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GlycoMimetics

0.2610

+0.01034.11%

Post-market: 0.2601-0.0009-0.34%18:51 EDT

Volume:658.33K

Turnover:171.08K

Market Cap:16.84M

PE:-0.44

High:0.2750

Open:0.2500

Low:0.2482

Close:0.2507

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Overview Company News Filings

GlycoMimetics Agrees to Be Acquired by Crescent Biopharma; Shares Jump

MT Newswires Live

GlycoMimetics Announces Merger with Crescent Biopharma

GlycoMimetics Agrees to Be Taken Private by Crescent Biopharma

GlycoMimetics: NCI Phase 2/3 study of uproleselan did not meet primary endpoint

BRIEF-Glycomimetics Enters Into Acquisition Agreement With Crescent Biopharma

Glycomimetics Shares Fall After Leukemia Treatment Trial Misses Key Goal

GlycoMimetics Inc - Stockholders to Own Approximately 3.1% of Combined Company

THOMSON REUTERS

GlycoMimetics Inc - Concurrent Financing of $200 Million Anticipated

THOMSON REUTERS

GlycoMimetics Enters Into Acquisition Agreement With Crescent Biopharma

THOMSON REUTERS

GlycoMimetics Inc - Crescent Stockholders to Own Approximately 96.9% of Combined Company

THOMSON REUTERS

GlycoMimetics Enters Into Acquisition Agreement With Crescent Biopharma

GlycoMimetics Announces National Cancer Institute Phase 2/3 Study of Uproleselan Did Not Meet Primary Endpoint

THOMSON REUTERS

GlycoMimetics Announces National Cancer Institute Phase 2/3 Study of Uproleselan Did Not Meet Primary Endpoint

