tedpeele
1年前
1.52 - exceptional news today:
02/24/2025 - 07:00 AM
Data confirms Versamune® HPV has potential as a broadly effective treatment of HPV16-associated cancers – Initiation of Phase 3 trial in HPV16-positive HNSCC planned for Q1 2025
Versamune® HPV + CRT was associated with greater and earlier clearance of blood-circulating HPV16-positive cancer cells (circulating tumor DNA/ctDNA) vs. CRT alone
100% of patients with locally advanced HPV16 cervical cancer treated with Versamune® HPV + CRT had no detectable HPV16 ctDNA at 3-4 months vs. 50% of patients on standard-of-care CRT
Undetectable HPV ctDNA at 3-4 months was associated with improved 2-year recurrence-free survival (RFS) of 93% vs only 30% in patients with detectable HPV ctDNA
PRINCETON, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced the publication of circulating tumor DNA (ctDNA) results for its lead immunotherapy candidate, Versamune® HPV, in Clinical Cancer Research, a journal of the American Association for Cancer Research.
The trial demonstrated that Versamune® HPV was associated with greater and earlier clearance of HPV16-positive cancer cells from the bloodstream in patients with locally advanced cervical cancer. Notably, the elimination of HPV16-positive ctDNA correlated with extended patient survival without cancer recurrence, reinforcing its potential to improve long-term outcomes. The data underscore the potential of Versamune® HPV in HPV16-positive cancers as the Company prepares to initiate a Phase 3 clinical trial for Versamune® HPV in HPV16-positive head and neck squamous cell carcinoma (HNSCC) in the first quarter of this year.
“These findings highlight the transformative potential of Versamune® HPV in broadly treating various HPV16-associated cancers. Combining Versamune® HPV with chemoradiation (CRT) was linked to rapid HPV16 ctDNA decline,” said Frank Bedu-Addo, PhD, President and Chief Executive Officer of PDS Biotech. “We believe that such results showing a strong correlation between a biomarker such as ctDNA and survival may allow us to initiate discussions with the U.S. Food and Drug Administration regarding the potential for an accelerated regulatory pathway such as Breakthrough Therapy designation in cervical cancer. We also think this finding that links the reduction of ctDNA level with improved survival may apply to other HPV16-positive cancers like HNSCC. This endpoint is currently included within our VERSATILE-003 Phase 3 clinical trial.”
A total of 66 patients with locally advanced cervical cancer were enrolled, with 49 receiving CRT and 17 receiving a combination of CRT and Versamune® HPV. Patient blood was collected at baseline, weeks 1, 3, and 5 of CRT, and 3 to 4 months after CRT to measure HPV ctDNA. MRI was performed at baseline and before brachytherapy to determine tumor shrinkage.
Median follow-up was 23 months. At 3-4 months follow-up, 5/5 (100%) HPV16-positive patients receiving CRT + Versamune® HPV had no detectable HPV16-positive ctDNA, whereas 3/6 (50%) of patients receiving only CRT had no detectable ctDNA.
HPV ctDNA clearance at 3-4 months correlated with better 2-year recurrence free survival (RFS) (92.9% vs. 30%, log-rank; P = 0.0067). The strongest predictor of RFS was HPV ctDNA clearance at 3-4 months follow-up, achieving a concordance index score of 0.83.
The 36-month overall survival (OS) and progression free survival rates were earlier reported to be 100% for the 8 patients in the trial who received 5 doses of Versamune® HPV + CRT and an 84.4% 36-month OS rate for 17 patients who received at least 2 doses of Versamune® HPV + CRT.
