Welcome to our dedicated page for Anixa Biosciences news (Ticker: ANIX), a resource for investors and traders seeking the latest updates and insights on Anixa Biosciences stock.
Anixa Biosciences, Inc. (NASDAQ: ANIX) is a clinical-stage biotechnology company whose news flow centers on the treatment and prevention of cancer. Company announcements frequently highlight progress in its ovarian cancer immunotherapy program and its portfolio of cancer vaccines, especially an investigational breast cancer vaccine developed in collaboration with Cleveland Clinic.
News items for ANIX often cover clinical trial milestones, such as completion of a Phase 1 trial, presentation of final data at major scientific meetings, and plans to advance programs into subsequent phases of development. For the breast cancer vaccine targeting α-lactalbumin, disclosures have included safety and immune response findings, details on trial cohorts, and steps to transfer the related IND sponsorship from Cleveland Clinic to Anixa for future trials.
Another recurring theme in Anixa’s news is its ovarian cancer CER-T (CAR-T) program, including regulatory and naming milestones. The company has reported that the World Health Organization’s International Nonproprietary Names Expert Committee approved “liraltagene autoleucel” (lira-cel) as the non-proprietary name for its FSHR-targeted CAR-T therapy, and updates often describe the ongoing first-in-human trial in recurrent ovarian cancer.
Investors and observers can also expect intellectual property updates, such as U.S. and international patent issuances that extend protection for the breast cancer vaccine technology, as well as participation in investor conferences and research-focused fireside chats. Together, these news items provide insight into Anixa’s clinical progress, collaboration activities with institutions like Cleveland Clinic and Moffitt Cancer Center, and the evolution of its immuno-oncology pipeline.
Anixa Biosciences, Inc. (NASDAQ: ANIX) announced the appointment of Dr. Pamela D. Garzone as Chief Development Officer on September 7, 2021. Dr. Garzone, who has over 25 years of experience in the pharmaceutical industry, will oversee the company's vaccine and therapeutic development programs. Her role is particularly significant as Anixa prepares to enter clinical trials for its preventative breast cancer vaccine and ovarian cancer CAR-T treatment. CEO Amit Kumar expressed confidence in Dr. Garzone's leadership during this pivotal transition from pre-clinical to clinical phases.
Anixa Biosciences, Inc. (NASDAQ: ANIX) announced that its compounds may be more effective against the Delta variant of SARS-CoV-2 than the original strain. This follows a genomic variant analysis indicating stronger inhibition potential of the Mpro enzyme, crucial for viral replication. The need for affordable, stable, orally bioavailable COVID-19 treatments is emphasized due to vaccination limitations and variant efficacy concerns. The collaboration with MolGenie focuses on developing novel small molecule inhibitors, with ongoing synthesis of candidate compounds for pre-clinical testing.
Anixa Biosciences (NASDAQ: ANIX) announced the appointment of Director Dr. Arnold Baskies to the World Health Organization's Global Breast Cancer Initiative on August 23, 2021. Dr. Baskies, a seasoned surgical oncologist with extensive experience in cancer treatment, aims to strengthen global breast cancer efforts. Anixa is also developing a breast cancer vaccine in partnership with the Cleveland Clinic and the U.S. Department of Defense, which is set to enter clinical testing soon. This initiative aligns with Anixa's mission to combat cancer through innovative therapeutics.
Anixa Biosciences (NASDAQ: ANIX) announced the issuance of its first U.S. patent for an innovative ovarian cancer vaccine technology, developed in collaboration with Cleveland Clinic. The patent, titled "Ovarian Cancer Vaccines," focuses on a protein expressed in pre-menopausal women's ovaries, which is also found in ovarian cancer cells. By training the immune system to target this protein, the vaccine aims to prevent ovarian cancer's onset. The technology is already patented in Europe, and further development will be supported by the National Cancer Institute's PREVENT program.
On May 26, 2021, Anixa Biosciences (NASDAQ: ANIX) announced its ovarian cancer vaccine technology is receiving support from the National Cancer Institute (NCI). This collaboration is facilitated through the NCI-PREVENT program, which aims to develop cancer prevention interventions. Key milestones include immunogenicity testing, vaccine production development, and regulatory meetings. The vaccine technology focuses on immunizing against proteins linked to ovarian cancer, with the goal of significantly reducing its global impact. Anixa's partnership with the Cleveland Clinic enhances their capabilities in tackling cancer.
On May 20, 2021, Anixa Biosciences (NASDAQ: ANIX) announced that the U.S. FDA has detailed additional information needed for its Chimeric Antigen Receptor-T cell therapy (CAR-T) IND application, submitted in March in partnership with Moffitt Cancer Center. Anixa aims to provide the requested data within 30 days, with the FDA expected to respond in another 30 days. The CAR-T therapy targets the follicle stimulating hormone receptor, marking a novel approach in cancer treatment. Anixa is also pursuing vaccine programs for specific cancers like breast and ovarian cancer.
OntoChem GmbH has transferred its drug discovery technologies and collaborative assets with Anixa Biosciences, Inc. (NASDAQ: ANIX) to the newly established MolGenie GmbH. This transition focuses on developing an orally administered anti-viral treatment for Covid-19, leveraging data from recent studies. Anixa will collaborate with MolGenie to advance the project towards pre-clinical development, solidifying its commitment to combatting Covid-19. Leadership from both companies expresses optimism about the progress and future directions of this important partnership.
Anixa Biosciences, Inc. (NASDAQ: ANIX) announced that the FDA has requested additional information regarding its CAR-T therapy, developed in partnership with Moffitt Cancer Center. This therapy, which targets the follicle stimulating hormone receptor (FSHR), is currently on clinical hold under the IND application until further details are provided by the FDA. Anixa expects MCC to submit the requested information promptly. The therapy is part of Anixa's broader oncology programs aimed at advancing innovative treatments for cancer.
Anixa Biosciences (NASDAQ: ANIX) announced progression to the next stage of its anti-viral therapy against Covid-19 following successful Proof of Concept (POC) animal studies. The studies evaluated two compounds alongside Remdesivir in Syrian Hamsters, showing no adverse effects and comparable efficacy. Anixa aims to optimize pharmacokinetics and potency of a chosen compound over the next four to five months. The company is also developing therapies for cancer and infectious diseases, including innovative vaccine technologies.
Anixa Biosciences, Inc. (NASDAQ: ANIX) has announced an increase in its public offering of common stock, now totaling 4,285,715 shares at a price of $5.25 per share. This offering, set to close around March 25, 2021, could generate approximately $22.5 million in gross proceeds. The underwriter, H.C. Wainwright & Co., has an option for an additional 642,857 shares. Proceeds will support ongoing research, clinical trials, and potential acquisitions aligned with Anixa’s biotechnology focus on cancer and infectious diseases.