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GlycoMimetics, Inc. has announced a merger with Crescent Biopharma, aiming to enhance their presenc...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/glycomimetics-announces-merger-with-crescent-biopharma?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/glycomimetics-announces-merger-with-crescent-biopharma?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","GLYC"],"gpt_icon":0},{"id":"2479085794","title":"GlycoMimetics Agrees to Be Taken Private by Crescent Biopharma","url":"https://stock-news.laohu8.com/highlight/detail?id=2479085794","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479085794?lang=en_us&edition=fundamental","pubTime":"2024-10-29 19:22","pubTimestamp":1730200920,"startTime":"0","endTime":"0","summary":"GlycoMimetics said Tuesday it has agreed to be acquired by privately held biotech company Crescent Biopharma.The company said a syndicate of investors led by Fairmount, Venrock Healthcare Capital, BVF Partners and a large investment management firm has committed $200 million to purchase GlycoMimetics common stock and warrants.The cash balance at closing is anticipated to fund  the company's operations through 2027, including advancement of the its lead program, CR-001, a type of antibody, through preliminary proof of concept clinical data in solid tumor patients expected in the second half of 2026.Also, the company intends to determine potential paths forward for its late stage clinical candidate, Uproleselan, a treatment for a form of leukemia which earlier in the morning GlycoMimetics said missed its primary target in its latest trials.After the transaction concludes, GlycoMimetics stockholders are expected to own about 3.1% of the combined company. The transaction is expected to clo","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","GLYC"],"gpt_icon":0},{"id":"2479408717","title":"GlycoMimetics: NCI Phase 2/3 study of uproleselan did not meet primary endpoint","url":"https://stock-news.laohu8.com/highlight/detail?id=2479408717","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479408717?lang=en_us&edition=fundamental","pubTime":"2024-10-29 19:21","pubTimestamp":1730200888,"startTime":"0","endTime":"0","summary":"GlycoMimetics (GLYC) announced the Phase 2 analysis of the adaptive Phase 2/3 study of uproleselan being conducted by the National Cancer Institute...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/glycomimetics-nci-phase-2-3-study-of-uproleselan-did-not-meet-primary-endpoint?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/glycomimetics-nci-phase-2-3-study-of-uproleselan-did-not-meet-primary-endpoint?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GLYC","BK4139","NCI","BK4202"],"gpt_icon":0},{"id":"2479408316","title":"BRIEF-Glycomimetics Enters Into Acquisition Agreement With Crescent Biopharma","url":"https://stock-news.laohu8.com/highlight/detail?id=2479408316","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479408316?lang=en_us&edition=fundamental","pubTime":"2024-10-29 19:20","pubTimestamp":1730200848,"startTime":"0","endTime":"0","summary":"Oct 29  - GlycoMimetics Inc   :   * GLYCOMIMETICS ENTERS INTO ACQUISITION AGREEMENT WITH CRESCENT BIOPHARMA   * GLYCOMIMETICS INC - CONCURRENT FINANCING OF $200 MILLION ANTICIPATED   * GLYCOMIMETICS INC - STOCKHOLDERS TO OWN APPROXIMATELY 3.1% OF COMBINED COMPANY   * GLYCOMIMETICS INC - CRESCENT STOCKHOLDERS TO OWN APPROXIMATELY 96.9% OF COMBINED COMPANYSource text:    Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","GLYC"],"gpt_icon":0},{"id":"2479477618","title":"Glycomimetics Shares Fall After Leukemia Treatment Trial Misses Key Goal","url":"https://stock-news.laohu8.com/highlight/detail?id=2479477618","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479477618?lang=en_us&edition=fundamental","pubTime":"2024-10-29 19:01","pubTimestamp":1730199660,"startTime":"0","endTime":"0","summary":"Glycomimetics shares fell in premarket trading after the company said a trial for cancer treatment Uproleselan missed its primary target.The Rockville, Maryland-based clinical-stage biotechnology company said the Phase 2 study didn't show a statistically significant improvement for patients receiving the drug in combination with chemotherapy versus chemotherapy alone.The study was performed on adults with newly diagnosed acute myeloid leukemia who were 60 years or older and fit for intensive chemotherapy.Acute myeloid leukemia is form of blood cancer which grows abnormal cells rapidly, building up in the bone marrow and blood, and interfering with normal blood cell production.Glycomimetics said it will transfer the trial data to the National Cancer Institute and the Alliance for Clinical Trials in Oncology to determine if the treatment may merit further study in future clinical trials.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GLYC","BK4139"],"gpt_icon":0},{"id":"2479847736","title":"GlycoMimetics Inc - 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Crescent’s lead program CR-001, a tetravalent PD-1 x VEGF bispecific antibody incorporating the cooperative binding mechanism underpinning recent immuno-oncology breakthrough, expected to have preliminary proof of concept data in 2H26. Crescent pipeline also includes two novel antibody-drug conjugates with topoisomerase inhibitor payloads, CR-002 and CR-003. \"Crescent was founded to harness recent breakthroughs in immuno-oncology and antibody-drug conjugates that pave the way for a next generation of therapies for patients with solid tumors,\" said Jonathan Violin, interim CEO at Crescent and Venture Partner at Fairmount. \"Our lead program CR-001 was precision engineered to impart a cooperative binding pharmacology for VEGF x PD-1 bispecific blockade; this mechanism recently demonstrated superior efficacy to the anti-PD1 antibody","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/pm1Lzh8y0VgIZOCoTjGE7w--~B/aD01MTI7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/65d2d518be443356d1b4e4168daa34e9","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pm1Lzh8y0VgIZOCoTjGE7w--~B/aD01MTI7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/65d2d518be443356d1b4e4168daa34e9"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/glycomimetics-enters-acquisition-agreement-crescent-110000080.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"GlycoMimetics Enters Into Acquisition Agreement With Crescent Biopharma","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4139","GLYC"],"gpt_icon":1},{"id":"2479471315","title":"GlycoMimetics Announces National Cancer Institute Phase 2/3 Study of Uproleselan Did Not Meet Primary Endpoint","url":"https://stock-news.laohu8.com/highlight/detail?id=2479471315","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479471315?lang=en_us&edition=fundamental","pubTime":"2024-10-29 18:30","pubTimestamp":1730197801,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241029:nTUA92PBCJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["GLYC","BK4139"],"gpt_icon":0},{"id":"2479474952","title":"GlycoMimetics Announces National Cancer Institute Phase 2/3 Study of Uproleselan Did Not Meet Primary Endpoint","url":"https://stock-news.laohu8.com/highlight/detail?id=2479474952","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479474952?lang=en_us&edition=fundamental","pubTime":"2024-10-29 18:30","pubTimestamp":1730197800,"startTime":"0","endTime":"0","summary":"ROCKVILLE, Md., October 29, 2024----GlycoMimetics, Inc. , a late clinical-stage biotechnology company discovering and developing glycobiology-based therapies for cancers and inflammatory diseases, today announced the Phase 2 analysis of the adaptive Phase 2/3 study of uproleselan being conducted by the National Cancer Institute  and the Alliance for Clinical Trials in Oncology in adults with newly diagnosed acute myeloid leukemia  who are 60 years or older and fit for intensive chemotherapy. This study did not show a statistically significant improvement in event free survival  for patients receiving uproleselan in combination with 7+3 chemotherapy versus chemotherapy alone.GlycoMimetics is coordinating with the Alliance for transfer of full trial data for additional analysis, including subgroup analysis to evaluate if there are efficacy signals in any patient population that may merit further study in future clinical trials. Top-line results from NCI/Alliance trial are expected to be 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