About PDS Biotechnology
PDS Biotechnology is a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers. The Company plans to initiate a pivotal clinical trial to advance its lead program in advanced HPV16-positive head and neck squamous cell cancers. PDS Biotech’s lead investigational targeted immunotherapy Versamune® HPV is being developed in combination with a standard-of-care immune checkpoint inhibitor, and also in a triple combination including PDS01ADC, an IL-12 fused antibody drug conjugate (ADC), and a standard-of-care immune checkpoint inhibitor.
rolvram
2年前
PDS Biotech to Host Key Opinion Leader Event on December 17 at 12 p.m. ET
PDS Biotechnology Corporation
Tue, December 3, 2024 at 8:00 AM EST 7 min read
In This Article:
PDSB
+0.92%
PDS Biotechnology Corporation
PDS Biotechnology Corporation
Discussion topics to include pathology and prevalence of HPV16-positive head and neck cancer, VERSATILE-003 Phase 3 clinical trial design and initiation
PRINCETON, N.J., Dec. 03, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced a Key Opinion Leader (“KOL”) event to discuss the pathology and growing prevalence of HPV16-positive head and neck squamous cell carcinoma (“HNSCC") as well as the Company’s upcoming VERSATILE-003 Phase 3 clinical trial of Versamune® HPV + pembrolizumab for first-line treatment of recurrent and/or metastatic HPV16-positive HNSCC.
The KOL event will take place on Tuesday, December 17, 2024, at 12 p.m. ET and panel participants include:
Francis “Frank” Worden, M.D., Rogel Cancer Center, University of Michigan
Kevin Harrington, MBBS, Ph.D., The Institute of Cancer Research, United Kingdom
The event will be moderated by Kirk Shepard, M.D., PDS Biotech’s Chief Medical Officer.
Webcast and Registration Details
Date: Tuesday, December 17, 2024
Time: 12 p.m. - 1:30 p.m. ET
rolvram
2年前
PDS Biotechnology Corp (PDSB) Q3 2024 Earnings Call Highlights: Navigating Financial Challenges ...
GuruFocus News
November 15, 2024 4 min read
Net Loss: Approximately $10.7 million or $0.29 per basic and diluted share for Q3 2024.
Net Loss Comparison: $10.8 million or $0.35 per basic and diluted share for Q3 2023.
Research and Development Expenses: Increased to approximately $6.8 million for Q3 2024, up from $6.4 million in Q3 2023.
General and Administrative Expenses: Decreased to approximately $3.4 million for Q3 2024, from $4.1 million in Q3 2023.
Operating Expenses: Decreased to approximately $10.2 million for Q3 2024, down from $10.5 million in Q3 2023.
Net Interest Expenses: Increased to approximately $0.5 million for Q3 2024, up from $0.3 million in Q3 2023.
Cash and Cash Equivalents: Totaled approximately $50 million as of September 30, 2024.
Warning! GuruFocus has detected 1 Warning Sign with PDSB.
Release Date: November 14, 2024
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Strong interest from investors and investigators in the VERSATILE-003 Phase III trial, indicating confidence in the study's potential.
Updated VERSATILE-003 trial design aims to reduce costs and time to achieve interim data readout while maintaining statistical power.
Encouraging data from the VERSATILE-002 study shows improved median overall survival and objective response rates compared to pembrolizumab alone.
Positive feedback from key opinion leaders and oncologists supports the potential of Versamune HPV as a targeted immunotherapy for HPV16-positive head and neck cancer.
PDS Biotechnology Corp (NASDAQ:PDSB) has a solid financial position with approximately $50 million in cash and cash equivalents as of September 30, 2024.
Negative Points
The net loss for the quarter was approximately $10.7 million, indicating ongoing financial challenges.
Research and development expenses increased, primarily due to higher manufacturing costs, which could impact future financial performance.
The evolving clinical trial landscape, including Merck's KEYNOTE-689 trial, presents potential competitive challenges.
The company faces uncertainties related to FDA approval timelines and the impact of other treatments on their target population.
The need for additional capital to expand the number of trial sites for VERSATILE-003 could delay broader trial implementation.
