Artiva Biotherapeutics, Inc.(ARTV)
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Artiva Biotherapeutics Announces Positive Initial Safety and Translational Data Supporting Deep B-Cell Depletion with AlloNK® in Autoimmune Disease
Globenewswire· 2025-11-12 12:20
Core Insights - Artiva Biotherapeutics announced positive initial safety and translational data from clinical trials of AlloNK in combination with anti-CD20 monoclonal antibodies for autoimmune diseases, indicating that AlloNK is well tolerated and effective in B-cell depletion [2][3] Group 1: Treatment Efficacy and Safety - AlloNK, an allogeneic NK cell therapy, demonstrated consistent and complete B-cell depletion in all patients treated by Day 13, comparable to results seen in B-cell driven lymphoma [1][3] - No cytokine release syndrome (CRS) or immune effector cell-associated neurotoxicity syndrome (ICANS) was reported, and the treatment was generally well tolerated with most adverse events being Grade 1 or 2 [1][10] - Among 32 patients treated, all demonstrated non-quantifiable peripheral CD19+ B-cell levels by Day 13, supporting the intended mechanism of action for AlloNK [10] Group 2: Clinical Trials and Future Plans - Artiva is conducting three ongoing Phase 1 and 2 clinical trials for refractory rheumatoid arthritis (RA), Sjögren's disease, and other autoimmune conditions, with plans to share initial clinical response data in the first half of 2026 [3][10] - The company aims to align with the U.S. Food and Drug Administration (FDA) on pivotal trial design for AlloNK in refractory RA in the first half of 2026 [1][10] Group 3: Market Opportunity - There is a significant unmet need for patients with refractory RA who have failed at least two biologic or targeted synthetic disease-modifying anti-rheumatic drugs (b/ts DMARDs), representing over 150,000 patients in the U.S. [10] - Current real-world data shows only a 10-20% ACR50 response in patients who have failed two or more b/ts DMARDs, indicating room for improvement with AlloNK [10]
Artiva Biotherapeutics, Inc.(ARTV) - 2025 Q3 - Quarterly Report
2025-11-12 12:08
Financial Performance - The company reported a net loss of $63.1 million for the nine months ended September 30, 2025, compared to a net loss of $49.3 million for the same period in 2024, resulting in an accumulated deficit of $309.8 million[123]. - Net loss for the three months ended September 30, 2025, was $21.5 million, compared to a net loss of $17.5 million in 2024, an increase of $4.1 million[139]. - The net loss for the nine months ended September 30, 2025, was $63.1 million, up from a net loss of $49.3 million in 2024, indicating a deterioration in financial performance[155][156]. - Other income for the nine months ended September 30, 2025, was $4.8 million, compared to an expense of $0.3 million in 2024, a $5.0 million improvement[147]. - The company expects to incur significant operating losses for the foreseeable future as it advances its product candidates through clinical development[123]. Revenue and Financing - The company has raised a total of $222.4 million through various financing activities, including $162.3 million from its IPO, where 13,920,000 shares were sold at $12.00 per share[121]. - The company has not generated any revenue from product sales and does not expect to do so until regulatory approval is obtained, which may take several years[122]. - Cash provided by financing activities for the nine months ended September 30, 2025, was $0.1 million, a sharp decline from $162.3 million in 2024, primarily due to the absence of IPO proceeds[159][160]. Research and Development - Research and development expenses increased to $17.6 million for the three months ended September 30, 2025, up from $13.5 million in 2024, representing a $4.1 million increase[139]. - Research and development expenses for the nine months ended September 30, 2025, totaled $52.5 million, compared to $37.0 million in 2024, marking a $15.5 million increase[145]. Operating Expenses - General and administrative expenses rose to $5.3 million for the three months ended September 30, 2025, compared to $4.8 million in 2024, an