Connect Biopharma Holdings (CNTB) Stock News

Connect Biopharma (Nasdaq: CNTB), a clinical-stage biopharmaceutical company, has announced plans to terminate its American Depositary Receipt (ADR) program and directly list its ordinary shares on the Nasdaq Global Market. The transition is scheduled for September 2, 2025, with ADRs being exchanged for ordinary shares at a one-for-one ratio.

The company will maintain its current trading symbol "CNTB" after the transition. CEO Barry Quart emphasized that this move represents a strategic step toward becoming a U.S.-centric company, aiming to increase institutional visibility and eliminate ADR depositary fees. The company continues to advance its Phase 2 clinical development program for rademikibart in asthma and COPD treatment.

Connect Biopharma (NASDAQ:CNTB), a clinical-stage biopharmaceutical company specializing in inflammatory disease treatments, has announced its participation in the BTIG Virtual Biotechnology Conference. The company's management will engage in a fireside chat on Tuesday, July 29th, 2025 at 9:20 a.m. ET.

Investors can access the live webcast through Connect's website in the Investors section under Presentations, Events & News at investors.connectbiopharm.com. A replay will remain available for approximately 90 days after the event.

Connect Biopharma (NASDAQ: CNTB), a clinical-stage biopharmaceutical company specializing in inflammatory disease treatments, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on July 16, 2025, verifying that its American Depositary Shares (ADSs) maintained a closing bid price of at least $1.00 for 10 consecutive business days as of July 15, 2025.

This development ensures CNTB's continued listing and trading on the Nasdaq exchange, with the compliance matter now resolved.

Connect Biopharma (NASDAQ:CNTB) announced that its Chinese partner Simcere Pharmaceutical has submitted a New Drug Application (NDA) to China's NMPA for rademikibart, targeting atopic dermatitis treatment in adults and adolescents.

The submission follows a 2023 exclusive licensing agreement where Simcere acquired rights to develop, manufacture, and commercialize rademikibart in Greater China. Connect remains eligible for up to $110 million in milestone payments plus tiered royalties up to low double-digit percentages on net sales. The opportunity is significant, with an estimated 70 million atopic dermatitis patients in China.

Connect Biopharma presented clinical data for rademikibart, their investigational anti-IL-4Rα antibody, at EAACI 2025. The Phase 2b trial results showed significant improvements in lung function and asthma control for patients with eosinophilic-driven type 2 asthma. Rademikibart demonstrated rapid improvement in prebronchodilator FEV1 from Week 1, sustained through 24 weeks. The drug achieved notable reductions in annualized asthma exacerbation rates: 63% in patients with elevated baseline eosinophils, 69% in elevated FeNO patients, and 74% in those with both markers elevated. The company expects to report topline data from ongoing Phase 2 acute exacerbation studies in asthma and COPD in the first half of 2026.

Connect Biopharma (Nasdaq: CNTB) announced two oral presentations scheduled for the European Academy of Allergy and Clinical Immunology (EAACI) 2025 Annual Congress in Glasgow, UK. Dr. Rekha Chaudhuri will present findings on their drug Rademikibart, focusing on its effects in treating eosinophilic-driven, Type 2 asthma. The first presentation will discuss reduction in annualized exacerbations, while the second will cover improvements in lung function. Both presentations are scheduled for June 13th, 2025, from 3:00-4:30 PM BST. The presentations will later be available on Connect's website under the presentations and publications section.

Connect Biopharma (NASDAQ: CNTB), a clinical-stage biopharmaceutical company specializing in asthma and COPD treatments, has announced its participation in two upcoming investor conferences in June 2025. The company will deliver corporate presentations at the Noble Capital Markets Virtual Conference on June 4th at 9:00 a.m. ET and the Jefferies Healthcare Conference on June 5th at 7:35 a.m. ET. The Jefferies presentation will be available via webcast and accessible through Connect's investor relations website, with replays of both events available for approximately 90 days.

Connect Biopharma (NASDAQ: CNTB) presented promising data for rademikibart, their next-generation IL-4Rα antibody, at the ATS 2025 International Conference. The Phase 2b trial results showed significant improvements in lung function (FEV1) within 24 hours and reduced acute exacerbations in asthma patients. The drug demonstrated particular efficacy in patients with elevated eosinophil counts. Notably, rademikibart showed a superior safety profile compared to dupilumab, with approximately 30% decrease in eosinophil counts at Week 24, versus dupilumab's 50-120% increase. Structural analysis revealed rademikibart's optimized binding to IL-4Rα, with ~60° rotation compared to dupilumab, resulting in stronger and more stable interaction. Phase 2 studies in asthma and COPD are ongoing with topline data expected in 1H26.

Connect Biopharma (NASDAQ: CNTB) reported Q1 2025 financial results and significant progress in its clinical development programs. The company initiated two Phase 2 Seabreeze STAT studies evaluating rademikibart for acute exacerbations in both asthma and COPD, with topline data expected in 1H 2026. Published data showed promising results, with rademikibart demonstrating rapid improvements in lung function, particularly in eosinophilic-driven asthma patients showing a +420 mL difference from placebo. The company maintains a strong financial position with $84.0 million in cash and investments, providing runway into 2027. Q1 2025 resulted in a net loss of $10.3 million ($0.19 per share), compared to $8.7 million ($0.16 per share) in Q1 2024.