RE: Hemo - recent trading & update26 Mar 2025 08:03
Points by Tillywhiz below seem to be spot on
Hemo recent trading & update on Ortex -
Hemogenyx Pharmaceuticals, trading under the ticker HEMO, operates in the biotech sector with a market capitalization of approximately $8.67 million.
The company's focus within the burgeoning biotech industry is noteworthy, given the sector's complex regulatory landscape and innovation-driven nature.
market cap places it within the micro-cap category, often characterized by high volatility but also potential for substantial breakthroughs within its specialized field.
Recent News -
Biopharmaceutical group Hemogenyx Pharmaceuticals plc (LSE: HEMO) announced on Monday that it has successfully treated the first patient in its Phase I clinical trial of HG-CT-1, a proprietary CAR-T cell therapy for relapsed or refractory acute myeloid leukemia (R/R AML). The treatment was well tolerated with no adverse effects, passing initial safety assessments.
Early signs of efficacy are promising, with ongoing patient monitoring to evaluate secondary trial endpoints, including response rates, overall survival and progression-free survival. Manufacturing of HG-CT-1 is underway for a second patient.
The dose-escalation study aims to establish the safety profile of HG-CT-1 in adults with R/R AML, a population with limited treatment options. Data on efficacy and long-term clinical outcomes will be collected through continued follow-up.