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Operations Update

17 Jun 2024 07:00

RNS Number : 5984S
Hemogenyx Pharmaceuticals PLC
17 June 2024
 

 

17 June 2024

 

Hemogenyx Pharmaceuticals plc 

("Hemogenyx Pharmaceuticals" or the "Company")

Operations Update

 

Hemogenyx Pharmaceuticals plc (LSE: HEMO), the clinical stage biopharmaceutical group developing treatments for cancers and viral diseases, is pleased to provide an update on its ongoing activities and progress.

1. HEMO-CAR-T

Clinical Trials Progress:

· Additional Clinical Trial Site: The Company has added an additional prestigious US medical center to its list of clinical trial sites. This will enhance the scope and expedite the timeline for the implementation of clinical trials.

· Clinical Site Setup: The setup of clinical sites at the University of Pennsylvania ("PENN") and the new medical centre is underway. This multi-step process involves thorough internal reviews by the science review committee and the internal review board of both clinical sites, as well as budget negotiations and logistics planning. The Company continues to work with Prevail Infoworks, a contract research organization ("CRO"), to manage and oversee the planning for the clinical trials.

Expansion into Pediatric Indications:

Pediatric AML and ALL: The Company is seeking to expand the HEMO-CAR-T indication to include pediatric acute myeloid leukemia ("AML") and a subset of pediatric acute lymphoblastic leukemia ("ALL") patients. An amendment to the clinical protocol to include pediatric AML is currently under review by third party experts. If approved, the Company will seek to implement the clinical trials for pediatric AML at the newly established clinical site. This area is of particular concern, and there is an urgent need for effective treatments for these conditions, which the Company believes HEMO-CAR-T will be able to provide.

2. Chimeric Bait Receptor ("CBR") Platform

The Company's CBR platform is an advanced immunotherapy designed to reprogram or redirect innate immune cells, such as macrophages, to prevent and combat infections from both existing and emerging viral threats, as well as to eliminate specific types of cancer.

Development and Testing:

· CBR Constructs: Scientists at Hemogenyx Pharmaceuticals are developing and testing multiple CBR constructs to identify the best candidates for targeting rare cancers such as epithelial ovarian carcinoma. Selected candidates will undergo rigorous testing to advance them to investigational new drug (IND) enabling studies.

mRNA-Based Delivery of CBR:

· Intranasal Delivery for Viral Infections: The Company continues to develop mRNA-based delivery of CBRs for treating airborne viral infections via intranasal administration. Recent improvements in the stability of mRNA-based CBRs are expected to enhance the effectiveness of this treatment.

3. CDX - Bispecific Antibody

IND-Enabling Studies:

· Progress: The Company is advancing IND-enabling studies for CDX, a bispecific antibody designed for treating relapsed and/or refractory AML, a subset of ALL, and for conditioning in bone marrow transplants.

Dr Vladislav Sandler, CEO & Co-Founder of Hemogenyx Pharmaceuticals, commented: "We are excited about the progress we are making across our various programs. The addition of a world-renowned medical center to our HEMO-CAR-T clinical trial sites marks a significant step forward in our mission to develop life-saving therapies. Our expansion into pediatric indications for HEMO-CAR-T highlights our commitment to addressing unmet medical needs in both adult and pediatric populations.

"Furthermore, our advancements in the CBR platform and the development of mRNA-based delivery systems for treating airborne viral infections demonstrate our innovative approach to tackling complex diseases. The progress in our CDX bispecific antibody program also underscores our dedication to bringing effective treatments to patients with relapsed or refractory AML and other severe conditions.

"We are diligently pursuing non-dilutive financing options to support these initiatives and remain focused on translating our scientific discoveries into clinical success. We look forward to updating our shareholders and the market as we continue to make strides in our development programs."

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been inside information for the purposes of Article 7 of Regulation No 596/2014 (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018) until the release of this announcement.

 

Enquiries:

 

Hemogenyx Pharmaceuticals plc

https://hemogenyx.com

Dr Vladislav Sandler, Chief Executive Officer & Co-Founder

headquarters@hemogenyx.com

Peter Redmond, Director

peter.redmond@hemogenyx.com

SP Angel Corporate Finance LLP

Tel: +44 (0)20 3470 0470

Matthew Johnson, Vadim Alexandre, Adam Cowl

Peterhouse Capital Limited

Tel: +44 (0)20 7469 0930

Lucy Williams, Duncan Vasey, Charles Goodfellow

 

About Hemogenyx Pharmaceuticals plc

 

Hemogenyx Pharmaceuticals is a publicly traded company (LSE: HEMO) headquartered in London, with its US operating subsidiaries, Hemogenyx Pharmaceuticals LLC and Immugenyx LLC, located in New York City at its state-of-the-art research facility.

