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NewcelX Announces Successful FDA Pre-IND Meeting with Clear Path Forward for NCEL-101 Toward Starting Clinical Trials for Type 1 Diabetes

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NewcelX (Nasdaq: NCEL) reported a successful FDA Type B Pre-IND meeting for NCEL-101 in combination with tegoprubart for type 1 diabetes.

The FDA aligned with the proposed development strategy and gave favorable CMC and preclinical feedback, allowing progression toward IND-enabling activities and planned clinical trials.

According to NewcelX, NCEL-101 showed ~60% beta cells co-expressing insulin and NKX6.1, 99.98% endocrine lineage, and over 96% non-proliferative cells in preclinical studies. Tegoprubart has been used as an investigational immunosuppressive in more than 100 transplant recipients and in a 12-patient type 1 diabetes study.

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Positive

  • Successful FDA Type B Pre-IND meeting for NCEL-101 in type 1 diabetes
  • Regulatory alignment enabling NCEL-101 IND-enabling activities to proceed
  • Favorable FDA feedback on CMC processes and preclinical program
  • NCEL-101 preclinical profile: ~60% beta cells co-express insulin and NKX6.1
  • NCEL-101 cell product: 99.98% endocrine lineage and >96% non-proliferative cells
  • Tegoprubart experience in >100 transplant recipients and 12-patient T1D islet study

Negative

  • NCEL-101 remains preclinical with clinical trials yet to start
  • Planned therapy depends on investigational tegoprubart and future regulatory milestones

News Market Reaction – NCEL

+5.19% 4.4x vol
7 alerts
+5.19% Session close to close
+5.3% Peak Tracked
-24.3% Trough Tracked
$21.56M Market Cap
4.4x Rel. Volume

In the Jul 1 session, NCEL gained 5.19%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.3% during that session. Argus tracked a trough of -24.3% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. Trading volume was very high at 4.4x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.2% in the session following this news. A strong positive reaction aligns with pri...
Analysis

The stock moved +5.2% in the session following this news. A strong positive reaction aligns with prior upbeat responses to NCEL-101 milestones and financing. FDA alignment de-risks early development, though the large effective shelf could still introduce dilution risk if substantial equity issuance follows.

Key Figures

Investigator-initiated study size: 12 patients Transplant recipients treated: more than 100 transplant recipients Beta cell proportion: ~60% Beta cells +2 more
5 metrics
Investigator-initiated study size 12 patients University of Chicago Medicine tegoprubart-based immunosuppression study in type 1 diabetes
Transplant recipients treated more than 100 transplant recipients Clinical experience with tegoprubart across multiple FDA-cleared IND studies
Beta cell proportion ~60% Beta cells NCEL-101 cells co-expressing insulin and NKX6.1 in preclinical characterization
Endocrine lineage purity 99.98% endocrine lineage NCEL-101 cell population purity with minimal off-target non-endocrine cells
Non-proliferative cells More than 96% non-proliferative NCEL-101 cells showing low proliferative potential, similar to donor human islets

Historical Context

5 past events · Latest: May 27 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 27 Regulatory interaction Positive +9.5% Submission of Pre-IND package to FDA for NCEL-101 combination program.
Apr 30 Earnings and update Positive +28.9% 2025 results plus financing access and accelerated NCEL-101 development plans.
Apr 20 Corporate presentation Positive +6.4% Updated presentation highlighting NCEL-101 and Eledon collaboration at conference.
Apr 01 Equity financing Positive +10.8% Premium-priced private placement to fund NCEL-101 and general purposes.
Mar 09 Strategic collaboration Positive -1.1% Collaboration with Eledon to combine NCEL-101 with anti-CD40L antibody.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Shares have generally reacted positively to NCEL-101 development, financing, and collaboration news, with only one recent partnership headline showing a slight negative move.

