Shares of Humanigen (OTCMKTS: HGEN) rose 8.7% to $1.24 by mid-morning today, after it revealed a clinical collaboration with Gilead Sciences’ (Nasdaq: GILD) subsidiary Kite to trial a combination of its flagship therapy in combination with one of the first CAR-T cell therapy to be approved by the US regulator.
The companies will conduct a Phase I/II study of Humanigen’s lenzilumab, an investigational anti-GM-CSF monoclonal antibody, with Kite’s Yescarta (axicabtagene ciloleucel) in patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL). The objective of this study is to determine the effect of lenzilumab on the safety of Yescarta.
Kite will act as the sponsor of this study and will be responsible for its conduct, while Humanigen will supply its product. No financial terms of the collaboration have been revealed.
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