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TransCode Therapeutics (RNAZ) Stock News, Apr-Jul 2023

RNAZ Nasdaq

TransCode Therapeutics, Inc. develops RNA and immuno-oncology therapeutics for high-risk and advanced cancers. News about RNAZ centers on its lead candidate TTX-MC138, an antagomiR targeting microRNA-10b, along with preclinical publications, IND-related clinical updates, research collaborations and sponsored research tied to RNA-targeted oncology.

Company updates also cover additions to its early-stage oncology pipeline, including adenovirus-based oncolytic immunotherapy candidates UIO-524, UIO-525 and UIO-526, as well as governance changes involving its board and scientific advisory structure. Capital-structure announcements, material agreements and operating or financial results are recurring disclosure themes for this clinical-stage biotechnology issuer.

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TransCode Therapeutics (NASDAQ: RNAZ) has received approval from the Dana Farber Cancer Institute Institutional Review Board (IRB) to advance its First-in-Human (FIH) Phase 0 clinical trial for TTX-MC138, targeting metastatic lesions in advanced solid tumors. The trial will assess delivery and pharmacokinetics of TTX-MC138 in up to 12 cancer patients. TTX-MC138 inhibits microRNA-10b, a key regulator of metastasis. Preclinical studies show promising results: complete elimination of local metastases in triple-negative breast cancer models and significant regression in pancreatic adenocarcinoma. This trial, conducted under an exploratory Investigational New Drug application, aims to generate critical data for future clinical studies, although it is not designed to demonstrate therapeutic effect. CEO Michael Dudley expressed optimism about the potential impact on cancer treatment.

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TransCode Therapeutics (NASDAQ: RNAZ) announced the submission of a provisional patent application titled "Nanoparticles Comprising Payloads and Their In Vivo Delivery" (U.S. patent application 63/456,602) aimed at enhancing its TTX therapeutic delivery platform. This technology seeks to overcome challenges in delivering RNA therapeutics to tumors, which have been hindered by systemic inflammation and toxicity. The application expands the platform's capabilities to include gene editing and mRNA vaccines. CEO Michael Dudley emphasized that this innovation positions TransCode as a leader in targeted delivery systems. The new patent application aligns with the company's goal of providing personalized therapy for cancer patients and adds to its existing intellectual property portfolio, which includes several granted patents.

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FAQ

What is the current stock price of TransCode Therapeutics (RNAZ)?

TransCode Therapeutics (RNAZ) last closed at $1.68.

What is the market cap of TransCode Therapeutics (RNAZ)?

The market cap of TransCode Therapeutics (RNAZ) is approximately $28.4M.