Full Year 2024 Transgene SA Earnings Call Transcript
Key Points
- Transgene SA (STU:TGNA) achieved clinical approval for TG 4,050, an individualized therapeutic cancer vaccine, in a phase one trial for head and neck cancer.
- All patients treated with TG 4,050 remained disease-free after a 24-month follow-up, indicating promising efficacy.
- The company is progressing well with the phase two trial of TG 4,050, with patient randomization expected to complete by Q4 2025.
- Transgene SA is preparing for a new phase one trial in a second, undisclosed indication, expected to start in Q4 2025.
- Financially, the company has extended its funding runway until April 2026, ensuring stability for ongoing projects.
- The phase two trial of ETV 4,001 did not meet its primary objective of improving progression-free survival in the overall patient population.
- The challenge of intravenous administration for the oncolytic virus 6,050 remains a significant hurdle due to potential neutralization by the immune system.
- The primary completion date for the phase two study of TG 4,050 is not until H2 2027, indicating a long timeline before potential market availability.
- The company is still in the early stages of developing a scalable manufacturing process for its MAC platform, which could delay commercialization.
- Despite promising data, the company faces competition and challenges in the evolving treatment landscape for head and neck cancer.
Hello everyone. So I'm Lucy, Chief Finance Officer at Transin. I have the pleasure to introduce you today to Doctor Alexander River, our Chairman in.
We will review our progress of over 2024, which was a great year you'll see and answer any questions you may have.
Before I turn the call over to Alessandro, I'd like to remind everyone that today's discussion contains forward-looking statements. Which are subject to a number of risks and uncertainties. If you are listening to this webcast via the internet, you will not be able to ask questions. And if you wish to do so and ask questions, you can join us via the conference call numbers that are available in the press release issued today, or you can also directly send me an email or to investor relations at trans.
And we'll be happy to read your question and answer it. With this, I now turn the call over to Alexandro.
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