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Tempest to Report New Data from Global Randomized Combination Study of Amezalpat (TPST-1120) in First-Line Hepatocellular Carcinoma

Key Takeaway: Tempest Therapeutics, a clinical-stage biotechnology company, announced plans to report new data from their Phase 1b/2 combination study of amezalpat (TPST-1120) with atezolizumab and bevacizumab in treating first-line hepatocellular carcinoma. The data will be revealed during a press release and subsequent webcast on June 20, 2024. This study represents an important step for Tempest in advancing its portfolio of cancer therapeutics.
Price reaction · baseline $18.915 (2024-06-17 close) · hit after-hours · 1 other TPST headline(s) in the window, move may be shared
day 0 close · peak
-2.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Tempest Therapeutics is reporting new data, indicating progress in their clinical study.
  • The study focuses on a combination treatment for a serious condition, hepatocellular carcinoma, potentially enhancing treatment options.
  • They utilize innovative therapeutic strategies, combining targeted therapies with immune-mediated treatments.

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., June 18, 2024 (GLOBE NEWSWIRE) -- Tempest Therapeutics, Inc. (Nasdaq: TPST), a clinical-stage biotechnology company developing first-in-classi targeted and immune-mediated therapeutics to fight cancer, today announced the company plans to report new data from the global randomized Phase 1b/2 combination study of amezalpat (TPST-1120) with atezolizumab and bevacizumab in first-line treatment of hepatocellular carcinoma (HCC) in a premarket press release followed by a webcasted conference call with associated slide presentation on Thursday, June 20, 2024 at 8:30 a.m. ET.
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 biotechnology company advancing a diverse portfolio of small molecule product candidates containing tumor-targeted and/or immune-mediated mechanisms with the potential to treat a wide range of tumors. The company’s novel programs range from early research to later-stage investigation in a randomized global study in first-line cancer patients. Tempest is headquartered in Brisbane, California. More information about Tempest can be found on the company’s website at www.tempesttx.com.
Investor & Media Contacts
Wheelhouse Life Science Advisors
Wheelhouse Life Science Advisors

Frequently Asked Questions

What is the focus of Tempest Therapeutics?

Tempest Therapeutics develops targeted and immune-mediated therapies for cancer.

When will Tempest present new data on amezalpat?

New data from the study will be presented on June 20, 2024, at 8:30 a.m. ET.

How can I join the Tempest conference call?

Pre-register online to receive a phone number and passcode for the call.

Where can I access the presentation replay?

The webcast replay will be available on Tempest's investor website for 30 days.

What types of candidates does Tempest offer?

Tempest offers small molecule candidates targeting various tumors through innovative mechanisms.

Last updated: Jun 18, 2024