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Hepion Pharmaceuticals In-Licenses ctRNA Biomarker Assay to Facilitate Early Diagnosis and Surveillance of Hepatocellular Carcinoma

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Hepion Pharmaceuticals (OTCQB:HEPA) in‑licensed a novel circulating tumor RNA (ctRNA) biomarker assay from Cirna Diagnostics to aid early diagnosis and surveillance of hepatocellular carcinoma (HCC) in high‑risk patients, announced March 3, 2026.

The license includes potential extension rights beyond HCC, complements Hepion’s mSEPT9 methylated DNA assay, and the company plans CLIA partnerships, pharma companion diagnostic collaborations, and later co‑development/commercialization steps.

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Positive

  • In‑licensed ctRNA assay for HCC with extension rights to other indications
  • ctRNA validated across several independent cohorts for HCC
  • Complementary portfolio — adds to mSEPT9 methylated DNA test preparing for commercialization

Negative

  • Regulatory and commercialization remain future steps; no regulatory approvals or commercialization milestones disclosed

News Market Reaction – HEPA

+9.29%
+9.29% Session close to close

In the Mar 3 session, HEPA gained 9.29%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +9.3% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +9.3% in the session following this news. A strong positive reaction aligns with the strategic nature of in-licensing a validated ctRNA liquid biopsy platform and complementing the mSEPT9 assay. The news targets a major unmet need where current HCC surveillance misses up to 75% of early-stage cancers and taps into a global liquid biopsy market estimated at $10 billion. Investors would still need to monitor execution milestones such as regulatory submissions and commercialization progress.

Key Figures

HCC share of liver cancers: 75-90% Missed early-stage HCC: 75% Global liquid biopsy market: $10 billion +2 more
5 metrics
HCC share of liver cancers 75-90% Proportion of liver cancer cases that are hepatocellular carcinoma
Missed early-stage HCC 75% Current HCC surveillance methods miss up to this share of early-stage cancers
Global liquid biopsy market $10 billion Current estimated global market size for liquid biopsy
U.S. liquid biopsy projection $9 billion Projected U.S. liquid biopsy market size by 2035
Projection year 2035 Year by which U.S. liquid biopsy market is projected to reach nearly $9 billion

Key Terms

circulating tumor RNA, liquid biopsy, PCR-based assay, biomarker, +3 more
7 terms
circulating tumor RNA medical
"Circulating tumor RNA liquid biopsy offers a more abundant signal and detects mutations"
Circulating tumor RNA is short pieces of genetic material released by cancer cells into the bloodstream, detectable with a blood test rather than a tissue biopsy. For investors, it matters because these tests can let doctors find cancers earlier, track whether treatment is working, or spot recurrence—similar to checking a car’s dashboard lights instead of opening the engine—so companies that develop accurate, fast tests or related tools can win market share and regulatory approval.
liquid biopsy medical
"next-generation approach to liquid biopsy. Unlike DNA-based approaches, ctRNA captures"
A liquid biopsy is a laboratory test that looks for tiny pieces of tumor or disease-related material — such as DNA, proteins, or cells — circulating in blood or other body fluids, allowing detection and monitoring without a surgical tissue sample. For investors, it matters because these tests can speed diagnosis, guide treatment choices, enable easier repeat testing, and create recurring revenue streams if adopted widely, affecting a medical company's growth and regulatory risk profile.
PCR-based assay medical
"its recently acquired methylated DNA test for early detection of liver cancer, the mSEPT9 PCR-based assay."
A PCR-based assay is a laboratory test that makes many copies of a specific piece of genetic material to detect whether a virus, bacteria, or genetic marker is present. It’s like using a high-powered photocopier to amplify a single page from a vast library so it becomes easy to read. Investors care because the test’s accuracy, speed, regulatory approval and production scale drive demand, revenue potential and competitive advantage for companies in diagnostics and healthcare.
biomarker medical
"a novel biomarker assay that detects mutant circulating tumor RNA (ctRNA)"
A biomarker is a measurable indicator found in the body, such as in blood or tissues, that provides information about health, disease, or how the body responds to treatment. For investors, biomarkers can signal the potential success or risk of medical products or therapies, influencing the value of related companies and industry trends. They act like signals or clues that help assess the progress of medical advancements and their market impact.
companion diagnostics medical
"pharma companion diagnostics collaborations in the midterm, and co-development"
A companion diagnostic is a medical test used alongside a specific drug or therapy to identify which patients are likely to benefit from it or may face safety risks. Think of it as a tailored matchmaker that tells doctors whether a particular treatment is a good fit for an individual. For investors, these tests matter because they can shape a drug’s approved use, speed and cost of development, patient uptake, reimbursement, and the commercial value of both the therapy and the diagnostic.
CLIA lab technical
"opportunities for CLIA lab partnerships initially, pharma companion diagnostics"
A CLIA lab is a U.S. laboratory certified under the Clinical Laboratory Improvement Amendments to perform tests on human samples; the certification is like a formal health-and-safety grade ensuring tests meet basic quality and accuracy standards. Investors care because CLIA certification affects whether a lab’s test results are accepted by doctors and payers, influences revenue potential, and lowers regulatory and reputational risk—similar to how a clean inspection report affects a restaurant’s business.
theranostics medical
"Hepion takes the next steps toward a theranostics-enabling approach that presents"
Theranostics combines a medical test with a targeted treatment so the same approach both finds disease and delivers therapy—like a guided missile that first locates a target then destroys it. For investors, it matters because pairing diagnosis and therapy can speed identification of patients who will benefit, reduce wasted treatments, create dual revenue streams (tests plus drugs), and alter regulatory and reimbursement dynamics that affect commercial potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Next-generation, non-invasive diagnostic platform has potential applications in solid tumor types beyond liver cancer

