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RenovoRx has raised $17.2 million in gross proceeds since early 2024, enabling the advancement of its pivotal Phase III TIGeR-PaC clinical trial for Locally Advanced Pancreatic Cancer (LAPC) and the expansion of its drug-delivery platform into additional cancer indications. The company, led by CEO Shaun Bagai, aims to improve patient outcomes with its precision oncology therapies. Recent promotions within the management team and publications supporting the Trans-Arterial Micro-Perfusion (TAMP) platform demonstrate progress. A second interim analysis for the TIGeR-PaC trial is expected by late 2024, following the completion of the first interim analysis in March 2023.
RenovoRx has announced the publication of pre-clinical studies demonstrating the efficacy of its Trans-Arterial Micro-Perfusion (TAMP) therapy platform.
The data, published in the Journal of Vascular Interventional Radiology, reveals a 100-fold increase in local tissue concentration of chemotherapy when using TAMP compared to conventional intravenous delivery.
TAMP aims to improve the safety and efficacy of oncology therapies by delivering drugs directly to solid tumors, potentially reducing systemic toxicity and widening the therapeutic window.
The studies were co-authored by experts from the Oregon Health and Science University, University of Pittsburgh Hillman Cancer Center, and RenovoRx.
The platform could address unmet needs in localized drug delivery, pending validation from ongoing Phase III clinical trials.
RenovoRx, a clinical-stage biopharmaceutical company (Nasdaq: RNXT), will take part in a fireside chat at the A.G.P. Virtual Healthcare Company Showcase on May 21, 2024. CEO Shaun Bagai will discuss the company's recent milestones, including raising $17.2 million through private placements. This funding will support RenovoRx's Phase III TIGeR-PaC clinical trial for its lead product, RenovoGem, aimed at treating locally advanced pancreatic cancer. The TIGeR-PaC's second interim analysis is anticipated by late 2024. The event will be moderated by Scott Henry, Managing Director at A.G.P.
RenovoRx, Inc. (RNXT) CEO Shaun R. Bagai will present at the Aegis Capital Virtual Conference on May 9, 2024. The company recently completed private placements raising $17.2 million. This funding will support the Phase III TIGeR-PaC clinical trial for RenovoGem™ in locally advanced pancreatic cancer. The second interim analysis is expected in late 2024.