Q & A Highlights
Q: When would you expect an interim look at your VERSATILE-003 data, and what's your latest thinking on the opportunity for VERSATILE-003 given the changing landscape? A: We expect to start the VERSATILE-003 trial in the first quarter of 2025, with an interim data readout approximately 6 months after completing enrollment, which we estimate will take about 18 months. Regarding the landscape, despite the KEYNOTE-689 trial, our target population of HPV16-positive patients remains unaffected, as these patients are typically not candidates for surgery, which is a criterion for KEYNOTE-689.
Q: Are there plans for a Phase III trial for IMMUNOCERV, and how do you position yourself against Merus' EGFR bi-specific in first-line head and neck cancer? A: We are encouraged by the IMMUNOCERV data and are consulting with key opinion leaders to determine the next steps. Regarding Merus, their approach is different, focusing on EGFR antibodies. Our focus is on HPV16-specific head and neck cancer, with promising data showing significant tumor shrinkage and durability of response.
Q: What is the status of the VERSATILE-003 trial arm with the combination of Versamune HPV, pembrolizumab, and PDS01ADC? A: The FDA agreed that the fastest path to approval is focusing on the two-arm study of Versamune HPV and pembrolizumab. We will conduct dose optimization for PDS01ADC in parallel and determine the best timing to add it to the study.
Q: How do you view the impact of Merus' data on your strategy, given their high objective response rate in HPV-positive patients? A: While Merus' data is impressive, our focus is on overall survival, which the FDA emphasizes as the endpoint for approval. Our data shows significant tumor shrinkage and durability, with 21% of patients experiencing near-complete tumor elimination, which is unparalleled.
Q: What are the next steps for the development of Versamune HPV for cervical cancer following the promising IMMUNOCERV trial results? A: We are reviewing the data with key opinion leaders to determine the next steps for Versamune HPV in cervical cancer. The results are encouraging, showing high overall survival and progression-free survival rates, and we aim to position the product effectively in the cervical cancer space.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.
rolvram
2年前
PDS Biotechnology (PDSB) Upgraded to Strong Buy: Here's What You Should Know
Zacks Equity Research
October 22, 2024 3 min read
In This Article:
PDSB
+3.83%
PDS Biotechnology (PDSB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
Therefore, the Zacks rating upgrade for PDS Biotechnology basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for PDS Biotechnology imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.
Earnings Estimate Revisions for PDS Biotechnology
For the fiscal year ending December 2024, this biotechnology company is expected to earn -$1.24 per share, which is a change of 10.8% from the year-ago reported number.
Analysts have been steadily raising their estimates for PDS Biotechnology. Over the past three months, the Zacks Consensus Estimate for the company has increased 15.4%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
The upgrade of PDS Biotechnology to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
James salmon
2年前
PRINCETON, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that the Company will host a conference call to provide a clinical program update on Thursday, August 1, 2024, at 8:00 a.m. ET.
tw0122
3年前
Can it run more??
https://ycharts.com/companies/PDSB/news
.. 12/28 ..PDS Biotech Reports Median Overall Survival (OS) of 21 Months in Advanced, Refractory Cancer Patients Having Few Remaining Treatment Options and with Reported Historical Survival of 3-4 months
Source: GlobeNewswire Inc.
PDS Biotechnology Corporation (Nasdaq: PDSB), a clinical-stage immunotherapy company developing a growing pipeline of targeted immunotherapies for cancer and infectious disease, today announced expanded interim data in a Phase 2 clinical trial investigating the PDS0101-based triple combination therapy in advanced human papillomavirus (HPV)-positive cancers. The triple combination of PDS0101 with the tumor-targeting IL-12 fusion protein M9241 (formerly known as NHS-IL12), and bintrafusp alfa, a bifunctional fusion protein targeting two independent immunosuppressive pathways (PD-L1 and TGF-ß), is being studied in CPI-naïve and CPI-refractory patients with advanced HPV-positive anal, cervical, head and neck, vaginal, and vulvar cancers.
The triple combination Phase 2 trial (NCT04287868) is being conducted at the Center for Cancer Research (CCR) at the National Cancer Institute (NCI), one of the Institutes of the National Institutes of Health.
