Precigen Inc (PGEN) Quote

A one-trick pony!

PGEN under $2

PGEN TRIGGER 1.96 BREAK OUT....NOW 2.23

PGEN HERES THE BREAK TO 1.96

Institutions own 66%.

That is a very good sign. Looks like it may hit its 52-week high this week.

PGEN ONE OF THE HOTTEST BIOS AROUND

PGEN HERE WE GO

PGEN I SEE THE 2.14 MAGNET

PGEN READY TO RUMBLE THIS LITTLE BIO BEAST AS IT PREPARES TO BREAK OUT ON THE WEEKLY

PGEN NEXT LITTLE BIO BEAST COMING IN HERE

$$$PGEN$$$ Let it ride!!! $$$

https://www.sec.gov/Archives/edgar/data/1356090/000095010324018479/dp222802_ex0301.htm

...Appr. oximately $25,000,000. Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: The information set forth in Items 3 and 6 is incorporated herein by reference. In the Offering, the Company issued 79,000 shares of Preferred Stock of the Company and 52,666,669 warrants to purchase Common Stock of the Company (the "Warrants") to certain new and existing investors, including RJ DOT, on the terms and conditions set forth in that certain SPA. The Preferred Stock is convertible into shares of common stock of the issuer (i) at the option of the holder at any time on or after the later of the six-month anniversary of the issue date and the date on which the issuer has, among other things, obtained shareholder approval, and (ii) at an initial conversion price of approximately $1.125 per share, which is 150% of the exercise price of the Warrants. The conversion price is subject to upward adjustment based on the valuation of the common stock from time to time. The Preferred Stock is redeemable, in whole or in part, for cash at the issuer's option at any time on or after the issue date for an amount equal to the liquidation preference at such time, plus accumulated and unpaid dividends. Dividends on the Preferred Stock will be paid annu

$$$PGEN$$$ HOLY SMOKES!!! $$$

$PGEN$ Let's see dollarland by eod.

$$$PGEN$$$ Monster run $$$

In Aug there was a $30 million offering. A workforce reduction of over 20%. Pausing of other CAR-T clinical programs except PRGN-3006*. Shutdown of ActoBio subsidiary operations. Pause of all preclinical programs.

* Why is this not ''paused'' (dead) as well?

PGEN under $2

PGEN under $1

PGEN under $2

PGEN under $2

what I got from it; the competition never sleeps. And I think this new TCXpress could be a real interesting game changer in the treatment of a large number of health issues. Certainly a curious coincidence that Dr. Clint Allen will be leading the charge, he is the much touted KOL for the pigeon team on prgn-2012

what does this have to do with PGEN, or did you post on the wrong board?

(OT) BlueSphere Bio, a T-cell receptor (TCR) T-cell therapy company utilizing a powerful TCR discovery platform to identify novel therapeutic candidates for patients with hematologic malignancies and solid tumors, today announced a strategic collaboration with the National Cancer Institute (NCI), part of the National Institutes of Health. The collaboration will seek to advance a novel TCR T-cell therapy targeting recurrent respiratory papillomatosis (RRP), a rare orphan disease.

Under the terms of a Cooperative Research and Development Agreement (CRADA), BlueSphere will collaborate with the Center for Cancer Research (CCR) at the NCI. The clinical studies contemplated under the CRADA will be conducted under the leadership of Clint Allen, M.D. and Scott Norberg, D.O. at the CCR, NCI. An earlier Material Transfer Agreement had granted BlueSphere access to HPV+ tumor samples collected by the NCI, with which BlueSphere leveraged its proprietary high-throughput TCR discovery platform, TCXpress™, to identify multiple TCRs with a high affinity for human papilloma virus (HPV) 6 and 11, strains of the virus intricately linked to RRP.'' https://finance.yahoo.com/news/bluesphere-bio-establishes-strategic-collaboration-140000958.html

found this on the IV board...kirkiefuk may have stopped himself from taking over?

PGEN under $2

If there was any good data for the three ongoing CAR-T programs, we would have heard about it.

