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Tempest to Report New and Updated Data from Global Randomized Combination Study of TPST-1120 in First-Line Hepatocellular Carcinoma

Key Takeaway: Tempest Therapeutics, Inc. has announced plans to report new and updated data from its Phase 1b/2 global randomized combination study of TPST-1120, atezolizumab, and bevacizumab for the first-line treatment of hepatocellular carcinoma (HCC). The announcement includes a premarket press release scheduled for October 11, 2023, followed by a conference call at 8:30 a.m. ET. The company is advancing innovative therapies that aim to combine tumor-targeted and immune-mediated mechanisms for cancer treatment.
Price reaction · baseline $1.495 (2023-10-09 close) · hit after-hours · 2 other TPST headline(s) in the window, move may be shared
day 0 close · peak
+4.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Tempest is set to report new and updated data, indicating progress in research.
  • Combination study involves well-regarded agents like atezolizumab and bevacizumab.
  • The ongoing clinical trials could provide valuable insights for first-line HCC treatment.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+41%
120-day peak, hindsight
Typical move
10.6%
average across 2 past catalysts
Cash runway
~1 mo
High dilution risk
Lead asset
ATR-101
Phase 2 · Congenital Adrenal Hyperplasia

Full Press Release Details

BRISBANE, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Tempest Therapeutics, Inc. (Nasdaq: TPST), a clinical-stage oncology company developing first-in-class1 therapeutics that combine both targeted and immune-mediated mechanisms, today announced the company plans to report new and updated data from the global randomized Phase 1b/2 combination study of TPST-1120 with atezolizumab and bevacizumab in first-line treatment of hepatocellular carcinoma (HCC) in a premarket press release on Wednesday, October 11, 2023, followed by a webcasted conference call with associated slide presentation at 8:30 a.m. ET on Wednesday, October 11, 2023.
To join the conference call via phone and participate in the live Q&A session, please pre-register online here to receive a telephone number and unique passcode required to enter the call. The live webcast and audio archive of the presentation may be accessed on the investor section of the Tempest website at https://ir.tempesttx.com/. The webcast will be available for replay for 30 days.
About Tempest Therapeutics
Tempest Therapeutics is a clinical-stage oncology company advancing small molecules that combine both tumor-targeted and immune-mediated mechanisms with the potential to treat a wide range of tumors. The company has a diverse portfolio of novel programs ranging from early research to investigation in a randomized global study in first-line cancer patients. The company’s two novel clinical programs, TPST-1120 and TPST-1495, target PPARα and EP2/EP4, respectively, and are advancing through trials designed to study the agents as monotherapies and in combination with approved agents. Tempest is also developing an orally available inhibitor of TREX1, a target that controls activation of the cGAS/STING pathway. Tempest is headquartered in Brisbane, California. More information about Tempest can be found on the company’s website at www.tempesttx.com.
Wheelhouse Life Science Advisors
Wheelhouse Life Science Advisors
1 If approved by the FDA

Frequently Asked Questions

When will Tempest Therapeutics report new data?

Tempest Therapeutics plans to report new data on October 11, 2023.

What is TPST-1120 used for?

TPST-1120 is being investigated for treating hepatocellular carcinoma.

How can I join the Tempest conference call?

Pre-register online to receive the call details and unique passcode.

What can be accessed on Tempest's investor website?

You can access the live webcast and audio archive of the presentation.

Where is Tempest Therapeutics based?

Tempest Therapeutics is headquartered in Brisbane, California.

Last updated: Oct 10, 2023