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Thats the price it would achieve on approval and peak sales...
bit early for that to happen with the long slog to 'approval' now about to commence
Hey, capping my gains is not a bad problem to have (course, I am saying it to mitigate the 'gains' I am likely to not get (smile))..
But its another 9 months to go.. On that note, this market action is also somewhat confirming what I was wondering if we would see.
That in a market desperate for any reason for shares to run higher, that if that reason occurred, would it happen. So for this one (course, the tight share count really helps), yes it happened.
Now the question is, how far will it fall when the euphoria caps, and how fast does it happen. My son was slow to sell covered calls, and that worked out for him cause he sold the Dec 15s with the share price in the $13.5 range. Was half tempted to tell him to sell his shares instead and reload IF they dropped, cause I suspect that once the selling starts, again, given the low share count? Could get interesting.
But yep, goofed up on this one (so far).. but again, if I lose them, at least it will be with gains..
Now to see what the 'analysts' and company says with respect to expected revenue generation. Cause this product is looking like a 'one dose' and done sale. So they better be able to get a decent price or that estimated $600 Mil market cap might be tough to achieve on just this one product.
Good luck
Cheers - I'd take a buyout. Would actually appreciate someone taking the decision of when to exit out of my hands
My price target still stands at $20 short term, within this week or end of next week the latest. Anything can happen after that, the company is primed for a buyout and it could range from 30-50 dollars.
You say 70% accurate as to your price targets and also that 20-25 will definitely happen before year end. So what's your price target?
You will surely see those number most definitely by year end.
I’ll settle for 20-25 by year end
Maybe it will, maybe it won't. Will this be one of those that I batted 100%? Who knows, but I do know one thing, I am 70% accurate with my price targets.
20 late this week or early next week.
Actinium shares are trading higher after the company announced the results from its pivotal Phase 3 SIERRA trial of iomab-b in patients with active relapsed or refractory acute myeloid leukemia met its primary endpoint of durable complete remission.
I’m sorry it didn’t pan out for you. I would’ve been happy to wait another month or so (what’s a few months after several years anyway). You had history on your side with this one. The way I see it, although still positive, even the gains in pre market trading have been falling since I awoke..,
You don't think we'll see a run up leading to Ash?
Well now, if someone has an 'award' for lousy timing??
I win with my decision to sell covered calls on my shares 'recently' (ok, for $3/sh cheaper than they are now) (my take out price is actually around $8.50 due to what I got for the calls)
But now with the new being out?? Now starts the long next 3 months or so for the NDA submission(??), then another 6-9 for the review and decision...
See what it does after this news is 'absorbed'..
Way it goes sometimes.. Good luck to those that still 'own' theirs (smile)
Actinium Announces Positive Top-line Results from Pivotal Phase 3 SIERRA Trial of Iomab-B in Patients with Active Relapsed or Refractory Acute Myeloid Leukemia
DOWNLOAD AS PDF OCTOBER 31, 2022
- Iomab-B met the primary endpoint of durable complete remission of 6-months following initial complete remission after HCT with a p-value of <0.0001
NEW YORK, Oct. 31, 2022 /PRNewswire/ -- Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) (Actinium or the Company), a leader in the development of targeted radiotherapies, today announced positive top-line results from the pivotal Phase 3 trial for its lead product candidate Iomab-B. The SIERRA (Study of Iomab-B in Elderly Relapsed or Refractory AML) trial was conducted in patients 55 years of age or older who had active disease (relapsed or refractory AML). The SIERRA trial is a randomized, multi-center, controlled study which compared Iomab-B as a conditioning regimen prior to a Bone Marrow Transplant (BMT) versus a control arm which allowed all current means of conventional care with the intent to transplant these patients. The SIERRA trial met its primary endpoint of durable complete remission or dCR of 6 months post initial remission after a BMT in Iomab-B arm compared to conventional care arm demonstrating statistical significance p<0.0001.
(PRNewsfoto/Actinium Pharmaceuticals, Inc.)
