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NewcelX (NCEL) secures FDA pre-IND alignment for NCEL-101 type 1 diabetes program

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Form Type
6-K

Rhea-AI Filing Summary

NewcelX Ltd. reports a successful Type B Pre-IND meeting with the U.S. FDA for its lead cell therapy candidate NCEL-101, aimed at treating type 1 diabetes in combination with Eledon Pharmaceuticals’ anti-CD40L antibody, tegoprubart. FDA feedback aligned with NewcelX’s proposed development strategy, including its Chemistry, Manufacturing, and Controls processes and preclinical program, allowing the company to move toward IND-enabling activities and planning a first clinical trial. NCEL-101 is built on a human pluripotent stem cell platform and is designed as a scalable, off-the-shelf islet cell replacement therapy, supported by existing clinical experience with tegoprubart in transplant patients.

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Insights

FDA pre-IND alignment advances NCEL-101 toward first human trials but execution and funding risks remain.

The successful Type B Pre-IND meeting indicates the FDA broadly agrees with NewcelX on its development plan for NCEL-101 combined with tegoprubart in type 1 diabetes. Constructive feedback on CMC and preclinical data lets the company proceed toward IND-enabling work, a key step before first-in-human testing.

The strategy leverages a stem-cell-derived islet product with an investigational anti-CD40L antibody that has clinical transplant experience in more than 100 recipients, which may reduce early safety and dosing uncertainties for the regimen. A 12-patient islet transplant study using tegoprubart-based immunosuppression is cited as supporting durable graft function.

However, the company highlights risk factors such as substantial doubt about its ability to continue as a going concern, potential clinical delays, competitive pressures, and regulatory and listing uncertainties. Future filings detailing actual IND submission, trial initiation, and financing progress will be important to understand how quickly this regulatory milestone can translate into clinical data.

Meeting type Type B Pre-IND meeting FDA interaction for NCEL-101 development plan
Islet study size 12 patients Investigator-initiated tegoprubart-based islet transplant study in type 1 diabetes
Transplant experience More than 100 transplant recipients Clinical use of tegoprubart across multiple IND applications
Form type Form 6-K Report of foreign private issuer for July 2026
Type B Pre-IND meeting regulatory
"announced the successful completion of its Type B Pre-IND meeting with the U.S. Food and Drug Administration"
A Type B pre‑IND meeting is a scheduled regulatory discussion between a drug developer and the U.S. Food and Drug Administration that takes place before the company files an Investigational New Drug (IND) application. Think of it like a planning session with a building inspector before breaking ground: it clarifies the safety tests, trial plans, and data the agency will expect, reducing risk and timelines. Investors care because a clear, productive meeting can lower development uncertainty, speed up clinical progress, and make the program more valuable.
Chemistry, Manufacturing, and Controls technical
"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.
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.
calcineurin inhibitor-free immunosuppressive regimen medical
"serving as the cornerstone of a calcineurin inhibitor-free immunosuppressive regimen is designed to enable durable graft survival"
human pluripotent stem cell (hPSC) platform medical
"Built on a validated human pluripotent stem cell (hPSC) platform, the company’s lead program, NCEL-101"
going concern financial
"its financial position raises substantial doubt about its ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
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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 July 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 July 1, 2026, NewcelX Ltd., a corporation incorporated under the laws of Switzerland (the “Company”), issued a press release titled: “NewcelX Announces Successful FDA Pre-IND Meeting with Clear Path Forward for NCEL-101 Toward Starting Clinical Trials for Type 1 Diabetes.” A copy of this press release is furnished herewith as Exhibit 99.1.

 

The first paragraph of the press release attached to this Form 6-K as Exhibit 99.1 is 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 Announces Successful FDA Pre-IND Meeting with Clear Path Forward for NCEL-101 Toward Starting Clinical Trials for 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: July 1, 2026 By:  /s/ Ronen Twito
    Name:  Ronen Twito
    Title: Chief Executive Officer

 

3

Exhibit 99.1

 

 

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

 

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

 

ZURICH, Switzerland, July 1, 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.

 

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 cells 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 (NCEL) announce regarding the FDA and NCEL-101?

NewcelX announced a successful Type B Pre-IND meeting with the U.S. FDA for NCEL-101. The agency provided constructive feedback and alignment on the proposed development plan, allowing NewcelX to advance toward IND-enabling activities for type 1 diabetes clinical trials.

What is NCEL-101 in NewcelX’s pipeline for type 1 diabetes?

NCEL-101 is NewcelX’s lead enriched stem-cell-derived islet product candidate for type 1 diabetes. It is built on a validated human pluripotent stem cell platform and is intended as a scalable, off-the-shelf cell replacement therapy to restore functional insulin production.

How will NewcelX use tegoprubart in developing NCEL-101?

NewcelX plans to combine NCEL-101 with Eledon Pharmaceuticals’ anti-CD40L antibody, tegoprubart, in a calcineurin inhibitor-free immunosuppressive regimen. Tegoprubart is intended to protect transplanted islet cells and support durable graft survival and function in type 1 diabetes patients.

What clinical data support using tegoprubart with NCEL-101?

The company references a 12-patient investigator-initiated study at University of Chicago Medicine in type 1 diabetes. In that study, tegoprubart-based immunosuppression preserved transplanted islet function and maintained durable immune protection, supporting its use with NCEL-101 islet replacement therapy.

What key risks does NewcelX highlight alongside this NCEL-101 update?

NewcelX notes factors including regulatory pathway uncertainties, potential delays or obstacles in clinical trials, competition, intellectual property risks, and its financial position, which raises substantial doubt about its ability to continue as a going concern, along with Nasdaq listing and geopolitical risks.

How does this FDA interaction affect NewcelX’s regulatory path?

The FDA’s favorable feedback on NewcelX’s CMC processes and preclinical program clarifies the regulatory pathway toward an Investigational New Drug submission. This alignment enables the company to proceed with IND-enabling activities needed before initiating clinical trials in type 1 diabetes.

Filing Exhibits & Attachments

1 document