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Aethlon Medical Inc. (Nasdaq: AEMD) is an innovative medical technology company dedicated to addressing unmet medical needs in health and biodefense. The company's core focus is on developing the Hemopurifier®, a clinical-stage therapeutic device designed to combat cancer and life-threatening viral infections, and for use in organ transplantation. Aethlon’s proprietary technology, the Aethlon ADAPT™ platform, provides the foundation for a new class of therapeutics that target the selective removal of disease-enabling particles from the entire circulatory system.
The Hemopurifier®, designated as a breakthrough device by the FDA, has demonstrated broad-spectrum capabilities against exosomes that contribute to the progression of cancer and viruses like HIV and Hepatitis C. Recent developments include ongoing research and clinical trials to evaluate the device's safety and efficacy in removing harmful exosomes and viruses from blood. These trials are taking place in India and Australia, targeting patients with solid tumors who have stable or progressive disease during anti-PD-1 monotherapy treatment, such as Keytruda® or Opdivo®.
Financially, Aethlon Medical reported a cash balance of approximately $8.0 million as of the end of 2023. The company also announced a public offering expected to raise around $4.7 million to support its clinical trials, research, and other corporate needs. The company's leadership, including Interim CEO and CFO Jim Frakes, is committed to advancing the Hemopurifier® and exploring new applications in oncology and infectious diseases.
Partnerships are a crucial aspect of Aethlon’s strategy. The company recently entered into a Materials Transfer Agreement with Santersus AG to explore potential synergies between the Hemopurifier® and Santersus' NucleoCapture devices for the treatment of cancer and organ transplantation. This collaboration aims to enhance the effectiveness of both technologies by combining their capabilities to remove specific harmful agents from the blood.
Overall, Aethlon Medical Inc. is at the forefront of developing groundbreaking medical devices aimed at improving outcomes for patients with severe health conditions, making significant strides in the fields of cancer and infectious diseases.
For more information, visit Aethlon Medical.
Aethlon Medical, Inc. (AEMD) has announced the treatment of its first patient in a first-in-human Early Feasibility Study (EFS) using the HEMOPURIFIER® for patients with recurrent and/or metastatic squamous cell carcinoma of the head and neck at UPMC Hillman Cancer Center, Pittsburgh. The trial aims to assess the safety of the HEMOPURIFIER® and its potential to improve the efficacy of pembrolizumab (KEYTRUDA®) by reducing cancer-associated exosomes. This represents a crucial step in addressing unmet needs in cancer treatment, especially regarding immune suppression caused by tumor-derived exosomes.
Aethlon Medical, Inc. (Nasdaq: AEMD) appointed Dr. Charles J. Fisher, Jr. as CEO effective October 30, 2020, succeeding Dr. Timothy Rodell, who will transition to a consultancy role. Dr. Fisher has significant experience, including leadership roles at Eli Lilly and Abbott Laboratories, and is expected to enhance Aethlon's product development, particularly the Hemopurifier, aimed at treating life-threatening viral infections and cancer. The company is now initiating clinical trials for the Hemopurifier in patients with COVID-19 and advanced cancer.
Aethlon Medical, Inc. (AEMD) reported its financial results for the second quarter ending September 30, 2020. The company has approximately $14.5 million in cash and reported a net loss of about $1.77 million, up from $1.71 million year-over-year. Operating expenses increased by 4.1% to $1.77 million, driven by higher general and administrative costs.
The company is advancing its Hemopurifier device through FDA-approved clinical trials for cancer and COVID-19 treatments. The first trial is open for enrollment in patients with advanced head and neck cancer.
Aethlon Medical, Inc. (AEMD) will release its financial results for Q2 FY2021 on October 28, 2020, at 4:15 PM ET. The results will cover the period ending September 30, 2020. A conference call will follow at 4:30 PM ET, allowing management to discuss the outcomes and recent developments. Interested participants can register online for the conference call or dial in using the toll-free or international numbers provided. Aethlon focuses on unmet health needs, particularly with its Aethlon Hemopurifier®, a device for treating cancer and viral infections.
Aethlon Medical, Inc. (Nasdaq: AEMD), a medical device technology firm, will be presenting at the HC Wainwright 22nd Annual Global Investment Conference on Monday, Sept. 14, 2020, at 2:00 p.m. EDT. The presentation will be led by CEO Timothy C. Rodell and will be available for replay for 90 days post-presentation. Aethlon’s primary focus is the Hemopurifier®, a breakthrough immunotherapeutic device targeting cancer and life-threatening viral infections. The Hemopurifier aims to reduce tumor-derived exosomes that contribute to immune suppression and metastasis.
Aethlon Medical, Inc. (Nasdaq: AEMD) will present at the LD Micro 500 virtual investor conference on September 3, 2020, at 11:40 AM PT. CEO Timothy C. Rodell, MD, will also hold one-on-one meetings with investors throughout the day. The presentation will be accessible live and later as a replay on Aethlon's website. The LD Micro 500 runs from September 1-4, featuring 500 micro-cap companies. Aethlon's Hemopurifier® is a breakthrough device targeting cancer and viral infections, focusing on depleting tumor-derived exosomes.
Aethlon Medical, Inc. (AEMD) announced its financial results for Q1 2020, reporting a net loss of approximately $1.4 million, reduced from $2.1 million in Q1 2019. Operating expenses decreased by 12% to $1.4 million, attributed to lower payroll and professional fees. Aethlon continues developing its Hemopurifier®, now entering clinical trials for advanced cancer and SARS-CoV-2 treatment. The company received a $3.5 million NIH grant to support exosome research. As of June 30, 2020, it reported a cash balance of $15.7 million.
Aethlon Medical, Inc. (AEMD) announced a $3.5 million grant from the NIH's NIDCR for a collaborative study on head and neck cancer with the UPMC Hillman Cancer Center. This project will investigate the role of tumor-derived exosomes and assess the impact of Aethlon's Hemopurifier device in enhancing immune therapy responses. Led by Drs. Theresa Whiteside and Annette Marleau, the five-year study aims to improve treatment outcomes for patients suffering from recurrent and metastatic head and neck cancer.
Aethlon Medical, Inc. (AEMD) announced it will release its financial results for Q1 FY2021 on August 11, 2020, at 4:15 PM Eastern Time. This is for the quarter ending June 30, 2020. A conference call will follow at 4:30 PM Eastern Time, where management will discuss the results and recent developments. The call will include a Q&A session. The Aethlon Hemopurifier, a Breakthrough Device for cancer and viral infections, continues to progress in addressing critical health needs.
Aethlon Medical, Inc. (AEMD) reported its financial results for the fiscal year ending March 31, 2020. The company generated government contract revenue of $650,187, up from $229,625 in the prior year. Operating expenses rose by 6% to approximately $6.58 million. The net loss increased to around $6.38 million, compared to $6.22 million in the previous year. Aethlon continues developing its Hemopurifier device, aiming to initiate clinical trials for advanced cancers and recently received FDA approval to treat COVID-19 patients. As of March 31, 2020, the company had a cash balance of about $9.6 million.
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