Ernexa Therapeutics Presents New Preclinical Data on ERNA-101
Ernexa Therapeutics announced the presentation of new preclinical data on its lead cell therapy candidate, ERNA-101, at the American Society of Hematology, ASH, Annual Meeting. The data demonstrated that its proprietary cell therapy platform can rapidly and durably reprogram immunosuppressive tumor microenvironments, TMEs, into immune-active, pro-inflammatory states to combat cancer. The platform engineers induced pluripotent stem cells and transforms them into induced mesenchymal stem cells. "These data represent an important validation of our platform and reinforce our belief that iPSC-derived MSCs can be engineered into powerful immune-modulating agents," said Sanjeev Luther, President & CEO of Ernexa Therapeutics. "We view this as a platform-level advance that has the potential to support multiple oncology programs, including drug-resistant cancers where immunotherapy has historically underperformed. We believe our ability to manufacture clonal, gene-modified cells at scale gives us a meaningful competitive advantage as we advance toward clinical development."
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Penguin Solutions Reports Q1 Earnings of $0.49, Shares Up 5.3%
- Earnings Beat: Penguin Solutions reported Q1 earnings of $0.49 per share, surpassing analyst expectations of $0.44, indicating robust profitability that may attract more investor interest.
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- Regulatory Alignment Achieved: Ernexa Therapeutics received positive feedback during its Pre-IND meeting with the FDA, establishing a clear pathway for IND submission and aiming to initiate its first-in-human ovarian cancer trial in the second half of 2026, marking a significant advancement in cancer treatment.
- Accelerated Tech Transfer: The company has commenced critical tech transfer, a milestone that will expedite the preparation of clinical-grade materials, ensuring efficient operations ahead of clinical trials and enhancing its competitive edge in the cell therapy market.
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