Atossa Therapeutics Inc Stock Price, News & Analysis

Atossa Therapeutics, Inc. (Nasdaq: ATOS) reported its Q1 2022 financial results, revealing no sustainable revenue and an operating loss of $4.7 million. Operating expenses rose 34% year-over-year to $4.7 million, primarily due to increased R&D expenses of $1.5 million and G&A expenses of $3.2 million, each reflecting heightened clinical trial activities. The company maintains cash reserves of approximately $131.6 million. Key advancements include a new U.S. patent for Endoxifen and the initiation of a Phase 2 study in premenopausal women with breast cancer, with an IND submission expected in Q2 2022.

Atossa Therapeutics, Inc. (Nasdaq: ATOS), a clinical-stage biopharmaceutical company focusing on oncology and infectious diseases, will present at the Q2 Investor Summit Conference on May 3-4, 2022. Kyle Guse, CFO and General Counsel, will provide a corporate overview during the event. The presentation is scheduled for May 3, 2022, at 10:15 am ET. Investors can access the presentation through a webcast link and request one-on-one meetings.

Atossa Therapeutics, Inc. (Nasdaq: ATOS) has successfully completed participant enrollment for Part B of its Phase 1/2a clinical study of AT-H201 in Australia, focusing on inhalation therapy for COVID-19 patients and long-haulers. The study aims to investigate the efficacy of AT-H201 in improving lung function in both moderately to severely ill patients. While there’s a pressing need for additional therapies amid COVID-19 surges, the pathway to commercialization requires successful clinical outcomes and regulatory approvals. No assurances of success or approval are guaranteed.

Atossa Therapeutics, Inc. (Nasdaq: ATOS) announced its participation in the Maxim Group 2022 Virtual Growth Conference from March 28-30, 2022. Management, including Dr. Steven Quay and Kyle Guse, will present a corporate overview on March 28, 2022, at 9:00 AM ET. Investors can view the presentation via the investor relations section of the company's website. Atossa is focused on developing innovative treatments for oncology and infectious diseases, particularly breast cancer and COVID-19.

Atossa Therapeutics (Nasdaq: ATOS) has announced the issuance of U.S. Patent No. 11,261,151, enhancing its intellectual property regarding Endoxifen, a therapy under development for breast cancer and related conditions. The patent, expected to expire in 2038, strengthens Atossa's position against generic competition. Atossa is advancing Endoxifen in two clinical studies: one for breast cancer treatment and another for addressing mammographic breast density, a significant public health issue affecting millions of women. The company plans to submit an IND to the FDA for further trials.

Atossa Therapeutics, Inc. (Nasdaq: ATOS) reported its fiscal year 2021 results, highlighting a cash position of $136 million. The company initiated a Phase 2 trial for its oral Z-endoxifen in Sweden, targeting premenopausal women with breast cancer. Notably, operating expenses rose by 40% to $20,521, driven by increased R&D costs of $9,210. The company aims to submit an IND for a U.S. study comparing Endoxifen to standard care and plans further development for its COVID-19 therapy, AT-H201, with completion expected in mid-2022.

Atossa Therapeutics (Nasdaq: ATOS) has emphasized its commitment to addressing significant health challenges, particularly in breast cancer and COVID-19. The company reported a successful Phase 2 study of Endoxifen, showing a 65.1% reduction in Ki-67, indicating reduced tumor activity. Atossa also initiated a Phase 2 study targeting women with increased mammographic breast density and advanced its AT-301 nasal spray and AT-H201 inhalation therapy for COVID-19. In 2021, Atossa raised over $110 million to further its clinical programs.

Atossa Therapeutics (Nasdaq: ATOS) announced the advancement of its Phase 1/2a clinical study of AT-H201, targeting lung function improvement in hospitalized COVID-19 patients and long-haul patients with post-infection pulmonary disease. After successfully completing Part A of the study, the Australian Human Research Ethics Committee approved the initiation of Part B, which will include 60 participants. AT-H201, a nebulized combination therapy, aims to address the urgent need for additional COVID-19 treatments amidst rising hospitalizations due to the Omicron variant.

Atossa Therapeutics, Inc. (Nasdaq: ATOS) announced the enrollment initiation of its Phase 2 clinical study of oral Z-Endoxifen in Sweden, targeting premenopausal women with elevated mammographic breast density. This milestone aims to assess the dose-response relationship between daily Z-Endoxifen doses and breast density reduction, alongside safety evaluations. The study, led by Dr. Per Hall, will involve around 240 participants over six months. With significant public health implications, this initiative strives to address a condition affecting over 10 million women in the U.S.