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NewcelX (Nasdaq: NCEL) files FDA pre-IND for NCEL-101 diabetes cell therapy

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Form Type
6-K

Rhea-AI Filing Summary

NewcelX Ltd. submitted a Pre-IND briefing package to the U.S. FDA for NCEL-101, its stem-cell-derived islet product candidate for Type 1 Diabetes, in combination with Eledon’s investigational anti-CD40L antibody, tegoprubart. This is intended to support a proposed first-in-human clinical trial.

The planned regimen is calcineurin inhibitor-free and aims to achieve durable graft survival and insulin-producing function, building on a 12-patient University of Chicago islet transplant study where tegoprubart-based immunosuppression preserved transplanted islet function. Tegoprubart has been used in more than 100 transplant recipients across multiple FDA-cleared INDs.

A Type B pre-IND meeting with the FDA is scheduled for the last week of June to discuss NCEL-101 manufacturing, the preclinical safety and toxicology plan, and first-in-human trial design. The company also reiterates that its financial position raises substantial doubt about its ability to continue as a going concern and highlights risks including regulatory uncertainty, Nasdaq listing compliance, clinical development challenges, intellectual property protection, and geopolitical and economic conditions.

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Insights

NewcelX reaches a key regulatory step for NCEL-101 but remains financially constrained.

NewcelX has moved NCEL-101 into formal FDA engagement by submitting a Pre-IND package and securing a Type B meeting for the last week of June. This step frames the proposed first-in-human trial, including manufacturing, safety/toxicology, and trial design.

The approach combines a stem-cell-derived islet product with tegoprubart, an anti-CD40L monoclonal antibody, supported by data from a 12-patient islet transplant study and experience in more than 100 transplant recipients under multiple INDs. These data mainly inform safety, dosing, and immune effects relevant to islet replacement.

The company explicitly notes that its financial position raises substantial doubt about its ability to continue as a going concern and references Nasdaq listing risks and broad clinical, regulatory, and operational uncertainties. The actual impact of this regulatory progress will depend on FDA feedback at the pre-IND meeting and NewcelX’s ability to secure sufficient capital to execute the planned program.

Pre-IND meeting timing Last week of June Scheduled FDA Type B pre-IND meeting for NCEL-101
Investigator-initiated study size 12 patients University of Chicago islet transplant study in Type 1 Diabetes
Transplant recipients exposed to tegoprubart More than 100 transplant recipients Clinical transplant experience across multiple FDA-cleared INDs
Pre-Investigational New Drug regulatory
"announced the submission of a Pre-Investigational New Drug (“Pre-IND”) briefing package"
The pre-investigational new drug stage is the early development period when a potential therapy is tested in the lab and in animals, manufacturing methods are developed, and safety data are gathered so a formal Investigational New Drug (IND) application can be filed with regulators to begin human trials. For investors, it signals a high-risk, early-stage asset where preclinical results and successful safety or manufacturing milestones can greatly change a company’s prospects—think of it as prototype testing before asking permission to test on people.
First-In-Human clinical trial regulatory
"to support the proposed First-In-Human (“FIH”) clinical trial of NCEL-101"
A first-in-human clinical trial is the first time a new drug or medical treatment is given to people rather than tested only in the lab or animals, aimed mainly at checking safety, appropriate dose, and initial side effects. For investors, it marks a major step from concept to real-world testing—like taking a prototype car onto a closed track—and carries high risk but also the potential to unlock significant value if results are favorable.
calcineurin inhibitor-free immunosuppressive regimen medical
"serving as the cornerstone of a calcineurin inhibitor-free immunosuppressive regimen"
anti-CD40L monoclonal antibody medical
"Eledon’s investigational anti-CD40L monoclonal antibody, tegoprubart"
An anti-CD40L monoclonal antibody is a lab-made protein designed to stick to the CD40 ligand, a molecule that helps immune cells communicate and drive inflammation. By blocking that signal it can dial down an overactive immune response, which might treat autoimmune disease, prevent organ rejection or modify inflammatory conditions. For investors, these drugs matter because clinical results, safety and regulatory decisions determine whether a candidate becomes a viable commercial treatment with significant market and revenue implications.
human pluripotent stem cell (hPSC) platform medical
"Built on a validated human pluripotent stem cell (hPSC) platform"
forward-looking statements regulatory
"This press release contains expressed or implied forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of May 2026

 

Commission File Number: 001-39957

 

NEWCELX LTD.

(Translation of registrant’s name into English)

 

Hohstrasse 1, 8302 Kloten

Switzerland

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F        Form 40-F

 

 

 

 

 

 

CONTENTS

 

On May 27, 2026, NewcelX Ltd., a corporation incorporated under the laws of Switzerland (the “Company”), issued a press release titled: “NewCelX Ltd. Submits Pre-IND Package to the FDA for NCEL-101 for the Treatment of Type 1 Diabetes.” A copy of this press release is furnished herewith as Exhibit 99.1.

