Atossa Therapeutics, Inc. develops clinical-stage medicines for oncology and other areas of unmet medical need. Its recurring news centers on (Z)-endoxifen, the company's lead product candidate, including breast cancer research, mammographic breast density data, and expansion into rare disease indications such as Duchenne muscular dystrophy and McCune-Albright Syndrome.
Company updates also cover FDA orphan and rare pediatric disease designations, clinical and preclinical data presentations, peer-reviewed publications, intellectual property developments, leadership additions, financial results, and capital-allocation commentary tied to Atossa's development strategy.
Atossa Therapeutics (Nasdaq: ATOS) reported its third-quarter financial results for the period ending September 30, 2020. The company has no sustainable revenue and reported total operating expenses of approximately $3.5 million for Q3 2020, a slight increase from Q3 2019. Significant advancements include the completion of a Phase 1 study of its AT-301 nasal spray for COVID-19, showing safety and tolerability. Atossa also applied for regulatory approval for a Phase 2 study of Endoxifen in Sweden to address mammographic breast density.
Atossa Therapeutics (Nasdaq: ATOS) announced positive preliminary results from its Phase 1 clinical study of AT-301, a nasal spray for treating COVID-19. In this study involving 32 participants, AT-301 was found to be safe and well-tolerated, with no serious adverse events reported. Following this success, Atossa plans to advance AT-301 into a Phase 2 study and prepare for a pre-IND meeting with the FDA. The company aims to co-develop AT-301 with COVID-19 diagnostic partners, targeting at-home use and potentially preventing infection in high-risk groups.
A recent study by Dr. Steven Quay, head of COVID-19 therapeutic programs at Atossa Therapeutics (NASDAQ: ATOS), published on Zenodo, suggests that the SARS-CoV-2 pandemic may have originated at the PLA Hospital in Wuhan, China. The research indicates that early patient records dated back to December 10, 2019, prior to official announcements. The study highlights that the hospital is near the Wuhan Institute of Virology, where genetic links to bat coronaviruses exist. Additionally, it identifies the Wuhan Metro Line 2 as a significant conduit for virus transmission.
Atossa Therapeutics (Nasdaq: ATOS) has completed enrollment in its Phase 1 clinical study of AT-301, a nasal spray drug candidate aimed at treating COVID-19. This is a significant milestone as the ongoing pandemic intensifies. The study, conducted in Australia with 32 healthy adults, assesses the safety and tolerability of AT-301. Atossa plans to report preliminary results soon and is also seeking partners for co-development of AT-301 while preparing for a Phase 2 study in the first half of 2021.
Atossa Therapeutics (Nasdaq: ATOS) is set to present on October 13, 2020, at a Tribe Public Zoom Webinar during Breast Cancer Awareness Month. CEO Dr. Steven Quay and CFO Kyle Guse will lead a discussion titled “Atossa Therapeutics: Tackling our Greatest Health Challenges – COVID-19 and Breast Cancer”. The event, beginning at 8 AM PT/11 AM ET, will include a Q&A on Atossa’s breast cancer initiatives and COVID-19 treatment programs, particularly the nasal spray therapy AT-301. Registration for the event is complimentary but limited.
On October 2, 2020, Dr. Steven Quay, CEO of Atossa Therapeutics (NASDAQ: ATOS), gifted 50 copies of his book, "Stay Safe: a Physician's Guide to Survive Coronavirus," to the White House after President Trump and the First Lady tested positive for COVID-19. The book provides essential advice on preventing and managing COVID-19, aiming to aid recovery. Profits from the book sales are donated to a military veterans group assisting COVID-19 impacted communities. Dr. Quay's extensive experience in drug development underpins the book's insights.
Atossa Therapeutics (Nasdaq: ATOS), a clinical-stage biopharmaceutical company, announced that CEO Dr. Steven Quay and CFO Kyle Guse will present at the Oppenheimer & Co. Fall Healthcare Life Sciences and MedTech Summit. The event is being held virtually from September 21-23, 2020, with Atossa's presentation scheduled for September 22 at 9:10 AM ET. The company focuses on innovative medicines for breast cancer and COVID-19, and interested participants can register via email.
Atossa Therapeutics (Nasdaq: ATOS) announced a positive interim safety assessment from the second cohort in its Phase 1 clinical study of AT-301, a nasal spray for COVID-19. The safety committee's favorable review allows the company to proceed with the next cohort. The study aims to evaluate AT-301's safety and tolerability among healthy adults. Atossa plans to develop AT-301 for home use to help patients recover faster from early COVID-19 symptoms, targeting high-risk communities and healthcare workers.
Dr. Steven Quay, CEO of Atossa Therapeutics (NASDAQ: ATOS), has released a book titled "Stay Safe: A Physician's Guide to Survive Coronavirus", which has reached number one on five Amazon New Release Bestseller lists in various medical categories. The book offers vital information on navigating the pandemic, including tips on school safety and flu vaccinations. With over 28 million confirmed COVID-19 cases globally, Dr. Quay emphasizes the importance of sharing science-backed insights during this critical time, especially amidst ongoing vaccine trials.
Dr. Steven Quay, CEO of Atossa Therapeutics (NASDAQ: ATOS), shares effective tips for enhancing cloth Covid-19 masks, featured in FOX 26 Houston and his new book, "Stay Safe: A Physician's Guide to Survive Coronavirus." This guide compiles science-backed insights to alleviate pandemic-related concerns, offering practical solutions for better protection. Quay's innovative "salt spray" method, made from salt, water, and dish soap, enhances mask effectiveness. His book is available on Amazon, providing dozens of lifesaving recommendations for Covid-19 safety.