StockMarketWire.com - Biopharmaceutical group Hemogenyx Pharmaceuticals said it had entered into a research agreement with the University of Pennsylvania to accelerate the development of its potential acute myeloid leukemia treatment.

The agreement was envisaged as the first step of a larger program that aims to achieve clinical proof of concept for HEMO-CAR-T for the treatment of acute myeloid leukemia, the company said.

'We are confident that this collaboration will dramatically accelerate the development of our CAR-T product candidate, which we believe will have a significant and positive impact in the treatment of acute myeloid leukemia, for which there is currently no real effective treatment,' it added

At 10:08am: [LON:HEMO] Hemogenyx Pharmaceuticals Plc share price was +0.24p at 9.2p



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