Hoth Therapeutics Inc Stock Price, News & Analysis

Hoth Therapeutics (NASDAQ: HOTH) has announced positive results for HT-001, their topical neurokinin 1 receptor antagonist, in treating EGFR inhibitor-associated skin conditions. A case study demonstrated remarkable efficacy where a 59-year-old metastatic breast cancer patient experienced complete resolution of skin lesions after one week of twice-daily HT-001 2% cream application, with no recurrence in the following three weeks.

The therapy works by blocking the pro-inflammatory SP-NK1R pathway. The company is currently conducting a Phase 2A clinical trial to evaluate HT-001's efficacy and safety in a broader patient population with varying severities of EGFR inhibitor-induced skin reactions.

These findings will be presented at the American Academy of Dermatology (AAD) 2025 Annual Meeting from March 7-11, 2025, positioning HT-001 as a potential breakthrough therapy for EGFR inhibitor-induced dermatologic toxicities.

Hoth Therapeutics (NASDAQ: HOTH) has announced promising preclinical findings for Glial Cell Line-Derived Neurotrophic Factor (GDNF) as a potential obesity treatment. The study, using GDNF-transgenic models, demonstrated significant results in:

• Reduced body weight and fat deposition despite high-fat diet consumption
• Increased basal metabolic rate and energy expenditure
• Suppression of fat storage genes while promoting fat oxidation
• Enhanced glucose tolerance and lower serum leptin levels
• Prevention of hepatic steatosis (liver fat accumulation)

The research, conducted in partnership with the Department of Veterans Affairs, suggests GDNF could revolutionize obesity treatment by enhancing natural metabolic processes rather than restricting food intake. Hoth is exploring multiple development pathways, including recombinant protein delivery, gene therapy, and small-molecule mimetics.

Hoth Therapeutics (NASDAQ: HOTH) has announced a partnership with OnTargetx R&D Inc. to advance research for its cancer-fighting therapeutic, HT-KIT. The collaboration includes an immunohistochemistry study conducted with Charles River Laboratories Montreal ULC, marking a significant step in HT-KIT's preclinical development.

The study focuses on developing and optimizing staining methods for c-Kit markers, which are important targets in HT-KIT's therapeutic mechanism. It includes processing and qualitative evaluation of tissue samples by a board-certified pathologist to determine marker presence, along with comprehensive reporting to support HT-KIT's development.

HT-KIT is a preclinical therapeutic candidate targeting c-Kit, a receptor tyrosine kinase involved in various cancers, representing a potential advancement in precision oncology therapies.

Hoth Therapeutics (NASDAQ: HOTH) has successfully regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). The company received official notification from Nasdaq on January 23, 2025, confirming compliance after maintaining a closing bid price at or above $1.00 per share for 10 consecutive business days, from January 7 to January 22, 2025.

CEO Robb Knie emphasized this achievement as a reflection of the company's commitment to creating long-term shareholder value and maintaining high corporate governance standards. The biopharmaceutical company confirms its continued focus on advancing its pipeline and delivering healthcare solutions.

Hoth Therapeutics (NASDAQ: HOTH) has announced the acquisition and expansion of patent applications to strengthen its intellectual property portfolio. The new patents will be utilized to explore additional indications for the company's HT-001 Cancer Therapeutic.

The company positions these acquisitions as part of its strategy to develop innovative treatments for unmet medical needs, focusing on enhancing therapeutic efficacy and expanding applications across various disease areas. CEO Robb Knie emphasized that these provisional patent applications reinforce Hoth's proprietary approaches and align with their mission to deliver breakthrough therapies.

Hoth Therapeutics (NASDAQ: HOTH) has announced its participation in the upcoming Sequire Investor Summit, scheduled for January 21-23, 2025. The company's Chief Executive Officer, Robb Knie, will be attending the event, representing the biopharmaceutical company at this significant investor conference.

Hoth Therapeutics (NASDAQ: HOTH) has addressed market rumors and shareholder inquiries by confirming it has no plans for public or private offerings. The company highlighted its strong financial position with over $10 million in cash and no debt, emphasizing its ability to execute strategic initiatives without immediate need for additional financing.

The company also reported progress in its clinical development, announcing that all trial sites for HT-001, its lead therapeutic candidate for treating rash and skin disorders associated with cancer therapy, are now active and enrolling participants. CEO Robb Knie emphasized the company's focus on creating long-term value and advancing clinical programs, stating that the activation of all trial sites represents a significant milestone in HT-001's development.

Hoth Therapeutics (NASDAQ: HOTH) has announced promising interim results from its Phase 2a clinical trial of HT-001, a treatment targeting skin toxicities associated with Epidermal Growth Factor Receptor Inhibitors (EGFRi) in cancer patients. The CLEER-001 trial demonstrated 100% success rate in achieving the primary efficacy endpoint, with all patients showing significant skin toxicity improvement within six weeks.

Key outcomes include 66% of patients reporting reduced pain and itching scores, and notably, all patients maintained their full EGFRi cancer treatment dosage without reductions. The trial utilizes the proprietary Acneiform Rash Investigator Global Assessment Scale (ARIGA) for precise measurement of improvements. Importantly, no treatment-related adverse effects were reported, confirming HT-001's safety profile.

Hoth Therapeutics (NASDAQ: HOTH) has entered into an exclusive patent license agreement with the U.S. Department of Veterans Affairs (VA) and Emory University for technology focused on 'Glial Cell Line-Derived Neurotrophic Factor, Obesity, and Obesity-Related Diseases and Conditions.' The agreement grants Hoth exclusive rights to develop, market, and commercialize products from the licensed patents.

Additionally, Hoth has signed an LOI to acquire additional provisional patent protection for its lead therapeutic HT-001, expanding its application to other cancer therapeutics. The company plans to advance the obesity-related technology from research through commercialization following a comprehensive development plan.