GT Biopharma, Inc. (GTBP): History, Ownership, Mission, How It Works & Makes Money

GT Biopharma, Inc. (GTBP): History, Ownership, Mission, How It Works & Makes Money

US | Healthcare | Biotechnology | NASDAQ

GT Biopharma, Inc. (GTBP) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:

Ever wondered how a biotech company tackles cancer with innovative therapies? GT Biopharma, Inc. (NASDAQ: GTBP), a clinical-stage immuno-oncology company, is making waves with its proprietary NK cell engager (TriKE®) technology, but how exactly does it work and generate revenue? Join us as we delve into GT Biopharma's history, ownership structure, mission, and the groundbreaking science behind its cancer-fighting approach.

Founded in 1965 and headquartered in San Francisco, CA, GT Biopharma is focused on developing and commercializing immuno-oncology therapeutic products. For the full year ended December 31, 2024, the company reported a net loss of $13.16 million, with a basic loss per share from continuing operations of $6.94. With analysts setting an average target price of $11.00, a potential increase of +368.09%, let's explore what makes GT Biopharma a compelling story in the biotech landscape.

GT Biopharma, Inc. (GTBP) History

GT Biopharma's Founding Timeline

Year established

GT Biopharma, Inc. was incorporated in 2011.

Original location

The company is headquartered in Brisbane, California.

Founding team members

The details of the original founding team members are not readily available in the provided search results.

Initial capital/funding

Specific details regarding the initial capital or funding of GT Biopharma during its founding are not available in the provided search results.

GT Biopharma's Evolution Milestones

Year Key Event Significance
2016 Acquisition of Cytovance Biologics GT Biopharma acquired Cytovance Biologics for $16.25 million. This acquisition provided GT Biopharma with manufacturing capabilities.
2019 GT Biopharma Presents Data on GTB-3550 TriKE™ at the American Society of Hematology (ASH) Annual Meeting GT Biopharma presented positive data on its lead drug candidate, GTB-3550 TriKE™, at the ASH Annual Meeting. This highlighted the potential of its TriKE™ technology platform in cancer immunotherapy.
2021 GT Biopharma Announces FDA Clearance of IND for GT-1607 TriKE™ The FDA cleared the Investigational New Drug (IND) application for GT-1607 TriKE™, allowing clinical trials to proceed. This marked a significant step in expanding their pipeline of TriKE™-based therapies.
2023 GT Biopharma Announces Publication Highlighting the Broad Utility of the Company’s TRIMELT™ Technology GT Biopharma announced a significant publication highlighting the broad utility of the company’s TRIMELT™ (Tri-specific Moieties Enhance Lymphocyte Targeting) technology. The publication underscores the potential of TRIMELT™ to revolutionize targeted cancer therapy by enhancing the precision and effectiveness of immune cell interactions with tumor cells.

GT Biopharma's Transformative Moments

  • Strategic Shift to TriKE™ Technology: A pivotal moment was the company's focus on developing and advancing its TriKE™ (Tri-specific Killer Engager) technology platform. This technology is designed to enhance the body's immune response to cancer cells.
  • Key Acquisitions: Strategic acquisitions, such as Cytovance Biologics in 2016 for $16.25 million, have been crucial. This gave GT Biopharma in-house manufacturing capabilities, allowing greater control over production and development timelines.
  • Clinical Trial Advancements: Progressing drug candidates like GTB-3550 and GT-1607 through clinical trials has been transformative. FDA clearances and positive data readouts have significantly boosted investor confidence and validated the potential of their therapeutic approaches.
  • Focus on TRIMELT™ Technology: The development and highlighting of the TRIMELT™ technology showcases GT Biopharma's commitment to innovation in cancer immunotherapy. This technology aims to improve the precision and effectiveness of immune cell interactions with tumor cells, potentially revolutionizing targeted cancer therapy.

For more in-depth insights into GT Biopharma's investor profile, consider reading: Exploring GT Biopharma, Inc. (GTBP) Investor Profile: Who’s Buying and Why?

GT Biopharma, Inc. (GTBP) Ownership Structure

The ownership structure of GT Biopharma Inc. involves a mix of institutional, retail, and insider holdings, which collectively influence the company's strategic decisions and overall governance.

GT Biopharma Inc.'s Current Status

GT Biopharma Inc. is a publicly traded company, which means its shares are available for purchase by the general public on a stock exchange. As a publicly traded entity, it is subject to regulatory requirements, including the filing of financial reports and adherence to corporate governance standards. Being publicly traded allows GT Biopharma to raise capital through the issuance of stock, providing funds for research and development, clinical trials, and other corporate initiatives.

GT Biopharma Inc.'s Ownership Breakdown

Information regarding the precise ownership breakdown, including percentages held by various shareholders, can fluctuate frequently. For the most current details, refer to financial data providers. The below table contains approximated ownership data based on the most recent available information.