Licensing deal reflects Hepion’s strategic shift to advancing clinically proven liquid biopsy tests under new leadership

MORRISTOWN, N.J., March 03, 2026 (GLOBE NEWSWIRE) -- Hepion Pharmaceuticals, Inc. (OTCQB:HEPA), a precision diagnostics company, today announced that it has in-licensed from Cirna Diagnostics LLC, a novel biomarker assay that detects mutant circulating tumor RNA (ctRNA) to facilitate early diagnosis of hepatocellular carcinoma (HCC) in high-risk patients (cirrhosis). Most cases of liver cancer (75-90%) are HCC, and HCC is the sixth most common cancer worldwide, with a high mortality-to incidence ratio that makes it the third deadliest cancer globally.

Driven by the leadership of Chief Executive Officer (CEO) Kaouthar Lbiati, MD, the in-licensing agreement advances Hepion’s strategic evolution and complements its recently acquired methylated DNA test for early detection of liver cancer, the mSEPT9 PCR-based assay. Hepion’s new strategic focus is advancing clinically proven liquid biopsy tests to aid in the early diagnosis and surveillance of HCC and potentially other solid tumor types in the near future, and to this end Hepion has also secured rights to potentially extend Cirna’s ctRNA platform for other indications as the technology matures. The ctRNA license for HCC, and extension rights, augment Hepion’s growing pipeline as the company prepares its mSEPT9 PCR-based assay for commercialization. The Company believes both assays will fulfill a major unmet need, as current HCC surveillance methods miss up to 75% of early-stage cancers.

“Our diagnostic tests are designed to catch tumors early in high-risk patients and minimize later-stage diagnoses where prognosis is grim, thereby significantly improving the probability of survival in high-risk patients,” said Dr. Lbiati, Hepion CEO. “Our pathway toward regulatory submission and commercialization of the ctRNA platform will present numerous opportunities for CLIA lab partnerships initially, pharma companion diagnostics collaborations in the midterm, and co-development/co-commercialization agreements through the platform’s lifecycle. We believe these opportunities will enhance the value of our ctRNA asset and the broader portfolio of biomarkers, benefiting both patients and shareholders.”

“As with many cancers, early detection of hepatocellular carcinoma is key to improving patient outcomes, and there is a clear need for non-invasive biomarkers that detect HCC,” commented Louis P. Kassa III, MPA, Chief Executive Officer of the Hepatitis B Foundation, the Pennsylvania Biotechnology Center (PABC), the Baruch S. Blumberg Institute (BSBI) – which created the assay – and Cirna Diagnostics. “We view Hepion Pharmaceuticals, under the leadership of Dr. Kaouthar Lbiati, as the ideal licensing partner to advance our innovative ctRNA liquid biopsy test.”

