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RenovoRx, Imugene Partner to Deliver Oncolytic Virus Therapy

Key Takeaway: RenovoRx and Imugene have formed a strategic research collaboration to enhance the delivery of Imugene's oncolytic virus therapy using RenovoRx's TAMP platform. This partnership aims to improve treatment options for challenging tumors like pancreatic and liver cancers by utilizing trans-arterial delivery methods. The collaboration could provide significant benefits over traditional therapy administration.
Price reaction · baseline $2.07 (2023-07-21 close) · hit pre-market · clean, no other RNXT news in the window
day 0 close · peak
-1.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Strategic collaboration between RenovoRx and Imugene.
  • Focus on optimizing delivery of oncolytic virus therapy.
  • Potential to improve treatment for difficult-to-access tumors.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+57%
120-day peak, hindsight
Typical move
12.3%
average across 4 past catalysts
Cash runway
~10 mo
Medium dilution risk
Lead asset
nab-paclitaxel
Phase 3 · Locally Advanced Pancreatic Cancer

Full Press Release Details

RenovoRx, Inc. , a clinical-stage biopharmaceutical company developing targeted combination therapies, and Imugene Ltd. , a clinical-stage immuno-oncology company, entered into a strategic research collaboration to optimize the delivery of Imugene’s oncolytic virus therapy with RenovoRx’s TAMP (Trans-Arterial Micro-Perfusion) therapy platform for the treatment of difficult-to-access tumors.
Imugene and RenovoRx will investigate the ability to administer Imugene’s CF33 oncolytic virus technology with RenovoRx’s TAMP therapy platform. The ability to treat difficult-to-access tumors, such as pancreatic and liver cancers, by delivering CF33 trans-arterially may be valuable to cancer patients compared to traditional administration methods where dense fibrous tissue and lack of blood vessels supplying the tumors have been shown to limit therapy uptake.
View the entire article on Contract Pharma

Frequently Asked Questions

What is the purpose of the collaboration?

The collaboration aims to optimize the delivery of Imugene's oncolytic virus therapy using RenovoRx's TAMP platform.

What tumors are targeted by this therapy?

The therapy targets difficult-to-access tumors, specifically pancreatic and liver cancers.

What is TAMP therapy?

TAMP stands for Trans-Arterial Micro-Perfusion, a method to deliver therapies directly to tumors.

Who are the companies involved in this partnership?

The partnership involves RenovoRx, Inc. and Imugene Ltd.

Last updated: Jul 24, 2023