Welcome to our dedicated page for Plus Therapeutics news (Ticker: PSTV), a resource for investors and traders seeking the latest updates and insights on Plus Therapeutics stock.
Plus Therapeutics, Inc. (NASDAQ: PSTV) generates a steady flow of news as a clinical-stage pharmaceutical and healthcare company focused on targeted radiotherapeutics and precision diagnostics for central nervous system (CNS) cancers. Headquartered in Houston, Texas, the company regularly reports on its clinical trial progress, regulatory interactions, capital markets activity, and expansion of its CNSide Diagnostics subsidiary.
News about Plus Therapeutics often highlights developments related to REYOBIQ™ (rhenium Re186 obisbemeda), its lead investigational radiotherapy for recurrent glioblastoma, leptomeningeal metastases, and pediatric brain cancers. Updates include clinical data presentations at major oncology meetings, safety and efficacy findings from the ReSPECT-GBM and ReSPECT-LM trials, and discussions with the U.S. Food and Drug Administration (FDA) on pivotal trial design and potential accelerated approval pathways.
Another key news theme is the company’s CNSide Diagnostics, LLC subsidiary and the CNSide® CSF Assay Platform. Press releases describe new state laboratory licenses, national coverage agreements with major payors, and real-world utilization metrics for the CNSide cerebrospinal fluid Tumor Cell Enumeration test used in managing leptomeningeal metastases.
Investors following PSTV can also expect announcements on financing and listing matters, such as public offerings of common stock and warrants, purchase agreements with institutional investors, and updates on Nasdaq listing compliance related to minimum bid price and equity standards. Corporate governance items, including proxy statements and stockholder meeting results, appear in both news and SEC filings.
This news page aggregates these updates so readers can track Plus Therapeutics’ clinical milestones, diagnostic platform expansion, regulatory communications, and capital markets events in one place. For those researching PSTV, it provides context on how the company is advancing its CNS cancer programs and managing its public company obligations over time.
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Plus Therapeutics, Inc. (Nasdaq: PSTV) announced its Q1 2023 financial results and key milestones including the completion of Part A of the ReSPECT-LM trial. Cash balance decreased to $12.7 million from $18.1 million at year-end 2022. The company recorded $506,000 in grant revenue and total operating expenses rose to $5.2 million, attributed mainly to a $750,000 license payment. The net loss for the quarter was $4.8 million or $(0.14) per share. Looking ahead, the company aims to publish ReSPECT-GBM Phase 1 data and expand enrollment in ongoing trials, with a focus on capital efficiency through potential grant funding.
Plus Therapeutics (PSTV) has completed enrollment for Cohort 8 in the ReSPECT-GBM Phase 1/2a clinical trial, focusing on rhenium (186Re) obisbemeda for treating recurrent glioblastoma (GBM). A total of 27 patients have been treated in the dose escalation phase. In this latest cohort, patients with large tumors received a dose of 41.5 mCi in 16.34 mL. Plus is also advancing a Phase 2b trial for patients with small- to medium-sized tumors, offering retreatment options for some. The absorbed dose achieved was up to 740 Gray, indicating strong targeting capabilities. The FDA has granted Orphan Drug and Fast Track designations for the treatment. Additional safety and efficacy data will be shared with FDA and at future medical meetings.
Plus Therapeutics, Inc. (Nasdaq: PSTV), a clinical-stage pharmaceutical company focused on targeted radiotherapeutics for central nervous system cancers, announced that Dr. Norman LaFrance will present at the Canaccord Genuity Horizons in Oncology Virtual Conference on April 20, 2023, at 1:00 p.m. ET. The panel will discuss 'Emerging Approaches to Radiotherapy: Plus Therapeutics & Y-mAbs Therapeutics.' Plus Therapeutics specializes in developing treatments for challenging conditions like recurrent glioblastoma and leptomeningeal metastases through innovative techniques combining image-guided local beta radiation and targeted drug delivery. The company has established a solid supply chain via strategic partnerships, ensuring the advancement and potential commercialization of its therapies.