Hemogenyx Pharmaceuticals Plc enters CAR-T agreement with University of Pennsylvania; stocks surge 13%

  • Aug 11, 2020 BST
  • Team Kalkine
Hemogenyx Pharmaceuticals Plc enters CAR-T agreement with University of Pennsylvania; stocks surge 13%

 

Hemogenyx Pharmaceuticals Plc (LON: HEMO) has entered into CAR-T agreement with University of Pennsylvania.

  • The company has entered into a Sponsored Research Agreement with an aim to advance the CAR (Chimeric Antigen Receptor) T-cells, known as “HEMO-CAR-T" developed by the company toward clinical trials.
  • The agreement is considered as the first step of a larger program that aims to achieve clinical proof of concept for HEMO-CAR-T for the treatment of acute myeloid leukaemia.
  • On 11 August 2020, at the time of writing, GMT 08:05 AM, HEMO shares were trading at GBX 10.13, up by 1.17 points or 13% against the previous day closing price.

 


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