All patients in the study had failed prior treatment with chemotherapy and 90% had failed radiation treatment. The interim efficacy data (n=50) involves 37 HPV16-positive evaluable patients, including 29 patients who have, in addition, failed treatment with CPIs (CPI refractory). Highlights of the expanded interim data are as follows and are consistent with the results presented at American Society of Clinical Oncology (ASCO) Annual Meeting 2022 and prior interim data announced in October:
Median OS is 21 months in 29 checkpoint inhibitor refractory patients who received the triple combination. The reported historical median OS in patients with CPI refractory disease is 3-4 months.
In CPI naïve subjects, 75% remain alive at a median follow-up of 27 months. As a result, median OS has not yet been reached. Historically median OS for similar patients with platinum experienced CPI naïve disease is 7-11 months.
Objective response rate (ORR) in CPI refractory patients who received the optimal dose of the triple combination is 63% (5/8). In current approaches ORR is reported to be less than 10%.
ORR in CPI naïve patients with the triple combination is 88%. In current approaches ORR is reported to be less than 25% with FDA-approved CPIs in HPV-associated cancers.
Safety data have not changed since October’s update. 48% (24/50) of patients experienced Grade 3 (moderate) treatment-related adverse events (AEs), and 4% (2/50) of patients experienced Grade 4 (severe) AEs, compared with approximately 70% of patients receiving the combination of CPIs and chemotherapy reporting Grade 3 and higher treatment-related AEs.
“The expanded data continue to demonstrate the durability and tolerability of the PDS0101-based triple combination therapy in advanced HPV-positive cancers, an extremely challenging population of refractory and previously untreatable HPV-positive patients,” stated Dr. Frank Bedu-Addo, President and Chief Executive Officer of PDS Biotech. “We are pleased to see the continued consistency in the data with each update and we look forward to meeting with the FDA to discuss the registrational pathway.”
Both M9241 and bintrafusp alfa are owned by Merck KGaA, Darmstadt, Germany, and its affiliates.
About PDS Biotechnology
PDS Biotech is a clinical-stage immunotherapy company developing a growing pipeline of targeted cancer and infectious disease immunotherapies based on our proprietary Versamune® and Infectimune™ T cell-activating technology platforms. We believe our targeted Versamune® based candidates have the potential to overcome the limitations of current immunotherapy by inducing large quantities of high-quality, potent polyfunctional tumor specific CD4+ helper and CD8+ killer T cells. To date, our lead Versamune® clinical candidate, PDS0101, has demonstrated the potential to reduce tumors and stabilize disease in combination with approved and investigational therapeutics in patients with a broad range of HPV-positive cancers in multiple Phase 2 clinical trials. Our Infectimune™ based vaccines have also demonstrated the potential to induce not only robust and durable neutralizing antibody responses, but also powerful T cell responses, including long-lasting memory T cell responses in pre-clinical studies to date. To learn more, please visit www.pdsbiotech.com or follow us on Twitter at @PDSBiotech.
About PDS0101
PDS Biotech’s lead candidate, PDS0101, combines the utility of the Versamune® platform with targeted antigens in HPV-positive cancers. In partnership with Merck & Co., PDS Biotech is evaluating a combination of PDS0101 and KEYTRUDA® in a Phase 2 study in first-line treatment of recurrent or metastatic head and neck cancer, and also in second line treatment of recurrent or metastatic head and neck cancer in patients who have failed prior checkpoint inhibitor therapy. A Phase 2 clinical study is also being conducted in both second- and third-line treatment of multiple advanced HPV-positive cancers in partnership with the National Cancer Institute (NCI). A third phase 2 clinical trial in first line treatment of locally advanced cervical cancer is being performed with The University of Texas, MD Anderson Cancer Center.
KEYTRUDA® is a registered trademark of Merck Sharp and Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.
