MAIA Biotechnology Shares Rise After Supply Agreement With BeiGene

Dow Jones
01-08
 

By Chris Wack

 

MAIA Biotechnology's shares rose 19% to $2.46 after the company said it entered into a clinical supply agreement with BeiGene to evaluate THIO, MAIA's telomere-targeting anticancer agent.

The clinical-stage biopharmaceutical company said THIO will be used alongside BeiGene's tislelizumab in three cancer types: hepatocellular carcinoma, small cell lung cancer, and colorectal cancer.

The trials will test the combination's efficacy in single-arm Phase 2 studies.

MAIA will fund and sponsor the trials, retaining global rights to THIO while BeiGene supplies tislelizumab. The Chicago-based company is trying to get accelerated Food and Drug Administration approvals for these indications.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

January 07, 2025 13:05 ET (18:05 GMT)

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