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NGM Biopharmaceuticals Inc. develops biotechnology drug candidates through a biology-centric discovery engine that combines disease biology and protein engineering. Company news has centered on clinical and regulatory updates for its pipeline, including NGM707, a dual ILT2/ILT4 antagonist antibody evaluated in advanced or metastatic solid tumors, and aldafermin development in primary sclerosing cholangitis and other rare-disease strategy discussions.
Recurring updates also include oncology conference presentations, clinical-data posters, operating and financial results, governance matters, capital-structure disclosures, shareholder voting matters and material agreements. Corporate-action news includes the completed cash tender offer by an affiliate of The Column Group for shares of NGM Bio not already held by affiliates and certain other stockholders.
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NGM Biopharmaceuticals, Inc. (NGM), a biotechnology firm, announced CEO David J. Woodhouse will join the Cowen 43rd Annual Health Care Conference on March 7 at 9:10 am ET. He will discuss NGM's wholly-owned oncology portfolio as part of the Novel Oncology Targets Panel.
A live webcast will be available on NGM’s website, with a replay accessible for 30 days post-event. NGM focuses on developing transformative therapies, with a portfolio that includes four solid tumor oncology programs currently in clinical development.
NGM Biopharmaceuticals, Inc. (NGM) provided highlights and financial results for Q4 and full year 2022 on February 28, 2023. The company presented promising preliminary findings for NGM707 during the ESMO I-O Congress, showing early anti-tumor activity in advanced solid tumors. They initiated a Phase 1b trial for NGM438 in combination with KEYTRUDA. For 2022, NGM reported a net loss of $162.7 million, up from $120.3 million in 2021. R&D expenses rose to $181.1 million, while related party revenue from Merck decreased to $55.3 million. As of December 31, 2022, NGM had cash reserves of $271.5 million.
NGM Biopharmaceuticals, Inc. (NGM) will participate in the B. Riley Securities 3rd Annual Oncology Conference on January 19, 2023, at 11:00 am ET. CEO David J. Woodhouse, Ph.D., and CFO Siobhan Nolan Mangini will provide a business update focusing on NGM's oncology portfolio. A live webcast of the event will be available on NGM's website, and a replay will be accessible for 30 days post-event. NGM is dedicated to developing transformative therapeutics through biology-centric drug discovery, currently advancing five clinical programs.