increase of $0.5 million[140]. - General and administrative expenses for the nine months ended September 30, 2025, were $15.3 million, up from $12.3 million in 2024, an increase of $3.1 million[146]. - Total operating expenses for the three months ended September 30, 2025, were $22.9 million, up from $18.3 million in 2024, reflecting a $4.6 million increase[139]. - Total operating expenses for the nine months ended September 30, 2025, reached $67.9 million, compared to $49.3 million in 2024, reflecting an increase of $18.6 million[143]. Cash Flow and Investments - As of September 30, 2025, the company had cash, cash equivalents, and investments totaling $123.0 million, with an accumulated deficit of $309.8 million[149]. - The company expects existing cash and investments to fund operations into the second quarter of 2027[149]. - Net cash used in operating activities for the nine months ended September 30, 2025, was $62.0 million, compared to $40.4 million in 2024, reflecting an increase of 53.5%[155][156]. - Net cash provided by investing activities for the nine months ended September 30, 2025, was $47.4 million, a significant improvement compared to a net cash outflow of $119.5 million in 2024[157][158]. Product Development and Regulatory Status - The FDA has granted Fast Track Designation to the company's lead product candidate, AlloNK, for the treatment of refractory rheumatoid arthritis (RA) in combination with rituximab[119]. - As of November 2025, 32 patients with autoimmune diseases have been treated with AlloNK and monoclonal antibodies across various trials[117]. - The company plans to share initial safety and translational data for over 20 patients treated with AlloNK and monoclonal antibodies in mid-November 2025[119]. - The company plans to conduct FDA regulatory interactions in the first half of 2026 to align on the potential pivotal trial design for AlloNK in refractory RA[119]. Lease Obligations - The company has future remaining operating lease payments of $13.5 million as of September 30, 2025, with $0.6 million due before December 31, 2025[168]. - The Executive Drive Lease has aggregate payments of approximately $2.8 million, with a term through December 2025[162]. - The Morehouse Lease includes aggregate payments of approximately $23.2 million over an initial term of 88 months, with a tenant improvement allowance of $12.3 million[164]. - The company entered into a lease agreement for a warehouse and storage facility with aggregate payments of approximately $0.5 million, commencing March 1, 2025[167]. Miscellaneous - The company has incurred zero license and development support revenue during the three months ended September 30, 2025[125]. - As of September 30, 2025, the company is unable to estimate the timing or likelihood of achieving milestone payments under collaboration agreements[169]. - The company has no off-balance sheet arrangements as defined by SEC rules[171].
Artiva Biotherapeutics, Inc.(ARTV) - 2025 Q3 - Quarterly Results
2025-11-12 12:05
Clinical Development - Over 100 patients have been treated with AlloNK across autoimmune and oncology indications[1] - AlloNK received FDA Fast Track Designation for refractory rheumatoid arthritis (RA), marking it as the first therapy in the deep B-cell depletion category to achieve this[3] - Initial clinical response data for more than 15 refractory RA patients is expected in the first half of 2026[2] - The company plans to engage with the FDA in the first half of 2026 to discuss pivotal trial design for AlloNK in refractory RA[3] - Artiva's pipeline includes CAR-NK candidates targeting both solid and hematologic cancers[6] Financial Performance - Cash, cash equivalents, and investments totaled $123.0 million as of September 30, 2025, providing a cash runway into Q2 2027[9] - Research and development expenses increased to $17.6 million for Q3 2025, up from $13.5 million in Q3 2024[9] - General and administrative expenses rose to $5.3 million for Q3 2025, compared to $4.8 million in Q3 2024[9] - Net loss for Q3 2025 was $21.5 million, compared to a net loss of $17.5 million in Q3 2024[9] - Total operating expenses for Q3 2025 were $22.9 million, up from $18.3 million in Q3 2024[13]
