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Y-Mabs Therapeutics - YMAB STOCK NEWS

Welcome to our dedicated page for Y-Mabs Therapeutics news (Ticker: YMAB), a resource for investors and traders seeking the latest updates and insights on Y-Mabs Therapeutics stock.

Overview

Y-mAbs Therapeutics is a commercial-stage biopharmaceutical company focused on developing and commercializing antibody-based therapies and innovative radioimmunotherapy platforms for the treatment of cancer. With a mission centered on addressing unmet needs in oncology, particularly in the treatment of high-risk and pediatric cancers, the company leverages cutting-edge science to improve patient outcomes.

Core Technologies and Therapeutic Areas

The company’s portfolio exemplifies advanced therapeutic innovation in the biopharmaceutical sector. Its flagship product, DANYELZA, an FDA-approved therapy, targets ganglioside GD2, a biomarker expressed in various neuroectoderm-derived tumors and sarcomas. In addition to DANYELZA, Y-mAbs is actively developing novel product candidates such as naxitamab and omburtamab, which target specific tumor antigens and address relapsed or refractory indications in high-risk neuroblastoma and beyond.

Innovative Platforms and Research Initiatives

The company enhances its therapeutic potential through its proprietary Self-Assembly DisAssembly (SADA) Pretargeted Radioimmunotherapy (PRIT) platform, which is designed to deliver targeted radiopharmaceutical treatments with precision. Complemented by the Y-BiClone platform for generating bispecific antibodies, these technologies exemplify the company’s commitment to transformative cancer treatments. The innovative approaches allow for the combination of antibody specificity with advanced radiotherapy methods, positioning Y-mAbs as a significant player in the field of immuno-oncology.

Commercial and Pipeline Strategy

Y-mAbs Therapeutics operates at the commercial stage with a proven record of introducing its products into specialty clinical markets. The commercialization of DANYELZA across multiple centers underscores its commitment to expanding access to targeted cancer therapies. Alongside commercial operations, the company sustains a robust pipeline of product candidates in various stages of clinical development, with pivotal studies designed to validate extended treatment protocols and improved response rates. This dual focus on current product success and future therapeutic innovation enhances its role in addressing oncological challenges.

Market Position and Competitive Edge

Within a competitive landscape characterized by rapid scientific advancements, Y-mAbs distinguishes itself not merely by its portfolio but through its technological differentiation and expertise in the field. By integrating targeted antibody-based mechanisms with radioimmunotherapy, the company provides an alternative therapeutic approach that complements existing treatment modalities in oncology. Its data-driven strategies in clinical development and commercialization continue to solidify its reputation among stakeholders and healthcare providers.

Clinical Impact and Scientific Rationale

Clinical studies and independent analyses lend authority to the company’s methodical approach towards prolonging patient survival and enhancing treatment tolerability. The ability of extended treatment cycles with agents like naxitamab to yield further clinical improvements underscores the scientific rationale behind sustained therapeutic engagement. These insights not only illustrate the complex interplay between dosage, response, and safety but also reinforce the commitment to evidence-based innovation in cancer treatment.

Strategic Collaborations and Future Readiness

Y-mAbs actively partners with academic institutions and global distribution channels to bolster its market presence and clinical outreach. The company’s licensing arrangements and collaborative initiatives with esteemed research centers fortify its scientific credibility and widen the impact of its therapeutic innovations. Such collaborations ensure a continual evolution of its therapeutic pipeline while maintaining stringent standards of efficacy and safety.

Conclusion

Overall, Y-mAbs Therapeutics stands as a prominent entity in the evolving biopharmaceutical arena. Its dedication to pioneering antibody-based and radioimmunotherapy solutions reflects a comprehensive strategy that interweaves clinical expertise, technological innovation, and strategic partnerships. This integrated approach not only addresses the existing challenges in cancer treatment but also sets a foundation for ongoing advancements in immuno-oncology.

