Humacyte Inc Stock Price, News & Analysis

Humacyte announced Q1 2022 financial results and recent achievements, including shipping Human Acellular Vessels (HAVs) to six hospitals in Ukraine for treating vascular trauma, amidst ongoing humanitarian efforts. Newly appointed Chief Medical Officer Shamik Parikh will lead clinical development. Financial highlights show a revenue increase to $233,000, with a net loss of $19.8 million, slightly down from $20.3 million in Q1 2021. The company has cash reserves of $206.2 million, sufficient to fund operations through 2024, supporting their plans for HAV market entry.

Humacyte, Inc. (Nasdaq: HUMA) has initiated the shipment of Human Acellular Vessels (HAVs) to six hospitals in Ukraine, addressing vascular injuries in civilians and soldiers. This initiative follows a request from Ukrainian surgeons and involves coordination with the FDA and Ukraine's Ministry of Health. The HAV is under evaluation in Phase 2/3 trials for vascular trauma and has received priority designation from the U.S. Secretary of Defense. Although investigational, this effort aims to gather real-world evidence of the HAV's potential benefits.

Humacyte, Inc. (Nasdaq: HUMA) will release its financial results for Q1 2022 on May 13, 2022, followed by a webcast at 8:00 a.m. ET for a corporate update. The company specializes in developing bioengineered human tissues, particularly human acellular vessels (HAVs), which are in late-stage clinical trials for various vascular applications. The HAV has received FDA designations for its significant medical potential, including RMAT and Fast Track status. This webcast will be accessible for 30 days post-event on their website.

Humacyte, Inc. (Nasdaq: HUMA) has appointed Shamik J. Parikh, M.D., as its Chief Medical Officer. Dr. Parikh, who brings over 20 years of experience in clinical development and product launches, will oversee Humacyte's global clinical development strategy. His expertise will be crucial as the company advances its Human Acellular Vessel (HAV) through late-stage clinical trials for vascular applications. CEO Laura Niklason emphasized that Dr. Parikh's background in patient safety and drug strategy will be invaluable in progressing their bioengineered tissue products.

Humacyte, Inc. (Nasdaq: HUMA) will hold its 2022 annual meeting of shareholders virtually on June 9, 2022, at 7:30 AM ET. The record date for eligible voters is April 18, 2022. Humacyte is focused on developing a platform for universally implantable bioengineered human tissues, with an emphasis on human acellular vessels (HAVs). These vessels are in late-stage clinical trials for vascular applications, receiving FDA's Regenerative Medicine Advanced Therapy designation, and are prioritized for vascular trauma by the U.S. Secretary of Defense.

Humacyte, Inc. (HUMA) reported financial results for Q4 and the year ending December 31, 2021, showing a revenue increase to $177,000 in Q4 from $124,000 year-over-year. The company is advancing its Human Acellular Vessel (HAV) clinical trials, with 50 patients enrolled in a Phase 2/3 trial for vascular trauma. Expected BLA filings for HAV in 2022/2023 and a strong financial position with cash of $225.5 million highlight growth potential. Notable partnerships, including with Fresenius Medical Care, support its market strategy.

Humacyte, Inc. (Nasdaq: HUMA) will release its financial results for Q4 and full year 2021 on March 29, 2022, at 8:00 a.m. ET. The call will provide an update on their bioengineered human tissue platform and ongoing clinical trials. The company focuses on developing acellular human tissues for medical applications, including vascular trauma and chronic conditions. Their human acellular vessel (HAV) technology has received FDA's Regenerative Medicine Advanced Therapy designation and is in late-stage trials.

Humacyte, Inc. (Nasdaq: HUMA), a biotechnology company, announced its participation in two upcoming investor conferences in March 2022. Laura Niklason, CEO, and Dale Sander, CFO, will represent the company. They will present at Cowen’s 42nd Annual Health Care Conference on March 8 at 2:10 p.m. EST and Oppenheimer’s 32nd Annual Healthcare Conference on March 16 at 12:40 p.m. EDT. Both presentations will be accessible for replay for 30 days. Humacyte is known for developing bioengineered human tissues aimed at improving patient outcomes.

Humacyte has published five-year data from a Phase 2 trial of its Human Acellular Vessel (HAV), demonstrating its potential as a durable, safe option for vascular access in long-term hemodialysis patients. The study showed a 58.2% patency rate at five years, significantly higher than the historical 30% for arteriovenous fistulas. No infections were reported, indicating strong safety and tolerability. Humacyte is currently conducting a Phase 3 trial involving up to 240 patients to further evaluate HAV's usability compared to traditional fistulas.