Dr. Avinash Desai, Actinium's Chief Medical Officer, added, "We are excited that the randomized, controlled, multi-center, pivotal SIERRA trial has delivered these results for patients that need new treatment options. Our goal is to increase access to BMT and improve patient outcomes with Iomab-B, and these topline results move us in this direction given their statistical significance. We will continue to work on our Biologics License Application (BLA) submission to the US Food and Drug Administration (FDA) for approval of Iomab-B. On behalf of Actinium, I'd like to thank the patients who took the leap of faith and enrolled in the SIERRA trial, their families and caregivers who supported them and the investigators who contributed their efforts and advice who made this trial possible. Without them it would not have been possible to yield these results that will enable us to continue to develop Iomab-B."
Sandesh Seth, Actinium's Chairman and CEO, said, "This is a significant milestone in Actinium's lifecycle and a testimony to the quality of our team who undertook a pioneering study in a patient population that is considered largely futile to treat. Despite being perennially under-staffed and under resourced, their passion and perseverance has yielded a clinically meaningful dividend. Our recently strengthened team is executing to enable our mission to disrupt the field of bone marrow conditioning with Iomab-B, first in r/r AML and then by building upon its robust prior clinical results in several hematological diseases. We look forward to sharing additional clinical data from the SIERRA trial by year end."
About Iomab-B and the Pivotal Phase 3 SIERRA Trial
Iomab-B is a first-in-class targeted radiotherapy intended to improve patient access to potentially curative BMT by simultaneously and rapidly depleting blood cancer, immune and bone marrow stem cells that uniquely express CD45. Multiple studies have demonstrated increased survival in patients receiving BMT, however, an overwhelming majority of patients with blood cancers do not receive BMT as current approaches do not produce a remission, which is needed to advance to BMT, or are too toxic. Studied in over 400 patients, prior studies with Iomab-B have demonstrated nearly universal access to BMT, increased survival and tolerability in multiple clinical trials including the recently completed pivotal Phase 3 SIERRA trial in patients with active (leukemic blasts >5%), relapsed or refractory acute myeloid leukemia (r/r AML) age 55 and above. The SIERRA trial produced positive topline results, meeting its primary endpoint of durable Complete Remission (dCR) of 6 months with statistical significance (p<0.0001). Actinium intends to submit a Biologics License Application (BLA) seeking approval for Iomab-B to address patients age 55+ with r/r AML who cannot access BMT with currently available therapies. Iomab-B has been granted Orphan Drug Designation from the U.S. Food and Drug Administration (FDA) and has patent protection into 2037.
The pivotal Phase 3 SIERRA (Study of Iomab-B in Elderly relapsed or refractory AML) is a 153-patient, randomized, multi-center clinical trial, studying Iomab-B compared to the control arm of physician's choice of salvage therapy. Control arm options included chemotherapies like cytarabine and daunorubicin and targeted agents such as a Bcl-2 inhibitor (Venetoclax), FLT3 inhibitors and IDH 1/2 inhibitors. The SIERRA control arm reflects real-world treatment of r/r AML patients with over 20 single agents or combination of agents as no standard of care exists for this patient population. Data from full patient enrollment presented at the Transplantation & Cellular Therapy Tandem Meetings in April 2022 showed that 100% of patients receiving Iomab-B accessed BMT and engrafted without delay. Iomab-B was also shown to be well tolerated given its targeted nature, consistent with its previous clinical data. The SIERRA trial enrolled patients at 24 leading transplant centers in the United States and Canada that perform over 30% of AML BMTs.
Developed at the Fred Hutchinson Cancer Research Center, a pioneer in the field of BMT, Iomab-B is supported by data in six disease indications including leukemias, lymphomas and multiple myeloma, which afflict over 100,000 patients annually. Actinium intends to pursue additional indications for Iomab-B beyond AML. Actinium also intends to pursue international regulatory approvals independently and through partnerships. In April 2022, Actinium licensed the European, Middle East and North African commercial rights for Iomab-B to Immedica AB, a fully-fledged independent pharmaceutical company headquartered in Sweden. In exchange, Actinium received an upfront payment of $35 million USD with the potential for an additional $417 million USD in regulatory and sales milestones and mid-twenty percent royalties. Europe represents a commercial opportunity double the size of the United States by number of patients with AML receiving BMT. Iomab-B has been granted Orphan Drug Designation by the European Medicines Agency (EMA) and has received positive Scientific Advice from the Committee for Medicinal Products for Human Use (CHMP) of the EMA indicating that the Phase 3 SIERRA trial design, primary endpoint and planned statistical analysis are acceptable as the basis for a Marketing Authorization Application.
