Hemogenyx advances lead CAR-T trial and secures funding to complete Phase 1

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2026.04.30 15:44
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HemoGenyx Pharmaceuticals has made significant strides in its lead CAR-T therapy, HG-CT-1, for acute myeloid leukaemia, advancing to a Phase 1 trial with promising early results. The company has secured £2.7 million in 2025 and an additional £5.5 million in early 2026 to fund its clinical activities. Partnerships with Made Scientific and Prevail InfoWorks aim to enhance production and operational efficiency. Despite ongoing losses and cash burn, the company is positioned for future growth in the oncology market, with a current market cap of £43.69 million.