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Spyre Therapeutics, Inc. - AGLE STOCK NEWS

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

Spyre Therapeutics, Inc. (NASDAQ: AGLE) is a clinical-stage biotechnology company pioneering antibody therapies for inflammatory bowel disease (IBD). This dedicated news hub provides investors and healthcare professionals with timely updates on Spyre's innovative pipeline, financial developments, and strategic initiatives in gastrointestinal medicine.

As a centralized resource for AGLE-related information, this page offers comprehensive coverage of press releases, clinical trial milestones, and corporate announcements. The curated content enables stakeholders to track progress across Spyre's portfolio of precision-engineered therapies targeting complex immune disorders.

Key focus areas include updates on lead antibody candidates SPY001 and SPY002, regulatory communications, partnership developments, and financial reporting. All content is sourced directly from official company disclosures and reputable industry publications to ensure accuracy and compliance.

Bookmark this page for convenient access to verified information about Spyre Therapeutics' scientific advancements and corporate news. Check back regularly for updates on emerging therapies designed to address unmet needs in IBD treatment.

Rhea-AI Summary
Spyre Therapeutics, Inc. (SYRE) will begin trading on Nasdaq under the ticker symbol 'SYRE' effective November 28, 2023. The company aims to develop a next-generation of Inflammatory Bowel Disease (IBD) products by enhancing efficacy and convenience of therapies. With $205 million in cash, cash equivalents, marketable securities, and restricted cash as of September 30, 2023, Spyre has expected runway into 2026.
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Aeglea BioTherapeutics, Inc. (AGLE) announced the approval of stock options and restricted stock units as equity inducement awards for non-executive employees, under the 2018 Equity Inducement Plan. The grants include 351,750 shares of common stock and 18,912 restricted stock units, with a 10-year term and an exercise price of $10.48 per share. The options and units will vest over time, subject to continuous service with Aeglea.
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Aeglea BioTherapeutics, Inc. (AGLE) announced progress in their IBD portfolio, with SPY001 and SPY002 on track for IND filings in 2024. The company also strengthened its leadership team, has $205 million in cash, and expects to complete a stockholder vote on November 21.
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Aeglea BioTherapeutics, Inc. has announced the approval of stock options for six non-executive employees. The options allow the purchase of an aggregate of 729,600 shares of common stock at an exercise price of $11.43 per share. The options will vest over time, with one-fourth of the shares becoming exercisable on the first anniversary of each employee's start date.
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Aeglea BioTherapeutics, Inc. (AGLE) will participate in upcoming investor conferences to present their pipeline of antibody therapeutics for inflammatory bowel disease. The conferences include Guggenheim 5th Annual Inflammation & Immunology Conference, Stifel 2023 Annual Healthcare Conference, and Jefferies 2023 London Healthcare Conference. Webcasts of the presentations can be accessed on the Aeglea website.
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Aeglea BioTherapeutics grants stock options to non-executive employees, totaling 2.9M shares, with a 10-year term and an exercise price of $11.70 per share. Options vest and become exercisable over time, subject to continuous service with Aeglea.
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Aeglea BioTherapeutics to participate in Stifel 2023 Immunology & Inflammation Virtual Summit
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Aeglea BioTherapeutics, Inc. (AGLE) announces a 1-for-25 reverse stock split to meet Nasdaq listing price per share requirements, reducing authorized shares from 500 million to 20 million. The split will take effect on September 8, 2023, and aims to transform the treatment of inflammatory bowel disease with its pipeline of antibody therapeutics.
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Aeglea BioTherapeutics announces the appointment of Scott Burrows as CFO and Heidy Abreu King-Jones as Chief Legal Officer and Corporate Secretary. The appointments strengthen Aeglea's leadership team as they advance their inflammatory bowel disease portfolio. Jonathan Alspaugh, current President and CFO, will transition into a strategic advisory role. Mr. Burrows brings over two decades of experience in biopharma finance leadership roles, while Ms. King-Jones has a proven track record in legal and corporate roles in the biopharma industry.
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Aeglea BioTherapeutics, Inc. (AGLE) announced the acquisition of Spyre Therapeutics' assets and an oversubscribed $210.0 million private investment, positioning the company to advance its inflammatory bowel disease (IBD) portfolio. The sale of legacy pipeline candidate, pegzilarginase, streamlines operations and increases focus on IBD strategy. As of June 30, 2023, the company had $236.7 million in cash and cash equivalents and restricted cash.
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Nasdaq:AGLE

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48.63M
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Biotechnology
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United States
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