Welcome to our dedicated page for Arbutus Biopharm news (Ticker: ABUS), a resource for investors and traders seeking the latest updates and insights on Arbutus Biopharm stock.
Arbutus Biopharma Corporation develops infectious-disease therapeutics centered on chronic hepatitis B, including imdusiran (AB-729), a GalNAc-conjugated RNAi therapeutic, and AB-101, an oral PD-1 inhibitor. News for ABUS commonly covers clinical data, regulatory designations such as FDA Fast Track for imdusiran, scientific-meeting abstracts, and corporate updates tied to the company’s cHBV programs.
Recurring coverage also includes financial results, capital-allocation updates, licensing revenue from lipid nanoparticle technology, and intellectual-property developments involving Arbutus and its licensee Genevant Sciences. The company’s LNP delivery technology and related patent matters are a recurring business theme alongside its clinical-stage antiviral pipeline.
Arbutus Biopharma Corporation (Nasdaq: ABUS) announced that its abstract on a preclinical oncology study of an oral PD-L1 inhibitor will be published at the ASCO Annual Meeting on June 3-7, 2022. The abstract titled "Pre-clinical anti-tumor activity of small-molecule oral PD-L1 checkpoint inhibitors" focuses on the compound's potential to stimulate the immune system. This publication may enhance Arbutus' visibility in oncology, complementing its efforts in viral diseases like Hepatitis B and SARS-CoV-2.
Arbutus Biopharma Corporation (Nasdaq: ABUS) announced that its President and CEO, William Collier, will present at the H.C. Wainwright Global Investment Conference on May 24, 2022, at 11:30 am ET in Miami, FL. The conference will focus on Arbutus' innovative therapeutics targeting viral diseases, especially its lead compound AB-729, aimed at treating chronic Hepatitis B. A live webcast can be accessed via Arbutus' website, with an archived replay available afterward.
Arbutus Biopharma Corporation (Nasdaq: ABUS) reported first quarter 2022 financial results, highlighting significant advancements in its chronic hepatitis B virus (cHBV) and pan-coronavirus programs. The company achieved revenue of $12.6 million, a substantial increase from $2.1 million in Q1 2021, primarily due to a $9.6 million license agreement with Qilu Pharmaceutical. Although the net loss decreased to $15.8 million from $19.6 million year-over-year, research and development expenses rose to $18.5 million. Arbutus maintains a cash runway projected into the second quarter of 2024.
Arbutus Biopharma (Nasdaq: ABUS) will release its first quarter 2022 financial results on May 5, 2022, at 7:30 a.m. ET, followed by a conference call/webcast at 8:45 a.m. ET. Investors can access the conference call via the company's website or through specific dial-in numbers provided. The company focuses on developing novel therapeutics targeting viral diseases, including Hepatitis B and coronaviruses, with ongoing phase 2 clinical trials for its lead compound, AB-729, aimed at providing a functional cure for HBV.
Arbutus Biopharma Corporation (Nasdaq: ABUS) reported its Q4 and year-end 2021 results, highlighting a net loss of $88.4 million, or $0.83 per share. The company has $191 million in cash and investments, compared to $123 million in 2020. Notably, it anticipates key clinical trial data for its HBV therapies later this year. Arbutus plans to advance several compounds, including AB-101 and AB-161, into IND-enabling studies and filed a patent infringement lawsuit against Moderna regarding its COVID-19 vaccine. The company expects a cash burn of $90-$95 million in 2022.
Arbutus Biopharma Corporation (Nasdaq: ABUS) and Genevant Sciences have filed a lawsuit against Moderna (Nasdaq: MRNA) for patent infringement regarding their mRNA COVID-19 vaccine, MRNA-1273. The patents in question cover nucleic acid-lipid particles and related technologies. Arbutus CEO, William Collier, emphasized they are not seeking to halt vaccine sales but are pursuing compensation for their patented technology, crucial for vaccine success. Additionally, a previous court ruling upheld the validity of the patents involved, posing potential ongoing challenges for Moderna.
Arbutus Biopharma Corporation (Nasdaq: ABUS) announced it will release its fourth quarter and year-end 2021 financial results on March 3, 2022, at 7:30 a.m. ET, followed by a conference call at 8:45 a.m. ET. The company focuses on developing therapeutics for viral diseases, including ongoing clinical trials for its lead compound, AB-729, targeting Hepatitis B virus. A live webcast will be available on Arbutus' investor website, and an archived version will be accessible after the event.
Arbutus Biopharma Corporation (NASDAQ: ABUS) announced its 2022 objectives and financial status, highlighting anticipated clinical data readouts for its HBV candidates AB-729 and AB-836. The company completed IND-enabling studies for oral therapies AB-101 and AB-161. Significant cash reserves amounting to $191 million provide a runway into Q2 2024. CEO William Collier emphasized the importance of this year for HBV research, with multiple clinical trials underway and results expected to further support Phase 2b development.
Arbutus Biopharma Corporation (Nasdaq: ABUS) announced its participation in the H.C. Wainwright Bioconnect Virtual Conference from January 10-13, 2022. The virtual fireside chat will feature key executives including William Collier (President and CEO) and Dr. Michael Sofia (Chief Scientific Officer). The chat will start at 7:00 am EST on January 10, 2022, with a webcast available on Arbutus' website. Arbutus is focused on developing therapies for chronic hepatitis B and coronaviruses, including COVID-19.
On December 14, 2021, Antios Therapeutics and Arbutus Biopharma Corporation (Nasdaq: ABUS) announced the dosing of the first patient in a Phase 2a clinical trial evaluating a triple combination treatment for chronic hepatitis B virus (HBV) infection. The study involves 40 patients and aims to assess the efficacy of Antios' ATI-2173 and Arbutus' AB-729 with tenofovir disoproxil fumarate (TDF). This combination therapy seeks to achieve a functional cure for HBV by reducing viral replication and antigens. Both companies express optimism regarding the therapeutic potential of this innovative combination.