The ctRNA biomarker assay is a blood-based test that reads the RNA signals shed by tumors into circulation. It detects cancer-specific mutant RNA variants in blood, offering a next-generation approach to liquid biopsy. Unlike DNA-based approaches, ctRNA captures actively expressed tumor signatures, providing earlier detection and improved specificity across both surveillance and early detection use cases. The platform has been validated for HCC across several independent cohorts, with standardized RNA extraction and a repertoire of HCC-specific variants being integrated into a single multiparametric blood test.

The ctRNA platform was co-invented by Timothy Block, PhD, a member of Hepion’s Board of Directors and co-founder of the Hepatitis B Foundation, Baruch S. Blumberg Institute (BSBI), and Pennsylvania Biotechnology Center, and Aejaz Sayeed, PhD, associate professor at the BSBI and chief scientific officer at Cirna Diagnostics.

“Circulating tumor RNA liquid biopsy offers a more abundant signal and detects mutations and splicing variants that are invisible to DNA-based tests,” explained Dr. Sayeed. “Our ctRNA platform also sheds light on the ‘dark’ or regulatory genome and highlights novel noncoding elements associated with cancer. It is a confidence-boosting tool for clinicians seeking diagnostic clarity for their at-risk patients. The platform is also disease-agnostic; it has direct applications in lung, breast, pancreatic, and fusion-driven cancers, and potential utility across the full arc of clinical management, encompassing surveillance, treatment monitoring, prognosis, and therapy selection.”

With its ctRNA and mSEPT9 diagnostic assays, Hepion takes the next steps toward a theranostics-enabling approach that presents a tremendous commercial opportunity. The global liquid biopsy market is currently valued at $10 billion and growing, and in the U.S. alone is projected to reach nearly $9 billion by 2035.

About Hepion Pharmaceuticals, Inc.

Hepion Pharmaceuticals (OTCQB: HEPA) is pioneering early cancer detection solutions with novel advanced liquid biopsy diagnostics. Leveraging deep expertise in liver biology, Hepion acquired complementary platforms for precise diagnosis of early hepatocellular carcinoma (HCC) in people with cirrhosis – a clinically validated methylated DNA (SEPT9) biomarker test for near-term commercialization, and a circulating tumor RNA (ctRNA) biomarker assay with potential application across a variety of solid tumors. With a clear roadmap from Clinical Laboratory Improvement Amendments (CLIA) launch to U.S. Food and Drug Administration (FDA) approval and multiple partnership pathways, Hepion is positioned to transform how solid tumors are detected and monitored in high-risk patients. For more information visit https://hepionpharma.com and follow Hepion on LinkedIn.

Forward-Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimated,” and “intend,” among others. These forward-looking statements are based on Hepion Pharmaceuticals’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our ability to continue as a going concern; our need for additional financing; uncertainties of patent protection and litigation; risks associated with delays; uncertainties of government or third party payer reimbursement; limited sales and marketing efforts and dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. Hepion Pharmaceuticals does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in Hepion Pharmaceuticals’ Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission.

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Media Contact:
Reba Auslander
reba@raliancecommunications.com
917-836-9308


FAQ

What did Hepion (HEPA) announce on March 3, 2026 about the ctRNA assay?

Hepion announced it in‑licensed a ctRNA liquid biopsy assay for early HCC diagnosis and secured extension rights. According to the company, the license complements its mSEPT9 assay and targets CLIA partnerships, pharma collaborations, and later co‑development or co‑commercialization.

How will Hepion’s ctRNA assay affect HCC surveillance for HEPA investors?

The ctRNA assay aims to improve early HCC detection missed by current methods, addressing a major surveillance gap. According to the company, ctRNA detects mutant RNA variants and may increase specificity and earlier detection versus DNA‑only tests.

Does Hepion (HEPA) plan to use the ctRNA platform beyond liver cancer?

Yes — Hepion secured rights to potentially extend Cirna’s ctRNA platform to other solid tumors. According to the company, the platform is disease‑agnostic with potential applications in lung, breast, pancreatic, and fusion‑driven cancers.

What validation supports Hepion’s ctRNA test for HCC (HEPA)?

The ctRNA platform has been validated for HCC across several independent cohorts, per the company. Supporting context: standardized RNA extraction and an HCC‑specific variant repertoire were integrated into a multiparametric blood test.

What commercial pathway did Hepion (HEPA) outline for the ctRNA assay?

Hepion plans staged commercialization beginning with CLIA lab partnerships, followed by pharma companion diagnostic collaborations and co‑development/co‑commercialization. According to the company, this pathway is intended to enhance asset value and support regulatory submission efforts.