PGEN under $2

PGEN..............................https://stockcharts.com/h-sc/ui?s=PGEN&p=W&b=5&g=0&id=p86431144783

PGEN......................................https://stockcharts.com/h-sc/ui?s=PGEN&p=W&b=5&g=0&id=p86431144783

PGEN under $2

Owing this stock is like chinese water torture drip, drip, drip,
down 5%, down 5%, down 5%

I think they were looking to generate interest in the ''platform.'' The company is another chameleon that has fooled many investors over the years with no real progress. They stay listed just to do (unlimited) cash grabs. The SP has slumped time and time again, with RJ Kirk screwing many!

PGEN under $2

Precigen (ex Intrexon XON) recently agreed to pay $13M to the former shareholders to settle the misleading statements lawsuit.

Court: Northern District of California
Case number: 5:20-cv-06936-BLF
Case details and filing for compensation here.

$PGEN - 👆 Up 12% Pre-Market/Current Price $1.33
👉Announces FDA Confirmation that the Ongoing Phase 1/2 Study of PRGN-2012 AdenoVerse Immunotherapy Will Serve as the Pivotal Study to Support Accelerated Approval
👉And provides Financial Results and updates

Looks like the interest and volume is picking up on this PR today
https://finance.yahoo.com/news/precigen-receives-breakthrough-therapy-designation-113000335.html

new seeking alpha story
https://seekingalpha.com/article/4609689-unraveling-the-promise-of-precigen-biotech-innovations-amid-financial-challenges?mailingid=31704118&messageid=2800&serial=31704118.1838&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=31704118.1838

This target must be older than 1/2 USA population

Of all the targets they chose mesothelin! https://www.prnewswire.com/news-releases/precigen-presents-preclinical-data-for-the-next-generation-mesothelin-ultracar-t-with-intrinsic-pd-1-blockade-at-the-aacr-annual-meeting-2023-301798470.html

It makes little sense for them to waste resources on CD19 and BCMA-targeted CAR-T's considering just how crowded each space is. As for IL-12, it failed in multiple indications https://www.prnewswire.com/news-releases/precigen-regains-exclusive-rights-to-proven-car-t-targets-cd19-and-bcma-to-enable-unencumbered-development-and-commercialization-of-ultracar-t-301788820.html

LYEL has an anti-ROR1 CAR-T in the clinic, but only in solid tumours (starting in NSCLC and TNBC) https://ir.lyell.com/static-files/ad2cd8dc-b41b-4536-a854-c4d1246422e6 https://ir.lyell.com/static-files/6014be8d-4e9d-499b-a496-513d2962f3e4

They are also working on a next-gen version https://lyell.com/pdf/SITC_NR4A3%20Poster_Print_102022_FINAL.pdf https://lyell.com/pdf/SITC_STIM-R%20Poster_ePoster_FINAL.pdf

Wow, just over 17 months since they filed an IND! https://www.prnewswire.com/news-releases/precigen-announces-further-advancement-of-ultracar-t-platform-with-first-patient-dosed-in-phase-11b-dose-escalationdose-expansion-study-of-prgn-3007-in-advanced-ror1-hematological-and-solid-tumors-301784205.html

More preclinical data! https://www.abstractsonline.com/pp8/#!/10828/presentation/3388

Considering the other (preclinical) data for PRGN-3005, 3006 and 3007, I wouldn't read much, if anything into it. Also, by now, you would think that the company would have translational data from the two ongoing trials, which could help inform them as to why genes they might silence next, using (from memory) miRNA.

JPM presentation https://investors.precigen.com/static-files/bd82c7b7-e8b9-4b19-be44-6a9de4165ae6

Some quick thoughts.

Slide 4: Despite AG019 being listed they did not provide an update.

Slide 8: The internal assessment leaves a lot to be desired. Focusing on iPSC-derived, it allows for a company to create multiplexed engineered, clonal master cell lines, which are a renewable source that enables routine, mass production of immune cells that are off-the-shelf (on-demand availability). Also, allows for broad patient access as it can scale. For example, FATE created over 300 doses of FT500 for around $3,000 per dose. PGEN on the other hand has never disclosed any (projected) COGM.

