G1 Therapeutics Inc Stock Price, News & Analysis

G1 Therapeutics, Inc. (GTHX) will host a webcast and conference call on November 2, 2022, at 8:30 a.m. ET to provide a corporate and financial update for Q3 2022. Participants are encouraged to join 10 minutes early and can access the call after registering.

The company, based in Research Triangle Park, N.C., focuses on developing therapies for cancer, including its first commercial product, COSELA (trilaciclib), which is being evaluated across various solid tumors. For more information, visit their website.

G1 Therapeutics has announced the successful completion of patient enrollment in the Phase 3 PRESERVE 2 trial of trilaciclib for metastatic triple negative breast cancer (TNBC). A total of 187 patients were randomized to receive trilaciclib or placebo before chemotherapy with gemcitabine and carboplatin. Trilaciclib is designed to improve survival outcomes while preserving immune function during chemotherapy. The trial has received Fast Track designation from the FDA, with interim analysis expected in late 2023. Positive results may lead to expedited regulatory approval.

On October 3, 2022, G1 Therapeutics (GTHX) granted inducement stock options for 44,300 shares and 29,400 RSUs to three new employees under the Amended and Restated 2021 Plan. The options are exercisable at $12.41 per share, the closing price on the grant date. The awards incentivize new hires and comply with Nasdaq Listing Rule 5635(c)(4). The company is focused on developing therapies to improve cancer treatment, with a commercial product, COSELA®, and a robust clinical pipeline targeting several solid tumors.

G1 Therapeutics, a commercial-stage oncology company, announced that CEO Jack Bailey and the executive team will participate in the H.C. Wainwright 24th Annual Global Investment Conference. The virtual event is scheduled for September 12, 2022, at 7:00 AM ET. A live webcast and replay will be available on the company's Events & Presentations page.

G1 Therapeutics focuses on developing therapies for cancer, notably its first product, COSELA® (trilaciclib), and is advancing a tumor-agnostic development plan targeting various solid tumors.

G1 Therapeutics (Nasdaq: GTHX) will host a virtual R&D Day titled “Innovations in Oncology: The Science of Trilaciclib” on September 15, 2022, from 9:00 a.m. to 11:00 a.m. ET. The event will discuss the development strategy for trilaciclib, a therapy aimed at improving cancer treatment outcomes. New preclinical data suggesting trilaciclib's potential synergy with other cancer therapies will be presented. Noteworthy clinicians will provide insights on its immune-based mechanism of action and its importance in treating colorectal cancer.

G1 Therapeutics announced the grant of stock options and restricted stock units (RSUs) to a newly hired employee, totaling 10,000 shares of common stock and 6,600 RSUs. This grant adheres to Nasdaq Listing Rule 5635(c)(4), serving as an inducement for employment under the Amended and Restated 2021 Inducement Equity Incentive Plan. The stock options have a strike price of $14.71, vesting over four years, while RSUs vest 25% annually over four years. G1 Therapeutics focuses on cancer therapies, including its product COSELA®.

G1 Therapeutics reported $10.6 million total revenue for Q2 2022, with $8.7 million from COSELA sales, reflecting nearly 60% vial volume growth quarter-over-quarter. The company completed pivotal Phase 3 trial enrollment for trilaciclib in metastatic colorectal cancer, and achieved key milestones in multiple clinical trials, including positive data presentations. Additionally, COSELA gained conditional approval in China, earning G1 a $13 million milestone payment. Ending Q2 2022, cash and equivalents stood at $144 million, projected to fund operations into 2024.

G1 Therapeutics (GTHX) announced the granting of stock options for 10,800 shares and 7,200 restricted stock units (RSUs) to two new employees under its Amended and Restated 2021 Inducement Equity Incentive Plan. The stock options have an exercise price of $8.14 per share and will vest over four years. This plan is aimed at attracting new talent to the company. G1 is focused on developing therapies for cancer, including the product COSELA® and has a diverse clinical pipeline.

G1 Therapeutics (Nasdaq: GTHX) announced participation in two virtual investor conferences in August 2022. On August 9, CEO Jack Bailey and his team will join the 2022 BTIG Biotechnology Conference. Interested attendees must contact their BTIG representative. Additionally, on August 10, Bailey will take part in the 2022 Wedbush Pacgrow Healthcare Conference, discussing 'Commercial Oncology' at 8:35 AM ET. A webcast of this event will be available on the Events & Presentations page.