Artiva Biotherapeutics Reports Third Quarter 2025 Financial Results and Recent Business Highlights
Globenewswire· 2025-11-12 12:00
Core Insights - Artiva Biotherapeutics has treated over 100 patients with AlloNK across autoimmune and oncology indications, marking a significant milestone for the company [2][6] - The FDA has granted Fast Track Designation to AlloNK for refractory rheumatoid arthritis (RA), establishing it as the first therapy in the deep B-cell depletion category to receive this designation [6][2] - Initial clinical response data for refractory RA is expected in the first half of 2026, with plans for FDA discussions to align on pivotal trial design [2][6] Company Updates - Artiva will host a webcast to discuss initial safety and translational data from clinical trials evaluating AlloNK in combination with anti-CD20 monoclonal antibodies [6][2] - The company announced a transition in its Chief Financial Officer position, with Neha Krishnamohan moving to an advisory role by the end of December 2025 [4] Financial Performance - As of September 30, 2025, Artiva reported cash, cash equivalents, and investments totaling $123.0 million, which is expected to fund operations into Q2 2027 [10][12] - Research and development expenses for Q3 2025 were $17.6 million, an increase from $13.5 million in Q3 2024 [10][14] - The net loss for Q3 2025 was $21.5 million, compared to a net loss of $17.5 million in Q3 2024 [10][14]
Artiva Biotherapeutics to Host Virtual Event Discussing Initial Safety and Translational Data in up to 32 Patients with Autoimmune Disease Treated with AlloNK®
Globenewswire· 2025-11-03 21:05
Core Viewpoint - Artiva Biotherapeutics is hosting a virtual event to discuss initial safety and translational data for its AlloNK® therapy in combination with monoclonal antibodies for autoimmune diseases, indicating a favorable tolerability profile and effective patient management in outpatient settings [1][6]. Company Overview - Artiva Biotherapeutics is a clinical-stage biotechnology company focused on developing safe and effective cell therapies for autoimmune diseases and cancers [3]. - The company's lead program, AlloNK®, is an allogeneic, off-the-shelf NK cell therapy designed to enhance the efficacy of monoclonal antibodies in driving B-cell depletion [3]. - Artiva was founded in 2019 as a spin-out from GC Cell, acquiring exclusive worldwide rights to NK cell manufacturing technology [3]. Clinical Trials and Data - Initial safety data from 32 patients treated with AlloNK + monoclonal antibody therapy shows a favorable tolerability profile and feasibility for outpatient management [1][6]. - The therapy demonstrates uniform and consistent deep B-cell depletion, supporting its intended mechanism of action [1][6]. - AlloNK is currently being evaluated in three ongoing clinical trials targeting B-cell driven autoimmune diseases, including rheumatoid arthritis and Sjögren's disease [3]. Upcoming Event - The virtual webcast will take place on November 12, 2025, at 8 a.m. ET, featuring a live Q&A session following the presentation [2][6]. - A replay of the webcast will be available on the company's website [2].
Artiva Biotherapeutics to Participate in Upcoming Investor Conferences in November
Globenewswire· 2025-10-30 20:17
Core Insights - Artiva Biotherapeutics, Inc. is a clinical-stage biotechnology company focused on developing cell therapies for autoimmune diseases and cancers [3] - The company will participate in two upcoming investor conferences, including a virtual summit and a global healthcare conference in London [1] - Artiva's lead program, AlloNK®, is a non-genetically modified NK cell therapy currently in clinical trials for B-cell driven autoimmune diseases [3] Company Overview - Artiva Biotherapeutics was founded in 2019 as a spin-out from GC Cell, gaining exclusive worldwide rights to NK cell manufacturing technology [3] - The company is headquartered in San Diego, California [4] - Artiva's pipeline includes CAR-NK candidates targeting both solid and hematologic cancers [3] Upcoming Events - Management will participate in TD Cowen's Immunology & Inflammation Summit on November 12, 2025 [1] - The company will also be present at the 2025 Jefferies Global Healthcare Conference in London on November 18, 2025 [1] - Live webcasts of the presentations will be available on Artiva's website, with replays accessible for 90 days [2]
