Welcome to our dedicated page for Beyond Air news (Ticker: XAIR), a resource for investors and traders seeking the latest updates and insights on Beyond Air stock.
Beyond Air Inc (NASDAQ: XAIR) is a clinical-stage medical technology company pioneering nitric oxide delivery systems for respiratory care. This news hub provides investors and healthcare professionals with essential updates on regulatory milestones, clinical trial progress, and technological advancements related to the LungFit™ platform.
Access timely press releases covering FDA communications, partnership announcements, and research developments in pulmonary hypertension treatment. Our curated collection includes updates on international regulatory strategies and peer-reviewed study publications, offering critical insights into the company's position within the respiratory therapy market.
Key content categories include clinical trial results, device approval updates, executive leadership changes, and scientific conference presentations. This resource enables stakeholders to track the company's progress in developing NO-based solutions for ventilator-associated pneumonia and chronic lung conditions.
Bookmark this page for streamlined access to material developments affecting XAIR's market position. For comprehensive analysis of how these updates may influence investment decisions, consult your financial advisor and review official SEC filings.
Beyond Air, Inc. (NASDAQ: XAIR) is a clinical-stage company focusing on inhaled nitric oxide therapies for respiratory conditions. CEO Steve Lisi will attend two virtual investor conferences in July 2021: the Ladenburg Thalmann Annual Healthcare Conference from July 13-14 and the William Blair Biotech Focus Conference from July 14-15. Management will engage in a fireside chat and available for one-on-one meetings during these events. The company is advancing its LungFit® system for treating severe respiratory infections and solid tumors.
Beyond Air submitted its first PMA application to the FDA for LungFit® PH to treat persistent pulmonary hypertension of the newborn, aiming for a commercial launch in Q4 2021. The company appointed industry veterans to its commercial team and presented positive data for high-concentration nitric oxide in patients with viral lung infections. Financially, it reported $873K in revenue for FY 2021, down from $1.4M in FY 2020, with a net loss of $22.9M or ($1.27) per share. Upcoming milestones include expected FDA approval for LungFit® PH by late Q3 2021.
Beyond Air (NASDAQ: XAIR) has secured full global rights to LungFit® PH after reaching an agreement with Circassia Group. The deal involves repaying $10.5 million in upfront payments over two years, post-FDA approval, with future royalties capped at $6 million. LungFit® PH aims to be the first product using ambient air to generate nitric oxide for treating pulmonary conditions. The company anticipates a US launch later this year, with CE Mark expected in the EU. As of April 30, 2021, Beyond Air reported $34.9 million in cash and a quarterly spend of $5 million.
Beyond Air, Inc. (NASDAQ: XAIR) has announced its upcoming financial results for the fourth fiscal quarter and the year ending March 31, 2021, set to be reported on June 10, 2021. A conference call will follow at 4:30 PM ET, allowing the management to discuss outcomes and expectations regarding their innovative LungFit® device, designed for the delivery of nitric oxide to treat various respiratory conditions and solid tumors. The company is advancing its clinical trials targeting severe lung infections and pulmonary hypertension.
Beyond Air announced the appointments of Rebecca Van Doren as Head of Sales and Kori-Ann Taylor as Head of Marketing, both bringing decades of experience in the nitric oxide market.
These strategic hires aim to bolster the LungFit® PH launch in the US. Van Doren has over 20 years of experience, previously leading nitric oxide commercialization at Ikaria and Mallinckrodt, while Taylor has a robust marketing background in healthcare. Their expertise is expected to enhance sales and marketing strategies, positioning Beyond Air favorably in the competitive respiratory market as they prepare for the upcoming launch.
Beyond Air, Inc. (NASDAQ: XAIR) reported positive interim results from its ongoing pilot study using 150 ppm nitric oxide (NO) via LungFit® PRO for treating acute viral pneumonia, including COVID-19. The study showed that NO treatment was well-tolerated, with no treatment-related adverse events identified. In addition, data from three bronchiolitis pilot trials indicated a favorable safety profile and consistent efficacy. The firm is preparing for a pivotal study based on these encouraging signals supporting further development of LungFit® PRO in hospitalized patients with viral pneumonia.
Peter Senior Appointed Director of Business Development at Beyond Air
Beyond Air, Inc. (NASDAQ: XAIR) has announced the appointment of Peter Senior as Director of Business Development. Senior, with 26 years of experience at Linde plc, brings extensive knowledge in the global gas business, particularly in nitric oxide. His leadership is expected to enhance the development of the LungFit® product line, which focuses on treating respiratory conditions and solid tumors. The company aims to secure international partnerships to further advance its innovative therapeutic technologies.
Beyond Air, Inc. (NASDAQ: XAIR) has announced that CEO Steve Lisi will participate in two virtual investor conferences in May 2021. The first event is the 7th Annual Truist Securities 2021 Life Sciences Summit on May 4-5, where Lisi will engage in a fireside chat on May 4 at 11:20 AM ET. The second event is the Oppenheimer MedTech Summit on May 26, where he will be available for virtual 1-on-1 meetings. Beyond Air specializes in developing inhaled nitric oxide for respiratory conditions and is advancing its LungFit® system for treating serious lung infections.
Beyond Air, Inc. (NASDAQ: XAIR) announced its participation in the American Thoracic Society International Conference 2021, presenting two abstracts on inhaled nitric oxide. The first abstract evaluates the efficacy and safety of inhaled nitric oxide for treating acute bronchiolitis, while the second focuses on its potential in treating COVID-19 and other viral pneumonias in adults. The conference is scheduled virtually from May 14-19, 2021. Beyond Air is advancing its innovative LungFit® system, designed for delivering nitric oxide for various pulmonary conditions.
Beyond Air, Inc. (NASDAQ: XAIR) has announced that CEO Steve Lisi will participate in two virtual investor conferences in March 2021. The conferences are the 33rd Annual Roth Conference, scheduled from March 15-17, and the Oppenheimer 31st Annual Healthcare Conference on March 16-18, with Lisi presenting on March 16 at 9:20 AM ET. Beyond Air focuses on developing inhaled nitric oxide treatments for serious lung infections and pulmonary hypertension, utilizing their innovative LungFit™ system.
FAQ
What is the current stock price of Beyond Air (XAIR)?
What is the market cap of Beyond Air (XAIR)?
