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Immix Biopharma Announces Major Comprehensive Cancer Center as Lead Site for NXC-201 AL Amyloidosis Clinical Trial

Key Takeaway: Immix Biopharma has selected Memorial Sloan Kettering Cancer Center as the lead site for its clinical trial of NXC-201, a CAR-T therapy aimed at treating relapsed/refractory AL Amyloidosis. The NEXICART-2 trial is a Phase 1b study expected to enroll 40 patients over 18 months, focusing on the therapy's safety and efficacy. NXC-201 has been recognized for its unique targeting abilities and received Orphan Drug Designation from both the FDA and EMA. Despite the optimism around NXC-201, challenges such as funding and regulatory approvals remain.

Market Sentiment Analysis

POSITIVE FACTORS

  • NXC-201 has the potential to be a novel therapy for AL Amyloidosis.
  • Immix receives support from a leading cancer center for trials.
  • NXC-201 is awarded Orphan Drug Designation, enhancing its potential.

CONCERNS & RISKS

  • Clinical trial success is not guaranteed despite promising initial data.
  • Funding risks may affect the ability to advance clinical studies.
  • No therapies have received FDA approval, highlighting uncertainty.

Full Press Release Details

LOS ANGELES, CA, March 20, 2024 (GLOBE NEWSWIRE) -- Immix Biopharma, Inc. (Nasdaq: IMMX) (“ImmixBio”, “Company”, “We” or “Us” or “IMMX”), a clinical-stage biopharmaceutical company trailblazing cell therapies in AL Amyloidosis and other autoimmune diseases, today announced Memorial Sloan Kettering Cancer Center as lead clinical site for its NXC-201 relapsed/refractory AL Amyloidosis multi-site clinical trial.
“We are looking forward to this important multi-site clinical trial with NXC-201 CAR-T for patients with AL Amyloidosis,” said Heather Landau, MD, Memorial Sloan Kettering Cancer Center Amyloidosis Program Director. “NXC-201 represents a novel direction in the treatment landscape for relapsed or refractory AL Amyloidosis patients.”
NEXICART-2 (NCT06097832) is an open-label, single-arm, multi-site Phase 1b dose expansion clinical trial in relapsed/refractory AL Amyloidosis for CAR-T NXC-201 in the United States. NEXICART-2 is expected to enroll 40 patients over a period of approximately 18 months from first patient dosing. The objectives are the safety and efficacy of NXC-201. The expected primary endpoints are complete response rate and overall response rate according to consensus recommendations (Palladini et al. 2012).
We believe NXC-201 (formerly HBI0101) is the only “Single-Day CRS” BCMA-targeted CAR-T cell therapy that is uniquely suited to target AL Amyloidosis and other autoimmune diseases. It is being studied in a comprehensive clinical development program for the treatment of patients with relapsed/refractory AL amyloidosis, and expanding into other autoimmune indications.  These trials build on a robust NXC-201 clinical dataset initiated in February 2021. NXC-201 has been awarded Orphan Drug Designation (ODD) by the FDA in both AL Amyloidosis and multiple myeloma, and awarded EU ODD by the EMA in AL Amyloidosis.
About Immix Biopharma, Inc.
Immix Biopharma, Inc. (ImmixBio) (Nasdaq: IMMX) is a clinical-stage biopharmaceutical company trailblazing cell therapies in AL Amyloidosis and other autoimmune diseases. Our lead cell therapy is FDA IND cleared next generation CAR-T NXC-201, currently being evaluated in our ongoing Phase 1b/2 NEXICART-1 (NCT04720313) clinical trial, initiated in February 2021. NXC-201 has the potential to be the world’s first “Single-Day CRS” CAR-T (CRS median onset day 1, median duration 1 day), enabling the potential for a faster return home for patients and supporting ongoing expansion into autoimmune indications. NXC-201 has been awarded Orphan Drug Designation (ODD) by the FDA in both AL Amyloidosis and multiple myeloma, and ODD by the European Commission (EMA) in AL Amyloidosis. Learn more at www.immixbio.com and www.BeProactiveInAL.com.
Forward Looking Statements
This press release contains forward-looking statements regarding Immix Biopharma, Inc., including the potential benefits of our initial product candidates, CAR-T NXC-201 and IMX-110. Forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements that contain words such as "expects," "contemplates," "anticipates," "plans," "intends," "believes", "estimates", "potential" and variations of such words or similar expressions that convey the uncertainty of future events or outcomes, or that do not relate to historical matters. Those forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially. Among those factors are: (i) the risk that the further data from the ongoing Phase 1b/2a clinical trials for CAR-T NXC-201 and IMX-110 will not be favorably consistent with the initial data initial data readouts, (ii) the risk that the Company may not be able to advance to registration-enabling studies for the CAR-T NXC-201 and IMX-110 product candidates, (iii) success in early phases of pre-clinical and clinicals trials do not ensure later clinical trials will be successful; (iv) no drug product developed by the Company has received FDA pre-market approval or otherwise been incorporated into a commercial drug product, (v) the risk that the Company may not be able to obtain additional working capital with which to continue the clinical trials for CAR-T NXC-201 or IMX-110, or advance to the initiation of registration-enabling studies, for such product candidates as and when needed and (vii) those other risks disclosed in the section “Risk Factors” included in the Company’s Annual Report on Form 10-K filed with the SEC on March 27, 2023 and other periodic reports subsequently filed with the Securities and Exchange Commission. Immix Biopharma cautions readers not to place undue reliance on any forward-looking statements. Immix Biopharma does not undertake, and specifically disclaims, any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law.

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Frequently Asked Questions

What is the NEXICART-2 clinical trial about?

NEXICART-2 is a Phase 1b trial studying NXC-201 for relapsed/refractory AL Amyloidosis.

Where is the NEXICART-2 trial being conducted?

The lead clinical site for NEXICART-2 is Memorial Sloan Kettering Cancer Center.

What is NXC-201's significance in therapy?

NXC-201 is a novel CAR-T therapy for relapsed AL Amyloidosis and autoimmune diseases.

How many patients will be enrolled in NEXICART-2?

The trial aims to enroll 40 patients over approximately 18 months.

What designation has NXC-201 received?

NXC-201 has received Orphan Drug Designation from the FDA for AL Amyloidosis.

Last updated: Mar 20, 2024