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Structure Therapeutics Inc - GPCR STOCK NEWS

Welcome to our dedicated news page for Structure Therapeutics (Ticker: GPCR), a resource for investors and traders seeking the latest updates and insights on Structure Therapeutics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Structure Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Structure Therapeutics Inc. (NASDAQ: GPCR) CEO to participate in a fireside chat at Leerink Partners Global Biopharma Conference. The company is developing novel oral small molecule therapeutics for metabolic and cardiopulmonary diseases.
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-4.75%
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Rhea-AI Summary
Structure Therapeutics Inc. (NASDAQ: GPCR) reported financial results for Q4 and full year 2023, with a year-end cash balance of $467.3 million. The company highlighted successful Phase 2a data for GSBR-1290 in obesity and type 2 diabetes, with plans for Phase 2b trials. They also outlined upcoming milestones for other programs targeting metabolic and cardiopulmonary diseases. The company raised $485.0 million in equity capital in 2023, with strong financials to fund operations through 2026.
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2.36%
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Structure Therapeutics Inc. (NASDAQ: GPCR) provided a development program update for its oral GLP-1 receptor agonist, GSBR-1290. The Phase 2a data showed significant reductions in HbA1c and weight in type 2 diabetes mellitus patients and obesity cohorts. The drug demonstrated favorable safety, tolerability, and efficacy, with no treatment-related serious adverse events and a low study discontinuation rate. The company plans to initiate a Phase 2b study in the second half of 2024.
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Structure Therapeutics Inc. (NASDAQ: GPCR) announced positive results from the Phase 1b clinical study of oral GLP-1 receptor agonist, GSBR-1290, showing significant weight loss and an encouraging safety profile. They also highlighted upcoming milestones for GSBR-1290 in treating Type 2 Diabetes Mellitus (T2DM) and obesity, with topline data expected in December 2023 and first half of 2024, respectively. The company completed a $300 million financing, expected to fund operations through at least 2026.
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-9.83%
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Structure Therapeutics Inc. announces a $300 million private placement financing, with significant participation from large healthcare institutional and mutual fund investors. The financing is expected to extend the company's cash runway through 2026. The proceeds will be used to accelerate the development of GSBR-1290 and other programs in the company's oral incretin franchise. Development candidates for these programs are expected to be delivered in 2024.
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34.56%
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Rhea-AI Summary
Structure Therapeutics Inc. announces positive results from Phase 1b study of GSBR-1290, a selective oral GLP-1 receptor agonist, in overweight or obese individuals. Significant weight loss observed, supporting once-daily dosing. Phase 2a data for type 2 diabetes cohort expected Q4 2023, obesity cohort in H1 2024. Phase 2b studies planned for 2024. No adverse event-related discontinuations. Mild gastrointestinal-related adverse events reported. No clinically meaningful changes in liver function tests.
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34.56%
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Rhea-AI Summary
Structure Therapeutics Inc. (NASDAQ: GPCR) completed enrollment in a 12-week Phase 2a study of GSBR-1290, with topline data expected in the latter half of the fourth quarter 2023. The company also reported financial results for the second quarter of 2023 and highlighted recent corporate achievements, including the appointment of Dr. Ted Love to its Board of Directors. With a cash position of $224.6 million at June 30, 2023, the company expects its current cash to fund operations through expected key clinical milestones through at least 2025.
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Structure Therapeutics Inc

Nasdaq:GPCR

GPCR Rankings

GPCR Stock Data

1.83B
115.21M
94.6%
8.03%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States
South San Francisco