RE: 28 day results due next week18 Mar 2025 14:07
15 Jun 2020 07:00
RNS Number : 8905P
Hemogenyx Pharmaceuticals PLC
15 June 2020
Hemogenyx Pharmaceuticals plc
(the "Company")
COVID-19 Project Update
Hemogenyx Pharmaceutical plc is pleased to announce progress in relation to its COVID-19 program.
On 24 June 2019, the Company announced the completion of the development of its second generation Advanced peripheral blood Hematopoietic Chimera ("ApbHC") or advanced humanised mice which offer several advantages over existing humanised mouse models. In particular, ApbHC do not develop Graft versus Host Disease ("GvHD"), which can compromise the utility of other similar types of humanised mice. The Directors considered that AbpHC, in addition to their use for disease modelling and drug testing, could potentially be used as a tool for the rapid discovery of human antibodies against human specific viral pathogens.
Subsequent work through the Company's subsidiary, Immugenyx, LLC ("Immugenyx"), had produced positive preliminary results prior to the emergence of COVID-19. In light of the emergence of the current major pandemic, work has been refocussed on COVID-19 with the aim of producing an effective treatment for those infected with the virus, and Immugenyx is currently taking the necessary steps to take this forward effectively. The work involves transplanting cells from blood samples from patients who have already recovered from COVID-19 into the ApbHC. This process will allow the Company's scientists to recreate a set of anti-SARS-CoV-2 virus antibodies which could be used for the treatment of COVID-19 sufferers.
In view of the continuing international spread of the disease and the propensity for coronaviruses to mutate and produce new strains, the Company's technology, in combination with the use of its humanised mice, should also form the basis for the treatment of future viral outbreaks.
Meanwhile, as announced on 22 April 2020, the Company has progressed its work, currently using blood samples from convalescent patients, to attempt to establish why some individuals who are infected with SARS-CoV-2 are asymptomatic, some exhibit mild symptoms, and some become very sick. This work will be of value in developing new forms of treatment, and especially in managing infection risk and assisting individuals better to establish their real risk of getting sick.
The additional funds raised recently have enabled the Company to take these and other developments forward significantly and at a faster pace.
That is promise from company how research and treament Covid19 and until now 5 years later they public something call CRB nobody know how it work.
All you blame for troll and shorter but company deliver nothing and just drump a rns to getting money first is the main point it down value. That is what it value in market as they got nothing for sell yes.
Keeping it as market will value what it worth.