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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.
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.
Lineage Cell Therapeutics, Inc. (LCTX) received an Education Conference II Grant from the California Institute for Regenerative Medicine (CIRM) to support the 2nd Annual Spinal Cord Injury Investor Symposium. The symposium aims to accelerate development in spinal cord injury research and treatments by bringing together stakeholders in the field. It will focus on discussing current and future treatment alternatives, raising investor awareness, and broadening investment into spinal cord injury. The event will feature speakers from various organizations and will take place on June 26 and 27, 2024, in La Jolla, CA.
Lineage Cell Therapeutics, Inc. announces the passing of its Chairman, Mr. Alfred D. Kingsley, and appoints Michael H. Mulroy, J.D., as the new Chairman of the Board of Directors. Mr. Kingsley's significant contributions to the company are acknowledged, and Mr. Mulroy brings extensive experience in biotech and biopharma to his new role.
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