About Actinium Pharmaceuticals, Inc.
Actinium Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company developing targeted radiotherapies to deliver cancer-killing radiation with cellular level precision to treat patients with high unmet needs. Actinium's clinical pipeline is led by radiotherapies that are being applied to targeted conditioning, which is intended to selectively deplete a patient's disease or cancer cells and certain immune cells prior to a bone marrow transplant (BMT), gene therapy or adoptive cell therapy, such as CAR-T, to enable engraftment of these transplanted cells with minimal toxicities. Our lead product candidate, I-131 apamistamab (Iomab-B) has been studied in over four hundred patients in six disease indications including acute myeloid leukemia (AML), myelodysplastic syndrome (MDS), acute lymphoblastic leukemia (ALL), hodgkin's lymphoma, non-hodgkin's lymphoma (NHL) and multiple myeloma across twelve clinical trials including the pivotal Phase 3 Study of Iomab-B in Elderly Relapsed or Refractory Acute Myeloid Leukemia (SIERRA) trial for BMT conditioning. Iomab-B targets CD45, a cell surface protein expressed on blood cancer cells, normal nucleated immune cells and bone marrow stem cells. Actinium licensed the world-wide exclusive rights to Iomab-B from the Fred Hutchinson Cancer Research Center, a noble prize-winning institution that pioneered the field of bone marrow transplant. Data. Data from the pivotal Phase 3 SIERRA trial has been presented at multiple international medical conferences such as the annual meeting of the American Society of Hematology (ASH) with recent topline data submitted for presentation at this year's meeting, the Tandem Meetings, Transplantation & Cellular Therapy Meetings of the American Society for Transplantation and Cellular Therapy (ASTCT) and the Center for International Blood & Marrow Transplant Research (CIBMTR), and the annual meeting of the Society of Hematologic Oncology (SOHO), where it was awarded honorable distinction in 2019. Post successful topline results, the Company expects to release a more comprehensive set of results by year-end 2022 and is working toward a BLA filing in 2023. Iomab-ACT, low dose I-131 apamistamab, is being studied as a targeted conditioning agent in a Phase 1 study with a CD19 CAR T-cell Therapy with Memorial Sloan Kettering Cancer Center with NIH funding. Iomab-ACT employs a lower dose of I-131 and is being developed to be a single-infusion, out-patient administered therapy that can transiently lymphodeplete patients prior to receiving their CAR-T cellular therapy. Actimab-A, our second most advanced product candidate has been studied in approximately 150 patients with Acute Myeloid Leukemia or AML, including in ongoing combination trials with the chemotherapy regimen CLAG-M and with venetoclax, a targeted therapy. Actimab-A or lintuzumab-Ac225 is an Actinium-225 based antibody radiation conjugate targeting CD33, a validated target in AML. Actinium is a pioneer and leader in the field of Actinium-225 alpha therapies with an industry leading technology platform comprising over 195 patents and patent applications including methods of producing the radioisotope AC-225. Our technology and expertise have enabled collaborative research partnerships with Astellas Pharma, Inc. for solid tumor theranostics, with AVEO Oncology Inc. to create an Actinium-225 HER3 targeting radiotherapy for solid tumors, and with EpicentRx, Inc. to create targeted radiotherapy combinations with their novel, clinical stage small molecule CD47-SIRPa inhibitor. More information is available on Actinium's website: https://www.actiniumpharma.com/.
Investors:
Hans Vitzthum
LifeSci Advisors, LLC
Hans@LifeSciAdvisors.com
(617) 430-7578
Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/actinium-announces-positive-top-line-results-from-pivotal-phase-3-sierra-trial-of-iomab-b-in-patients-with-active-relapsed-or-refractory-acute-myeloid-leukemia-301662998.html
SOURCE Actinium Pharmaceuticals, Inc.