The Company is a clinical-stage biopharmaceutical group developing new medicines and treatments for life-threatening diseases. Hemogenyx Pharmaceuticals is developing several distinct and complementary product candidates, as well as a platform technology that it uses as an engine for novel product development.

 

 

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UPDKZGMVLVKGDZM
Date   Source Headline
24th Mar 20257:00 amRNSFirst Patient Safety
17th Mar 20257:00 amRNSRecruitment of Second Patient for Clinical Trials
13th Mar 20253:10 pmRNSConversion of convertible loan notes
11th Mar 20257:00 amRNSInstitutional investment
24th Feb 20257:00 amRNSFirst-in-Human Treatment with HG-CT-1
19th Feb 20254:50 pmRNSIssue of convertible loan notes
31st Jan 20259:35 amRNSTotal Voting Rights
8th Jan 20257:00 amRNSPlacing to raise £340,000
2nd Jan 20257:00 amRNSChange of Company Secretary and Registered Office
31st Dec 20247:00 amRNSTotal Voting Rights
30th Dec 20247:00 amRNSOpening of First Clinical Site
19th Dec 20247:00 amRNSUltrafast CAR-T Manufacturing
10th Dec 20244:10 pmRNSAdmission of New Ordinary Shares and New ISIN
9th Dec 20241:30 pmRNSResult of Extraordinary General Meeting
9th Dec 20247:00 amRNSSite Initiation Visit Completed
6th Dec 20247:00 amRNSCBR Macrophage Delivery Update
29th Nov 20247:00 amRNSTotal Voting Rights
22nd Nov 202412:49 pmRNSNotice of Extraordinary General Meeting
22nd Nov 20247:00 amRNSIRB Approval for Phase I Clinical Trial
11th Nov 20247:00 amRNSInstitutional Investment
30th Oct 20247:00 amRNSSchedule for Phase I Clinical Trial Opening
2nd Oct 202411:19 amRNSStrategic Investment from Prevail Partners, LLC
27th Sep 20247:00 amRNSHalf-year Report
9th Sep 20247:00 amRNSFLT3 Assay Ready for Phase I Trials at MD Anderson
2nd Sep 20247:00 amRNSCDX Development Update
28th Aug 20247:00 amRNSPresentation at CBD S&T Conference
27th Jun 20244:39 pmRNSResult of Annual General Meeting
17th Jun 20247:00 amRNSOperations Update
3rd Jun 20247:00 amRNSPosting of Annual Report & Notice of AGM
25th Apr 20247:00 amRNSFinal Results
28th Mar 20247:00 amRNSTotal Voting Rights
29th Feb 20247:00 amRNSPlacing to Raise US$4.2 million
16th Feb 20247:00 amRNSCBR Brain Delivery
14th Feb 20247:00 amRNSCBR Intranasal Delivery
9th Feb 20247:00 amRNSFDA Consents to Phase I Trials of HEMO-CAR-T
2nd Feb 20247:00 amRNSApproval and Issuance of U.S. Conditioning Patent
16th Jan 20247:00 amRNSSubmission of Complete Response to Clinical Hold
8th Jan 20247:00 amRNSHEMO-CAR-T Process Qualification Run Completed
28th Nov 202312:19 pmRNSPlacing to Raise £534,375
27th Nov 20237:00 amRNSCBR Expanded to Treatment of Cancer
15th Nov 20237:00 amRNSLentivirus Re-manufacturing Completed
31st Oct 20237:00 amRNSTotal Voting Rights
28th Sep 202312:28 pmRNSHalf-year Report
18th Sep 20237:00 amRNSStrategic Investment from Prevail Partners, LLC
14th Sep 20237:00 amRNSClinical Hold Lift Plan is accepted by FDA
8th Sep 20235:11 pmRNSCBR Patent Application Update
10th Jul 20237:00 amRNSFull FDA Review for HEMO-CAR-T IND
30th Jun 20234:07 pmRNSResult of Annual General Meeting
2nd Jun 20232:01 pmRNSPosting of Annual Report & Notice of AGM
2nd Jun 202311:24 amRNSClinical Hold on IND for HEMO-CAR-T

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