Early discussions with the WHO are underway, but the process will be complicated because Pfizer's RSV vaccine is not designed for syringes that automatically disable after one injection, which are preferred by the health agency for safety reasons to prevent reuse. +1 (212) 733-7410[emailprotected] "It's a process. Going back to the beginning, Progenity conducted its initial public offering (IPO) on June 22, 2020. Any forward-looking statements that Progenity makes in this press release speak only as of the date of this press release. The post Progenity Stock Is a Zero-or-Hero Holding for Biotech Bidders appeared first on InvestorPlace. These forward-looking statements may include, but may not be limited to, statements concerning: BioNTechs efforts to combat COVID-19; the timing to initiate clinical trials of BNT162 and anticipated publication of data from these clinical trials; the timing for any potential emergency use authorizations or approvals; the potential to enter into additional supply agreements with other jurisdictions or the COVAX Facility; the potential safety and efficacy of BNT162; the collaboration between BioNTech and Pfizer to develop a potential COVID-19 vaccine; and the ability of BioNTech to supply the quantities of BNT162 to support clinical development and, if approved, market demand, including our production estimates for 2020 and 2021. InvestorPlace is one of Americas largest, longest-standing independent financial research firms. When typing in this field, a list of search results will appear and be automatically updated as you type. The company also said it has also entered into advance purchase agreements with several other countries and has initiated bilateral outreach to approximately 100 countries around the world. The early data demonstrates that BNT162b1 is able to produce neutralizing antibodies in humans at or above the levels observed in the plasma from patients who have recovered from COVID-19, and this was shown at relatively low dose levels. Given this, the behemoth may not be looking for another oncology company right away. On July 20th, the companies announced early positive update from German Phase 1/2 COVID-19 vaccine study, including first T Cell response data. Progenity applies a multi-omics approach, combining genomics, epigenomics, proteomics, and metabolomics to its molecular testing products and to the development of a suite of investigational ingestible devices designed to provide precise diagnostic sampling and drug delivery solutions. Atea partnered with Roche in October 2020 on AT-527, and the drug is now in an ongoing worldwide phase 3 trial with results due in the second half of 2021. The Pfizer/BioNTech vaccine development program is evaluating at least four experimental vaccines, each of which represents a unique combination of messenger RNA (mRNA) format and target antigen. The stock was up 0.73% at $244 in premarket trading. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Not for sale in the U.S. Progenity to Participate in 11th Annual Partnership Opportunities in Drug Delivery Conference. PROG stock is unsafe, unstable, and undeniably exciting. *Average returns of all recommendations since inception. Progenity, Inc. is offering 6,666,667 shares. Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, These 2 Banks Are Pulling the Nasdaq Down, Social Security Cuts May Be Coming. Progenity claims the protection of the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. Additional information concerning these and other risks can be found in Progenitys periodic filings with the SEC, including under the heading Risk Factors contained therein. The company would begin delivering the drug later this year and concluding in 2022. Looking ahead, Progenity Chief Scientific Officer Matthew Cooper anticipates that the company will pursue "partnership opportunities for commercialization" of the Preecludia test. Progenity Announces Several Patents Granted by USPTO, These forward-looking statements are based on Progenitys expectations and assumptions as of the date of this press release. " Press release hints at Pfizer partnership Covid treatment. What are you looking for in a partnership? That leaves Aurinia, which I believe to be the safest buy on the list for pharmaceutical investors -- Pfizer included. The precision-medicine company also has two candidates entering phase 1 studies for non-small cell lung cancer with mutations within a specific gene called EGFR. The Bottom Line Three candidates come to mind, but one seems like an ideal tuck-in acquisition. At that time, the company sold approximately 6.6 million shares for $15 apiece. Jen reports on health issues affecting people around the world, from malaria to malnutrition. In premarket trading, the stock was slipping 2.48% to $3.94. See here for a complete list of exchanges and delays. A description of these risks and uncertainties can be found in Pfizers most recent Annual Report on Form 10-K and in its subsequent reports on Form 10-Q, including in the sections thereof captioned Risk Factors and Forward-Looking Information and Factors That May Affect Future Results, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at www.sec.govandwww.pfizer.com. The ideal candidate may already have drugs on the market that could benefit from Pfizer's marketing team. 2023 Benzinga.com. This makes the technology broadly applicable for large molecule candidates. Our Standards: The Thomson Reuters Trust Principles. Except as required by law, Progenity assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. BioNTech is the market authorization holder worldwide and will hold all trademarks for the potential product. If Pfizer wants to fill its pipeline with precision-medicine oncology drugs for the next decade, perhaps it will consider Blueprint Medicines (BPMC 1.79%). She previously worked at the Telegraph newspaper and Channel 4 News in the UK, as well as freelance in Myanmar and the Czech Republic. It has an approved drug with a blockbuster addressable market, and that drug may have optionality for other autoimmune conditions as well (though it's not actively being studied in other diseases at the moment). Burning Rock Biotech Limited BNR announced a strategic partnership with Germany's MERCK Kommanditgesellschaft auf Aktien MKKGY for developing companion diagnostics for the MET inhibitor tepotinib in the mainland China market. Thus, the patent for Preecludia represents a major step forward for Progenity. Further data from the ongoing Phase 1/2 clinical trials of the four vaccine candidates will enable the selection of a lead candidate and dose level for an anticipated large, global Phase 2b/3 safety and efficacy study that may begin as early as later this month, pending regulatory approval. . The OBDS platform is designed to enable delivery of liquid drug, eliminating the need for reformulation, and allows for industry-leading dosing of over 50 mg of proteins and over 5 mg of peptides. All rights reserved. Let's learn about each other and discover synergies, goals, needs and capabilities. This news could accelerate Pfizer's possible partnership with Progenity if their sales are impacted by this negative development.

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