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BBIO News and Press, BridgeBio Pharma Inc. From 11/09/22

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Company Name: BridgeBio Pharma Inc.
Stock Symbol: BBIO
Market: NYSE
Website: bridgebio.com

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BBIO - BridgeBio Pharma to Participate in November Investor Events

PALO ALTO, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a commercial-stage biopharmaceutical company focused on genetic diseases and cancers, today announced that members of the management team wi...

BBIO - BridgeBio Pharma GAAP EPS of -$0.93 beats by $0.06, revenue of $0.34M misses by $4.33M

BridgeBio Pharma press release ( NASDAQ: BBIO ): Q3 GAAP EPS of -$0.93 beats by $0.06 . Revenue of $0.34M (-85.5% Y/Y) misses by $4.33M . Cash, cash equivalents and marketable securities, excluding restricted cash, decreased by $130.3 million when compared to t...

BBIO - BridgeBio Pharma, Inc. Reports Third Quarter 2022 Financial Results and Business Update

- Reported positive preclinical data for its next-generation KRAS G12C GTP/GDP dual inhibitor development candidate, BBO-8520, and for its novel PI3Kα:RAS breaker mechanism in late lead optimization - Reported positive updated 12-month Phase 2 data for BBP-4...

BBIO - BridgeBio Pharma Highlights its RAS Precision Oncology Portfolio and Shares Compelling Data from Next-generation G12C Inhibitor and Novel PI3K?:RAS Breaker Mechanism at the Fourth RAS Initiative Symposium

- BridgeBio to host investor call today (October 17, 2022) at 1:30 pm ET to discuss its two most advanced RAS precision oncology programs – KRAS G12C GTP/GDP dual inhibitor development candidate BBO-8520, and its novel PI3Kα:RAS breaker mechanism ...

BBIO - Week In Review: Jemicare Out-Licenses Prostate Cancer Therapy To Roche For $650 Million

Summary China pharma company Jinxi Jemincare out-licensed global rights for its androgen receptor degrader to Roche in a $650 million agreement. The oral small-molecule candidate, developed in Jemincare’s R&D center, is currently in preclinical testing. Shanghai IASO Bi...

BBIO - BridgeBio reports good phase 2 results on candidate for limb-girdle muscular dystrophy

Updated data from a phase 2 trial found that BridgeBio Pharma's ( NASDAQ: BBIO ) BBP-418 led to i mprovements over 12 months in those with limb-girdle muscular dystrophy type 2i (LGMD2i) . Results showed that after 12 months of treatment, there was increased glycosylat...

BBIO - BridgeBio Pharma Presents 12-month Results from Phase 2 Study of BBP-418 in Limb-Girdle Muscular Dystrophy Type 2i (LGMD2i)

Novel assay developed to assess the extent of alpha-dystroglycan ( ⍺ DG) glycosylation, the core pathology of LDMD2i, from muscle biopsy samples Increase in the ratio of glycosylated αDG to total αDG from baseline towards normal levels, suggestin...

BBIO - BridgeBio Pharma Presents Updated Positive Data from its BBP-812 Canavan Disease Gene Therapy Program at the 51st Annual Meeting of the Child Neurology Society

- Robust post-dosing changes continue to be seen in key markers associated with severity of disease - Pharmacodynamic data from the first three participants show sustained reductions in N-acetylaspartate (NAA) in the brain and urine, suggesting that the investigational therapy i...

BBIO - BridgeBio stock rises as BBP-398, Lumakras combo for lung cancer gets FDA fast track status

BridgeBio Pharma ( NASDAQ: BBIO ) stock rose ~4% on Oct. 11 after the company said the the U.S. Food and Drug Administration (FDA) granted fast track designation to BBP-398 in combination with Amgen's ( NASDAQ: AMGN ) Lumakras for adult patients with previously...

BBIO - BridgeBio Pharma Announces First Lung Cancer Patient Dosed in Phase 1/2 Trial and US FDA Fast Track Designation for SHP2 inhibitor BBP-398 in Combination with Amgen's LUMAKRAS® (sotorasib)

- BBP-398, an investigational SHP2 inhibitor, is a potentially optimal agent for use in combination therapies given its continuous, once-daily dosing in addition to synergistic activity with other agents to treat cancers driven by KRAS G12C mutations - The combination of investi...

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