Morning Market Movers: ARTV, AREB, AKAN, KXR See Big Swings
RTTNews· 2025-10-17 11:39
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Artiva Biotherapeutics, Inc. (ARTV) has increased by 124% to $6.22 [3] - Akanda Corp. (AKAN) is up 39% at $3.10 [3] - Kezar Life Sciences, Inc. (KZR) has risen 38% to $5.80 [3] - Carbon Revolution Public Limited Company (CREV) is also up 38% at $5.15 [3] - Safe & Green Holdings Corp. (SGBX) has increased by 28% to $3.96 [3] - Achieve Life Sciences, Inc. (ACHV) is up 23% at $3.80 [3] - Revolution Medicines, Inc. (RVMD) has risen 8% to $53.90 [3] - Erayak Power Solution Group Inc. (RAYA) is up 8% at $5.76 [3] - ProQR Therapeutics N.V. (PRQR) has increased by 7% to $3.00 [3] - Bio Green Med Solution, Inc. (BGMS) is up 6% at $4.04 [3] Premarket Losers - American Rebel Holdings, Inc. (AREB) has decreased by 41% to $2.09 [4] - Sadot Group Inc. (SDOT) is down 25% at $5.35 [4] - AVITA Medical, Inc. (RCEL) has fallen 24% to $4.04 [4] - Soluna Holdings, Inc. (SLNH) is down 23% at $3.22 [4] - American Battery Technology Company (ABAT) has decreased by 17% to $4.70 [4] - CID HoldCo, Inc. (DAIC) is down 17% at $2.16 [4] - Pinnacle Food Group Limited (PFAI) has fallen 12% to $3.12 [4] - OnKure Therapeutics, Inc. (OKUR) is down 12% at $2.52 [4] - Whitehawk Therapeutics, Inc. (WHWK) has decreased by 12% to $2.29 [4] - Aqua Metals, Inc. (AQMS) is down 7% at $14.50 [4]
Artiva Biotherapeutics Announces Refractory Rheumatoid Arthritis as Lead Indication, Upcoming Data Releases, and Corporate Update
Globenewswire· 2025-10-16 20:05
Core Insights - The company has received FDA Fast Track Designation for AlloNK® in refractory rheumatoid arthritis (RA), marking it as the first drug candidate in the deep B-cell depleting category to achieve this status in RA [1][10] - Refractory RA has been prioritized as the lead indication due to the significant unmet need, with over 100,000 patients in the U.S. remaining treatment refractory [2][10] - AlloNK is designed to enhance the efficacy of B-cell-targeting antibodies like rituximab, potentially leading to deeper and more durable B-cell depletion [3][10] Company Overview - Artiva Biotherapeutics is a clinical-stage biotechnology company focused on developing safe and effective cell therapies for autoimmune diseases and cancers [7] - AlloNK is an allogeneic, off-the-shelf, non-genetically modified NK cell therapy candidate aimed at enhancing antibody-dependent cellular cytotoxicity [7] - The company was founded in 2019 as a spin-out from GC Cell, holding exclusive worldwide rights to NK cell manufacturing technology and programs [7] Clinical Development - More than 20 patients have been treated with AlloNK in combination with monoclonal antibody therapy across various autoimmune diseases [1][10] - Upcoming data releases are expected to demonstrate consistent deep B-cell depletion and a favorable safety profile, supporting AlloNK's outpatient-ready status [1][10] - Initial safety and translational data for over 20 patients are anticipated to be shared in mid-November, with clinical response data expected in the first half of 2026 [2][10] Market Opportunity - RA affects over 1.5 million people in the U.S., with a notable subset of patients becoming refractory to existing treatments [3][10] - AlloNK's mechanism of action aims to provide a scalable and accessible solution for patients treated primarily in community rheumatology clinics [4][10] - The company plans to engage with the FDA in the first half of 2026 to align on pivotal trial design for AlloNK in refractory RA [10]
Artiva Biotherapeutics (ARTV) 2025 Conference Transcript
2025-09-03 14:47
