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UroGen Pharma Ltd. (Nasdaq: URGN) is a clinical-stage biopharmaceutical company dedicated to developing innovative non-surgical treatments for urological conditions, particularly uro-oncology. The company is headquartered in Ra’anana, Israel, with its U.S. headquarters in New York.
UroGen’s core technology, RTGel™, is a proprietary sustained-release, hydrogel-based platform designed to improve drug delivery and efficacy. By prolonging the exposure of the urinary tract tissue to medications, RTGel™ aims to make local therapies more effective. This innovative approach addresses significant unmet needs in the field of urology.
The company’s lead product candidates include Mitogel™ (mitomycin urothelial gel) and Vesigel™ (mitomycin intravesical gel). Both products target non-surgical tumor ablation in non-muscle invasive urothelial cancers. Mitogel™ is specifically designed to treat low-grade upper tract urothelial carcinoma, while Vesigel™ aims to treat bladder cancer.
Additionally, UroGen's commercial product, Jelmyto (mitomycin) for pyelocalyceal solution, has shown promise in treating patients. Their investigational candidate, UGN-102 (mitomycin) for intravesical solution, is in development for bladder cancer treatment.
UroGen is also advancing its immuno-uro-oncology pipeline with UGN-301 (zalifrelimab), an anti-CTLA-4 antibody, which is being explored for both monotherapy and combination therapy.
Through strategic partnerships, cutting-edge research, and a commitment to addressing complex medical challenges, UroGen Pharma continues to push the boundaries in the treatment of urothelial diseases.
UroGen Pharma (Nasdaq: URGN) has appointed Chris Degnan as its new Chief Financial Officer, succeeding Don Kim. Degnan brings extensive experience as a publicly traded biotech CFO, with expertise in financial strategy, investor relations, SEC reporting, accounting, and compliance. He joins UroGen from previous roles at Galera Therapeutics and Verrica Pharmaceuticals.
As part of his appointment, Degnan received an inducement grant of restricted stock units covering 13,450 ordinary shares and a stock option to purchase up to 74,142 ordinary shares at an exercise price of $13.11. These awards will vest over three years, subject to Degnan's continued service with UroGen.
UroGen's CEO, Liz Barrett, expressed confidence in Degnan's ability to contribute to the company's growth, particularly as they prepare to launch UGN-102, a potential first-in-class product for the treatment of low-grade intermediate-risk non-muscle-invasive bladder cancer (LG-IR-NMIBC).
UroGen Pharma (Nasdaq: URGN) has announced the dosing of the first patient in the Phase 3 clinical trial of UGN-103, a next-generation mitomycin-based formulation for treating low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The UTOPIA study aims to enroll 87 patients, evaluating the efficacy and safety of UGN-103.
Key points:
- UGN-103 uses UroGen's proprietary RTGel® platform technology
- The FDA accepted the Investigational New Drug Application for UGN-103 in April 2024
- UroGen completed the New Drug Application submission for UGN-102 ahead of schedule
- Potential FDA approval for UGN-102 is expected in early 2025, pending acceptance and priority review
The UTOPIA study will assess the complete response rate at the three-month visit, with patients receiving 75 mg of UGN-103 via intravesical instillation once a week for 6 weeks.
UroGen Pharma (Nasdaq: URGN) has received a Notice of Allowance from the USPTO for a patent application covering its RTGel® technology combined with medac's lyophilized mitomycin formulation. This patent, set to expire in December 2041, will protect UroGen's UGN-103 and UGN-104 development programs for treating low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC) and low-grade upper tract urothelial cancer (LG-UTUC), respectively.
The company believes this combination has potential advantages in production, cost, supply, and patient convenience. UroGen recently entered a licensing agreement with medac for these programs, and the FDA has accepted the IND application for UGN-103. Clinical sites are being onboarded for the UGN-103 study, with a similar study for UGN-104 expected to commence in early 2025.
