Interim Results for the period ended 30 June 2018
Interim Results for the period ended 30 June 2018
HemoGenyx Pharmaceuticals plc (LSE: HEMO), the Standard Listed biopharmaceutical group developing new therapies and treatments designed to transform bone marrow transplantation for the treatment of blood diseases, announces unaudited interim results for the six-month period ended 30 June 2018.
All financial amounts are stated in GBP British pounds unless otherwise indicated.
Key highlights
CDX Antibodies
- Continued progress towards the goal of submitting an IND application to the FDA for CDX antibodies
- First data results show CDX antibodies can attack and eliminate Acute Myelogenous Leukemia in vitro
- Development agreement with Global pharmaceutical company for CDX antibodies
Humanised mice
- Patent application filed for new type of humanised mouse with chimeric mouse-human blood system
- Rockefeller University Research Collaboration targeting new treatments for Lupus using humanised mice
- Collaboration with major US biotechnology firm worth up to US$250,000
Board & SAB appointments
- Appointment of Sir Marc Feldmann, pioneer of anti-TNF therapy, as Executive Chairman
- Appointment of cancer research expert Dr Michael Shepard, inventor of Herceptin, major breast cancer drug to Scientific Advisory Board
Commenting on Outlook, Sir Marc Feldmann, Executive Chairman, said:
“Overall the Board is very pleased with the progress being made, in particular the unlocking of opportunities for CDX antibodies, as well as the potential value that can be created through the Company’s new type of humanised mice. Hemogenyx is confident that these humanised mice will be of interest to large biopharmaceutical companies and has the potential to form the basis of significant future collaborations and the Company hopes to update shareholders on progress in this area.
“The Board believes that the Company is well-advanced on the planned development steps that were announced at Admission and we hope to provide further updates to shareholders as we progress. The Company looks forward to the future with confidence.”
Hemogenyx Pharmaceuticals Limited | ||
Dr Vladislav Sandler, Chief Executive Officer & Co-Founder | Via Walbrook PR | |
Sir Marc Feldmann, Executive Chairman |
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Northland Capital Partners Limited | Tel: +44 (0)20 3861 6625 | |
Matthew Johnson, Vadim Alexandre, Dugald J Carlean |
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Peterhouse Corporate Finance Limited | Tel: +44 (0)20 7469 0930 | |
Lucy Williams, Duncan Vasey |
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Walbrook PR (UK Media & Investor Relations) | Tel: +44 (0)20 7933 8780 or hemogenyx@walbrookpr.com | |
Paul McManus | Mob: +44 (0)7980 541 893 | |
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US Media enquiries |
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Lowell Goodman | Tel: +1 (323) 646-3249 or lowell@corbomitecomms.com | |
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About Hemogenyx Pharmaceuticals Plc
Hemogenyx Pharmaceuticals PLC. is a publicly traded company (LSE: HEMO) headquartered in London, with its wholly owned US operating subsidiary, Hemogenyx LLC, located in Brooklyn, New York at its state-of-the-art research facility (“Hemogenyx”).
For more than 50 years, bone marrow transplantation has been used to save the lives of patients suffering from blood diseases. The risk of toxicity and death that are associated with bone marrow transplantation, however, have meant that the procedure is used only as a last resort and its use is restricted. Hemogenyx’s technology has the potential to enable many more patients suffering from devastating blood diseases, such as leukemia and lymphoma, as well as severe autoimmune diseases, such as multiple sclerosis, aplastic anemia and systemic lupus erythematosus (Lupus), to benefit from bone marrow transplantation.
Hemogenyx is a pre-clinical stage biopharmaceutical group developing new medicines and treatments to bring the curative power of bone marrow transplantation to a greater number of patients suffering from otherwise incurable life-threatening diseases. Hemogenyx is developing two distinct and complementary products, as well as a platform technology that it uses as an engine for novel product development.