Released October 31, 2022
NEW YORK, Oct. 31, 2022 /PRNewswire/ -- Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) (Actinium or the Company), a leader in the development of targeted radiotherapies, today announced positive top-line results from the pivotal Phase 3 trial for its lead product candidate Iomab-B. The SIERRA (Study of Iomab-B in Elderly Relapsed or Refractory AML) trial was conducted in patients 55 years of age or older who had active disease (relapsed or refractory AML). The SIERRA trial is a randomized, multi-center, controlled study which compared Iomab-B as a conditioning regimen prior to a Bone Marrow Transplant (BMT) versus a control arm which allowed all current means of conventional care with the intent to transplant these patients. The SIERRA trial met its primary endpoint of durable complete remission or dCR of 6 months post initial remission after a BMT in Iomab-B arm compared to conventional care arm demonstrating statistical significance p<0.0001.
Perhaps the first to be beaten down ( biotech sector) will be first to show improvement in this market? I would love to see $20 before the end of the year. Pretty sure I’d sell my position should that occur. As you said, not a whole lot of promise in the pipeline for years after the (hopefully) good news coming soon.
Up 30 cents pre on less than 3000 shares over 5 or so 'trades'.. LOL..
Damn... obviously did not see this 'jump ' coming when I sold the calls. Oh well, my 'break even' is $8.50, so only 'out' 50 cents or so this morning..
note: been tracking ATNM vs the ETFs like ibb and xbi.. kind of been 'lock step' with them. So until they release the data, still expecting it to more or less 'track' with what these etfs do..
but can't discount the 'momentum' players chasing shares now that its made a move either...
Oh well, see what happens. disclaimer: new target price for me is around $20 now with 25 Mil shares outstanding.
Agree, hate it when companies 'dilute' even tho I u/stand the evil necessity of doing so.
And with their 'other' developments so far away from even reaching the PH 3 stage, all they have going is this first product. And I have no idea what their revenue stream 'could be'. I recall someone saying a market cap of $600 Million or so, but I don't recall seeing the 'justification' for it. That would be around a $24/sh share price, thanks to the new shares (I had $30 for a target price at 14 Million shares)...
So, because of these additional shares, messy market, I decided to sell the Nov $7.5s the other day for around a $/. Decided its time to start getting 'something' cause once the data is released, its a 9 month+ long slog to the decision day. And then the bio sector ETFs lit up (IBB, XBI to name the big ones) and I suspect helped pop the share price. So at present, my shares are up for grabs in Nov for $7.5 (go figure)..
Ok, they said data by the end of the year. See when it comes out, was 'hoping' for Dec. And then planned to sell covered calls for the next few months while we waited. But to close, yeah, the doubling plus some of the share count post the r/split (11 Mil to now 25 Mil) has taken away more of the 'expectations' in terms of share price than I like to see.
Now to see if this pulls back some, see if the bio sector stays hot or if this is a short term 'blip'... Cause nothing has changed in terms of the economic outlook for the US other than, its likely to get worse for a while..
Thank you for the information. I really hope that, as things materialize, we’ll see at least a spike above the 20 dollar mark before settling down again. It’s a shame that, combined with the dilution, we appear to be in the perfect economic storm that’s enough to take the wind out of our sails.
Just took a glance at the current outstanding share count. Yep, they have 'quietly' been selling shares, up from what was it 11 Mil after the r/split, now at 25 Mil outstanding, with a market cap of $189 Mil.
Guessing this is going to put a 'dent' in the expected share price, might cap it out around $20/sh instead of maybe double that at 14 Mil outstanding.. (last share count I was aware of)...
So what does it do on the 'news'? Who the heck knows now with approx a year from the data release to a potential FDA decision date. And a weak market..
Just not as 'attractive' as it was with 14 Mil shares outstanding.. but the way it goes..
You may very well get your wish before mine..
If only I had dry powder. I’d prefer 20-30 sooner than later.