UroGen Pharma (Nasdaq: URGN), a biotech company focused on urothelial and specialty cancers, has announced the granting of inducement restricted stock units (RSUs) to 19 new employees. These RSUs, convertible into up to 71,800 ordinary shares of UroGen, are designed to support the commercialization of Jelmyto® and the company's pipeline development. The RSUs will vest equally over three years, with one-third vesting annually, contingent on continued employment. Granted under UroGen's 2019 Inducement Plan and in compliance with Nasdaq Listing Rule 5635(c)(4), these RSUs serve as an inducement for new hires joining the company.
UroGen Pharma (Nasdaq: URGN), a biotech company focused on urothelial and specialty cancers, has announced its participation in two upcoming investor conferences. The company will engage in fireside chats at:
1. The H.C. Wainwright 26th Annual Global Investment Conference on September 9th, 2024, at 9:00am ET in New York, NY.
2. The 2024 Cantor Global Healthcare Conference on September 18, 2024, at 3:40pm ET, also in New York, NY.
Webcasts of both events will be accessible through UroGen's website investor section, with replays available for approximately 90 days. This participation provides investors an opportunity to gain insights into UroGen's innovative cancer treatment solutions and business strategies.
UroGen Pharma (Nasdaq: URGN) has submitted a New Drug Application (NDA) for UGN-102, a potential first FDA-approved treatment for low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The company anticipates possible FDA approval in early 2025, pending acceptance and priority review. The NDA is supported by the Phase 3 ENVISION study, which demonstrated a 79.6% complete response rate at three months and an 82.3% 12-month duration of response. UGN-102 aims to provide an alternative to repeated surgeries, offering potential quality of life benefits and clinically meaningful recurrence-free intervals for patients with this challenging disease.
UroGen Pharma (NASDAQ: URGN) reported Q2 2024 financial results and business highlights. Key points include:
- UGN-102 NDA submission ahead of schedule, with potential FDA decision by Q1 2025
- JELMYTO Q2 2024 net product revenues of $21.8 million
- Cash position of $241.3 million as of June 30, 2024
- UGN-102 Phase 3 ENVISION trial showed 82.3% Duration of Response at 12 months
- Net loss of $33.4 million or ($0.91) per share in Q2 2024
The company is preparing for potential UGN-102 approval and launch, targeting a $5 billion market opportunity in low-grade intermediate-risk non-muscle invasive bladder cancer.
UroGen Pharma (Nasdaq: URGN), a biotech company focused on urothelial and specialty cancers, has announced it will release its second quarter 2024 financial results on Tuesday, August 13, 2024, before the stock market opens. The company will host a live audio webcast and conference call at 10:00 AM Eastern Time on the same day to discuss the results. Investors can access the webcast through UroGen's Investor Relations website, where a replay will be available for approximately 30 days after the event. This announcement provides an opportunity for stakeholders to gain insights into UroGen's financial performance and future outlook.
UroGen Pharma (Nasdaq: URGN) announced the pricing of an underwritten public offering of 5,000,000 ordinary shares at $17.50 per share, alongside pre-funded warrants for 1,142,857 shares at $17.499 per warrant. The gross proceeds are expected to be around $107.5 million before deductions. Underwriters have a 30-day option to buy an additional 921,428 shares. The offering is set to close on June 20, 2024, pending customary conditions. TD Cowen and Guggenheim Securities are joint book-running managers, with Oppenheimer & Co., Ladenburg Thalmann, and H.C. Wainwright & Co. also involved. The offering is based on a shelf registration statement filed with the SEC, effective since November 29, 2022.
UroGen Pharma (Nasdaq: URGN), a biotech firm focused on treating urothelial and specialty cancers, announced the start of an underwritten public offering of its ordinary shares and pre-funded warrants. The offering's completion and terms depend on market conditions. UroGen plans to grant underwriters a 30-day option to buy an additional 15% of the total shares offered, including pre-funded warrants. TD Cowen and Guggenheim Securities will act as joint book-running managers, while Oppenheimer & Co. and Ladenburg Thalmann will serve as lead and co-managers, respectively. The offering is being made under a shelf registration statement filed with the SEC, effective as of November 29, 2022. Copies of related documents can be obtained from TD Securities or Guggenheim Securities.
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