Rhea-AI Summary

Y-mAbs Therapeutics has appointed Peter Pfreundschuh as Chief Financial Officer, effective June 28, 2024. Pfreundschuh, who previously held CFO roles at Voyager Therapeutics and Frequency Therapeutics, will report to CEO Mike Rossi. This strategic hire comes as Y-mAbs gains commercial traction with DANYELZA® and advances its SADA-PRIT technology platform. The company believes Pfreundschuh's extensive experience in the healthcare sector will bolster its mission to improve patient outcomes. Pfreundschuh, a CPA and Rutgers alumnus, expressed enthusiasm for contributing to Y-mAbs' growth and innovation in radiopharmaceutical therapies.

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Y-mAbs Therapeutics announced the presentation of preclinical data on its GD2-SADA technology at the 2024 SNMMI Annual Meeting in Toronto from June 8-11. The data highlights the high-affinity binding of GD2-SADA, a bispecific fusion protein, with caged lanthanide metals, demonstrating potential clinical utility in diagnosing and treating GD2-expressing tumors. The study reinforces the strength of Y-mAbs' radiochemistry program and supports further GD2-SADA development through Phase 1 clinical trials. The technology, developed by Memorial Sloan Kettering Cancer Center, is exclusively licensed to Y-mAbs.

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Y-mAbs Therapeutics has announced the appointment of Dr. Norman LaFrance as Chief Development Officer. Dr. LaFrance brings over 40 years of experience in radiopharmaceuticals, having previously served in senior roles at PLUS Therapeutics, Jubilant Pharma, and IBA Molecular. He is expected to advance Y-mAbs' novel SADA-PRIT technology platform aimed at treating cancer and other serious diseases. Dr. LaFrance holds degrees in nuclear engineering and science from Rensselaer Polytechnic Institute and an M.D. from the University of Arizona, with board certifications in internal medicine and nuclear medicine.

His extensive background includes significant roles in the development and commercialization of radiotherapeutics and molecular imaging products. Y-mAbs aims to leverage his expertise to further their mission of improving patient outcomes through innovative cancer treatments.

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Y-mAbs Therapeutics, a commercial-stage biopharmaceutical company, announced the publication of preclinical data on GD2-SADA at the 2024 ASCO Annual Meeting. The study details the binding properties of GD2-SADA, a bispecific fusion protein, to GD2-expressing cell lines and its anti-tumor efficacy when paired with Lutetium 177 (Lu177)-DOTA in pretargeted radioimmunotherapy (PRIT). The GD2-SADA protein showed high-affinity binding to lanthanide metal-DOTA complexes and negligible binding to trace metal-DOTA complexes, supporting its potential for targeted cancer treatment. These promising results pave the way for further clinical development in treating GD2-positive tumors in adults and adolescents.

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Y-mAbs Therapeutics announced interim Phase 2 data for naxitamab at the 2024 ASCO Annual Meeting. The data from Trial 201 show a 50% overall response rate (ORR) in patients with relapsed/refractory high-risk neuroblastoma. Continued naxitamab treatment led to further disease reduction, with 25% achieving complete or partial response after three or more cycles.

Adverse events (AEs) were mostly mild to moderate, with 81% being Grade 1 or 2. Grade ≥3 AEs included hypotension (60%), pain (58%), and others. Notably, the frequency of severe pain and hypotension decreased over treatment cycles.

An independent study from Sant Joan de Déu Barcelona presented data on naxitamab combined with alternative chemotherapies, showing manageable safety profiles and better responses with prior chemo-immunotherapy sensitivity.

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Y-mAbs reported U.S. DANYELZA® net product revenues of $18.6 million, an 11% YoY increase, while Worldwide DANYELZA net product revenues were $19.4 million, a 4% YoY decrease. Cash and cash equivalents stood at $75.7 million with a cash burn of $2.9 million. The Company reiterates full year 2024 financial guidance. First quarter marked highest U.S. demand for DANYELZA® since launch, with significant clinical advancements. Distribution partner initiated commercial launch in Latin America, abstracts to be presented at ASCO Annual Meeting. Financially, total net product revenues decreased by 4% YoY, with U.S. revenues increasing by 11%. Operating expenses and cash burn were within guidance, supporting operations into 2027.

