Welcome to our dedicated page for Nanobiotix S.A. news (Ticker: NBTX), a resource for investors and traders seeking the latest updates and insights on Nanobiotix S.A. stock.
Nanobiotix S.A. (NBTX) news covers developments at a late-stage clinical biotechnology company that focuses on physics-based therapeutic approaches and nanotechnology platforms. As a dual-listed issuer on Euronext Paris and the Nasdaq Global Select Market, Nanobiotix regularly publishes updates that are relevant to investors following oncology-focused biotechnology and pharmaceutical preparation manufacturing.
Company news frequently highlights progress in the JNJ-1900 (NBTXR3) clinical program, including updates on the global Phase 3 NANORAY-312 study in locally advanced head and neck squamous cell cancers and Phase 1 and Phase 2 studies sponsored by Nanobiotix or The University of Texas MD Anderson Cancer Center. Releases may also describe regulatory designations, collaboration milestones with Janssen Pharmaceutica NV, and the transfer of sponsorship and operational control of key trials.
Another recurring theme in Nanobiotix news is the Curadigm Nanoprimer platform. The company reports on new patent applications, preclinical in vivo data, and Chemistry, Manufacturing, and Controls (CMC) activities, as well as material transfer agreements with biotechnology and pharmaceutical partners evaluating Nanoprimer combinations with intravenously administered therapeutics.
Investors can also find announcements related to capital markets activity, such as royalty-based financing agreements with HealthCare Royalty (HCRx), inclusion in the CAC Mid 60 and SBF 120 indices on Euronext Paris, and periodic disclosures on shares outstanding and voting rights under French regulations. In addition, Nanobiotix issues notices about participation in investor and healthcare conferences, where management presents the company’s strategy and clinical pipeline.
By following NBTX news, readers can track clinical, financial, and strategic updates that shape the company’s development trajectory and its work in oncology, drug bioavailability and biodistribution, and central nervous system disorder applications.
Nanobiotix announced key updates as of October 31, 2022. The company has 34,875,872 outstanding shares and a total of 36,286,313 theoretical voting rights. The exercisable voting rights amounted to 36,273,212. The firm focuses on innovative therapeutic solutions for cancer treatment, particularly through its lead product NBTXR3, designed to enhance tumor control. These developments underline Nanobiotix's commitment to improving patient outcomes in oncology.
Nanobiotix announced the formation of a Scientific Advisory Board comprising twelve expert oncologists from the US and Europe to support the development of its lead therapeutic candidate, NBTXR3. The board's diverse expertise aims to enhance clinical trial strategies and improve patient care. Leonard Farber, MD, highlighted the necessity of multidisciplinary knowledge for advancing this innovative cancer treatment. NBTXR3 targets solid tumors, with an emphasis on head and neck cancers, leveraging a novel physics-based approach.
Nanobiotix, a late-stage clinical biotechnology company, announced participation in a fireside chat at the Jefferies London Healthcare Conference on November 15, 2022. Laurent Levy, co-founder and chairman, along with Bart Van Rhijn, CFO, will speak at 5:00 PM GMT/12:00 PM ET. The event will be webcast live and available for replay for 30 days. The company is focused on innovative physics-based therapies, including NBTXR3, to improve treatment outcomes in cancer patients, particularly those with head and neck cancers.
Nanobiotix will release its financial results for Q3 2022 on November 9, 2022, after US market close. A conference call is scheduled for November 10, 2022, at 8:00 AM ET, where CEO Laurent Levy and CFO Bart Van Rhijn will discuss the results and company updates. The call will be accessible via the company's website, allowing participants to register in advance. Nanobiotix focuses on innovative cancer therapies, particularly through its lead product, radiotherapy-activated NBTXR3, targeting solid tumors.
Nanobiotix (NASDAQ: NBTX) has signed a final restructuring agreement with the European Investment Bank (EIB) to realign approximately €30.7 million in debt obligations with its commercialization timelines. The agreement allows deferral of €25.3 million in principal repayments until June 2029 and restructures €5.4 million in accrued interest as payment-in-kind until October 2024. Additionally, a new €20 million milestone payment is set for June 2029, contingent on commercial success. This restructuring aims to support the anticipated revenue generation from the company’s lead product, NBTXR3, in cancer treatment.
Nanobiotix reported updated information regarding its outstanding shares and voting rights as of September 30, 2022. Currently, there are 34,875,872 shares outstanding, with a total of 36,277,898 theoretical voting rights and 36,261,825 exercisable voting rights. This data is crucial for ensuring transparency for shareholders and aligns with the French regulatory requirements.
Nanobiotix announced operational progress in its pivotal Phase 3 study, NANORAY-312, focusing on elderly patients with locally advanced head and neck cancer. The first patient has been enrolled in Asia, with plans to recruit approximately 100 patients globally. Financially, the company reported €63 million in cash equivalents as of June 30, 2022, and expects funding through Q1 2024 due to a debt restructuring with the EIB. Despite a stable revenue of €1.3 million, R&D expenses rose to €16.6 million. The net loss decreased to €26.4 million, or €0.76 per share, compared to €30.4 million in 2021.
Nanobiotix plans to report its financial results for the half-year ending
Nanobiotix (NASDAQ: NBTX) announced the recommended phase 2 dose for NBTXR3, which is set at 33% of gross tumor volume in three cohorts for treating head and neck squamous cell carcinoma (HNSCC). The company expects to submit a Phase 3 trial protocol to the FDA by Q1 2023, with updated clinical data from Study 1100 anticipated in Q4 2022. The ongoing study aims to evaluate NBTXR3 in combination with anti-PD-1 therapies for patients with recurrent or metastatic HNSCC, including those resistant to previous immunotherapy.
Nanobiotix reached an agreement to restructure €30.7 million in debt obligations from its 2018 loan with the European Investment Bank (EIB). This restructuring aims to align debt with development timelines, extending the maturity dates to June 2029 for principal repayments and October 2024 for interest payments. This extension will enhance Nanobiotix's operational runway into early 2024, allowing focus on lead programs for its cancer treatment, NBTXR3. Execution of the amendment is expected in Q4 2022, contingent on final legal documentation.
FAQ
What is the current stock price of Nanobiotix S.A. (NBTX)?
What is the market cap of Nanobiotix S.A. (NBTX)?
