Major news today for SAB BIO- we are thrilled to announce an oversubscribed private placement for $175M today, with details about the financing in the press release below. Proceeds from the private placement will fully fund the Phase 2b SAFEGUARD study of SAB-142 in Stage 3 T1D. Read details about the deal in the link to the release below! https://lnkd.in/eyBGgRcR
SAB BIO
Biotechnology Research
Miami, FL 3,611 followers
We're developing a disease-modifying immunotherapy aimed at delaying the onset and progression of type 1 diabetes
About us
A clinical-stage biopharmaceutical company with a novel immunotherapy platform that is developing fully-human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes (T1D)
- Website
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https://www.sab.bio/
External link for SAB BIO
- Industry
- Biotechnology Research
- Company size
- 51-200 employees
- Headquarters
- Miami, FL
- Type
- Public Company
Locations
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Primary
Miami, FL , US
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Sioux Falls, South Dakota, US
Employees at SAB BIO
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Katie Ellias
Venture Capital, Biotechnology, Medical Devices, Healthcare, Board of Directors, Venture Philanthropy
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Mark Conley
VP of Finance at SAB Biotherapeutics
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Christoph Bausch
Executive Vice President & Chief Operating Officer, SAB Biotherapeutics
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Angela (Angie) Phillips
Clinical Research Leadership | Driving Global Organization Results | Cross-functional Team Empowerment | Weaving Operational Needs and Resource…
Updates
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Great news from one of our partners, always wonderful to hear about additional screening opportunities for T1D. Thank you, INNODIA !
🚨 Major Milestone Alert! 🚨 We are thrilled to announce the official launch of the INNODIA Family & Friends Early-stage T1D Detection Program: INNODIA DETECT! 💥 We’ve kicked off! Our lead pilot site, KU Leuven, is now active thanks to the Allyfe platform, and the first high-risk individuals have been tested for T1D autoantibodies using the ADAP technology provided by Enable Biosciences and processed at our diagnostic hub Lund University. 💡 Why is this important? Because together with our strategic supporter, we are enabling the identification of individuals in stages 1 and 2 of T1D – essential for offering access to prevention studies and, when available, approved therapies. 🌍 This summer, we’re testing the program on a small scale across 10 pilot sites in 10 EU countries: KU Leuven Fakultní nemocnice v Motole INSERM Ospedale San Raffaele Hospital Universitario Cruces - OSI Ezkerraldea Enkarterri Cruces University Medical Centre Ljubljana Diabeter Medical University of Silesia Klinikum Karlsburg Heart and Diabetes Centre Medical University of Vienna 📅 From September, we will begin expanding the Family&Friends INNODIA DETECT across the INNODIA Clinical Network. If you are not a Member yet but interested to join the Network, visit our website (www.innodia.org) 📸 Swipe to see a special milestone: the first dried blood spot card from Subject 001! 📍 And don’t miss the INNODIA Symposia on September 15th in Vienna at EASD (https://lnkd.in/dx7X8ppC) – more exciting updates coming soon! #INNODIA #T1D #EarlyDetection #Autoimmunity #Prevention #T1DDetection #FamilyFriendsDETECT #StrategicSupporters
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Great to see our exceptional leaders recognized - thank you, Samuel Reich!
Samuel Reich Helps SAB BIO Hone Its Focus Samuel Reich joined SAB Biotherapeutics in 2021 after its combination with Big Cypress Acquisition Group, where he served as Chief Executive Officer, Chief Financial Officer, and a member of the board of directors. Then, Reich served as Executive Chairman of the SAB’s Board of Directors. Now he’s its Chief Executive Officer—but it’s not just him with a different title. Last year, his company rebranded as SAB BIO, as the company “transformed significantly” under his leadership. The story checks out. Reich has helped the company hone its focus to address immunotherapy in the type 1 diabetes community, which he calls SAB BIO’s “singular focus.” In February, the company took a big step, as a Phase 1 trial of its SAB-142 drug to help human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes met its “primary objectives.” Reich said, “With our initial study objectives met, we believe SAB-142 is now well-positioned to be a transformative therapy in autoimmunity by delaying the progression or onset of type 1 diabetes, and we look forward to advancing this product candidate into Phase 2b clinical development in 2025.” This mission is just the latest for the graduate of the University of Pennsylvania School of Medicine, who’s no stranger to the C-Suite, having served in executive leadership roles for the better part of two decades. He was the founder of Acuity Pharmaceuticals, Biscayne Pharmaceuticals, and Biscayne Neurotherapeutics and is a Managing Member of The Reich Group, which provides early-stage investments in Biotech. He also oversaw a major shift for SAB BIO toward sunnier skies—literally—as the company moved its headquarters from South Dakota to Miami, though the SD location still exists as a manufacturing facility. Reich said the burgeoning tech scene in Miami was part of the reason for the shift, as was the chance to recruit more in-office employees. There can be no denying that even sunnier times are ahead for the company—literally and figuratively.
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Check out this brief clip of our CEO Samuel Reich's return to The Big Biz Show based in San Diego, where he explains the potential of SAB-142 and its possible impact on #type1diabetes and patient lives!
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Our CEO Samuel Reich was recently featured on the Big Biz Show, a San Diego-based investment show to chat about the latest topline results for SAB-142. The interview will be featured on various networks (you can watch it on Apple TV, Fox Business, Comcast and others), but you can watch it directly at the link below. https://lnkd.in/e7F5r_Bq
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SAB BIO Chairman and CEO Samuel Reich will be joining a fireside chat next Thursday Feb 6 at Guggenheim SMID Cap Biotech Conference at 2:00pm EST to chat about #t1d, #clinicaltrials, #biotech and SAB-142. Watch the event here: https://lnkd.in/e_gU2RBw
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If you missed our live webinar on Tuesday announcing #topline phase 1 #clinicaltrial data for our #t1d therapy SAB-142, you can rewatch the webinar and see our presentation deck at the links below. Webinar: https://lnkd.in/eRjg7qbu Presentation deck: https://lnkd.in/e3nxbYrr
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Today, SAB BIO announces positive #topline phase 1 clinical results with potentially disease-modifying #T1D therapy SAB-142. The study met its primary safety and pharmacodynamic activity objectives, enabling SAB-142 to advance to Phase 2b #clinical development. The topline data will be discussed in further detail at the R&D webinar this morning at 8:00 am. Use the link below to register for the webinar and learn more about SAB-142's impactful autoimmune response: https://lnkd.in/dfdrx8DV. The presentation will be available on SAB BIO's website after the event. For full details from this morning's press release, go to https://lnkd.in/eg7QMRZA.
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REMINDER: Register now for our R&D webinar on Tuesday, January 28 to learn more about the topline data results for SAB-142, SAB BIO's lead candidate and disease-modifying therapy for #type1diabetes. The webinar starts at 8:00am EST and will feature presentations by SAB leadership and Dr. Michael Haller, MD, the division chief of the Pediatric Endocrinology Division at the University of Florida and Silverstein Family Eminent Scholar Chair in Pediatric Endocrinology. Register here: https://lnkd.in/dfdrx8DV
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