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Lineage Cell Therapeutics Inc. (LCTX) is a clinical-stage biotechnology leader developing novel cell-based therapies for degenerative diseases. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, clinical research progress, and regulatory milestones.
Access authoritative information about LCTX's innovative platforms in cell replacement therapies and targeted drug delivery systems. Our curated collection features press releases covering clinical trial results, strategic partnerships, intellectual property updates, and scientific presentations.
Stay informed about advancements in treatments for retinal degeneration, spinal cord injuries, and oncology applications. All content is verified at source, ensuring reliable tracking of the company's progress in regenerative medicine. Bookmark this page for streamlined access to essential updates impacting LCTX's position in the biotech sector.
Lineage Cell Therapeutics (NYSE American and TASE: LCTX) presented preclinical results for ReSonance (ANP1), its auditory neuronal cell transplant for hearing loss treatment, at the 59th Annual Inner Ear Biology Workshop. Key highlights include:
1. ReSonance is manufactured using a proprietary in-house process at clinical scale.
2. The product showed relevant in-vitro functional activity and durable engraftment in multiple preclinical hearing loss models.
3. ReSonance is formulated as an immediate-use, thaw-and-inject product.
4. The company successfully advanced from concept to preclinical testing, generating new intellectual property.
Lineage CEO Brian Culley emphasized the company's manufacturing capabilities as a competitive advantage in the cell transplant space.
Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company, has announced its participation in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference on August 15, 2024. Brian M. Culley, the company's CEO, will be presenting at the event. The presentation will be available for on-demand viewing starting at 7:00am ET on the day of the conference for registered attendees.
Interested parties can also access a replay of the presentation on the Events and Presentations section of Lineage's website. The company specializes in developing allogeneic cell therapies for unmet medical needs, particularly in the field of ophthalmology. Additional videos showcasing Lineage's work are available on the Media page of their website.
Lineage Cell Therapeutics reported its second quarter 2024 financial results, marking significant developments and collaborations. The company highlighted the ongoing Phase 2a study of OpRegen® for geographic atrophy in partnership with Roche and Genentech, showcasing positive 24-month visual acuity data. They initiated services under a new agreement with Genentech, and continued preparations for the OPC1 spinal cord injury clinical study.
Financially, Lineage posted a net loss of $5.8 million, or $0.03 per share, with revenues dropping to $1.4 million from $3.2 million YoY. Operating expenses decreased to $7.3 million, driven by lower R&D expenses. The company held $38.5 million in cash and equivalents, expected to fund operations into Q4 2025.
Key events included clinical data presentations, the 2nd Annual Spinal Cord Injury Investor Symposium, and continued inclusion in the Russell 3000® Index.
Lineage Cell Therapeutics (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies, has announced its plans to report second quarter 2024 financial and operating results on August 8, 2024, after the U.S. financial markets close. The company will host a conference call and webcast on the same day at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the results and provide a business update.
Interested parties can access the call by dialing (800) 715-9871 from the U.S. and Canada, requesting the "Lineage Cell Therapeutics Call". A live webcast will be available in the Investors section of Lineage's website. A replay of the webcast will be accessible on the company's website for 30 days, and a telephone replay will be available through August 15th, 2024, by dialing (800) 770-2030 with conference ID number 6024260.
Lineage Cell Therapeutics (NYSE American and TASE: LCTX), a clinical-stage biotech firm, has been added to the Russell 3000® Index, effective July 1, 2024. This inclusion is part of FTSE Russell's annual reconstitution, which ranks the 4,000 largest US stocks by market cap. Membership in the Russell 3000® Index means automatic inclusion in either the Russell 1000® or Russell 2000® Index, as well as growth and value style indexes.
Brian M. Culley, CEO of Lineage, expressed optimism, noting that the inclusion could heighten investor awareness, boost institutional ownership, and provide additional liquidity for their stock. The Russell US indexes serve as benchmarks for $10.5 trillion in assets. FTSE Russell CEO Fiona Bassett highlighted the indexes' role in reflecting the dynamic US economy.
Lineage Cell Therapeutics (NYSE American and TASE: LCTX), a clinical-stage biotechnology company, announced that CEO Brian M. Culley will present at the 2024 BIO International Convention on June 4, 2024, at 2:30 pm in Theater 3.
The company will also engage in meetings with potential partners to explore strategic alliances for its cell therapy transplant programs.
The BIO International Convention, the world's largest biotech industry gathering, will take place from June 3-6, 2024, at the San Diego Convention Center.
Lineage Cell Therapeutics has announced updates to the 2nd Annual Spinal Cord Injury Investor Symposium (SCIIS), scheduled for June 26-27, 2024, in San Diego. The event aims to enhance SCI research and treatment by bringing together companies, regulators, patients, and investors. The symposium will feature expanded sessions including clinical discussions with Neuralink and preclinical insights from Axonis, Novoron, Sania, and Rewire Medical. Key speakers include experts from RUSH University, the Miami Project to Cure Paralysis, and the Christopher & Dana Reeve Foundation, among others. The event seeks to foster collaboration, raise awareness, and attract investment in SCI treatment development.
Lineage Cell Therapeutics, Inc. reported its first quarter 2024 financial results, revealing significant milestones and data updates on the OpRegen program. The company established a new services agreement with Genentech to support ongoing development and presented positive clinical data at industry events. Additionally, Lineage announced the initiation of the OPC1 clinical study for spinal cord injuries and received a grant from CIRM. The appointment of Dr. Charlotte Hubbert as VP of Corporate Development and a strong balance sheet with $43.6 million in cash, cash equivalents, and marketable securities highlight the company's progress and potential.
Lineage Cell Therapeutics, Inc. presented 24-month visual acuity results of OpRegen (RG6501) in patients with geographic atrophy (GA) secondary to age-related macular degeneration (AMD) at the 2024 Retinal Cell & Gene Therapy Innovation Summit. The data showed BCVA gains of +5.5 letters at 24 months in Cohort 4 patients, with additional gains observed in patients with extensive OpRegen bleb coverage. The study suggested that OpRegen may counteract RPE cell dysfunction and loss in GA by supporting remaining retinal cells, with effects lasting at least 2 years post-administration.
Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX) will announce its first quarter 2024 financial results on May 9, 2024. The company, focused on developing allogeneic cell therapies, will host a conference call to discuss the results and provide a business update.
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