SAB Biotherapeutics Inc

SAB Biotherapeutics Inc (SABS) News & Events

$3.180

+0.061 (+1.92%)At close

SABS News

SABS Events

10/13 09:00

SAB Biotherapeutics Receives FDA Fast Track Designation

SAB Biotherapeutics announced that the FDA has granted Fast Track designation to SAB-142, a potentially disease-modifying immunotherapy being developed for the treatment of individuals with new-onset Stage 3 type 1 diabetes.

4/29 07:40

Emergent BioSolutions Signs $50M Agreement with SAB Biotherapeutics

Emergent BioSolutions (EBS) announced a multi-year agreement with SAB Biotherapeutics (SABS) to support the process development and manufacturing of SAB-142, SAB BIO's lead program in clinical development for autoimmune type 1 diabetes. The executed agreement is valued at approximately $50M, of which $36M is contingent on future regulatory approval and downstream milestones. Under the terms of the agreement, Emergent will provide end-to-end development and manufacturing services to SAB BIO that are compliant with current good manufacturing practices. These services will include process development and scale-up, technology and analytical method transfer, manufacturing for SAB-142's ongoing clinical program and commercial manufacturing services upon regulatory approval.

3/18 06:10

Deal Size Increased to $85M in Common Stock

The deal size was increased to $85M in common stock from $75M in common stock and the range was $3.75-$4.07. Jefferies, UBS, Citi and Barclays acted as joint book running managers for the offering.

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