As for auto, GILD's Kite has a median manufacturing time (from apheresis to finished product) of 16 days in the US, but are hoping to reduce this to just a few days. BMY and others are following suit. For COGM (one paper puts it in the $160-170,000 range), it could be cut in at least half with automation alone.

Slide 11: Talk about apples to oranges! Not only do they compare auto to allo (both iPSC- and donor-derived), but CAR-T to CAR-NK as well! Typically, NK do not expand upon encounter with antigen and have (very) limited persistence.

Slide 12: If the depth and duration of response (from the dose expansion) is as poor as it has been no more time and money should be wasted on it.

Slide 15: Again, they have switched to giving the therapy via IV (plus LD chemo), so there is no known safety (on target, off tumour toxicities, CRS and/or ICANS) or efficacy profile. Also, the ORR (when given via IP) was zero. In addition, those treated at DL3 did worse (despite better expansion and persistence) than those treated at DL1 and DL2.

Slide 17: True, gene therapies have the potential to revolutionise medicine, but I very much doubt any company will be using the AdenoVerse platform to deliver them.

Slide 24: Totality of the data is what matters, not a single patient. I hope the update for PRGN-2012 isn't like the last time!

Slide 27: The ORR for the vaccine alone was zero. As for the combo, 30%, but just three out of ten. Based on that, they shouldn't have continued with the current trial.

Slide 29: Major milestones? The only updates for this year will be PRGN-2012 and PRGN-2009 (+/- M7824).

So, out of six milestones for this year, the company failed to accomplish (at least) four of them. I say at least four as I'm not 100% certain that a multicentre expansion cohort to test PRGN-3006 for R/R AML happened.

PRGN-3005: They moved forward with testing DL3 plus LD chemo prior to IV infusion. Also, are able to incorporate repeat dosing. Based on the previous data, as well as this, I don't hold out much hope.

PRGN-3006: Another year has passed and only nine additional patients have been treated. Worse still, none have responded.

PRGN-3007: Not only haven't they dosed the first patient, but the trial isn't even listed on the clinicaltrials website.

The cash runway is now much longer with the sale of transova and a $100 million shelf with Cantor Fitz. Sadly, hell-in flat lied in the recent conf call about raising money, and then 24hrs later we get the shelf, unreal.

<<Jennifer Kim with Cantor Fitzgerald. Please go ahead.

Hey, everyone.... And then my second question is broader, with the Trans Ova divestiture, has anything changed in your mind in terms of portfolio prioritization and added flexibility to explore opportunities that you weren't able necessarily to consider beforehand?


Answer; As Harry mentioned, we have a solid runway well to the fourth quarter of 2023, which has allowed us to basically go through our – some of the clinical timelines that we have for reporting the data. And I think that's going to be very good. And we basically do not have to take anything from the financial strength that we have, or I should say the money that we have, currently that is dedicated to our clinical trial and be diverting this for our convertible notes. And that's – obviously it's a huge, I think, pressure off at this point, especially during this financial times and not diluting our investor base. So we are very happy about that.

We have prioritized portfolio as we have mentioned in our slides and according to the three pillar of a strategy that we have and we mentioned for instance, even in regard to our AG019, which is a very exciting program for a type 1 diabetes, we feel that this has served best with partnership, which the discussions on our partnerships are ongoing and we look forward to report on that in the near future.>>

''Meanwhile, Precigen faces a different type of problem: a $201m convertible debt comes due for repayment in July 2023, but the group has just $142m in cash, and its market cap has fallen to $260m.

With little chance of an equity raise at the current valuation and in the current market Precigen has mooted selling off non-core assets to raise the necessary cash. Wells Fargo analysts suggest that Precigen’s lead Actobiotics asset, AG019 for type 1 diabetes, could be the first to go.

The company could also try to renegotiate the debt, but equity investors seldom come out well from such moves.'' https://www.evaluate.com/vantage/articles/news/deals/ataras-latest-setback-troubled-field

Thanks. I had issues with the target for PGEN-3006, as back during an ISCT '17 presentation, Dr. Saar Gill suggested that just hitting CD123, or CD33 in AML was a non-starter, and smarter approach needed. Based on that and the comments from the PI, I think the company should discontinue the program.