Summary of Artiva Biotherapeutics Conference Call Company Overview - **Company**: Artiva Biotherapeutics - **Founded**: 2019 - **Focus**: NK cell therapies, specifically non-genetically modified NK cells combined with monoclonal antibodies for enhanced B cell killing [2][3] Core Points and Arguments NK Cell Therapy Advantages - **Non-Genetically Modified NK Cells**: Artiva's NK cells are sourced from umbilical cord units, allowing for the production of thousands of vials with a billion cryopreserved NK cells each, with a shelf life of 3-4 years [2] - **Safety Profile**: NK cells are reported to have a safer profile compared to T cell modalities, reducing the risk of cytokine release syndrome [3][10] - **Efficacy**: The combination of NK cells with monoclonal antibodies enhances the potency of B cell killing, which has been demonstrated in clinical trials [6][7] Current Trials and Indications - **Autoimmunity Trials**: Artiva is currently running trials in the autoimmunity space, exploring various indications [4] - **CYFLU Regimen**: The use of cyclophosphamide (CY) and fludarabine (FLU) is intended to enhance NK cell survival and reduce B cell burden, with low doses deemed safe [10][12][13] Competitive Landscape - **Efficacy vs. Safety**: Artiva aims to demonstrate that their allo-NK therapy can achieve high efficacy while maintaining a favorable safety profile, making it suitable for community administration [6][7][19] - **Comparison with Other Therapies**: The company acknowledges the need to show superiority over existing therapies, including rituximab and other B cell depleting modalities [37][38] Enrollment and Data Generation - **Enrollment Update**: Over a dozen patients have been enrolled across more than a dozen sites, with a focus on generating robust safety and efficacy data [26][30] - **Data Sharing Plans**: Artiva plans to share pooled data on B cell depletion and safety by year-end, with a focus on demonstrating the therapy's effectiveness compared to standard care [30][32] Future Directions - **Lead Indication Announcement**: The company intends to announce its lead indication by year-end, aiming to differentiate itself in the competitive landscape [31][32] - **Pivotal Trials**: Artiva is optimistic about moving towards pivotal trials based on the data generated from ongoing studies [46] Other Important Content - **Prophylactic Measures**: The use of prophylactic antibiotics, antivirals, and antifungals is discussed to mitigate infection risks associated with lymphodepletion [19][22] - **Community Setting Compatibility**: The therapy is designed to be manageable in a community setting, allowing for outpatient treatment and reducing the need for hospitalization [23][24] - **Immune Reset Concept**: The concept of immune reset is introduced, where deep B cell depletion leads to a more naive phenotype of reconstituted B cells, potentially reducing autoantibodies [34][35] This summary encapsulates the key points discussed during the conference call, highlighting Artiva Biotherapeutics' innovative approach to NK cell therapies and its strategic positioning within the competitive landscape of autoimmune treatments.
Artiva Biotherapeutics to Participate in the Cantor Global Healthcare Conference 2025
Globenewswire· 2025-08-25 20:05
Core Insights - Artiva Biotherapeutics, Inc. is a clinical-stage biotechnology company focused on developing cell therapies for autoimmune diseases and cancers [3] - The company will participate in the Cantor Global Healthcare Conference 2025 on September 3, 2025, at 9:45 a.m. EDT [1] - Artiva's lead program, AlloNK®, is an allogeneic NK cell therapy currently evaluated in three clinical trials targeting B-cell driven autoimmune diseases [3] Company Overview - Artiva Biotherapeutics was founded in 2019 as a spin-out from GC Cell, gaining exclusive worldwide rights to NK cell manufacturing technology [3] - The company is headquartered in San Diego, California [4] - Artiva's pipeline includes CAR-NK candidates aimed at treating both solid and hematologic cancers [3] Conference Participation - Members of Artiva's management team will be available for investor meetings during the conference [2] - A live webcast of the presentation will be accessible through the "Investors" section on Artiva's website, with a replay available for 90 days post-event [2]