James salmon
4年前
What really stands out from PR this morning;
PDS0101 for the Potential Treatment of HPV16-Positive Head and Neck Cancer
In the final KOL presentation, Dr. Jared Weiss provided a review of the ongoing Phase 2 clinical trial (VERSATILE-002) investigating PDS0101 in combination with Merck’s KEYTRUDA® (pembrolizumab) in patients with HPV16-positive recurrent and/or metastatic head and neck cancer. Dr. Weiss discussed the design of the study and data observed from 17 patients, including an objective response rate of 41.5%, clinical benefit rate of 76.5%, and an overall survival rate of 87.2% at nine months. Published results indicate the overall response rate of KEYTRUDA® alone as 19%, as noted in published reports. Dr. Jared Weiss also discussed the lack of differences in poor clinical outcomes for HPV-positive and negative patients with recurrent or metastatic disease.
Bertsllc
4年前
https://finance.yahoo.com/news/pds-biotech-announces-clinical-trial-130000756.html
GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB), a clinical-stage immunotherapy company developing novel cancer therapies and infectious disease vaccines based on the Company’s proprietary Versamune® and Infectimune™ T-cell activating technologies, today announced the initiation of an Investigator-Initiated Trial (ITT), MC200710, for PDS0101 alone or in combination with the checkpoint inhibitor, KEYTRUDA®, in patients with HPV-associated oropharyngeal cancer (HPV(+)OPSCC) at high risk of recurrence. The trial is being led by Drs. David Routman, Katharine Price, Kathryn Van Abel, and Ashish Chintakuntlawar of Mayo Clinic, a nationally and internationally recognized center of excellence for the treatment of head and neck cancers.
Desert dweller
4年前
Sorry for the lengthy post but I believe this is critical to my investment in PDS and it’s complicated but worth your time. Some of what is discussed below are facts that have been presented by the company or NCI followed by my interpretation/guess as to what it means. After you read this, you will understand why I am so excited about PDS potential, and why I believe the street is missing something incredible and why it is my largest investment.
In June 2021 we learned that 16 out of 18 HPV16++ patients were still alive at 8 months, an incredible outcome in such a difficult to treat group. This included 10/12 CPI refractory patients who are among the sickest patient population with a life expectancy of 3-4 months with current standard of care. The other 6 patients were CPI Naïve patients with a life expectancy of 7-11 months using current SoC and all of whom were still alive at 8 months. The NCI treated 7 HPV16 negative patients who did not meet the criteria for objective response, so they decided to stop treating this group. In summary, in June 2021 they reported on a total of 25 patients who were treated with the combo, 18 who are the targeted population and 7 who are not.
Last week we learned that among 37 evaluable patients (more on this below) the median survival was >12-months at 12/31/21. This is incredible when you look at the overall survival in current standard of care in this population group. Yesterday I received confirmation that the 37 patients included the 7 “off-target” HPV16 negative patients. Median means that half the patients are above a particular number and half are below. That would mean that median survival means half the patients (19) in this population survived for more than 12 months, and the other half (18) have not YET survived for at least 12 months.
At this point we don’t have the details that will come later in the year, but I believe we can infer some very important information. Here is where my speculation and interpretation of the data comes in. Please let me know if I am missing anything or not interpreting the data correctly.
The 37 evaluable patients include patients who have been treated with the combo therapy AND who have received the necessary scans to be considered evaluable, not necessarily that they were in the trial for more than 12 months at 12/31/21. This means it includes patients who were treated in 2020 AND patients who were first enrolled and treated in 2021. This is an important point to remember. Some of those who were treated and considered evaluable haven’t been in the trial for 12 months at 12/31/21 and still 19 out of 37 evaluable patients survived for more than 12 months. Think about how incredible that is but it gets even better.
