Ocean Biomedical (OCEA) Stock

Ocean Biomedical's Anti-CHI3L1 patent coverage includes multiple methods of use for targeting a broad range of Cancers that include Lung Cancer, Glioblastoma, Prostate Cancer, Melanoma, and Breast Cancer

Providence, RI, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Ocean Biomedical (NASDAQ: OCEA ) announced today that its Scientific Co-founder Dr. Jonathan Kurtis, MD, PhD, has been issued a key U.S. patent for his groundbreaking malaria therapeutic antibody discovery that targets PfGARP. Since publicizing news of his original research on PfGARP and its critical role in the malaria cycle in the Journal NATURE , Dr. Kurtis and his team have been working to deepen their understanding of how it naturally triggers the death of malaria parasites, and their control of that mechanism. Their expanded insights have already led to: 1.) a powerful vaccine candidate targeted for long term prevention of malaria infection; 2.) a therapeutic antibody candidate for short term malaria prevention; and 3.) a therapeutic small molecule drug candidate targeted to treat severe malaria, with potential to launch a whole new class of malaria medicines.

Providence, RI, June 05, 2024 (GLOBE NEWSWIRE) -- Ocean Biomedical, Inc. (NASDAQ:  OCEA ), a biopharma company working to accelerate the development of compelling discoveries from top research scientists, today congratulates its JV partner Virion Therapeutics, LLC, a clinical-stage biotechnology company developing novel T cell-based immunotherapies, on its late breaker presentation highlighting the first-ever human immunogenicity data from its novel checkpoint modifier immunotherapy for HBV functional cure (VRON-0200), at the EASL 2024 Congress (The European Association for the Study of the Liver), taking place in Milan, Italy from June 5 - 8.

Ocean Biomedical (NASDAQ: OCEA) revealed today that Dr. Jonathan Kurtis, MD, PhD, a Scientific Co-founder, has received a new patent for his groundbreaking malaria therapeutic antibody findings. These discoveries aim to prevent malaria infection and manage severe malaria by inducing parasite death through apoptosis, a crucial stage in the malarial cycle. This extended patent protection comes at a critical time as prevalent strains of malaria exhibit increasing resistance to existing Artemisinin-based medications.

Providence, RI, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Ocean Biomedical, Inc. (NASDAQ:  OCEA ), a biopharma company which endeavors to accelerate the development of compelling discoveries from top research scientists, today congratulates its  joint venture partner , Virion Therapeutics, LLC, a clinical-stage biotechnology company developing T cell-based immunotherapies, for the acceptance of their abstract highlighting the first-ever human data from its novel checkpoint modifier immunotherapy for HBV functional cure, for late breaker oral presentation at the upcoming 33 rd Annual Meeting of APASL (The Asian Pacific Association for the Study of the Liver), taking place in Kyoto, Japan from March 27-31, 2024.

Ocean Biomedical is a biotech company focused on generating lead candidates for clinical development. They have programs in various therapeutic areas, including oncology, fibrosis, and malaria. The company's main target is Chi3l1, a protein associated with cancer, and has promising preclinical data, but no products in clinical trials yet.

Ocean Biomedical's Oncology Platform currently consists of 27 Patents Issued or Pending. Ocean Biomedical's first-in-class anti-CHi3L1 therapeutic immunotherapy program has shown compounding efficacy in multiple lung cancer models while simultaneously inhibiting multiple oncogenic pathways, including hard-to-treat Non-Small Cell Lung Cancer (NSCLC).

Ocean Biomedical (NASDAQ: OCEA ) stock is rising higher on Wednesday after the medical company announced a price target increase from Fundamental Research. According to Ocean Biomedical, the latest report from Fundamental Research comes with a price target for the stock of $17.63 per share.

Ocean Biomedical (NASDAQ: OCEA ) stock skyrocketed on Tuesday on the announcement of a potentially groundbreaking development. Specifically, Ocean's scientific co-founder Dr. Jack Elias received a broad patent regarding his cancer immunotherapy treatment.