BioRestorative Therapies(BRTX)
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Biorestorative Therapies, Inc. (BRTX) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-06-12 06:50
Biorestorative Therapies, Inc. (BRTX) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to loss of $1.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.92%. A quarter ago, it was expected that this company would post a loss of $0.65 per share when it actually produced a loss of $0.57, delivering a surprise of 12.31%. Over the last four quarters, the com ...
BioRestorative Therapies(BRTX) - 2024 Q1 - Quarterly Report
2024-06-12 04:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _________ to _________ Commission file number: 001-37603 BIORESTORATIVE THERAPIES, INC. (Exact name of registrant as specified in its charter) Nevada 30-1341024 (State o ...
BioRestorative Therapies, Inc. to attend the Jefferies 2024 Healthcare Conference
Newsfilter· 2024-06-04 20:50
MELVILLE, NY., June 04, 2024 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. (the “Company” or “BioRestorative”) (NASDAQ: BRTX), a clinical stage company focused on stem cell-based therapies, today announced that CEO Lance Alstodt will participate at the Jefferies Global Healthcare Conference being held June 5-6, 2024 at the Marriot Marquis in New York. Management will also be available for one-on-one investor meetings during the conference. About BioRestorative Therapies, Inc. BioRestorative Therapies, ...
BioRestorative Therapies(BRTX) - 2024 Q1 - Earnings Call Transcript
2024-05-15 07:08
财务数据和关键指标变化 - 公司于2024年3月31日的现金、现金等价物和有价证券为1640万美元 [34] 各条业务线数据和关键指标变化 - 公司的BRTX-100细胞治疗候选药物正在进行II期临床试验,初步26周和52周的盲态数据显示了积极的趋势,未出现严重不良事件 [16][17] - 公司的ThermoStem平台开发了一种针对肥胖的新型外泌体生物制品,计划于2024年第三季度提交IND申请,并在年内启动首次人体临床试验 [22][24] - 公司与Cartessa公司签署了为期5年的独家协议,将向其供应公司自主研发的细胞生物制品商业产品,用于美容领域 [27][28][29] 各个市场数据和关键指标变化 - 公司正在积极探索将管线产品商业化,并已开始与一些国家进行初步合作和许可谈判 [24] 公司战略和发展方向及行业竞争 - 公司正在积极推进BRTX-100的II期临床试验,并已获得FDA批准对对照组的注射方式进行修改,以提高试验结果的可靠性 [17][19][20] - 公司正在开发一种针对肥胖的新型外泌体生物制品,作为现有减肥药物的辅助疗法,有望降低其副作用 [40][41][45] - 公司与Cartessa的合作有助于建立强大的商业引擎,为公司的研发项目提供资金支持 [27][28][34] 管理层对经营环境和未来前景的评论 - 公司管理层对BRTX-100和ThermoStem项目的未来前景表示乐观,认为这些项目都有重大的价值增值催化剂 [27][33][34] - 公司管理层认为与Cartessa的合作将为公司带来可观的收入和现金流,有助于减少对资本市场的依赖 [57] 问答环节重要的提问和回答 问题1 **Michael Okunewitch 提问** 询问公司使用外泌体产品相比细胞治疗在肥胖治疗中的优势 [39] **Lance Alstodt 和 Francisco Silva 回答** 外泌体产品不需要植入,不会引起免疫排斥反应,制造成本也更低,且从监管角度可能更简单 [40][41][42][43] 问题2 **Jonathan Aschoff 提问** 询问Northwell医疗中心在II期临床试验中的作用 [58][59][64][65] **Lance Alstodt 回答** Northwell医疗中心是16个试验中心之一,但在患者招募方面表现出色,公司正在为其提供支持 [59][64][65] 问题3 **Jonathan Aschoff 提问** 询问公司是否能依靠美容业务的最低采购量为II期临床试验提供资金支持 [56][57] **Robert Kristal 回答** 美容业务的收入和毛利率都很可观,但不足以完全支持II期临床试验,公司仍需要依赖资本市场 [57]
BioRestorative Therapies Provides First Quarter 2024 Business Update
Newsfilter· 2024-05-15 04:10
MELVILLE, N.Y., May 14, 2024 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. ("BioRestorative", "BRTX" or the "Company") (NASDAQ:BRTX), a clinical stage company focused on stem cell-based therapies, today provided an update on its business. "We have successfully executed against key strategic priorities since the start of the year," said Lance Alstodt, BioRestorative's Chief Executive Officer. "The most important of those were to advance our lead clinical program, BRTX-100, and expand our core preclinica ...
