Nanobiotix Announces Completion of $100 Million Global Equity Offering
Nanobiotix S.A. successfully raised $100 million through a global equity offering, with shares priced at €33.60 each.
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Nanobiotix (NASDAQ:NBTX) reported quarterly losses of $(0.82) per share. This is a 583.33 percent decrease over losses of $(0.12) per share from the same period last year. The company reported $6.533 million in sales
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Nanobiotix S.A. successfully raised $100 million through a global equity offering, with shares priced at €33.60 each.
Nanobiotix reported updated clinical results from its ongoing Phase 1 Study 1100, evaluating JNJ-1900 (NBTXR3) in patients with anti-PD-1-resistant advanced primary cutaneous melanoma.
The HNSCC market is projected to grow from $850 million in 2025 to $2.56 billion by 2036 (10.5% CAGR), driven by HPV-targeted vaccines, checkpoint inhibitors, and biomarker-led patient selection. The US will remain the largest market at $2.082 billion. Key therapies include KEYTRUDA and OPDIVO, with emerging candidates like petosemtamab and amivantamab showing promise in clinical development.
Guggenheim analyst Paul Jeng assumes Nanobiotix (NASDAQ:NBTX) with a Buy rating and announces Price Target of $64.
All 24 patients completed treatment with no dose-limiting toxicities, no Grade 3 or higher adverse events related to JNJ-1900 (NBTXR3 or to the injection procedure, and intratumoral injection was deemed feasibleOne-year
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