to submit for FDA approval in 2H 2023.
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FAQ

What is the current stock price of X4 Pharmaceuticals (XFOR)?

The current stock price of X4 Pharmaceuticals (XFOR) is $0.5771 as of December 23, 2024.

What is the market cap of X4 Pharmaceuticals (XFOR)?

The market cap of X4 Pharmaceuticals (XFOR) is approximately 103.3M.

What does X4 Pharmaceuticals specialize in?

X4 Pharmaceuticals specializes in developing novel therapeutics aimed at improving immune cell trafficking and reversing immune suppression, particularly for treating rare diseases and conditions resulting from immune system dysfunction.

What is mavorixafor?

Mavorixafor is an oral, once-daily small-molecule antagonist of the chemokine receptor CXCR4. It is X4 Pharmaceuticals' lead clinical candidate, currently under FDA priority review for treating WHIM syndrome.

What is WHIM syndrome?

WHIM syndrome is a rare primary immunodeficiency characterized by Warts, Hypogammaglobulinemia, Infections, and Myelokathexis. It involves reduced mobilization and trafficking of white blood cells from the bone marrow.

What are the latest developments for X4 Pharmaceuticals?

X4 Pharmaceuticals recently submitted an NDA for mavorixafor to the FDA, supported by positive Phase 3 trial results. The FDA has accepted the NDA for priority review, with a target decision date set for April 30, 2024.

What other conditions is mavorixafor being investigated for?

Besides WHIM syndrome, mavorixafor is being investigated for treating chronic neutropenic disorders. X4 Pharmaceuticals is planning a Phase 3 clinical program for these conditions.

Where is X4 Pharmaceuticals headquartered?

X4 Pharmaceuticals is headquartered in Boston, Massachusetts, with a research center of excellence located in Vienna, Austria.

Has mavorixafor received any special designations from regulatory bodies?

Yes, mavorixafor has been granted Breakthrough Therapy Designation, Fast Track Designation, and Rare Pediatric Disease Designation in the U.S., and Orphan Drug Status in both the U.S. and the European Union.

What are the promising indications from the 4WHIM Phase 3 clinical trial?

The 4WHIM Phase 3 trial showed that mavorixafor was able to reduce infection rates, increase immune cell counts, and was generally well tolerated without treatment-related serious adverse events.

What other products are in X4 Pharmaceuticals' pipeline?

X4 Pharmaceuticals is developing additional CXCR4 antagonists, including X4P-002 and X4P-003, which are in preclinical stages and designed for different immunological properties and mechanisms.

How can I stay updated on X4 Pharmaceuticals' progress?

You can stay updated by visiting X4 Pharmaceuticals' official website at www.x4pharma.com and subscribing to their news alerts.

X4 Pharmaceuticals, Inc.

Nasdaq:XFOR

XFOR Rankings

XFOR Stock Data

103.26M
155.53M
1.15%
67.66%
6.78%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
BOSTON