When the full dataset comes out and we see the details, I believe that the >12-month survival milestone will be achieved by way more than 50% of those treated. I come to this conclusion based on the 37 patients included as evaluable. We know 7 evaluable patients were HPV16 negative. Those patients didn’t have Objective Responses to the treatment based on ASCO data and new enrollment was stopped as a result. I think since they didn’t respond we can unfortunately assume most of them did not achieve the 12-month survival milestone. This would leave 30 targeted patients included in the 37 evaluable. Remember, some of the 30 remaining were considered evaluable because they received treatment and had required scans but were first treated during 2021.
How many were first treated during 2021 and therefore couldn’t be included in the >12-month survival median? We know from ASCO that there were 18 on target patients treated for 8 months as of May 2021, meaning they were treated before 10/2020, 8 months before data cutoff for the presentation. We also know 16 out of these 18 were alive for at least 8 months and counting per ASCO.
There are 12 patients remaining in the target group (30 minus 18) that we don’t know when they were first treated. Even if we assume 1 per month for 12 months beginning 10/2020 forward, it means there were 3 patients treated in 2020 with the remaining 9 treated in 2021. If this assumption is close, that would mean that out of the 37 evaluable patients, 9 were treated in 2021 leaving 28 patients who were in the trial prior to 12/31/20.
We know 19 patients survived for more than 12 months per the HC Wainwright update where the median survival was greater than 12 months. If 19 out of 28 treated in 2020 survived for more than 12 months and 7 of the 28 were HPV16 negative, how incredible is that? Now assume most, if not all the HPV negative patients did not survive for >12 months, it would mean close to 19 out of 21 targeted patients achieved the >12-month survival milestone.
We know from the trial design that there will be 36 CPI refractory patients and 20 CPI naïve patients in the trial. The life expectancy of the refractory population is 3-4 months, and the life expectance of the naïve patients is 7-11 months. What is a reasonable assumption for the blended life expectancy of the treated group? Since there are more patients in the refractory population, using a blended average life expectancy of 5-6 months to compare to the median of > 12-months (and possibly growing) shows just how incredible the results are. This is what the street is missing.
This trial is in a very hard to treat population with a very high unmet need. When this trial completes and the data are available, how long will it take for the NCI to have meetings with the FDA for accelerated approval based on the study assuming the full data are as good as what we have seen to date? What would be a reasonable assumption for approval and more importantly, revenue coming into PDS? How is this trading at a market cap of less than a billion right now? What am I missing?
Esa
5年前
PDS0203 combines the utility of the Versamune® platform with a recombinant native Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2) protein recognizable by our immune system (antigen). The Versamune® platform, due to its unique ability to induce both antibody and T-cell responses is being utilized to develop a vaccine that may more effectively prevent COVID-19.
In January of 2020 the world saw the emergence of the COVID-19 outbreak caused by a novel coronavirus, Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2). The World Health Organization (WHO) declared COVID-19 a global health emergency in January of 2020. Within three months of initial discovery COVID-19 was declared a global pandemic, reflecting alarming levels of spread and severity and resulting in unprecedented action by local and national governments to restrict the movement of citizens to contain the spread. Building immunity to the disease is the key to stopping its spread. A COVID-19 vaccine would train the immune system to recognize and destroy the virus without the vaccinated person getting sick.
Coronaviruses mostly infect animals, including birds and mammals. In humans, they mostly cause mild respiratory infections. However, some recent human coronavirus infections have resulted in lethal endemics, which include the Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory Syndrome (MERS) endemics. Reported studies suggest that SARS-CoV-2 is similar to SARS-CoV based on analysis of the full-length genome. Various studies of SARS-CoV infection suggest a protective role of both antibody and T-cell immune responses. Multiple reports suggest that antibodies generated against SARS-CoV, were highly prevalent in SARS-CoV-infected patients. Although effective, the antibody response was determined to be short-lived in convalescent SARS-CoV patients. In contrast, T-cell responses have been shown to provide long-term protection more than ten years after infection. PDS Biotech is utilizing the unique immunological properties of Versamune® to develop a transformative vaccine that induces both antibodies and T-cells against the virus.
PDS0203 is currently in pre-clinical development.
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