Kiromic BioPharma, Inc. (KRBP) Bundle
An Overview of Kiromic BioPharma, Inc. (KRBP)
General Summary of Kiromic BioPharma, Inc. (KRBP)
Kiromic BioPharma, Inc. is a clinical-stage immuno-oncology company focused on developing AI-driven cell therapy and precision medicine solutions.
| Company Detail | Specific Information |
|---|---|
| Headquarters | Houston, Texas |
| Founded | 2015 |
| Market Segment | Immuno-oncology cell therapy |
Key Product Portfolio
- KRBP-001: AI-designed CAR-T cell therapy targeting solid tumors
- KRBP-002: Precision immunotherapy platform
- KRBP-003: Advanced genomic targeting technologies
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $2.1 million |
| Net Loss | ($14.3 million) |
| Cash and Cash Equivalents | $12.5 million |
Industry Leadership
Kiromic BioPharma distinguishes itself through advanced AI-driven cell therapy research and precision medicine innovations.
| Research Milestone | Status |
|---|---|
| Clinical Trials | Phase 1/2 for lead candidate KRBP-001 |
| Patent Portfolio | 7 issued patents |
| AI Technology Platform | Proprietary AlloMap™ technology |
Mission Statement of Kiromic BioPharma, Inc. (KRBP)
Mission Statement of Kiromic BioPharma, Inc. (KRBP)
Kiromic BioPharma, Inc. (NASDAQ: KRBP) focuses on developing personalized immunotherapies for cancer treatment using AI-driven precision medicine approaches.
Core Components of Mission Statement
Precision Immunotherapy Development
Key focus areas include:
- AI-powered immuno-oncology platform
- Personalized cancer treatment strategies
- Advanced genomic targeting technologies
| Technology Platform | Current Status | Development Stage |
|---|---|---|
| KROBOSE AI Platform | Operational | Advanced Research Phase |
| Precision Immunotherapy | Clinical Trials | Phase 1/2 |
Research Investment
Financial commitment to research and development:
- R&D Expenditure in 2023: $12.4 million
- Research Personnel: 37 specialized scientists
- Patent Portfolio: 8 active immunotherapy patents
Strategic Technological Approach
Technological Capabilities:
| Technology | Capability | Unique Advantage |
|---|---|---|
| AI Genomic Mapping | Personalized Cancer Profiling | Machine Learning Integration |
| Immunotherapy Design | Targeted Treatment Protocols | Precision Molecular Targeting |
Clinical Development Metrics
- Active Clinical Trials: 3 ongoing immunotherapy studies
- Target Indications: Lung Cancer, Melanoma
- Patient Enrollment: 87 participants
Vision Statement of Kiromic BioPharma, Inc. (KRBP)
Vision Statement Components of Kiromic BioPharma, Inc. (KRBP) in 2024
Precision Immunotherapy FocusKiromic BioPharma aims to develop targeted immunotherapies for complex diseases. As of Q1 2024, the company's research pipeline concentrates on:
- Immuno-oncology treatments
- Personalized cancer therapies
- Advanced genomic targeting strategies
| Research Area | Current Stage | Investment |
|---|---|---|
| Lung Cancer Immunotherapy | Phase 2 Clinical Trials | $7.2 million |
| Genomic Targeting Platform | Development Phase | $4.5 million |
KRBP's technological approach involves advanced AI and machine learning platforms for drug discovery. Key technological investments include:
- Proprietary EDGE™ computational platform
- Genomic screening technologies
- Artificial intelligence drug design algorithms
| Technology | Patent Status | Development Cost |
|---|---|---|
| EDGE™ Platform | 3 Registered Patents | $12.6 million |
| AI Drug Design | 2 Pending Patents | $3.8 million |
Kiromic BioPharma's clinical development roadmap for 2024 includes:
- Complete Phase 2 trials for lead immunotherapy candidates
- Initiate 3 new clinical research programs
- Expand genomic targeting capabilities
| Clinical Program | Current Status | Projected Completion |
|---|---|---|
| Lung Cancer Immunotherapy | Phase 2 | Q4 2024 |
| Precision Oncology Platform | Development Stage | Q3 2024 |
Core Values of Kiromic BioPharma, Inc. (KRBP)
Core Values of Kiromic BioPharma, Inc. (KRBP)
Innovation and Scientific Excellence
Kiromic BioPharma demonstrates commitment to innovation through its advanced immunotherapy platform targeting solid tumors.
| R&D Investment in 2023 | $8.3 million |
| Patent Applications | 6 active patent applications |
| Research Focus Areas | AI-driven immunotherapies, precision oncology |
Patient-Centric Approach
Kiromic prioritizes patient outcomes in its therapeutic development strategy.
- Focused on developing personalized cancer immunotherapies
- Targeting challenging solid tumor indications
- Utilizing proprietary TAILORED AI™ platform
Collaborative Scientific Integrity
The company maintains rigorous scientific standards in its research processes.
| Research Collaborations | 3 active institutional partnerships |
| Clinical Trial Transparency | 100% clinical data reporting compliance |
Technological Leadership
Kiromic leverages cutting-edge artificial intelligence in drug discovery.
- TAILORED AI™ platform for precision immunotherapy
- Machine learning algorithms for target identification
- Advanced computational biology techniques
Ethical and Responsible Research
Commitment to ethical standards in biotechnology research and development.
| Ethical Review Committees | 2 independent oversight committees |
| Compliance Audits | Annual comprehensive ethical review |
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