STOCK TITAN

Lineage Cell Therapeutics (LCTX) Stock News, Jun-Aug 2021

LCTX NYSE

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

Lineage Cell Therapeutics, Inc. develops allogeneic, or “off-the-shelf,” cell therapies for serious medical conditions using its AlloSCOPE cell differentiation and expansion platform. Its pipeline includes OpRegen, also known as RG6501, for geographic atrophy secondary to age-related macular degeneration; OPC1 for spinal cord injury; ReSonance, or ANP1, for hearing loss; and COR1 for corneal endothelial disease.

Recurring company news covers clinical data presentations, preclinical program launches, manufacturing and platform updates, research collaborations, milestone activity, financial results, business updates, and scientific governance. Updates frequently connect Lineage’s cell transplant programs with ophthalmology, neurology, auditory disease, and other non-oncology therapeutic areas.

Rhea-AI Summary

Lineage Cell Therapeutics (NYSE American and TASE: LCTX) will release its second quarter 2021 financial and operating results on August 12, 2021. Following market closure, management will host a conference call at 4:30 p.m. ET to discuss the results and offer a business update. Interested individuals can join by phone or access a live webcast on Lineage's investor relations page. Lineage is focused on developing allogeneic cell therapies for unmet medical needs, with three key product candidates in various stages of clinical development targeting significant markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
conferences earnings
-
Rhea-AI Summary

Lineage Cell Therapeutics (LCTX) has reported promising interim results from its ongoing Phase 1/2a clinical study of OpRegen, aimed at treating dry age-related macular degeneration (AMD). In Cohort 4, 83% of treated eyes maintained or improved visual acuity, with gains reaching +19 letters on the ETDRS chart. Treatments indicated anatomical restoration and durability, with some patients showing no progression of geographic atrophy for almost three years. The company plans to discuss future clinical development steps with the FDA later this year, positioning OpRegen as a leading option for AMD treatment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
Tags
-
Rhea-AI Summary

Lineage Cell Therapeutics, Inc. (LCTX) announced updated interim results from a Phase 1/2a study of its candidate, OpRegen®, targeting dry age-related macular degeneration (AMD). The study involved 24 patients and aimed to evaluate OpRegen's safety and tolerability, alongside preliminary efficacy. Results will be presented at the 54th Annual Scientific Meeting of the Retina Society in Chicago on September 30, 2021. OpRegen offers a thaw-and-inject formulation, simplifying administration. Currently, no FDA-approved treatments exist for atrophic AMD, emphasizing the significance of this development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
Rhea-AI Summary

Lineage Cell Therapeutics (LCTX) has been added to the Russell 3000® and Russell Microcap® Indexes, effective today. This inclusion is a recognition of Lineage's progress in the field of cell therapy and regenerative medicine, with CEO Brian M. Culley emphasizing growth opportunities that could enhance investor awareness and liquidity. The Russell indexes capture the largest U.S. stocks based on market capitalization, affecting $10.6 trillion in assets. Lineage's diverse clinical pipeline includes therapies for dry age-related macular degeneration, spinal cord injuries, and lung cancer.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
none
-
Rhea-AI Summary

Lineage Cell Therapeutics (NYSE American: LCTX) announced progress on its OPC1 therapy for spinal cord injury (SCI). Following recent FDA feedback, the company plans to submit an IND amendment for a Phase 1 study utilizing Neurgain Technologies' delivery system. This study aims to evaluate the safety and efficacy of OPC1, with expectations to initiate a late-stage trial in 2022. Improvements in OPC1 cell production have been noted, and broader patient eligibility is anticipated. The Neurgain delivery system aims to enhance surgical precision without interrupting patients' breathing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
Tags
none
-
Rhea-AI Summary

Lineage Cell Therapeutics (LCTX) has granted Amasa Therapeutics an exclusive option for a license to its HyStem technology aimed at treating solid tumors. This agreement includes an upfront cash payment, potential event-specific payments, and royalties on net sales if exercised. HyStem mimics the extracellular matrix, aiding in cell retention and viability for therapies targeting cancers like glioblastoma. This partnership enhances LCTX's position in oncology, while Amasa aims to expedite its clinical developments using HyStem's biomaterials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
Rhea-AI Summary

Lineage Cell Therapeutics (NYSE American: LCTX) announced the appointment of Kevin Cook as the new Chief Financial Officer, effective June 21, 2021. With over 20 years of experience in strategic and operational roles, Cook has managed over $30 billion in capital raising, particularly in the life sciences sector. CEO Brian Culley expressed confidence in Cook's ability to support the company's growth as it advances its clinical programs, which include therapies for degenerative diseases. Lineage aims to become a leader in cell therapy, focusing on unmet medical needs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
-
Rhea-AI Summary

Lineage Cell Therapeutics (NYSE American and TASE: LCTX) announced that CEO Brian M. Culley will present at the Raymond James 2021 Human Health Innovation Conference on June 22, 2021, at 1:20 p.m. ET. Investors can access the presentation live and archived on the company's Events and Presentations webpage. Lineage develops allogeneic cell therapies targeting significant medical needs, with products like OpRegen, OPC1, and VAC2 currently in Phase 1/2a clinical trials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
conferences
-
Rhea-AI Summary

Lineage Cell Therapeutics (LCTX) announced its inclusion in the Russell 3000 and Russell Microcap Indexes, effective June 28, 2021. This recognition highlights the company's advancements in developing allogeneic cell therapies. The Russell Indexes encompass the largest U.S. stocks, with membership potentially enhancing investor outreach and liquidity. CEO Brian M. Culley stated that this achievement reflects the company’s progress and aims to capitalize on the growing field of cell therapy. The Russell Indexes influence substantial assets, with about $10.6 trillion benchmarked against them.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
Tags
none
Rhea-AI Summary

Lineage Cell Therapeutics, Inc. (NYSE American: LCTX) announced a webinar on June 10, 2021, at 4 PM ET, featuring experts discussing age-related macular degeneration (AMD). The company reported successful retinal tissue restoration in three patients from its OpRegen Phase 1/2a study for dry AMD, with integration of new retinal pigment epithelium cells observed. This indicates potential efficacy for OpRegen, aimed at addressing unmet medical needs in AMD treatment. The webinar will present detailed results and anatomical improvements related to OpRegen therapy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
conferences

FAQ

What is the current stock price of Lineage Cell Therapeutics (LCTX)?

The current stock price of Lineage Cell Therapeutics (LCTX) is $1.04 as of September 23, 2026.

What is the market cap of Lineage Cell Therapeutics (LCTX)?

The market cap of Lineage Cell Therapeutics (LCTX) is approximately 263.0M.