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Precision BioSciences, Inc. announced a private placement where the company will issue and sell 25,000 shares of common stock to its senior leadership team, including the CEO, at a price of $12.00 per share, totaling $300,000. The Private Placement is set to close on May 8, 2024, with the net proceeds intended for research and development initiatives.
Precision BioSciences, Inc. (Nasdaq: DTIL) will report its first-quarter financial results on May 13, 2024. The company utilizes its ARCUS® platform for gene editing therapies, including elimination, insertion, and excision.
Precision BioSciences, Inc. (Nasdaq: DTIL) announced that its partner iECURE has received FDA Fast Track designation for ECUR-506 to treat Neonatal Onset Ornithine Transcarbamylase (OTC) Deficiency. The Fast Track designation expedites the review process for therapeutics addressing unmet medical needs. ECUR-506 also received Rare Pediatric Disease and Orphan Drug designations.
iECURE, Inc. has received Fast Track designation from the FDA for ECUR-506, an in vivo gene insertion program to treat neonatal onset Ornithine Transcarbamylase (OTC) deficiency. The designation helps expedite the review process for therapies addressing unmet medical needs. The company's OTC-HOPE study is open for enrollment in the UK, with sites in the US and Australia to follow, focusing on safety, efficacy, and other endpoints.
Precision BioSciences, Inc. announced a late-breaking poster presentation at the European Association for Study of the Liver Congress 2024, showcasing preclinical safety data for their clinical candidate PBGENE-HBV for the treatment of chronic hepatitis B. The data supports the progression of the gene editing program towards potential clinical trials and regulatory filings in 2024.
