Continued progress5 Oct 2025 12:37
In June Hemogenyx confirmed that both the first and second patients had successfully passed their initial safety evaluations after being treated with HG-CT and with the third adult patient being treated in August they reported that this patient had not only passed the initial safety evaluation, importantly, that early signs of clinical efficacy were observed. "Leukemic cells were no longer detectable by standard assays", providing the first clear evidence that HG-CT-1 is delivering therapeutic benefit. With the safety data submitted to the independent Data Safety Monitoring Board ("DSMB"), subject to approval, Hemogenyx will proceed into dose escalation, a critical milestone in defining both the safety and therapeutic potential of HG-CT-1.
Hemogenyx have also prepared to broaden the scope of the trial. A paediatric protocol amendment was submitted in May, and in June regulatory clearance was obtained to initiate a paediatric expansion of the study, which will run in parallel to adults to address the particularly acute unmet need in childhood AML.
To ensure operational readiness Hemogenyx have entered into a strategic manufacturing partnership with Made Scientific, a US-based contract development and manufacturing organisation, to support the scale-up of HG-CT-1.
Hemogenyx also secured a US$120,000 G-Rex® grant to optimise and scale CAR-T production, up to 100,000 patients per annum, whilst supporting efficiency and cost-effectiveness as the programme expands, all designed to ensure that Hemogenyx Pharmaceuticals can meet the growing demands of its clinical trials and be well prepared for potential commercialisation.
Furthermore Hemogenyx has signed a letter of intent ("LOI") with Cellin Technologies OĂś ("Cellin"), a leading Estonian cell therapy company. This agreement contemplates the commercialisation of HG-CT-1 under Estonia's recently amended hospital exemption whilst also offering an early commercial pathway to Europe.
So with imminent approvals expected for both dose escalation and pediatrics, the fourth and first patients treated respectively, using the new cheaper faster and scalable manufacturing facilities from Made Scientific using GRex technology, the Master Services Agreement to be signed with Cellin initiating a commercial revenue stream from Estonia and ultimately Europe and beyond, not to mention other potential partnerships and product candidate announcements. I'd say the future for shareholders (as well as patients) is looking pretty damm good.
Whilst I'm disappointed with the continuous squabbling between individuals and the unhealthy fascination as to who is short or long, for me my focus is on one thing and one thing alone, the science.
Everything else is just noise.