Guggenheim Sticks to Its Hold Rating for Boundless Bio Inc. (BOLD)
Analyst Rating: Guggenheim analyst Michael Schmidt has maintained a Hold rating on Boundless Bio Inc., with the company's shares closing at $1.50, while the consensus remains a Hold.
Company Performance: Boundless Bio has experienced significant fluctuations in its stock price over the past year, reaching a high of $14.72 and a low of $1.42, with an average trading volume of 73.36K.
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Boundless Bio Reports Second Quarter 2025 Financial Results and Business Highlights
POTENTIATE Trial Enrollment: Boundless Bio has opened enrollment for the BBI-355 and BBI-825 combination arm of the POTENTIATE trial, expecting to deliver initial proof-of-concept clinical data within its cash runway timeline.
Financial Overview: The company reported a net loss of $15.7 million for Q2 2025, with $127 million in cash supporting operations through expected clinical readouts into 2028.
Rice Biotech Launch Pad welcomes Carolyn Ng to external advisory board
Appointment of Carolyn Ng: Carolyn Ng has been appointed to the external advisory board of the Rice Biotech Launch Pad, bringing her extensive experience in biotech and company building to support the accelerator's mission of translating health and medical technology discoveries into effective therapies.
Role of the Rice Biotech Launch Pad: The Rice Biotech Launch Pad aims to expedite the transition of innovative research from Rice University into clinical studies and commercialization, contributing to Houston's growth as a leading biotech hub.