Immix soars as it in-licenses next-gen CAR-T therapy
USA-based Immix Biopharma (Nasdaq: IMMX), which is pioneering tissue-specific therapeutics (TSTx) targeting oncology and immuno-dysregulated diseases, saw its shares leap more than 41% to $2.07, after it announced a licensing deal and the formation of a new subsidiary.
Immix has in-licensed BCMA-targeted next-generation CAR-T therapy NXC-201 (formerly HBI0101) with 85% overall response rate (ORR) and 71% complete response/stringent complete response (CR/sCR) at the therapeutic dose from the first 20 patients in an ongoing Phase Ib relapsed/refractory multiple myeloma ongoing clinical trial as of June 27, 2022 data cut-off with a median of 6 (range, 3-13) prior lines of therapy.
Immix did not reveal from whom it had licensed the product, nor any financial terms of the transaction.
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