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Y-mAbs Therapeutics, Inc. will release its first-quarter 2024 financial results on May 7, 2024, followed by a conference call and webcast on May 8, 2024. Key executives will participate in the call, including the President, CEO, CFO, CCO, CMO, and Founder. Investors can join via phone or webcast.
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Y-mAbs Therapeutics, Inc. (YMAB) announces the acceptance of four abstracts at the 2024 ASCO Annual Meeting. The abstracts cover the Company's investigational SADA PRIT Technology Platform and approved therapy DANYELZA® for neuroblastoma. YMAB aims to showcase its innovative radioimmunotherapy and antibody-based therapies at the event.
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Y-mAbs Therapeutics, Inc. announces the resignation of Chief Financial Officer, Bo Kruse, and the commencement of a search process for a successor. The company expresses gratitude for Kruse's contributions and commitment over the years.
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Y-mAbs Therapeutics, Inc. appoints Dr. Mary Tagliaferri, a seasoned biopharmaceutical expert, to its Board of Directors. Dr. Tagliaferri brings extensive industry experience and oncology therapeutic development expertise to the company. Her addition is expected to bolster Y-mAbs' advancement in developing novel cancer therapies using the Self-Assembly DisAssembly Pretargeted Radioimmunotherapy (SADA PRIT) technology platform.
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FAQ

What is the current stock price of Y-Mabs Therapeutics (YMAB)?

The current stock price of Y-Mabs Therapeutics (YMAB) is $4.54 as of April 4, 2025.

What is the market cap of Y-Mabs Therapeutics (YMAB)?

The market cap of Y-Mabs Therapeutics (YMAB) is approximately 204.4M.

What is the primary focus of Y-mAbs Therapeutics?

Y-mAbs Therapeutics is primarily focused on the development and commercialization of novel antibody-based and radioimmunotherapy treatments for cancer.

What makes DANYELZA significant in the company’s portfolio?

DANYELZA is the company's first FDA-approved product that targets ganglioside GD2 expressed on certain tumors, playing a crucial role in treating relapsed or refractory high-risk neuroblastoma.

How does the SADA PRIT platform differentiate Y-mAbs?

The SADA PRIT platform represents an innovative radioimmunotherapy approach that combines precise antibody targeting with controlled delivery of radiotherapy, setting Y-mAbs apart from traditional treatment methods.

What types of cancer are targeted by the company’s therapies?

Y-mAbs focuses on cancers that express specific biomarkers, notably neuroblastoma and other tumors derived from neuroectoderm, through targeted immunotherapies.

How does Y-mAbs generate revenue?

Revenue is primarily generated through the commercialization of its therapeutic products, including direct sales of approved treatments and strategic licensing agreements related to its innovative technologies.

In what ways does Y-mAbs demonstrate its expertise in oncology?

The company demonstrates expertise by leveraging advanced antibody-based technologies, rigorous clinical research, and collaborations with renowned research institutions, all of which contribute to its robust and diverse product pipeline.

How does Y-mAbs ensure its treatments are clinically effective?

By conducting extensive clinical trials that examine the efficacy and safety of its therapies, the company continuously refines its treatment protocols based on data-driven insights and collaborative research outcomes.

How is Y-mAbs positioned within the competitive oncology market?

Y-mAbs is positioned as a distinct biopharmaceutical entity due to its innovative approach that integrates antibody-based and radiotherapeutic strategies, supported by strategic partnerships and scientific collaboration.
Y-Mabs Therapeutics

Nasdaq:YMAB

YMAB Rankings

YMAB Stock Data

204.39M
39.50M
12.32%
72.2%
10.45%
Biotechnology
Pharmaceutical Preparations
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United States
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