Welcome to our dedicated page for Precigen news (Ticker: PGEN), a resource for investors and traders seeking the latest updates and insights on Precigen stock.
Precigen Inc (PGEN) is a clinical-stage biopharmaceutical leader advancing next-generation gene and cell therapies through its proprietary synthetic biology platforms. This page aggregates official news, press releases, and regulatory developments related to PGEN's innovative research in immuno-oncology, autoimmune disorders, and infectious diseases.
Investors and industry professionals will find timely updates on clinical trial progress, strategic partnerships, and technological breakthroughs leveraging PGEN's UltraCAR-T and AdenoVerse platforms. The curated content supports informed decision-making by providing transparent access to the company's scientific advancements and operational milestones.
Key updates include announcements about therapeutic candidate developments, manufacturing innovations, and collaboration agreements that demonstrate PGEN's position at the forefront of precision medicine. All content is sourced directly from company communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to Precigen's latest developments in gene-editing technologies and cellular therapeutics. Regularly updated to reflect PGEN's evolving pipeline and strategic initiatives.
Precigen has announced a definitive agreement to sell its non-healthcare subsidiary, Trans Ova Genetics, to URUS for $170 million in upfront cash, plus up to $10 million in earn-outs over two years. The sale aims to solidify Precigen's balance sheet, allowing payment of senior convertible notes due in July 2023. This divestiture aligns with Precigen's strategy to focus exclusively on healthcare, enhancing the development of its gene and cell therapies for serious diseases.
Precigen, Inc. (Nasdaq: PGEN) announced that Dr. Helen Sabzevari, President and CEO, will join a virtual panel on June 30, 2022, at 1:00 PM ET during the Stifel 2022 Virtual Cell Therapy Summit. The discussion will focus on Targeted T Cell Therapies, including CAR T and TCR therapies. Precigen specializes in gene and cell therapies aimed at treating urgent diseases in immuno-oncology, autoimmune disorders, and infectious diseases. More details about the event can be found on Precigen's website.
Precigen, Inc. (Nasdaq: PGEN), a biopharmaceutical company, announced that Dr. Helen Sabzevari, President and CEO, will engage in a virtual fireside chat at the 2022 H.C. Wainwright Global Investment Conference on May 24, 2022, starting at 7:00 AM ET. Interested participants can register for the webcast via Precigen's website. The company focuses on innovative gene and cell therapies targeting serious diseases, including immuno-oncology, autoimmune disorders, and infectious diseases. For more details, visit their official site.
Precigen (Nasdaq: PGEN) announced significant developments in its clinical programs and financial performance for Q1 2022. The FDA granted Fast Track designation for PRGN-3006 UltraCAR-T®, aimed at treating relapsed or refractory acute myeloid leukemia (AML). The company initiated a Phase 1b expansion for this therapy and began dosing at Dose Level 3 in the PRGN-3005 UltraCAR-T® trial for ovarian cancer. Financial results showed a 31% increase in total revenues to $32.0 million, with cash reserves at $142.1 million. Losses from operations decreased to $19.3 million.
Precigen, Inc. (Nasdaq: PGEN) has received FDA Fast Track designation for its PRGN-3006 UltraCAR-T therapy targeting relapsed or refractory acute myeloid leukemia (AML). This designation aims to expedite the development of this innovative treatment, which has shown a favorable safety profile with no dose-limiting toxicities. Previously, PRGN-3006 was granted orphan drug designation for AML patients. This advancement, supported by Precigen's proprietary non-viral gene delivery process, aligns with the urgent need for effective therapies in treating AML.
Precigen, Inc. (Nasdaq: PGEN) announced its fourth quarter and full year 2021 financial results, showcasing a notable 25% increase in total revenues year-over-year. The company reported a net loss of $25 million for Q4, improving from a loss of $39.7 million in the prior year. Key developments include the completion of various clinical trials and a public offering that raised approximately $129.4 million. The company anticipates current cash reserves will fund operations into 2023, supporting its clinical programs focused on gene and cell therapies.
On January 12, 2022, Precigen (PGEN) showcased key updates at the 40th Annual J.P. Morgan Healthcare Conference. Highlights included the completion of enrollment in several Phase 1/1b clinical trials for investigational therapies targeting Acute Myeloid Leukemia (AML), ovarian cancer, and recurrent respiratory papillomatosis (RRP). Notably, the firm reported positive interim data from multiple studies, with plans to initiate multicenter expansions and incorporate repeat dosing regimens. Additionally, Precigen aims for rapid regulatory strategies for its therapies addressing significant unmet medical needs in 2022.
Precigen, a biopharmaceutical company listed on Nasdaq under the ticker PGEN, announced that CEO Helen Sabzevari will provide a corporate overview at the 40th Annual J.P. Morgan Healthcare Conference on January 12, 2022, at 3:45 PM ET. Additionally, she will join a panel discussion on January 11, 2022, at 12:00 PM ET, discussing the cell and gene therapy landscape. Live webcasts of both events can be accessed on Precigen's website.
Precigen presented promising interim results for its PRGN-3006 UltraCAR-T therapy targeting relapsed or refractory acute myeloid leukemia (AML) at the 63rd ASH Annual Meeting. The Phase 1/1b study included 15 patients, showing an overall response rate (ORR) of 50% in the lymphodepletion cohort. Notably, the therapy was well-tolerated, with no dose-limiting toxicities or neurotoxicity. The company anticipates progressing to a multicenter expansion phase to evaluate repeated dosing. These results highlight the potential of UltraCAR-T in transforming AML treatment pathways.
Precigen, Inc. (Nasdaq: PGEN), a biopharmaceutical company, will have its President and CEO, Helen Sabzevari, participate in the Stifel 2021 Virtual Healthcare Conference on November 17, 2021, at 10:40 AM ET. This event can be accessed via the Precigen website. The company is focused on gene and cell therapies aimed at treating urgent diseases, including in the areas of immuno-oncology and autoimmune disorders. More information can be found on their website.