OverviewSuggest Edit

Heat Biologics is a clinical-stage company focused on developing its proprietary "ImPACT" (Immune Pan-Antigen Cytotoxic Therapy), a fully allogeneic (“off-the-shelf”) cell-based immunotherapy for use in the treatment of a wide range of cancers.
The Company's ImPACT therapy is a first-in-class, fully human immunotherapy that functions as both an immune stimulator and an antigen-delivery system. ImPACT effectively transforms living allogeneic cells into "osmotic pumps" that continuously secrete cancerous antigens to robustly stimulate the immune system against the targeted cancer. This therapy is applicable to a wide range of cancers.
Heat is currently conducting multiple clinical trials in two indications with its ImPACT therapy based products, HS-410 to treat Non-Muscle Invasive Bladder Cancer (NMIBC) and HS-110 to treat Non-Small Cell Lung Cancer (NSCLC).

TypePublic
Founded2008
HQDurham, US
Websiteheatbio.com

Latest Updates

Employees (est.) (Dec 2018)30(+58%)
Revenue (FY, 2019)$3 M(-47%)
Share Price (Sept 2020)$1.4 (+2%)
Cybersecurity ratingAMore

Key People/Management at Heat Biologics

Jeffrey Wolf

Jeffrey Wolf

Founder, Chairman and CEO
Jeff Hutchins

Jeff Hutchins

Chief Scientific and Operating Officer
John Prendergast

John Prendergast

Lead Independent Director
George Peoples

George Peoples

Chief Medical Advisor
John Monahan

John Monahan

Director
Edward B. Smith

Edward B. Smith

Director
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Heat Biologics Office Locations

Heat Biologics has offices in Durham and Morrisville
Durham, US (HQ)
801 Capitola Dr #12
Morrisville, US
627 Davis Dr #400
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Heat Biologics Financials and Metrics

Heat Biologics Revenue

Heat Biologics's revenue was reported to be $3.05 m in FY, 2019
USD

Revenue (Q2, 2020)

593.2k

Net income (Q2, 2020)

(4.5m)

EBIT (Q2, 2020)

(4.8m)

Market capitalization (18-Sept-2020)

220.6m

Closing stock price (18-Sept-2020)

1.4

Cash (30-Jun-2020)

20.7m

EV

201.7m
Heat Biologics's current market capitalization is $220.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

40.6k341.6k1.5m5.8m3.0m

General and administrative expense

2.4m4.0m4.4m4.1m6.4m7.0m9.4m

R&D expense

2.7m2.9m2.6m9.3m8.3m16.2m13.0m

Operating expense total

5.2m6.8m7.0m13.5m14.6m23.3m22.4m
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

11.0k6.5k9.7k9.1k220.2k24.2k411.3k470.8k752.5k1.1m1.8m701.1k342.5k6.4k901.9k593.2k

General and administrative expense

438.2k737.5k1.0m1.0m832.1k1.3m893.2k947.4k1.0m1.1m820.6k1.5m1.6m1.2m1.8m1.4m1.6m3.3m1.9m2.0m3.3m1.8m

R&D expense

689.0k992.4k533.6k849.4k1.0m503.6k587.2k677.2k500.2k454.9k559.2k1.8m2.2m1.8m2.9m3.5m4.4m3.2m3.4m3.1m2.8m2.8m

Operating expense total

1.1m1.8m1.5m1.9m1.9m1.8m1.5m1.6m1.5m1.5m1.4m3.3m3.7m3.0m4.7m4.8m6.0m6.5m5.3m5.1m6.1m4.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

4.6m3.7m4.9m7.8m9.8m22.2m9.0m

Accounts Receivable

1.8m82.3k14.8k28.5k35.0k

Prepaid Expenses

1.1m869.0k2.0m961.3k420.3k

Inventories

1.7m
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

3.0m23.6m2.7m6.0m10.3m8.2m10.0m7.1m8.5m11.1m8.3m4.3m9.0m24.7m21.0m17.9m13.8m9.3m20.7m20.7m

Accounts Receivable

131.8k2.0k10.0k1.4k5.4k14.3k68.2k79.0k77.4k37.3k144.1k27.0k

Prepaid Expenses

500.4k800.5k862.9k668.2k986.3k648.3k440.0k529.0k279.9k273.3k1.9m1.7m4.0m2.5m818.7k684.2k734.8k537.7k593.9k

Current Assets

3.5m24.4m20.3m17.6m22.2m15.9m12.5m7.6m9.1m11.4m8.6m6.2m10.6m28.7m23.5m24.4m20.2m15.8m27.1m47.6m
USDQ2, 2013

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

3.2 x
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Heat Biologics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Heat Biologics Online and Social Media Presence

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Heat Biologics News and Updates

Thinking about buying stock in General Electric, Heat Biologics, Vaccinex Inc, Nikola Corp, or Plug Power?

