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BCAB Positive Sentiment Score: 75/100

BioAtla Provides Guidance on Near-Term Milestones and Plans to Announce Third Quarter 2023 Financial Results and Business Update on November 7, 2023

Key Takeaway: BioAtla, Inc. (Nasdaq: BCAB) announced its plans to host a conference call on November 7, 2023, to discuss third quarter 2023 financial results and business updates. The company has submitted an abstract on its CAB-AXL-ADC program for non-small cell lung cancer at an upcoming conference, and an R&D day is scheduled for December 13, 2023, to focus on the Phase 1/2 trial of BA3071. BioAtla continues to leverage its proprietary technology for further advancements in oncology treatments.

Market Sentiment Analysis

POSITIVE FACTORS

  • BioAtla is advancing its product candidates in clinical trials, signaling progress.
  • The upcoming R&D day aims to provide insights into ongoing studies and potential developments.
  • The company is expanding its presence with planned events and financial updates, indicating transparency.

Full Press Release Details

Submitted abstract on CAB-AXL-ADC, BA3011, in non-small cell lung cancer (NSCLC) to the IASLC 2023 North America Conference on Lung Cancer; KOL event planned for December 4, 2023, following conclusion of the IASLC conference
R&D day planned for December 13, 2023, to discuss BA3071 (CAB-CTLA-4) Phase 1/2 basket trial
Management to host third quarter 2023 financial results conference call and webcast on Tuesday, November 7, 2023 at 4:30 PM Eastern Time
SAN DIEGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- BioAtla, Inc. (Nasdaq: BCAB), a global clinical-stage biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics for the treatment of solid tumors, today provided guidance on near-term milestones and announced that it plans to host a conference call and webcast on Tuesday, November 7, 2023 at 4:30 p.m. ET to discuss its financial results for the quarter ended September 30, 2023 and provide business highlights.
Third Quarter 2023 Conference Call and Webcast Information
Date: Tuesday, November 7, 2023
Dial-in Numbers: (888) 886-7786 (domestic), (416) 764-8658 (international)
Conference ID: 05202391
The press release with the financial results will be accessible prior to the conference call through “News Releases” in the News & Events section of the company’s website. A replay of the call will also be available through “Events & Presentations” in the Investors section of the company’s website.
BioAtla is a global clinical-stage biotechnology company with operations in San Diego, California, and in Beijing, China through our contractual relationship with BioDuro-Sundia, a provider of preclinical development services. Utilizing its proprietary Conditionally Active Biologics (CAB) technology, BioAtla develops novel, reversibly active monoclonal and bispecific antibodies and other protein therapeutic product candidates. CAB product candidates are designed to have more selective targeting, greater efficacy with lower toxicity, and more cost-efficient and predictable manufacturing than traditional antibodies. BioAtla has extensive and worldwide patent coverage for its CAB technology and products with greater than 700 patents filed, more than 400 of which have been issued. Broad patent coverage in all major markets include methods of making, screening and manufacturing CAB product candidates in a wide range of formats and composition of matter coverage for specific products. BioAtla has two first-in-class CAB programs currently in Phase 2 clinical testing, mecbotamab vedotin, BA3011, a novel conditionally active AXL-targeted antibody-drug conjugate (CAB-AXL-ADC), and ozuriftamab vedotin, BA3021, a novel conditionally active ROR2-targeted antibody-drug conjugate (CAB-ROR2-ADC). The Phase 1 stage CAB-CTLA-4 antibody, BA3071, is a novel CTLA-4 inhibitor designed to reduce systemic toxicity and potentially enable safer combination therapies with checkpoint inhibitors such as anti-PD-1 antibody. The company’s first bispecific antibody, BA3182, targets EpCAM, which is highly and frequently expressed on many adenocarcinomas while engaging human CD3 expressing T cells. To learn more about BioAtla, Inc. visit www.bioatla.com.
Chief Financial Officer
LifeSci Advisors, LLC

Frequently Asked Questions

What is the goal of CAB-AXL-ADC?

CAB-AXL-ADC, BA3011, aims to target non-small cell lung cancer.

When is BioAtla's financial results call?

The call is scheduled for November 7, 2023, at 4:30 PM ET.

What is the focus of BioAtla's CAB technology?

BioAtla's CAB technology focuses on developing selectively active antibody therapeutics.

How many patents does BioAtla have for its CAB technology?

BioAtla has over 700 patents filed globally for its CAB technology.

What is BA3071 designed to do?

BA3071 is a CTLA-4 inhibitor aimed at reducing systemic toxicity.

Last updated: Oct 10, 2023