Welcome to our dedicated page for Bio-Path Hldgs news (Ticker: BPTH), a resource for investors and traders seeking the latest updates and insights on Bio-Path Hldgs stock.
Bio-Path Holdings develops targeted nucleic acid drug candidates using its DNAbilize® liposomal delivery and antisense RNAi nanoparticle technology. Its disclosed pipeline includes prexigebersen (BP1001), which targets Grb2 for blood cancers; BP1001-A, a modified prexigebersen candidate studied in solid tumors and metabolic disease models; BP1002, which targets Bcl-2 for blood cancers and solid tumors; and a STAT3 antisense program.
Company news commonly covers clinical and preclinical program updates, obesity and Type 2 diabetes research, acute myeloid leukemia and other oncology studies, patent grants tied to DNAbilize®, financial results, investor presentations, and corporate or operational updates affecting the biotechnology portfolio.
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Bio-Path Holdings (NASDAQ:BPTH) reported its financial results for 2022, showing a net loss of $13.9 million or $1.91 per share, compared to a loss of $10.4 million the previous year. Research and development expenses rose to $9.2 million, attributed to increased clinical trial activities. As of December 31, 2022, the company had $10.4 million in cash, a decrease from $23.8 million in 2021. Key clinical milestones include the first patient dosed in the BP1001-A Phase 1/1b trial for solid tumors and ongoing trials for AML. The company remains optimistic about progressing through its 2023 milestones.