Magenta Therapeutics, Inc.

Magenta Therapeutics, Inc.

MGTA
Magenta Therapeutics, Inc.US flagNASDAQ Global Market
0.70
USD
-0.06
- -
42.44MMarket Cap
Magenta Therapeutics, Inc.
MGTA
(NASDAQ Global Market)

Recent

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0.70

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Business
Magenta Therapeutics, Inc. (MGTA) operates as a clinical-stage biotechnology company following its 2023 merger with Dianthus Therapeutics, Inc., through which it now focuses on developing next-generation complement inhibitors for autoimmune diseases; its lead product candidate, DNTH103 (claseprubart), is a selective active C1s monoclonal antibody in Phase 3 trials for chronic inflammatory demyelinating polyneuropathy and Phase 2 trials for generalized myasthenia gravis and multifocal motor neuropathy, with subcutaneous self-administration every two weeks, extended half-life, and high potency. The company previously developed stem cell transplant therapies including targeted conditioning agents MGTA-117 and CD45-antibody drug conjugate, and stem cell mobilizers MGTA-145 and MGTA-456, aimed at blood cancers, genetic diseases, and autoimmune disorders, but shifted strategic focus post-merger to Dianthus' pipeline. Founded in 2016 and headquartered in Cambridge, Massachusetts, Magenta Therapeutics conducts operations primarily in the United States with global clinical trial reach; it completed a reverse merger with Dianthus in September 2023, implemented a reverse stock split, and rebranded the combined entity under Dianthus Therapeutics, Inc. on Nasdaq, securing $70 million in private investment from investors including Fidelity Management & Research Company and 5AM Ventures to advance DNTH103, which recently completed enrollment in its Phase 2 MaGic trial exceeding targets with top-line data expected in September 2025.

Company News

  • Magenta Therapeutics Announces Completion of Merger with Dianthus Therapeutics and Implementation of Reverse Stock Split

  • MAGENTA THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Magenta Therapeutics, Inc. - MGTA

  • 10 Best-Performing Penny Stocks in the Health Care Sector

  • Easing Banking Fears, Rate Hike Pause Boost Markets: 5 Picks

  • MGTA Stock: 51.66% Surge Explained

  • Magenta (MGTA) Down on Pipeline Update for Leukemia Drug

  • Why The Magenta Therapeutics (MGTA) Stock Plummeted Over 50%

  • Magenta Therapeutics to Host Conference Call and Webcast on Tuesday, December 13, 2022, to Review MGTA-117 Clinical Data from Ongoing Phase 1/2 Clinical Trial

  • After Plunging 49.1% in 4 Weeks, Here's Why the Trend Might Reverse for Magenta Therapeutics, Inc. (MGTA)

  • Magenta Therapeutics Trims R&D, Cuts Workforce

  • Big Pharma Is Going Holiday Shopping. Who's Next?

  • Week 38 MDA Breakout Stocks - September 2021: Short-Term Picks To Give You An Edge

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • After Plunging 21% in 4 Weeks, Here's Why the Trend Might Reverse for Magenta Therapeutics, Inc. (MGTA)

  • Magenta Therapeutics Announces Positive Preliminary Results from Phase 2 Clinical Trial of MGTA-145 in Multiple Myeloma and Provides an Update on its Anticipated Clinical Study with MGTA-117

  • Magenta Therapeutics Announces Positive Preliminary Results from Phase 2 Clinical Trial of MGTA-145 in Multiple Myeloma and Provides an Update on its Anticipated Clinical Study with MGTA-117

  • Magenta Therapeutics Presents Final Phase 1 Results of MGTA-145 Stem Cell Mobilization Clinical Trial and Preclinical Data from Targeted Conditioning Program at the European Society for Blood and Marrow Transplantation (EBMT) 2021 Annual Meeting

  • Magenta Therapeutics to Present at the Oppenheimer 31st Annual Healthcare Conference