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Hemogenyx Pharmaceuticals Secures Funding for Clinical Trials

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Hemogenyx Pharmaceuticals Secures Funding for Clinical Trials

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HemoGenyx Pharmaceuticals Plc ( (GB:HEMO) ) just unveiled an update.

Hemogenyx Pharmaceuticals has secured £250,000 to continue its Phase 1 clinical trials for its Chimeric Antigen Receptor T-cell therapy aimed at treating relapsed/refractory acute myeloid leukemia in adults. This funding, raised through an allotment to CEO Vladislav Sandler, reflects investor confidence in the company’s progress and potential, as evidenced by the premium issue price of the shares.

More about HemoGenyx Pharmaceuticals Plc

Hemogenyx Pharmaceuticals is a publicly traded clinical stage biopharmaceutical company based in London, with subsidiaries in New York City. The company focuses on developing new medicines and treatments for blood and autoimmune diseases, utilizing several distinct product candidates and platform technologies.

Average Trading Volume: 37,697

Technical Sentiment Signal: Sell

Current Market Cap: £7.71M

For an in-depth examination of HEMO stock, go to TipRanks’ Overview page.

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