BioRestorative Therapies Enhances Preclinical Metabolic Program with a Novel Exosome-Based Biologic Targeting Obesity
Newsfilter· 2024-05-08 19:30
— New therapeutic candidate developed using Company's patented ThermoStem® platform — — Candidate has potential to serve as an adjuvant to existing pharmaceuticals that are FDA approved and marketed towards weight loss — — DMF submission and commencement of first-in-human studies targeted for before the end of 2024 — — Expanding the use of ThermoStem® may open the door to big pharma partnership opportunities — MELVILLE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. ("BioRestorative", ...
BioRestorative Therapies Announces FDA Clearance of Phase 2 BRTX-100 Clinical Study Protocol Amendment
Newsfilter· 2024-04-16 19:45
BRTX-100研究 - BioRestorative Therapies, Inc.宣布FDA已批准对正在进行的第二阶段研究的方案进行重要修订[1] - 修订将控制组中的盐水注射替换为虚假注射,以提高研究的安全性和减少临床结果的可能性[1] - BRTX-100是公司的主要临床候选药物,旨在治疗慢性腰椎间盘疾病,目前正在进行第二阶段研究[2] 公司产品开发 - BioRestorative Therapies, Inc.开发治疗产品,主要涉及成人干细胞,包括治疗椎间盘/脊柱疾病和代谢紊乱的两个核心项目[3] - 公司正在开发ThermoStem®,一种用于治疗肥胖和代谢紊乱的细胞疗法候选药物[4]
BioRestorative Therapies Partners with Galen Patient Recruitment to Accelerate Completion of Enrollment in Phase 2 Trial of BRTX-100 in Chronic Lumbar Disc Disease
Newsfilter· 2024-04-08 19:45
合作关系 - BioRestorative Therapies与Galen Patient Recruitment合作,加速进行中的BRTX-100慢性腰椎间盘疾病(cLDD)第二阶段研究的患者招募[1] 治疗药物介绍 - BRTX-100是一种新型的基于细胞的治疗药物,旨在针对体内血流较少的区域[2] Galen Patient Recruitment - Galen Patient Recruitment自2006年以来通过成本效益的患者招募解决方案帮助客户推出新的医疗创新[4]
BioRestorative Therapies Announces Filing of Form S-1 Registration Statement to Register for Resale Common Stock Underlying Previously Issued Warrants
Newsfilter· 2024-04-04 04:38
- Company is not offering shares pursuant to the registration statement - MELVILLE, N.Y., April 03, 2024 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. ("BioRestorative", "BRTX" or the "Company") (NASDAQ:BRTX), a clinical stage company focused on stem cell-based therapies, today announced the filing of a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC"). The registration statement solely covers the resale by selling securityholders of up to 2,513,686 shares of co ...
BioRestorative Therapies(BRTX) - 2023 Q4 - Annual Report
2024-03-30 06:15
公司财务状况 - 截至2023年12月31日,公司累计亏损为1.67亿美元[194] - 2023年12月31日,公司现金、现金等价物和投资总额为1,106,5995美元[198] - 2023年,公司经营活动产生的净现金流为负$6,430,211,投资活动产生的净现金流为正$3,252,043,融资活动产生的净现金流为正$2,351,343[201] - 2023年,公司融资活动产生的净现金流较2022年增加$2,351,343,主要来源于ATM和注册直接公开发行普通股的净收益[202] 资金募集和使用 - 2023年12月31日,公司剩余ATM计划下可出售的普通股额度为5,487,000美元[195] - 2023年12月31日,公司完成了一项2,300,000股普通股和2,645,000股普通股认股权证的公开发行,募集资金净额用于临床试验、研发和一般企业和营运资金用途[194] - 2023年12月31日,公司通过ATM计划出售了132,827股普通股,募集了约62.2万美元的募集资金[195] - 2023年12月31日,公司预计有足够资金完成BRTX-100的二期临床试验,但需要大量额外资金完成拟议的BRTX-100三期临床试验和其他项目[195] - 2023年12月,公司通过注册直接公开发行出售了685,033股普通股,募集净收益约$1,831,000[200] 预期支出增加 - 2023年12月31日,公司预计未来研发支出将继续增加,特别是与棕色脂肪和椎间盘/脊柱计划相关的支出[197] - 2023年12月31日,公司预计一般和行政支出将随着扩大员工队伍、发展基础设施和承担额外成本而增加[197] - 2023年12月31日,公司预计将需要额外的股本和/或债务融资来继续运营[198] - 截至2023年12月31日,公司在ATM计划下还有约$5,487,000的普通股待售[199]