SIONSionna Therapeutics Inc. Common Stock

5.290USD-15.36%Mkt Cap: 239.17M $P/E:

Sionna Therapeutics, Inc., a clinical-stage biopharmaceutical company, researches and develops medicines for the treatment of cystic fibrosis (CF). It develops galicaftor (SION-2222), a transmembrane domain 1 (TMD1)-dire…

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Motley Fool
Sionna Therapeutics (SION) Resets After Trial Miss, Is The Discount Now Too Deep?

Sionna Therapeutics (SION) is back in focus after reporting topline results for its cystic fibrosis programs, including a Phase 2a proof of concept miss for SION-719 and supportive Phase 1 data for SION-451 combinations. See our latest analysis for Sionna Therapeutics. The Phase 2a miss for SION-719 triggered a sharp reset in sentiment, with Sionna Therapeutics’ share price down 86.8% over the past week and 84.1% year to date. The 1-year total shareholder return has declined 70.1%, indicating...

Simply Wall St.
Sionna Therapeutics (SION) Is Down 86.8% After Halting SION-719 And Refocusing Its CF Pipeline – Has The Bull Case Changed?

Sionna Therapeutics recently reported that its lead cystic fibrosis candidate SION-719 failed to meet the key activity endpoint in a Phase 2a proof-of-concept trial as an add-on to Trikafta, prompting the company to stop further development in this setting. At the same time, early-stage data supported advancing SION-451 in combination with SION-2222 while management moves to preserve a roughly US$268.30 million cash balance and reassess the pipeline. We will now examine how discontinuing...

Simply Wall St.
Vertex Has Multiple Portfolio Catalysts With Favorable Risk-Reward, RBC Says

Vertex Pharmaceuticals (VRTX) has multiple potential catalysts coming from its portfolio that provid

MMT Newswires
Sionna Therapeutics (SION) Stock Still Looks Cheap After The 90% Fall

Sionna Therapeutics stock has fallen sharply in recent sessions, yet the valuation checks suggest it is not a clear bargain even after the sell off. The share price reset sits alongside a low overall value score and a mixed read on what investors are paying for the business today. The stock declined 89.8% over the past week, which signals a major reset in market expectations after recent news. The failure of lead cystic fibrosis candidate SION-719 in a Phase 2a trial can weigh heavily on...

Simply Wall St.
One Company’s Clinical Miss Is Another’s Moat: Vertex Rallies as Sionna’s CF Bet Collapses

Cystic fibrosis investors came to learn a harsh lesson on August 10 about how concentrated a market can be: Sionna Therapeutics, Inc. (NASDAQ:SION) shares fell more than 90% following a key trial failure, while Vertex Pharmaceuticals (NASDAQ:VRTX), the company whose drug dominance Sionna was attempting to challenge, surged to new highs. The Pipeline Flop Sionna […]

IInsider Monkey
Sionna Therapeutics stock falls 92% after SION-719 trial failure

The biotech said it will not advance SION-719 as an add-on therapy after the drug missed its key endpoint in a Phase 2a study

Quartz
Sionna Therapeutics (SION) Halts Lead Cystic Fibrosis Drug After Phase 2 Failure

Sionna Therapeutics (NasdaqGM:SION) reported that its lead cystic fibrosis drug candidate failed a Phase 2 trial. The company has halted further development of the candidate and is redirecting resources to other pipeline programs. The outcome removes a potential new competitor to existing cystic fibrosis treatments and marks a major shift in Sionna Therapeutics’ priorities. This kind of abrupt change in a single biotech can be a reminder to also look at more resilient, lower-risk stocks...

Simply Wall St.
Sionna Halts SION-719 After Phase 2a Miss, Eyes SION-451 Combination Path

Sionna Therapeutics (NASDAQ:SION) said its PreciSION CF Phase 2a proof-of-concept study of SION-719 added to Trikafta did not meet its key activity endpoint, prompting the company to discontinue development of SION-719 as an add-on to standard of care for cystic fibrosis. The company also reported

MarketBeat
Immunic appoints Elena Ridloff to board of directors

Immunic Inc (NASDAQ:IMUX, FRA:10VA) has named Elena Ridloff to its board of directors, the biotechnology company said Monday. Ridloff currently serves as CFO at Sionna Therapeutics. She previously held the same role at ACADIA Pharmaceuticals, where she helped raise $600 million in capital and...

Proactive
Why Vertex Pharma Popped, As A Key Rival Plummeted 92%

Vertex stock surged Monday after its competitor, Sionna Therapeutics, missed the mark for its highly anticipated cystic fibrosis treatment.

Investor's Business Daily
Why Sionna Therapeutics Stock Is Crashing 91% to a Record Low

The biotech says its cystic fibrosis drug candidate missed the mark in a Phase 2a trial, though the news could be a boon to shares of Vertex Pharmaceuticals.

Barrons.com
Sector Update: Healthcare Stocks Rise in Afternoon Trading

Healthcare stocks were higher Monday afternoon, with the NYSE Healthcare Index up 0.9% and the State

MMT Newswires
SION Stock On Track For Worst Day Ever After 90% Drop — What’s Driving The Selloff?

Sionna said on Monday that its mid-stage trial of SION-719 in 15 adults with cystic fibrosis already taking Vertex’s Trikafta failed to meet its main goal.

Stocktwits
Vertex Stock Jumps 5.9% as Rival Cystic Fibrosis Drug Fails

Sionna's disappointing trial removes an immediate competitive threat to the franchise generating most of Vertex's revenue.

GuruFocus.com
Top Midday Stories: Intel Offers $15 Billion of Common Stock; Microsoft to Ramp Up Production of Homegrown AI Chip

Stocks were relatively flat on Monday, as investors await further developments on the status of nego

MMT Newswires
Tenax, Sionna Shares Sink After Trial Failures

Shares of Tenax Therapeutics and Sionna Therapeutics tumbled Monday after the biotechs revealed separate late-stage trial failures. Tenax stock fell nearly 90% after a Phase 3 trial of its experimental heart-failure pill failed to help patients walk farther than those on a placebo.

The Wall Street Journal
Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Monday Amid Rising Oil Prices

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively tr

MMT Newswires
Motley Fool
How Vertex Regained Its Footing On A Competitor's Bullish Report

Vertex stock regained its footing Tuesday, rising on a strong second-quarter report and amid heightened expectations for its kidney disease treatment.

Investor's Business Daily
Vertex Pharmaceuticals' Solid Q2, Raised Outlook Underscore Core Business Strength, RBC Says

Vertex Pharmaceuticals (VRTX) reported a solid Q2 and raised its outlook, highlighting the strength

MMT Newswires
Simply Wall St.