Welcome to our dedicated page for Pds Biotechnology Corporation news (Ticker: PDSB), a resource for investors and traders seeking the latest updates and insights on Pds Biotechnology Corporation stock.
PDS Biotechnology Corporation (Nasdaq: PDSB) is a late-stage immunotherapy company developing investigational cancer therapies based on its Versamune® platform and IL-12 immunocytokine technology. News about PDS Biotech centers on the clinical and regulatory progress of its lead HPV16-targeted immunotherapy PDS0101 and its tumor-targeting IL-12 fused antibody drug conjugate PDS01ADC.
On this page, readers can follow company announcements on pivotal and mid-stage trials, including the VERSATILE-002 Phase 2 study and the VERSATILE-003 Phase 3 trial in HPV16-positive recurrent and/or metastatic head and neck squamous cell cancers. Updates often cover final survival and progression-free survival data, sub-analyses in specific patient subgroups such as low PD-L1 (CPS 1–19) cohorts, and efforts to align with the U.S. Food and Drug Administration on potential accelerated approval pathways.
PDS Biotech news also highlights translational research presented at scientific meetings like the Society for Immunotherapy of Cancer, where investigators have reported immune biomarker signatures, natural killer cell reprogramming, and expansion of stem-like memory T cells associated with PDS0101 and PDS01ADC. Additional coverage includes National Cancer Institute-led Phase 2 trials in metastatic colorectal and other advanced solid tumors, intellectual property developments such as new composition of matter patents for PDS0101, and capital markets events including registered direct offerings disclosed in Form 8-K filings.
Investors and observers who want to track PDSB can use this news feed to monitor clinical milestones, regulatory interactions, scientific data presentations, and financing activities that may influence the company’s development programs and overall outlook.
PDS Biotechnology Corporation (Nasdaq: PDSB) has announced its participation in the "Grand Rounds: a Webinar in Biotech and Specialty Pharma" on November 2, 2020, hosted by Alliance Global Partners. This presentation will showcase the company's proprietary Versamune® technology used in cancer therapies and infectious disease vaccines.
The company will also report its third quarter 2020 financial results on November 11, 2020, followed by a conference call on November 12, 2020, at 8:00 am Eastern Time to discuss the results and provide a business update.
PDS Biotech has initiated a Phase 2 clinical trial for PDS0101 combined with standard chemoradiotherapy (CRT) to treat locally advanced cervical cancer. The study, led by MD Anderson Cancer Center, will evaluate the safety and anti-tumor efficacy of this combination in approximately 35 patients. The trial aims to correlate the treatment’s effectiveness with biomarkers of immune response. Dr. Lauren Wood, the Chief Medical Officer, expresses optimism regarding the potential of PDS0101 in enhancing cervical cancer treatments.
PDS Biotechnology Corporation (PDSB), a clinical-stage immunotherapy firm, announced the virtual presentations of its CEO, Frank Bedu-Addo, at notable investment conferences. The H.C. Wainwright & Co. 22nd Annual Global Investment Conference is set for September 16, 2020, at 2:30 PM ET, and the Oppenheimer Fall Healthcare Life Sciences & MedTech Summit is on September 23, 2020, at 4:10 PM ET. The company specializes in innovative cancer therapies and vaccines, utilizing its proprietary Versamune® technology. A replay of the Oppenheimer presentation will be available for 90 days.
PDS Biotechnology Corporation (NASDAQ: PDSB), a clinical-stage immunotherapy company, participated in Noble Capital Markets’ C-Suite Interview Series on August 21, 2020. CEO Frank Bedu-Addo discussed key topics including the status of the PDS0101 oncology candidate, which is undergoing three Phase 2 clinical trials, and the company’s growing portfolio, targeting various cancers and infectious diseases like COVID-19 and the flu. The interview also touched on financial metrics, including current cash position and anticipated value-generating catalysts for the next year.
PDS Biotechnology Corporation (Nasdaq: PDSB) has successfully closed its underwritten public offering of 6,900,000 shares of common stock at a price of $2.75 per share, yielding approximately $19.0 million in gross proceeds. The offering included 900,000 additional shares exercised by the underwriter. Several company insiders participated in the purchase. The shares were offered under a registration statement filed with the SEC. This initiative is aimed at enhancing the company's financial position as it advances its proprietary Versamune® T-cell activating technology for cancer therapies and vaccines.
PDS Biotechnology Corporation (PDSB) announced its Q2 2020 financial results, reporting a net loss of $2.9 million or $0.19 per share, an improvement from a net loss of $3.9 million in Q2 2019. R&D and G&A expenses decreased by 26% and 38%, respectively. The company initiated a Phase 2 trial for PDS0101 to treat HPV-associated cancers and launched new COVID-19 vaccine programs. A collaborative grant was received from NIAID for developing a universal influenza vaccine. PDSB's cash balance stood at approximately $16.9 million as of June 30, 2020.
PDS Biotechnology has announced a public offering of 6,000,000 shares of common stock at $2.75 each, aiming to raise approximately $16.5 million.
The offering, set to close on August 13, 2020, includes an option for underwriters to buy 900,000 additional shares.
Proceeds will fund working capital and general corporate purposes, enhancing its ability to develop cancer therapies and vaccines utilizing its Versamune® technology.
PDS Biotechnology Corporation (PDSB) will announce its second-quarter financial results for the period ending June 30, 2020, on August 13, 2020, before market opening. Following the announcement, executives including Dr. Frank Bedu-Addo will host a conference call to discuss the results and provide a business update at 8:00 am ET. Interested parties can join via phone or through a live webcast on PDS Biotech’s investor relations page. The event will be archived for six months for further access.
PDS Biotechnology Corporation (Nasdaq: PDSB) announced promising preclinical data for its COVID-19 vaccine candidate, Versamune-CoV-2 (PDS0203). The data show that PDS0203 effectively induces both CD8 killer and CD4 helper T-cells, leading to a 30-45 fold increase in COVID-19 specific T-cells and a 20-25 fold increase in neutralizing antibodies within 14 days. The vaccine demonstrates potential for long-lasting immunity, with effects continuing beyond 30 days. The company also initiated preclinical development for a second candidate, Versamune-CoV-2FC (PDS0204), in partnership with Farmacore Biotechnology.
PDS Biotechnology Corporation (Nasdaq: PDSB) has entered a co-development agreement with Farmacore Biotechnology to accelerate the development of the Versamune®-CoV-2FC vaccine designed to prevent COVID-19. The Brazilian Ministry of Science, Technology, Innovation and Communication will provide initial funding support. This partnership aims to advance the vaccine to Phase 1 clinical trials in Brazil and leverages the Versamune® T-cell activating technology alongside a recombinant SARS-CoV-2 protein. Commercialization rights are retained by Farmacore in Latin America.