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Humacyte to Present Third Quarter Financial Results and Provide Corporate Update on November 8, 2024

Key Takeaway: Humacyte, Inc. will announce its third quarter financial results for 2024 on November 8, 2024. A webcast and conference call is scheduled for 8:30 AM ET to discuss the company's recent corporate updates, particularly regarding its acellular tissue engineered vessel (ATEV) programs. Humacyte is developing advanced bioengineered human tissues and is currently in late-stage trials for various vascular applications. The company’s portfolio includes products that have received significant FDA designations, emphasizing its role in transforming medical practices.
Price reaction · baseline $5.22 (2024-11-05 close) · hit after-hours · 3 other HUMA headline(s) in the window, move may be shared
day 0 close
+4%
day 1
+0.8%
day 3
+5.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Humacyte is preparing to release its financial results, indicating transparency.
  • The company is making progress with its acellular tissue engineered vessel programs.
  • Humacyte's initial product candidates are in late-stage clinical trials, showing advancement in its research.
  • The company's technology has received multiple designations from the FDA indicating potential efficacy.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+21%
120-day peak, hindsight
Typical move
7.2%
average across 3 past catalysts
Cash runway
~11 mo
Medium dilution risk
Lead asset
Acellular Tissue Engineered Vessel
Phase 3 · Vascular Trauma

Full Press Release Details

DURHAM, N.C., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Humacyte, Inc. (Nasdaq: HUMA), a clinical-stage biotechnology platform company developing universally implantable, bioengineered human tissue at commercial scale, will release its financial results for the third quarter ended September 30, 2024, on Friday, November 8, 2024. Management will host a webcast and conference call at 8:30 a.m. ET to discuss recent corporate updates from its acellular tissue engineered vessel (ATEV) programs.
Title: Humacyte Third Quarter 2024 Financial Results and Corporate Update
Date: November 8, 2024
Time: 8:30 AM Eastern Time
Conference Call Details: 1-877-704-4453 (U.S. Investors Dial) 1-201-389-0920 (International Investors Dial) 13749485 (Conference ID)
Call me TM Feature: Click Here
Webcast: Webcast Link - Click Here
The webcast should be accessible 15 minutes prior to the conference call’s start time. A replay of the webcast will be available following the conclusion of the live broadcast and will be accessible on the investors section of the Company’s website for at least 30 days.
Humacyte, Inc. (Nasdaq: HUMA) is developing a disruptive biotechnology platform to deliver universally implantable bioengineered human tissues, advanced tissue constructs, and organ systems designed to improve the lives of patients and transform the practice of medicine. Humacyte develops and manufactures acellular tissues to treat a wide range of diseases, injuries, and chronic conditions. Humacyte’s initial product candidates, a portfolio of ATEVs, are currently in late-stage clinical trials targeting multiple vascular applications, including vascular trauma repair, arteriovenous (AV) access for hemodialysis, and peripheral artery disease. A Biologics License Application for the ATEV in the vascular trauma indication is currently under review by the FDA and was granted Priority Review. Preclinical development is also underway in coronary artery bypass grafts, pediatric heart surgery, treatment of type 1 diabetes, and multiple novel cell and tissue applications. Humacyte’s 6mm ATEV for AV access in hemodialysis was the first product candidate to receive the FDA’s Regenerative Medicine Advanced Therapy (RMAT) designation and has also received FDA Fast Track designation. Humacyte’s 6mm ATEV for urgent arterial repair following extremity vascular trauma and for advanced PAD also have received an RMAT designations. The ATEV received priority designation for the treatment of vascular trauma by the U.S. Secretary of Defense. For more information, visit www.Humacyte.com. The ATEV is an investigational product and has not been approved for sale by the FDA or any other regulatory agency.
Humacyte Investor Contact:
LifeSci Advisors LLC
Humacyte Media Contact:
Precision Strategies

Frequently Asked Questions

When will Humacyte release its financial results?

Humacyte will release its financial results on November 8, 2024.

What time is the conference call scheduled for?

The conference call is scheduled for 8:30 AM Eastern Time.

How can I access the webcast?

The webcast will be available 15 minutes before the call starts.

What products is Humacyte working on?

Humacyte is developing acellular tissue engineered vessels for various vascular applications.

What designations has the ATEV received?

ATEV has received RMAT and Fast Track designations from the FDA.

Last updated: Nov 6, 2024