Onconova Therapeutics, Inc.

Onconova Therapeutics, Inc.

ONTX
Onconova Therapeutics, Inc.US flagNASDAQ Capital Market
1.00
USD
+0.00
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20.90MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Steven M. Fruchtman
Full Time Employees
16
Sector
Healthcare
Industry
Biotechnology
Address
12 Penns Trail Newtown PA United States of America 18940
IPO Date
Jul 25, 2013
Business
Onconova Therapeutics, Inc. (NASDAQ: ONTX) is a clinical-stage biopharmaceutical company focused on discovering and developing novel targeted anti-cancer agents that disrupt specific cellular pathways critical for cancer cell proliferation; its lead product candidates include narazaciclib (formerly ON 123300), a proprietary multi-kinase inhibitor evaluated in Phase 1 dose-escalation and expansion studies in the United States and China for advanced solid tumors including low-grade endometrioid endometrial cancer in combination with letrozole, and oral rigosertib, investigated as monotherapy for recessive dystrophic epidermolysis bullosa-associated squamous cell carcinoma and in combination with PD-1 checkpoint inhibitors such as nivolumab or pembrolizumab for IO-refractory KRAS-mutated non-small cell lung cancer and malignant melanoma. Founded in 1998 and headquartered in Newtown, Pennsylvania, the company operates primarily in the United States with clinical trials extending to China and targets oncology indications such as myelodysplastic syndromes, endometrial cancer, lung cancer, melanoma, and rare cancers. In April 2024, Onconova completed a transformative business combination through its acquisition of 100% of Trawsfynydd Therapeutics, Inc., a developer of next-generation antivirals, forming Traws Pharma, Inc. (NASDAQ: TRAW), which trades under the new ticker and secured approximately $28 million in cash via a $14 million private placement led by OrbiMed and Torrey Pines to advance narazaciclib's dose-ranging, rigosertib programs, and Trawsfynydd's viroksavir for influenza and travaltrelvir for COVID-19 toward Phase 2 studies in the second half of 2024. This merger positions the combined entity as a virology and oncology platform with diversified pipelines, including narazaciclib's ongoing Phase 1 extension for recommended Phase 2 dose determination expected in early 2025 and rigosertib's investigator-sponsored trials showing promising target engagement and safety profiles without significant neutropenia or diarrhea.

Company News

APIChat
  • Traws Pharma Announces New Employee Inducement Grants

  • Onconova Therapeutics' Rigosertib Poster Selected for AACR 2024

  • Onconova Therapeutics' Preclinical Narazaciclib Data at SABCS Highlights Differentiated Anti-Tumor Activity v. Other CDK4/6i's

  • Onconova Therapeutics to Present at NobleCon19, Noble Capital Markets' Nineteenth Annual Emerging Growth Equity Conference

  • Onconova Therapeutics, Inc. (ONTX) Q3 2023 Earnings Call Transcript

  • Onconova Therapeutics Reports Corporate Update and Announces Third Quarter 2023 Financial Results

  • Onconova Therapeutics to Provide Corporate Update and Announce Third Quarter 2023 Financial Results on November 14, 2023

  • Onconova Therapeutics' ASH Poster To Focus on Narazaciclib in MCL

  • Onconova Expands Leadership Team with Two Key Appointments

  • Promising Preclinical Narazaciclib Data Presented at MCL Meeting

  • Onconova Therapeutics to Present a Late-Breaking Abstract on Rigosertib at the 2023 EADV Congress

  • Onconova Therapeutics to Participate at the H.C. Wainwright 25th Annual Global Investment Conference

  • Onconova Therapeutics, Inc. (ONTX) Q2 2023 Earnings Call Transcript

  • Onconova Therapeutics, Inc. (ONTX) Q1 2023 Earnings Call Transcript

  • Onconova Therapeutics, Inc. (ONTX) Reports Q1 Loss, Misses Revenue Estimates

  • Onconova Therapeutics to Provide Corporate Update and Announce First Quarter 2023 Financial Results on May 15, 2023

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  • Onconova Therapeutics, Inc. (ONTX) Q4 2022 Earnings Call Transcript