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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hemogenyx Pharmaceuticals Plc | LSE:HEMO | London | Ordinary Share | GB00BYX3WZ24 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -1.80% | 1.641 | 1.62 | 1.66 | 1.642 | 1.62 | 1.642 | 5,990,463 | 16:35:30 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 0 | -3.98M | -0.0035 | -4.63 | 18.5M |
TIDMHEMO
RNS Number : 9667D
Hemogenyx Pharmaceuticals PLC
15 October 2018
Hemogenyx Pharmaceuticals Plc
("Hemogenyx" or the "Company")
Immugenyx Enters Collaboration with Johnson & Johnson Innovation
Hemogenyx Pharmaceuticals Plc (LSE: HEMO; Hemogenyx), the biopharmaceutical group developing new therapies and treatments designed to transform bone marrow transplantation for the treatment of blood diseases, announces that its wholly owned subsidiary, Immugenyx, LLC ("Immugenyx"), has entered into a collaboration agreement with Janssen Research & Development, LLC ("Janssen"), one of the Janssen Pharmaceutical Companies of Johnson & Johnson. The agreement was facilitated by Johnson & Johnson Innovation LLC.
Immugenyx will collaborate with Janssen on the development of a model of systemic lupus erythematosus (SLE), the most common form of Lupus, using its advanced hematopoietic chimeras (AHC). AHC, a new type of humanised mouse with a functional human immune system, is being developed by Immugenyx as an in vivo platform for disease modelling and drug development.
Dr Vladislav Sandler, CEO & Co-Founder of Hemogenyx, commented: "As a company committed to the development of novel therapeutic products for patients suffering from blood and severe autoimmune diseases, we are pleased to partner with Janssen, a world leader in the discovery and development of therapeutics for autoimmune diseases."
According to the terms of the agreement, Immugenyx will collaborate with Janssen on research activities that are determined by a mutually approved research plan. Immugenyx shall own the humanised mouse model of Lupus to be developed in collaboration with Janssen. Immugenyx shall grant to Janssen and its Affiliates a perpetual, irrevocable, non-exclusive, fully-paid-up, transferable, worldwide, license to use the Lupus model solely for their own internal research and product development purposes. Financial terms of the collaboration are not disclosed.
Enquiries:
Hemogenyx Pharmaceuticals Limited www.hemogenyx.com Dr Vladislav Sandler, Chief Executive Officer Via Walbrook PR & Co-Founder Sir Marc Feldmann, Executive Chairman Northland Capital Partners Limited Tel: +44 (0)20 3861 6625 Matthew Johnson, Vadim Alexandre, Dugald J Carlean Peterhouse Corporate Finance Limited Tel: +44 (0)20 7469 0930 Lucy Williams, Duncan Vasey Walbrook PR (UK Media & Investor Tel: +44 (0)20 7933 8780 or hemogenyx@walbrookpr.com Relations) Paul McManus Mob: +44 (0)7980 541 893 US Media enquiries Lowell Goodman Tel: +1 (323) 646-3249 or lowell@corbomitecomms.com
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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October 15, 2018 02:00 ET (06:00 GMT)
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