Senti Biosciences(SNTI)

Search documents
Senti Biosciences Announces New Employment Inducement Grants
GlobeNewswire News Room· 2024-12-04 01:00
Company Overview - Senti Biosciences, Inc. is a clinical-stage biotechnology company focused on developing next-generation cell and gene therapies using its proprietary Gene Circuit platform [3] - The company aims to create therapies that precisely target cancer cells while sparing healthy cells, enhancing specificity, and controlling drug expression post-administration [3] - Senti Bio's pipeline includes off-the-shelf CAR-NK cells equipped with Gene Circuits for targeting difficult liquid and solid tumors, and it has shown preclinical success in T cells and other modalities [3] Recent Developments - On November 26, 2024, Senti Bio's Compensation Committee granted stock options to three new employees, totaling 49,778 shares at an exercise price of $2.11 per share [1] - These stock options were awarded as an inducement for the employees to join the company, in compliance with NASDAQ Listing Rule 5635(c)(4) [2] - The stock options were granted under the Company's 2022 Inducement Equity Plan, which was adopted on August 5, 2022 [2]
SNTI Stock Skyrockets on Initial Data From Phase I Cancer Study
ZACKS· 2024-12-03 17:00
Core Insights - Senti Biosciences, Inc. announced positive initial data from a phase I study for its CAR-NK cell therapy candidate, SENTI-202, targeting relapsed/refractory hematologic malignancies, including acute myeloid leukemia (AML) [1][4][7] Company Performance - Following the announcement, Senti Biosciences' shares surged by 363% on December 2 [2] - Year-to-date, SNTI stock has increased by 51.5%, contrasting with a 7.1% decline in the industry [3] Clinical Study Results - In the phase I study, two out of three AML patients treated at the lowest dose level (1.0 billion CAR+ NK cells) achieved complete remission, confirmed by bone marrow biopsy [4] - Both patients also achieved measurable residual disease (MRD) negative status, indicating no detectable cancer cells [5] - Treatment with SENTI-202 was generally well-tolerated among all three AML patients [6] Future Developments - The FDA cleared Senti Biosciences' IND application for SENTI-202 in December 2022, allowing clinical studies to commence [7] - The phase I study is expected to enroll around 20 patients, with a higher dose cohort currently enrolling [8] - Additional safety and efficacy data, including durability data, is anticipated in 2025 [9] Pipeline Expansion - Senti Biosciences has another candidate, SENTI-301A, and has entered a collaboration with Celest Therapeutics for its clinical development in China [10]
Why Is Senti Biosciences Stock Surging Over 400% On Monday?
Benzinga· 2024-12-02 16:44
Senti Biosciences, Inc. SNTI stock is skyrocketing on Monday, with a strong session volume of 73.4 million compared to an average volume of 17.81 thousand, as per data from Benzinga Pro.The company reported initial clinical data from a Phase 1 trial of SENTI-202, a potential first-in-class Logic Gated off-the-shelf chimeric antigen receptor natural killer (CAR-NK) investigational cell therapy, for relapsed/refractory hematologic malignancies including acute myeloid leukemia.SENTI-202 is designed to selectiv ...
Senti Biosciences, Inc. Announces Oversubscribed $37.6 Million Private Placement Equity Financing
GlobeNewswire News Room· 2024-12-02 12:10
SOUTH SAN FRANCISCO, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio” or the “Company”), a clinical-stage biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, has entered into a securities purchase agreement with certain existing and new accredited investors to issue and sell an aggregate of 16,713 shares of Series A Convertible Preferred Stock (the “Preferred Stock”) through a private investment in ...
Senti Biosciences(SNTI) - 2024 Q3 - Quarterly Report
2024-11-14 21:51
Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period from _______ to _______ Commission File Number 001-40440 _________________________ Senti Bi ...
Senti Biosciences(SNTI) - 2024 Q3 - Quarterly Results
2024-11-14 21:32
Senti Bio Announces Third Quarter 2024 Results and Recent Pipeline and Corporate Highlights – Enrollment continues in Phase 1 clinical trial of SENTI-202 for the treatment of relapsed/refractory hematologic malignancies including AML; initial clinical data expected in Q4 2024 – SOUTH SAN FRANCISCO, Calif., November 14, 2024 -- Senti Biosciences, Inc. (Nasdaq: SNTI) ("Senti Bio" or the "Company"), a biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit pl ...
Senti Bio Announces Third Quarter 2024 Results and Recent Pipeline and Corporate Highlights
GlobeNewswire News Room· 2024-11-14 21:05
SOUTH SAN FRANCISCO, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio” or the “Company”), a biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, today reported financial results for the third quarter of 2024 and provided a summary of recent pipeline and corporate highlights. “Over the past quarter, we have continued to execute on our clinical milestones and look forward to sharing initial results fro ...
Senti Bio to Participate in Upcoming Investor Conferences
GlobeNewswire News Room· 2024-09-03 12:15
SOUTH SAN FRANCISCO, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Senti Biosciences, Inc. (Nasdaq: SNTI) ("Senti Bio" or the "Company"), a biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, including SENTI-202, a Logic Gated off-the-shelf CARNK investigational cell therapy in Phase 1 clinical trials, today announced its participation at the following investor conferences: H.C. Wainwright's 26th Annual Global Investment Conference Format: Prese ...
Senti Biosciences(SNTI) - 2024 Q2 - Quarterly Report
2024-08-13 20:19
Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period from _______ to _______ Commission File Number 001-40440 _________________________ Senti Bioscie ...
Senti Biosciences(SNTI) - 2024 Q2 - Quarterly Results
2024-08-13 20:11
Financial Performance - Senti Bio reported a net loss of $11.2 million for Q2 2024, compared to $18.7 million in the same period in 2023[4][10] - Cash and cash equivalents stood at $15.9 million as of June 30, 2024, down from $35.9 million at the end of 2023[4][9] - Total assets decreased to $86.9 million as of June 30, 2024, from $119.5 million at the end of 2023[9] Research and Development (R&D) - R&D expenses increased to $9.2 million in Q2 2024, up from $6.9 million in Q2 2023, primarily due to manufacturing costs for wholly-owned programs[4][10] - Senti Bio received an $8 million grant from CIRM to support the clinical development of SENTI-202 for relapsed/refractory hematologic malignancies[2] - Patient dosing has commenced in the Phase 1 clinical trial of SENTI-202 for AML, with initial efficacy data expected by year-end 2024[3] - Senti Bio plans to initiate a pilot trial of SENTI-301A for hepatocellular carcinoma in China through a partnership with Celest, with first patient dosing expected in Q4 2024[3] General and Administrative (G&A) Expenses - G&A expenses decreased to $4.2 million in Q2 2024, down from $9.2 million in Q2 2023, mainly due to a reduction in headcount[4][10] Corporate Actions - The company effected a 1-for-10 reverse stock split in July 2024 to comply with Nasdaq's minimum bid price requirement[3] Receivables and Transactions - Senti Bio anticipates $18.9 million in receivables from the GeneFab transaction upon satisfaction of certain conditions[4]