Artiva Biotherapeutics announces Q3 earnings per share of 88 cents, compared to a loss of 92 cents in the same period last year.
Company Progress: Artiva has treated over a hundred patients with its AlloNK therapy, marking a significant milestone in its mission to provide immunotherapies for autoimmune diseases.
Lead Indication and FDA Designation: Refractory rheumatoid arthritis is now the lead indication for AlloNK, which has received Fast Track designation from the FDA, facilitating its development.
Upcoming Data Release: The company plans to share emerging translational and safety data supporting AlloNK's outpatient-ready profile, with clinical response data expected in the first half of 2026.
Future Plans: Artiva is preparing for FDA interactions in early 2026, aiming for AlloNK to be the first deep B-cell depleting therapy to enter pivotal trials for rheumatoid arthritis patients.
Get Free Real-Time Notifications for Any Stock
Analyst Views on ARTV
About ARTV
About the author
NanoSyrinx Appoints New CEO to Advance Nanosyringe Technology
- Leadership Change: NanoSyrinx has appointed Thomas J. Farrell as CEO, who brings over 25 years of biotherapeutics leadership and has successfully raised over $500 million for two NASDAQ-listed companies, positioning the firm for a new phase of clinical development.
- Technological Breakthrough: The new CEO will focus on building a clinical pipeline for the Nanosyringe technology, which enables precise delivery of protein therapeutics into target cells' cytosol, overcoming significant challenges in intracellular drug delivery faced by traditional methods.
- Funding Background: NanoSyrinx has secured approximately $25 million in venture financing to date, backed by prominent investors including BGF and Eli Lilly, providing robust financial support for future technology development and market expansion.
- Market Outlook: With the new CEO's leadership, NanoSyrinx aims to actively seek new partnerships to advance its Nanosyringe technology towards clinical development, which is expected to revolutionize treatment options for complex diseases.
Crude Oil Declines by More Than 1%; US Homebuilder Confidence Rises Slightly in December
U.S. Stock Market Performance: U.S. stocks experienced a decline, with the Nasdaq Composite down 0.4%, the Dow down 0.27%, and the S&P 500 falling 0.11%. Health care shares rose by 0.9%, while energy stocks dropped by 1.5%.
Equities Trading Highlights: Notable stock movements included a 47% increase for 3 E Network Technology Group after an AI data center agreement, and a 72% drop for iRobot Corp following its Chapter 11 bankruptcy filing.
Commodity Market Update: Oil prices fell by 1.5% to $56.58, while gold decreased by 0.1%. In contrast, silver rose by 2.2% and copper increased by 1.1%.
International Market Trends: European shares saw gains, with the eurozone's STOXX 600 up 0.74%, while Asian markets closed lower, including a 1.31% drop in Japan's Nikkei and a 1.34% dip in Hong Kong's Hang Seng.