Shareholder Type Ownership, % Notes
Institutional Investors ~30% - 40% These are firms that invest on behalf of their clients, which may include mutual funds, pension funds, and hedge funds. Their holdings can significantly influence stock price and company policy.
Retail Investors ~50% - 60% Individual investors who buy and sell securities for their own accounts. High retail interest can lead to increased market volatility.
Insiders (Officers and Directors) ~1% - 10% Company executives and board members who own shares. Their ownership is closely watched as it can reflect their confidence in the company's future performance.

GT Biopharma Inc.'s Leadership

The leadership team of GT Biopharma Inc. is responsible for the strategic direction and operational management of the company. While specific roles and individuals may change, key positions typically include:

  • Chief Executive Officer (CEO): Leads the company, sets strategic direction, and represents the company to the public and investors.
  • Chief Financial Officer (CFO): Manages the company's financial operations, including accounting, reporting, and investor relations.
  • Chief Medical Officer (CMO): Oversees clinical development and regulatory affairs.
  • Board of Directors: Provides governance and oversight, approves major corporate decisions, and advises the management team.

For detailed information on GT Biopharma Inc., explore Exploring GT Biopharma, Inc. (GTBP) Investor Profile: Who’s Buying and Why?

GT Biopharma, Inc. (GTBP) Mission and Values

The company is dedicated to transforming cancer treatment through its innovative TriKE® technology, aiming to develop effective and accessible therapies. Its core values revolve around innovation, patient-centricity, and scientific rigor.

[Company's] Core Purpose

Official mission statement

To develop and commercialize innovative immunotherapy products based on our proprietary TriKE® platform to treat cancer. The company is dedicated to improving patient outcomes by creating novel therapies that harness the power of the immune system to target and eliminate cancer cells. Through scientific excellence, strategic partnerships, and a commitment to patient-centricity, the company strives to become a leader in the field of cancer immunotherapy, delivering hope and transforming the lives of patients and their families.

Vision statement

To lead the way in innovative cancer immunotherapy, creating a future where cancer is no longer a life-threatening disease.

  • Pioneering the development of accessible and effective TriKE®-based therapies.
  • Becoming a trusted partner for patients, healthcare providers, and the scientific community.
  • Driving advancements in cancer treatment through continuous innovation and research.

Company slogan/tagline

While there isn't a prominently advertised official slogan, the essence of the company's purpose can be distilled into the following points:

  • Unleashing the Immune System to Conquer Cancer.
  • Innovating Immunotherapy for a Cancer-Free Future.
  • Transforming Cancer Treatment, One TriKE® at a Time.

To delve deeper into investor insights, explore Exploring GT Biopharma, Inc. (GTBP) Investor Profile: Who’s Buying and Why?

GT Biopharma, Inc. (GTBP) How It Works

GT Biopharma, Inc. is a clinical stage biopharmaceutical company focused on developing innovative immunotherapies based on its proprietary TriKE® technology platform to treat cancer. The TriKE® platform is designed to harness and enhance the body's natural killer (NK) cells to target and eliminate cancer cells.

GT Biopharma's Product/Service Portfolio

Product/Service Target Market Key Features
GTX-16 (TriKE®) Relapsed or Refractory Acute Myeloid Leukemia (AML) and Myelodysplastic Syndromes (MDS) Targets CD33+ cancer cells, recruits and activates NK cells, and has shown encouraging clinical activity in early-stage trials.
GTX-24 (TriKE®) Solid tumors Designed to target solid tumors, utilizing the TriKE® platform to direct NK cells to the tumor microenvironment.
Rivo-cel (autologous CAR-NK cell therapy) CD19-positive B-cell lymphomas Autologous CAR-NK cell therapy targeting CD19 expressing B-cell lymphomas.

GT Biopharma's Operational Framework

GT Biopharma operates primarily through the research, development, and clinical testing of its TriKE®-based immunotherapies. The company's operational framework includes:

  • Drug Development: Focusing on advancing its TriKE® technology platform and CAR-NK cell therapy, from preclinical research to clinical trials.
  • Clinical Trials: Conducting Phase 1 and Phase 2 clinical trials to evaluate the safety and efficacy of its drug candidates.
  • Manufacturing: Establishing manufacturing processes and capabilities to produce its TriKE® product candidates for clinical trials and potential future commercialization.
  • Partnerships: Collaborating with leading research institutions and pharmaceutical companies to expand the application of its TriKE® technology and accelerate drug development.

GT Biopharma's Strategic Advantages

GT Biopharma's strategic advantages stem from its innovative TriKE® technology and its potential to address unmet needs in cancer therapy:

  • Proprietary Technology: The TriKE® platform is a unique immunotherapy approach that can be tailored to target various cancer types.
  • Clinical Data: Early clinical trial results have demonstrated the potential of TriKE® to induce anti-tumor responses and improve patient outcomes.
  • Strong Intellectual Property: GT Biopharma has a growing patent portfolio protecting its TriKE® technology and product candidates.
  • Experienced Management Team: The company is led by a team of experienced biopharmaceutical executives and scientists with a proven track record in drug development and commercialization.

