24/7 Market News Snapshot 14 Jun 2024 – Bio-Path Holdings Inc (NASDAQ: BPTH)

Press Release

DENVER, Colo., 14 June, 2024 (247marketnews.com) – (NASDAQ:BPTH) are discussed in this article.
Bio-Path Holdings, Inc. (NASDAQ:BPTH) has seen a significant surge in its stock price, marking a remarkable 21.10% increase in the pre-market session, trading at $2.404. This upward momentum follows the company’s recent presentation of encouraging interim data from its Phase 2 clinical trial at the esteemed 2024 European Hematology Association (EHA) Congress. The event, held on June 14, 2024, showcased Bio-Path’s innovative approach to cancer drug development, particularly focusing on acute myeloid leukemia (AML).

During the congress, Bio-Path unveiled promising results from its Phase 2 study of prexigebersen (BP1001) in combination with decitabine and venetoclax. By leveraging its proprietary DNAbilize® liposomal delivery and antisense technology, the company aims to provide targeted nucleic acid drugs for cancer treatment, with a specific emphasis on AML.

The presentation at the EHA Congress emphasized the potential of Bio-Path’s novel treatment regimen to address the unmet medical needs of AML patients. Through a multi-modal approach involving prexigebersen, decitabine, and venetoclax, Bio-Path is working towards improving treatment outcomes and offering new possibilities for individuals combating this challenging disease.

These interim results underscore Bio-Path’s commitment to advancing precision medicine and enhancing patient outcomes in the field of oncology. With a focus on innovation and dedicated research efforts, Bio-Path continues its mission to develop effective and targeted cancer therapies that could revolutionize cancer treatment strategies.

For more information on Bio-Path’s transformative research initiatives and future developments, stakeholders are encouraged to visit the company’s official website and stay informed about forthcoming announcements on this groundbreaking progress.

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