 

The first four paragraphs of the press release attached to this Form 6-K as Exhibit 99.1 are incorporated by reference into the Company’s Registration Statements on Form F-3 (File Nos. 333-282788, 333-268690, 333-269220, 333-295770 and 333-284811), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

1

 

 

EXHIBIT INDEX

 

Exhibit
Number
  Description of Document
99.1   Press release titled: “NewCelX Ltd. Submits Pre-IND Package to the FDA for NCEL-101 for the Treatment of Type 1 Diabetes”

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  NewcelX Ltd.
       
Date: May 27, 2026 By: /s/ Ronen Twito
    Name:  Ronen Twito
    Title: Chief Executive Officer

 

 

3

 

Exhibit 99.1

 

NewCelX Ltd. Submits Pre-IND Package to the FDA for NCEL-101 for the Treatment of Type 1 Diabetes

 

Pre-IND meeting has been scheduled with FDA to advance type 1 diabetes treatment to First-In-Human clinical trial

 

ZURICH, Switzerland, May 27, 2026 (GLOBE NEWSWIRE) -- NewcelX Ltd. (“NewcelX”; Nasdaq: NCEL), a clinical-stage regenerative medicine company developing stem-cell-derived therapies, today announced the submission of a Pre-Investigational New Drug (“Pre-IND”) briefing package to the U.S. Food and Drug Administration (“FDA”) to support the proposed First-In-Human (“FIH”) clinical trial of NCEL-101 in combination with tegoprubart, an investigational immunomodulatory agent being developed by Eledon Pharmaceuticals (“Eledon”; Nasdaq: ELDN). The submission represents a significant milestone toward the clinical development of an innovative treatment intended for a potential cure for type 1 diabetes.

 

NewcelX is seeking to advance NCEL-101, an enriched stem cell-derived islet product candidate, into clinical studies with Eledon’s investigational anti-CD40L monoclonal antibody, tegoprubart, serving as the cornerstone of a calcineurin inhibitor-free immunosuppressive regimen. The combination is designed to enable durable graft survival and function, with the goals of achieving outcomes comparable to donor human islet transplantation and advancing a potential functional cure for type 1 diabetes. 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 (Eledon Announces Updated Data from Investigator-Initiated Islet Transplant Trial of Tegoprubart in Patients with Type 1 Diabetes at UChicago Medicine).

 

Tegoprubart has been used as an investigational immunosuppressive agent in more than 100 transplant recipients across studies conducted under multiple FDA-cleared Investigational New Drug 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.

 

A Type B pre-IND meeting has been scheduled with the FDA for the last week of June. NewcelX plans to discuss NCEL-101 manufacturing, the preclinical (safety/toxicology study) development plan and FIH clinical trial design.

 

Ronen Twito, Executive Chairman & CEO of NewcelX, added, “The Pre-IND meeting for NCEL-101 is a pivotal milestone that underscores our commitment towards a potential cure for T1D. We are encouraged both by our continued interactions with the FDA and by the FDA’s recent commitment to streamlining the IND process for T1D innovations.”

 

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 pre-IND 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 (NCEL) announce regarding NCEL-101 and the FDA?

NewcelX submitted a Pre-IND briefing package to the FDA for NCEL-101, its stem-cell-derived islet product candidate for Type 1 Diabetes, to support a proposed first-in-human trial and begin formal regulatory discussions on manufacturing, safety, and study design.

How will tegoprubart be used with NewcelX’s NCEL-101 program?

NCEL-101 is planned to be studied with tegoprubart, Eledon’s investigational anti-CD40L monoclonal antibody, as part of a calcineurin inhibitor-free immunosuppressive regimen. The combination is designed to support durable graft survival and function in islet cell replacement for Type 1 Diabetes.

What supporting clinical experience exists for tegoprubart mentioned by NewcelX?

The company cites a 12-patient investigator-initiated islet transplant study at the University of Chicago, where tegoprubart-based immunosuppression preserved transplanted islet function, and notes tegoprubart has been used in more than 100 transplant recipients across studies under multiple FDA-cleared INDs.

When is NewcelX’s FDA Type B pre-IND meeting for NCEL-101 scheduled?

NewcelX states that a Type B pre-IND meeting with the FDA is scheduled for the last week of June. During this meeting, the company plans to review NCEL-101 manufacturing, preclinical safety and toxicology plans, and the proposed first-in-human clinical trial design.

What key risks does NewcelX highlight in connection with NCEL-101 and its business?

NewcelX notes its financial position raises substantial doubt about its ability to continue as a going concern and cites risks around regulatory approvals, Nasdaq listing compliance, clinical trial delays, intellectual property protection, competition, and geopolitical and economic instability affecting its operations.

What is NewcelX’s core focus as described in this NCEL-101 update?

NewcelX describes itself as a biopharmaceutical company developing stem-cell-derived therapies for Type 1 Diabetes. Its lead program, NCEL-101, is built on a human pluripotent stem cell platform and is intended as an off-the-shelf cell replacement therapy to restore functional insulin production.

Filing Exhibits & Attachments

1 document