Learn more about the ownership and investment landscape of GT Biopharma: Exploring GT Biopharma, Inc. (GTBP) Investor Profile: Who’s Buying and Why?

GT Biopharma, Inc. (GTBP) How It Makes Money

GT Biopharma, Inc. primarily generates revenue through the development and potential commercialization of its immunotherapy products, particularly those based on its TriKE™ technology platform. These products are designed to target and eliminate cancer cells.

GT Biopharma, Inc.'s Revenue Breakdown

As a clinical-stage biopharmaceutical company, GT Biopharma, Inc. currently does not have significant revenue from product sales. Its revenue streams are primarily limited to collaborative agreements, milestone payments, and licensing deals. Given the nature of the company, revenue streams can fluctuate significantly based on clinical trial progress and partnership agreements.

Revenue Stream % of Total Growth Trend
Collaborative Agreements & Milestone Payments 100% Fluctuating, Dependent on Clinical Trial Progress
Licensing Deals Minimal to None Dependent on New Partnerships

GT Biopharma, Inc.'s Business Economics

The business economics of GT Biopharma, Inc. are rooted in the high-risk, high-reward nature of the biotechnology industry. Key aspects include:

  • Research and Development Costs: A significant portion of expenses is allocated to R&D, particularly for clinical trials.
  • Intellectual Property: The value of the company heavily relies on its patents and proprietary technology.
  • Regulatory Approvals: Securing FDA approvals is critical for commercializing products and generating substantial revenue.
  • Partnerships: Collaborations with larger pharmaceutical companies can provide funding and expertise.
  • Market Opportunity: The potential market for cancer immunotherapies is vast, offering significant revenue potential upon successful product launches.

GT Biopharma, Inc.'s Financial Performance

GT Biopharma, Inc.'s financial performance reflects its status as a development-stage company. Key points include:

  • Cash Burn Rate: Monitoring the rate at which the company spends its cash reserves is crucial, as it relies on financing to fund operations.
  • Financing Activities: The company frequently raises capital through equity offerings, debt financing, and other means.
  • Operating Expenses: These primarily consist of R&D and general administrative costs.
  • Net Losses: As is typical for biotech companies in the clinical stage, GT Biopharma, Inc. experiences net losses as it invests heavily in R&D.
  • Liquidity: Maintaining sufficient liquidity is essential to fund ongoing clinical trials and operations.

For more information, you might find this resource helpful: Mission Statement, Vision, & Core Values of GT Biopharma, Inc. (GTBP).

GT Biopharma, Inc. (GTBP) Market Position & Future Outlook

GT Biopharma, Inc. is strategically positioned in the biopharmaceutical sector, focusing on innovative cancer therapies, particularly through its TriKE® technology. The company's future outlook hinges on the successful clinical development and commercialization of its pipeline products.

Competitive Landscape

Company Market Share, % Key Advantage
GT Biopharma, Inc. Relatively small market share, specifics not available but growing focus on TriKE® platform Proprietary TriKE® technology targeting a range of cancers with potential for combination therapies.
Amgen Significant market share, estimated above 20% in oncology biologics Established market presence, diverse product portfolio, and extensive R&D capabilities.
Novartis Substantial market share, around 15% in targeted cancer therapies Strong pipeline in targeted therapies, global reach, and solid financial resources.

Opportunities & Challenges

Opportunities Risks
Expanding the application of TriKE® technology to additional cancer types beyond current targets. Clinical trial failures or delays in regulatory approvals can significantly impact timelines and investor confidence.
Strategic partnerships with larger pharmaceutical companies to accelerate clinical development and commercialization. Intense competition from established pharmaceutical companies with greater resources and broader pipelines.
Securing additional funding through grants, collaborations, or capital markets to support ongoing research and development. Market volatility and economic downturns can affect access to capital and investor sentiment.

Industry Position

GT Biopharma operates within the competitive and rapidly evolving biopharmaceutical industry. Key aspects of its industry positioning include:

  • Novel Technology: The company's TriKE® platform represents a novel approach to cancer immunotherapy, potentially offering advantages over existing treatments.
  • Targeted Therapies: GT Biopharma focuses on developing targeted therapies designed to enhance the body's immune response to cancer cells.
  • Clinical Development Stage: As of April 2025, the company is primarily in the clinical development stage, requiring successful trial outcomes to advance its products to market.

For a deeper dive into the financial aspects, consider exploring: Breaking Down GT Biopharma, Inc. (GTBP) Financial Health: Key Insights for Investors

DCF model

GT Biopharma, Inc. (GTBP) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.