Would like to see $5/sh again before it happens (smile)
The calm before the storm perhaps? Waiting for that elusive release of results…
A little bit of profit taking on the heels of last week’s run up?
Nice trends leading up to a strong q4 I hope!
Slide 13 at this link has the latest 'timeline' for the PH 3, Q4 for topline data, BLA submission 1/2 2023 Then 9 months for a decision.. So there is still 'time' before the 'big dance' likely the earliest, end of 2023. Maybe the move in the share price is in anticipation of the PH 3 topline release (or is it because the bio sector ETFs XBI, IBB are making a run lately. Cause ATNMs move that started on the 1st trading day in August mirrors the start of the move up in XBI and IBB.. (don't like the ETFs cause they can jerk individual stocks around too much, both up and down)
put an H in front of the ttps, copy and paste.
ttps://d1io3yog0oux5.cloudfront.net/_c86ecd53cd64339c937ea4a9ef823c7e/actiniumpharma/db/206/944/pdf/Actinium_Investor+Presentation_May+13+2022.pdf
Pretty good week. If the markets did indeed bottom out in June, and we release great data from our trial in the coming weeks, we may be able to catch the next wave up.
Hopefully this momentum will carry through for the rest of the month and we are met with outstanding results to take us through the rest of the year! Late August, early September is the time period I’ve been focused on.
I’ll take approximately 10% up anytime!
Making a little run today. Hopefully we are close.
Holding firm here as well!
It’s exhausting! But I’m holding strong and buying more.
Well, another month closer, still at a bargain price relative to a target price of $20 (mine)..
Man do biotechs take 'time' to get to the end game or what (LOL)
Because of how well the PH 2 went, I am already expecting the PH 3 to be a repeat (was asking the question of, given how this 'works', why was a PH 3 even necessary or anything more than a half way study (ie, halt the PH 3 at the interim point)..
Whats really crappy timing was, I have another one that the fed DEATH agency delayed a decision on that I was hoping to roll the gains from that one over into shares of this one.. So not getting news until the 3rd qtr might actually work out... and as i plan to sell covered calls starting after the trial results are released... having some 'calmness' in the share price would be to my benefit in terms of 'keeping' the shares.
Be nice to see 'weekly' calls at that point, but suspect the low share count will negate that possibility.
And yeah, where as it would have been nice to get a spike over $40 on the approval decision?? In a lousy market, maybe they get $20 and then have to 'EARN' that $30 or higher the old fashioned way. IE, actually have sales to justify the share price.. Something the market is not 'used' to anymore (mercy)
I definitely can see how a weak market will be influencing any good news from any company. It’s crappy timing for ATNM to release results but maybe we will enjoy a greater rebound?
Yep, sometime in the 3rd qtr.. And lousy market timing for with a sour market, not expecting the same share price reaction to good news like they might have gotten in a more 'upbeat' environment.
https://www.actiniumpharma.com/product-pipeline/iomab-b
Patient enrollment in the SIERRA trial was completed in the third quarter of 2021 and the last patient on SIERRA was transplanted in the fourth quarter of 2021. Topline data results are expected in the third quarter of 2022.
We’re definitely due for some good news! Late July, early August perhaps?
Another MONTH closer...
hoping another one happens before this says something 'too good'..
There are many near term catalysts...
1.Topline SIERRA data Q3 2022 (July?) already Orphan Drug Status in US and Europe
2.US and ROW Sierra partnership 2022
3. SIERRA BLA filing 1H 2023
4.Iomab-ACT CAR-T data 2022
5. GeneTx data 2022
6.Actimab-A + CLAG update 1H 2022
7.Actimab-A + Venetudax ph.2 1H 2022
8.AWE platform advances 2022
The very attractive European partnership should be followed by an US and ROW partnership. Or perhaps by a BO. Astellas is the 1000 lb. Gorilla in the room. If they like what they have seen so far they could buy up the whole company for a few $Billion. They have multi-Billions in cash! Chicken feed for them...but a nice return for Actinium investors!
No wonder H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Actinium Pharmaceuticals (ATNM – Research Report) and set a price target of $45.00.
This stock needs Viagra. Can’t keep the share price up for anything…