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Matinas BioPharma Holdings, Inc. develops biopharmaceutical therapies using its lipid nanocrystal, or LNC, delivery technology. Company updates center on MAT2203, an oral formulation of amphotericin B for invasive fungal infections, along with broader LNC platform applications for intracellular delivery of small molecules and oligonucleotides.
Recurring MTNB news also covers operating and financial results, clinical and regulatory disclosures, governance changes, shareholder ownership activity, capital-structure matters, and NYSE American continued-listing compliance. The company’s announcements connect its drug-development work with board oversight, financing needs, and public-company requirements.
Matinas BioPharma Holdings (MTNB) reports second quarter financial results for 2020, continuing progress in key clinical studies while facing challenges from the COVID-19 pandemic. The ENHANCE-IT study of MAT9001 and the EnACT study of MAT2203 have resumed enrollment, with topline data from the former expected in Q1 2021. As of June 30, 2020, the company reported $68 million in cash, up from $27.8 million at the end of 2019, despite a net loss of $5.8 million. Management is optimistic about upcoming catalysts and plans to host a conference call on August 10, 2020.
Matinas BioPharma Holdings (NYSE: MTNB) announced that CEO Jerome D. Jabbour will participate in a fireside chat at the BTIG Virtual Biotech Conference on August 11, 2020, at 9:00 a.m. ET. He will also host investor meetings during the event. Interested investors can contact the conference coordinator for arrangements. A live webcast of the discussion will be available on the Company's website, with a replay accessible for 90 days. Matinas BioPharma focuses on developing MAT9001 for cardiovascular conditions and MAT2203 for serious fungal infections.
Matinas BioPharma Holdings, Inc. (NYSE AMER: MTNB) will host a conference call on August 10, 2020, at 4:30 p.m. ET to discuss its second-quarter operational and financial results for the period ending June 30, 2020. To participate, dial (877) 407-5976 for domestic or (412) 902-0031 for international calls. The call will also be accessible via a live audio webcast on the company's website. Matinas focuses on developing MAT9001 for hypertriglyceridemia and MAT2203 for serious fungal infections using its proprietary delivery technology.
Matinas BioPharma (MTNB) has resumed enrollment in its ENHANCE-IT study, comparing MAT9001 to Vascepa, with topline data expected in Q1 2021. Additionally, the company received regulatory approval to restart its EnACT study in Uganda. Expectations are set for rapid patient dosing and progression through clinical stages, indicating potential value creation for shareholders. The ENHANCE-IT study aims to generate clinically meaningful data to support MAT9001's efficacy in treating hypertriglyceridemia while the EnACT study focuses on treating cryptococcal meningitis.
Matinas BioPharma Holdings (MTNB) announced that CEO Jerome D. Jabbour will present a company overview at the Jefferies Virtual Healthcare Conference on June 2, 2020, at 8:00 a.m. ET. He will also host investor meetings during this event. Interested investors can arrange meetings through the conference coordinator. A live webcast will be available on the company's IR calendar page, with a replay accessible for 90 days post-event. Matinas focuses on developing MAT9001 for cardiovascular and metabolic conditions and MAT2203 for serious fungal infections.
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