Welcome to our dedicated page for Xenetic Biosciences news (Ticker: XBIO), a resource for investors and traders seeking the latest updates and insights on Xenetic Biosciences stock.
Xenetic Biosciences Inc (NASDAQ: XBIO) is a clinical-stage biopharmaceutical leader advancing novel immuno-oncology therapies through its DNase platform and polyxen™ technology. This page provides investors and researchers with centralized access to the company’s latest developments in cancer treatment innovation.
Find timely updates on XBIO’s clinical trial progress, strategic collaborations, and regulatory milestones. Our curated collection includes press releases about orphan-designated therapies, CAR T platform advancements, and preclinical research insights – all essential for tracking the company’s contributions to targeted cancer treatments.
Key updates cover three focus areas: clinical developments in hard-to-treat cancers, technology partnerships enhancing therapeutic efficacy, and scientific publications validating novel approaches to tumor microenvironment modulation. Bookmark this page to stay informed about Xenetic’s progress in developing next-generation biologics and combination therapies.
Xenetic Biosciences (NASDAQ: XBIO) announced the closure of a private placement, raising approximately $12.5 million by issuing 4,629,630 shares at $2.70 each. The offering included warrants that could generate an additional $15.3 million if fully exercised. Proceeds will be used for general working capital. The shares were sold under a private placement exemption and the company plans to register them within 30 days. Xenetic focuses on advancing its XCART technology for cancer treatment and leveraging its PolyXen drug delivery platform.
Xenetic Biosciences (NASDAQ: XBIO) has announced a definitive agreement for a private placement with a healthcare-focused institutional investor. The transaction involves the sale of 4,629,630 shares of common stock at $2.70 per share, amounting to $12.5 million in gross proceeds. The investor will also receive warrants to purchase an equal number of shares at $3.30 per share. The placement is expected to close around July 28, 2021. The funds will be utilized for general working capital purposes, aiding the advancement of their XCART technology for cancer treatment.
Xenetic Biosciences (NASDAQ: XBIO) reported its financial results for Q1 2021, showing a net loss of approximately $1.3 million. The company is advancing its XCART platform, a personalized CAR T therapy targeting B-cell lymphomas, with an exploratory patient biopsy trial initiated in Eastern Europe. Additionally, royalty payments of $0.2 million were received from Takeda under an exclusive license agreement. Research and development expenses increased by 75.1% to $0.6 million due to XCART investments, while working capital decreased by $1.2 million to approximately $10.2 million.
Xenetic Biosciences (NASDAQ: XBIO) announced that CEO Jeffrey Eisenberg will present at the Q2 Virtual Investor Summit on May 18, 2021, at 3:30 PM ET. The event will include a live video webcast accessible on the company's IR Calendar page and will be archived for 90 days. Xenetic focuses on advancing its XCART™ personalized CAR T platform, targeting patient-specific neoantigens for B-cell lymphomas. The company also leverages its PolyXen® drug delivery platform and holds an exclusive agreement with Takeda Pharmaceuticals.
Xenetic Biosciences (NASDAQ: XBIO) announced approval for an exploratory study of its XCART platform to target Non-Hodgkin lymphoma (NHL) patients in Eastern Europe. The study aims to refine the process of neoantigen identification and CAR T candidate generation. Conducted at the Vitebsk Regional Clinical Oncological Center in Belarus, it will enroll adult B-Cell NHL patients, enabling further development of autologous CAR T-Cells. Collaborations with Scripps Research and PJSC Pharmsynthez are instrumental in advancing XCART technology, paving the way for future IND-enabling studies in the U.S.
Xenetic Biosciences (NASDAQ: XBIO) reported its 2020 financial results, highlighting advancements in its XCART™ platform aimed at targeting tumor-specific antigens, with a focus on B-cell lymphomas, representing a market opportunity exceeding $5 billion annually. The company reduced its R&D expenses to $1.7 million from $4.9 million in 2019. The net loss for 2020 was approximately $10.9 million, with cash reserves of $11.5 million. Recent partnerships aim to enhance XCART development, and the company anticipates key milestones including an exploratory study in Eastern Europe and regulatory meetings.
Xenetic Biosciences (NASDAQ: XBIO), a biopharmaceutical company, announced on March 3, 2021 that its CEO, Jeffrey Eisenberg, will present at the H.C. Wainwright Global Life Sciences Conference on March 9-10, 2021. The company focuses on advancing its XCART™ technology, designed to target specific neoantigens in tumors. A video presentation will be available on-demand starting March 9, 2021, at 7:00 AM ET. Xenetic is known for developing personalized CAR T therapies for B-cell lymphomas and utilizing its PolyXen® platform to enhance drug delivery.
Xenetic Biosciences (NASDAQ: XBIO) announced that its partner, PJSC Pharmsynthez, has filed a registration dossier for Epolong in Russia to treat anemia in chronic kidney disease patients. This follows positive Phase 3 clinical trial data demonstrating Epolong's efficacy. The collaboration utilizes Xenetic's PolyXen technology to enhance Epolong's pharmacological properties. If approved, Epolong would be the first product using PolyXen, with production expected to begin in Q1 2022. Pharmsynthez aims to complete registration by the end of 2021.
Xenetic Biosciences, Inc. (NASDAQ: XBIO) announced that its CEO, Jeffrey Eisenberg, will present at NobleCon17 on January 19, 2021, at 9:45 AM ET. The virtual conference is free to attend and will feature a high-definition video webcast of the presentation.
The company focuses on advancing XCART, a personalized CAR T platform targeting tumor-specific neoantigens for treating B-cell lymphomas. Additionally, Xenetic utilizes its proprietary PolyXen drug delivery platform to enhance biologic drugs, in partnership with other biotech firms.
Xenetic Biosciences (NASDAQ:XBIO) announced its participation in the H.C. Wainwright BioConnect 2021 Virtual Conference from January 11-14, 2021. CEO Jeffrey Eisenberg will present during a fireside chat, with a video webcast available for on-demand viewing starting January 11 at 6:00 AM ET. The company focuses on advancing its XCART™ personalized CAR T platform targeting tumor-specific neoantigens, and it leverages its PolyXen® drug delivery platform for biotech partnerships.