NEW YORK, Sept. 17, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GE, HTBX, VCNX, NKLA, and PLUG. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Heat Biologics, Co-Diagnostics, Penn National Gaming, Boxlight Corp, or Intec Pharma?

NEW YORK, Aug. 13, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for HTBX, CODX, PENN, BOXL, and NTEC. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Lyft Inc, Heat Biologics, Canopy Growth Corp, Sorrento Therapeutics, or Delta Air Lines?

NEW YORK, Aug. 7, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LYFT, HTBX, CGC, SRNE, and DAL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Heat Biologics, IZEA Worldwide, Ocugen Inc, Trevena Inc, or Delta Air Lines?

NEW YORK, July 29, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for HTBX, IZEA, OCGN, TRVN, and DAL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in BioNTech, Endeavour Silver Corp, Biomerica, Heat Biologics, or Tonix Pharmaceuticals?

NEW YORK, July 22, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BNTX, EXK, BMRA, HTBX, and TNXP. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Tonix Pharmaceuticals, Heat Biologics, Northern Dynasty Minerals, VBI Vaccines, or RumbleON Inc?

NEW YORK, July 20, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TNXP, HTBX, NAK, VBIV, and RMBL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Heat Biologics Blogs

Heat Biologics COVID-19 Vaccine Demonstrates Immunogenicity Proof-of-Concept in Pre-Clinical Studies

Confirms stimulation of human-HLA-restricted transgenic mouse T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein DURHAM, NC / ACCESSWIRE / July 29, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class the…

Heat Biologics Regains Compliance with Nasdaq Minimum Bid Price Rule

DURHAM, NC / ACCESSWIRE / July 27, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multiple oncology product candidates and a novel COVID-19 vaccine product candidat…

Heat Biologics Announces First Patient Treated in First-in-Human Clinical Trial of PTX-35

DURHAM, NC / ACCESSWIRE / June 22, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multiple oncology product candidates and a novel COVID-19 vaccine, today announced…

Heat Biologics Announces Initiation of the Lead Clinical Trial Site for PTX-35

Anthony Tolcher, M.D., FRCPC appointed as the lead investigator DURHAM, NC / ACCESSWIRE / June 18, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multiple oncology …

Heat Biologics Announces FDA Clearance of Investigational New Drug (IND) Application for PTX-35

PTX-35 represents a potential first-in-class agonistic antibody of TNFRSF25 DURHAM, NC / ACCESSWIRE / June 8, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multipl…

Heat Biologics Provides Update on COVID-19 Vaccine Efforts

On track to complete vaccine development and initiate manufacturing in August DURHAM, NC / ACCESSWIRE / June 4, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including a nov…
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Heat Biologics Frequently Asked Questions

  • When was Heat Biologics founded?

    Heat Biologics was founded in 2008.

  • Who are Heat Biologics key executives?

    Heat Biologics's key executives are Jeffrey Wolf, Jeff Hutchins and John Prendergast.

  • How many employees does Heat Biologics have?

    Heat Biologics has 30 employees.

  • What is Heat Biologics revenue?

    Latest Heat Biologics annual revenue is $3 m.

  • What is Heat Biologics revenue per employee?

    Latest Heat Biologics revenue per employee is $101.6 k.

  • Who are Heat Biologics competitors?

    Competitors of Heat Biologics include Ervaxx, GreyWolf Therapeutics and VelosBio.

  • Where is Heat Biologics headquarters?

    Heat Biologics headquarters is located at 801 Capitola Dr #12, Durham.

  • Where are Heat Biologics offices?

    Heat Biologics has offices in Durham and Morrisville.

  • How many offices does Heat Biologics have?

    Heat Biologics has 2 offices.