Welcome to our dedicated page for Beam Therapeutics news (Ticker: BEAM), a resource for investors and traders seeking the latest updates and insights on Beam Therapeutics stock.
Beam Therapeutics Inc. (Nasdaq: BEAM) generates frequent news as a biotechnology company developing precision genetic medicines through base editing. News about BEAM stock often centers on clinical data readouts, regulatory designations and strategic updates across its hematology and liver-targeted genetic disease franchises.
Investors following BEAM news can expect detailed updates on risto-cel (formerly BEAM-101), an investigational ex vivo base editing cell therapy for sickle cell disease with severe vaso-occlusive crises. The company regularly reports safety and efficacy data from the BEACON Phase 1/2 trial, including measures such as fetal hemoglobin induction, reductions in sickle hemoglobin, engraftment times and markers of hemolysis, as well as designations like RMAT and orphan drug status from the U.S. Food and Drug Administration.
Another major source of headlines is BEAM-302, Beam’s liver-targeting program for alpha-1 antitrypsin deficiency (AATD). Company press releases describe Phase 1/2 trial progress, dose exploration, evidence of in vivo genetic correction of a disease-causing mutation, restoration of functional alpha-1 antitrypsin and regulatory interactions, including RMAT designation, orphan drug designation and participation in the FDA’s CDRP program.
Additional BEAM news items highlight developments in BEAM-301 for glycogen storage disease type Ia, the ESCAPE platform and BEAM-103 antibody, targeted lipid nanoparticle delivery research, financial results, cash runway commentary and participation in scientific and investor conferences. Coverage may also reference Beam’s equity stake in Orbital Therapeutics and the impact of Orbital’s acquisition by Bristol Myers Squibb, as disclosed by the company.
For readers tracking BEAM, this news feed provides ongoing insight into Beam’s clinical milestones, regulatory pathways, platform evolution and corporate transactions that shape the outlook for its precision genetic medicines pipeline.
Beam Therapeutics, a precision genetic medicine company (Nasdaq: BEAM), announced that CEO John Evans will speak at the 2021 William Blair Biotech Focus Conference on July 15, 2021, at 1:00 p.m. ET. The event will feature a live webcast accessible via the company's investor section on their website, with an archive available for 60 days post-event.
Beam specializes in base editing technology, enabling precise genetic alterations without DNA breaks, and is committed to developing lifelong cures for serious diseases.
Beam Therapeutics (Nasdaq: BEAM) has announced that its CEO, John Evans, will participate in a fireside chat at the 2021 Jefferies Virtual Healthcare Conference on June 1, 2021, at 9:30 a.m. ET. The live webcast will be accessible in the investor section of Beam's website and will be archived for 60 days post-event.
Beam specializes in precision genetic medicines through base editing, a technology allowing precise changes to DNA sequences without double-stranded breaks. The company is dedicated to advancing a diversified portfolio of gene editing programs aimed at treating serious diseases.
Beam Therapeutics, a biotechnology company, reported promising advances in its base editing platform and pipeline, with in vivo editing in liver cells of non-human primates reaching 52%. The company is on track to submit its first IND application for BEAM-101 in the second half of 2021. Cash reserves stood at $503.5 million, a significant increase from $253.4 million year-over-year. However, R&D expenses surged to $190.1 million, largely due to the acquisition of Guide Therapeutics, contributing to a net loss of $201.6 million.
Beam Therapeutics (Nasdaq: BEAM) announced the presentation of its base editing data at the upcoming ASGCT Annual Meeting, scheduled for May 11-14, 2021. During this event, Beam will demonstrate advancements in its base editing technology, aimed at treating serious genetic diseases. Key presentations include a workshop on gene editing and a poster session highlighting the use of lipid nanoparticles for delivery. The company is advancing towards filing an IND application for its lead program, BEAM-101, and is working on its first liver development candidate.
Beam Therapeutics (Nasdaq: BEAM) has published research in The CRISPR Journal detailing the development of Inlaid Base Editors (IBEs), enhancing base editing capabilities. This innovation aims to treat sickle cell disease (SCD) by converting the sickle hemoglobin allele to the benign HbG-Makassar variant, achieving over 70% editing efficiency in patient-derived cells. IBEs provide a broader editing range with reduced off-target effects, solidifying Beam's position as a leader in genetic medicine. The company plans to submit its first investigational new drug application in H2 2021.
Beam Therapeutics (BEAM) reported significant advancements as of March 15, 2021. The company is set to submit its first IND application for BEAM-101 by mid-2021, supported by a $260 million stock investment enhancing its balance sheet. The acquisition of Guide Therapeutics allows for improved gene delivery capabilities. Beam's leadership team expanded with the appointments of Amy Simon as Chief Medical Officer and Kate Walsh to the board. Despite this progress, Beam reported a net loss of $195.9 million for 2020, reflecting ongoing R&D investments of $103.2 million.
Beam Therapeutics (Nasdaq: BEAM) announced the appointment of Amy Simon, M.D. as Chief Medical Officer, effective March 15, 2021. With over 20 years of experience in clinical development, Dr. Simon previously held significant roles at Alnylam Pharmaceuticals, where she led the clinical development of RNAi-based therapies and was key in the approval of GIVLAARI. CEO John Evans highlighted the importance of her expertise as Beam progresses towards its first IND application for BEAM-101 in late 2021. Dr. Simon aims to leverage Beam's pioneering base editing technology to deliver transformative therapies for serious diseases.
Beam Therapeutics (Nasdaq: BEAM) will have its CEO, John Evans, speak at the Barclays 2021 Global Healthcare Conference on March 11, 2021, at 2:25 p.m. ET. The event will be available via a live webcast on the company's investor website, with an archive lasting 60 days post-event. Beam Therapeutics specializes in precision genetic medicines using base editing technology to achieve targeted genomic changes without DNA breaks, aiming to develop therapies for serious diseases.
Beam Therapeutics Inc. (Nasdaq: BEAM) has acquired Guide Therapeutics, Inc. for $120 million in stock, aiming to enhance its gene editing capabilities. This acquisition is expected to expand Beam's reach into new tissues and diseases, leveraging GuideTx's innovative lipid nanoparticle (LNP) technology. An additional $320 million may be paid based on success milestones. The merger is anticipated to accelerate the development of genetic medicines, potentially offering lifelong cures for various diseases.
Beam Therapeutics announced a private placement to sell 2,795,700 shares of common stock to institutional investors, expecting gross proceeds of approximately $260 million at an offering price of $93.00 per share, a 10% discount to the recent average share price. The closing is anticipated on January 21, 2021. Proceeds will support clinical development and strategic partnerships. J.P. Morgan and William Blair are acting as placement agents. The shares will not be registered under the Securities Act but a resale registration will be filed with the SEC.