Key Terms

pre-ind, investigational new drug, chemistry, manufacturing, and controls, anti-cd40l antibody, +2 more
6 terms
pre-ind regulatory
"announced the successful completion of its Type B Pre-IND meeting with the U.S."
"Pre-ind" is short for "pre-indication" and refers to the period before a formal announcement or official signal that a significant change or event is about to happen, such as a company preparing to release important news. For investors, it can signal a time of increased activity or uncertainty, as market participants try to interpret hints and anticipate future developments. Recognizing pre-ind conditions helps investors make more informed decisions ahead of major shifts.
investigational new drug regulatory
"allowing the Company to proceed toward its Investigational New Drug (“IND”) enabling activities."
An investigational new drug is a medication that is still being tested in clinical trials to determine if it is safe and effective for treating a specific condition. For investors, it represents a potential breakthrough that could lead to a new treatment and significant financial gains if successful, but also carries risks since it has not yet been approved for widespread use.
chemistry, manufacturing, and controls regulatory
"The FDA provided favorable feedback on NewcelX's Chemistry, Manufacturing, and Controls (“CMC”) processes"
Chemistry, manufacturing, and controls (CMC) is the detailed documentation of how a drug or medical product is made, tested, and kept consistent — like a recipe, factory checklist, and quality-control plan combined. Investors care because strong CMC means regulators are more likely to approve the product and the company can reliably scale production, while weak or incomplete CMC raises the risk of approval delays, production problems, extra costs, or recalls.
anti-cd40l antibody medical
"in combination with Eledon Pharmaceuticals’ (Nasdaq: ELDN) anti-CD40L antibody, tegoprubart,"
An anti-CD40L antibody is a laboratory-made protein that binds to CD40 ligand, a molecule that helps turn immune responses on or off, and by doing so it dampens or reprograms parts of the immune system. Investors pay attention because these drugs target diseases like autoimmune conditions or transplant rejection, so clinical trial outcomes, safety signals, and regulatory decisions can sharply affect a developer’s market value, similar to how a promising new engine can change an automaker’s prospects.
monoclonal antibody medical
"Eledon’s anti-CD40L monoclonal antibody, tegoprubart, serving as the cornerstone"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
calcineurin inhibitor-free medical
"cornerstone of a calcineurin inhibitor-free immunosuppressive regimen is designed to enable"
An approach labeled "calcineurin inhibitor-free" means a treatment or drug regimen that does not include calcineurin inhibitors—a class of immune‑suppressing drugs (for example, tacrolimus or cyclosporine) that shut down part of the immune response. For investors this matters because avoiding these drugs can reduce well‑known side effects such as kidney damage and high blood pressure, altering a product’s safety profile, regulatory pathway, and commercial attractiveness much like a new car that achieves the same performance without a bulky, risky component.

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

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FDA feedback supports NewcelX’s planned development strategy for NCEL-101 in combination with Tegoprubart

ZURICH, July 01, 2026 (GLOBE NEWSWIRE) -- NewcelX Ltd. (“NewcelX”; Nasdaq: NCEL), a clinical-stage regenerative medicine company developing stem-cell-derived therapies, announced the successful completion of its Type B Pre-IND meeting with the U.S. Food and Drug Administration (“FDA”). The agency provided constructive feedback and alignment on the Company’s proposed development strategy, providing clarity regarding the regulatory pathway toward launching a clinical trial of NCEL-101 for type 1 diabetes in combination with Eledon Pharmaceuticals’ (Nasdaq: ELDN) anti-CD40L antibody, tegoprubart, an investigational immunomodulatory agent. The meeting results represent a significant milestone toward the clinical development of an innovative treatment paradigm targeting a potential functional cure for type 1 diabetes.

The FDA provided favorable feedback on NewcelX's Chemistry, Manufacturing, and Controls (“CMC”) processes and preclinical program allowing the Company to proceed toward its Investigational New Drug (“IND”) enabling activities.

Ronen Twito, CEO & Executive Chairman of NewcelX, added, “Coming out of our FDA meeting, we have a well-defined clinical path forward and strengthened confidence in our development approach. We are fully committed to bringing NCEL-101 into the clinic as quickly as possible with the goal of developing a potentially transformative treatment for patients with type 1 diabetes.”

"We are excited to explore the combination of tegoprubart with NewcelX's advanced islet cell therapy," added Dr. David-Alexandre Gros, CEO of Eledon Pharmaceuticals. "By combining tegoprubart's demonstrated ability to protect transplanted tissue with NCEL-101's cell platform, we are collectively moving closer to a potential fully scalable therapeutic option for individuals living with type 1 diabetes."

Combining NCEL-101, an enriched stem cell-derived islet product candidate, with Eledon’s anti-CD40L monoclonal antibody, tegoprubart, serving as the cornerstone of a calcineurin inhibitor-free immunosuppressive regimen is designed to enable durable graft survival and function, with the goals of achieving outcomes comparable to donor human islet transplantation. This approach is supported by recently reported results from a 12-patient investigator-initiated study at University of Chicago Medicine in patients with type 1 diabetes, where tegoprubart-based immunosuppression preserved transplanted islet function and maintained durable immune protection. https://finance.yahoo.com/news/eledon-announces-updated-data-investigator-110000968.html

Tegoprubart has been used as an investigational immunosuppressive agent in more than 100 transplant recipients across studies conducted under multiple FDA-cleared IND applications. This body of clinical transplant experience provides important safety, dosing, and immunologic insights that are directly relevant to islet cell replacement therapies and support the planned advancement of NCEL-101.

NCEL-101, leveraging a differentiated enrichment process, has demonstrated favorable results in preclinical studies and a supportive safety profile with the following qualities:

  • ~60% Beta cells co-express insulin and NKX6.1
  • MAFA expression, a transcription factor critical for Beta cell maturation and glucose-dependent insulin secretion
  • 99.98% endocrine lineage, implying minimal, if any, off-target non-endocrine population
  • More than 96% of cells are non-proliferative, as donor human islets

About NewcelX

NewcelX is an innovative biopharmaceutical company focused on developing transformative stem-cell-derived therapies for type 1 diabetes. Built on a validated human pluripotent stem cell (hPSC) platform, the company’s lead program, NCEL-101, is designed to restore functional insulin production through scalable, off-the-shelf cell replacement. NewcelX is advancing a comprehensive therapeutic approach for type 1 diabetes integrating cell therapy, immune protection, and translational science to address critical unmet medical needs.

