Hemogenyx shares jump on platform's promise in cancer

27 November 2023

Shares in UK-based biopharma Hemogenyx Pharmaceuticals (LSE: HEMO) closed 18% higher on Monday.

The firm earlier announced that its chimeric bait receptor (CBR) platform can potentially be used in the treatment of cancers, in addition to the viral diseases extensively reported by the company to date.

Hemogenyx claims to have demonstrated that human macrophages, a type of immune cells, programmed with a purpose designed CBR, were able to eliminate non-Hodgkin lymphoma (NHL)-derived cells with high efficiency in vitro.

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