Social Media: LinkedInFacebookX, Instagram
Website: www.newcelx.com 

Forward-Looking Statements

This press release contains expressed or implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. For example, NewcelX is using forward-looking statements when it discusses clinical development of an innovative treatment intended for a potential cure for type 1 diabetes, advancing NCEL-101 into clinical studies with Eledon’s investigational anti-CD40L monoclonal antibody, the planned advancement of NCEL-101, the Company’s expectations concerning its interactions with the U.S. Food and Drug Administration (the “FDA”), the timing, scope and outcome of any FDA feedback, the potential initiation, timing, design and progress of future preclinical studies or clinical trials, the advancement of the Company’s development programs and the regulatory pathway for its product candidate. These forward-looking statements and their implications are based on the current expectations of the management of NewcelX and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the regulatory pathways that NewcelX may elect to utilize in seeking European Medicines Agency, the FDA, and other regulatory approvals; its ability to drive revenue growth, enhance research and development capabilities, and improve financial performance is subject to uncertainties; that its financial position raises substantial doubt about its ability to continue as a going concern; its ability to maintain listing and effectively comply with the listing requirements of the Nasdaq; changes in technology and market requirements; potential delays or obstacles in launching or completing clinical trials, including its expectations regarding the timing of commencing further clinical trials, the process entailed in conducting each such trial, including dosages, and the order of such trials with each of its product candidates or whether such trials will be conducted at all; competitive companies, technologies and its industry; the development and commercialization, if any, of any other product candidates that it may seek to develop; products that may not be approved by regulatory agencies; technologies that may not be validated or accepted by the scientific community; the inability to retain or attract key employees; unforeseen scientific difficulties with products in development; the scope of protection it is able to establish and maintain for intellectual property rights covering its product candidates and its ability to operate its business without infringing the intellectual property rights of others; higher-than-expected product costs; results in the laboratory that do not translate to clinical success; insufficient patent protection; possible adverse safety outcomes; its ability to establish and maintain strategic partnerships and other corporate collaborations; risks related to changes in healthcare laws, rules and regulations in the United States or elsewhere; delays in developing or introducing new technologies, products, or applications; competitive pressures that could reduce market share or pricing; the overall global political and economic environment in the countries in which we operate; and security, political and economic instability in the Middle East that could harm its business, including due to the current security situation in Israel. Except as otherwise required by law, NewcelX does not undertake any obligation to publicly release revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in its Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission ("SEC") and available at www.sec.gov, as well as in subsequent filings made by NewcelX.

Investor Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
PH: (212) 896-1254
NewCelX@kcsa.com

Company Contact
Sarah Bazak
InvestorRelations@newcelx.com


FAQ

What did NewcelX (NASDAQ: NCEL) announce about its FDA Pre-IND meeting on July 1, 2026?

NewcelX announced a successful FDA Type B Pre-IND meeting for NCEL-101 in type 1 diabetes. According to NewcelX, the FDA aligned with its development strategy and provided feedback that allows the company to advance NCEL-101 toward IND-enabling activities and planned clinical trials.

How does NCEL-101 aim to treat type 1 diabetes for NewcelX (NCEL) investors?

NCEL-101 is an enriched stem-cell-derived islet product candidate for type 1 diabetes. According to NewcelX, it is designed to be combined with tegoprubart-based, calcineurin inhibitor-free immunosuppression to support durable graft survival and function, targeting outcomes comparable to donor human islet transplantation.

What preclinical data did NewcelX (NCEL) report for NCEL-101 in its FDA update?

NewcelX reported that NCEL-101 showed ~60% beta cells co-expressing insulin and NKX6.1 in preclinical studies. According to NewcelX, the product is 99.98% endocrine lineage with more than 96% non-proliferative cells, characteristics intended to support safety and functional insulin secretion.

Why is tegoprubart important in NewcelX’s (NCEL) NCEL-101 development for type 1 diabetes?

Tegoprubart is an investigational anti-CD40L antibody used as an immunosuppressive agent. According to NewcelX, tegoprubart has been used in more than 100 transplant recipients and in a 12-patient type 1 diabetes islet study, providing safety and immunologic insights for NCEL-101 combination therapy.

What regulatory progress did NewcelX (NCEL) make toward starting NCEL-101 clinical trials?

NewcelX obtained constructive FDA feedback and alignment on NCEL-101’s development strategy in a Type B Pre-IND meeting. According to NewcelX, this feedback supports a clear regulatory pathway and allows the company to move forward with IND-enabling activities toward initiating clinical trials.

How could the NCEL-101 and tegoprubart combination benefit type 1 diabetes patients if approved?

The NCEL-101 and tegoprubart combination is designed to enable durable islet graft survival and function. According to NewcelX, the goal is to achieve outcomes comparable to donor human islet transplantation and move toward a potentially fully scalable therapeutic option for people with type 1 diabetes.