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Humanigen Announces Publication of Results From Phase 3 Randomized Double-Blind Placebo-Controlled Study Demonstrating the Efficacy and Safety of Lenzilumab™ in Hospitalized COVID-19 Patients

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Humanigen, Inc. (Nasdaq: HGEN) announced the online publication of results from its Phase 3 study, LIVE-AIR, evaluating lenzilumab in hospitalized COVID-19 patients. This study supports lenzilumab's potential to treat cytokine storm, a severe immune response. Humanigen plans to initiate a Phase 2 study assessing lenzilumab's efficacy alongside CD19 CAR-T therapies for diffuse large B-cell lymphoma. The company is also advancing gene-edited CAR-T therapies and examining GM-CSF neutralization technologies to enhance treatment efficacy while controlling toxicity.

Positive
  • Publication of Phase 3 study results for lenzilumab in COVID-19 patients supports therapeutic potential.
  • Plans to initiate a Phase 2 study for lenzilumab combined with CD19 CAR-T therapies may enhance product pipeline.
Negative
  • None.

Humanigen, Inc. (Nasdaq: HGEN) (“Humanigen”), a clinical-stage biopharmaceutical company focused on preventing and treating an immune hyper-response called ‘cytokine storm’ with its lead drug candidate, lenzilumab, announced that results from the lenzilumab Phase 3 study in hospitalized COVID-19 patients (referred to as ‘LIVE-AIR’) were published online at link.

About Humanigen, Inc.

Humanigen, Inc. is developing its portfolio of clinical and pre-clinical therapies for the treatment of cancers and infectious diseases via its novel, cutting-edge GM-CSF neutralization and gene-knockout platforms. Humanigen’s immediate focus is on the development of lenzilumab as a therapy for hospitalized hypoxic COVID-19 patients. Humanigen recently announced plans to initiate a randomized, multicenter, potentially registrational, Phase 2 study to evaluate the efficacy and safety of lenzilumab combined with all commercially available CD19 CAR-T therapies in diffuse large B-cell lymphoma.

Humanigen is also focused on creating next-generation combinatory gene-edited CAR-T therapies using strategies to improve efficacy while employing GM-CSF gene knockout technologies to control toxicity. In addition, Humanigen is developing its own portfolio of proprietary first-in-class EphA3-CAR-T for various solid cancers and EMR1-CAR-T for various eosinophilic disorders. Humanigen is also exploring the effectiveness of its GM-CSF neutralization technologies (either through the use of lenzilumab as a neutralizing antibody or through GM-CSF gene knockout) in combination with other CAR-T, bispecific or natural killer (NK) T cell engaging immunotherapy treatments to break the efficacy/toxicity linkage, including to prevent and/or treat graft-versus-host disease (GvHD) in patients undergoing allogeneic hematopoietic stem cell transplantation (HSCT). For more information, visit www.humanigen.com and follow Humanigen on LinkedIn, Twitter and Facebook.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are forward-looking statements. Forward-looking statements reflect management's current knowledge, assumptions, judgment, and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct, and you should be aware that actual events or results may differ materially from those contained in the forward-looking statements. Words such as "will," "expect," "intend," "plan," "potential," "possible," "goals," "accelerate," "continue," and similar expressions identify forward-looking statements, including, without limitation, statements regarding Humanigen’s beliefs relating to the technologies in Humanigen’s current pipeline.

Forward-looking statements are subject to a number of risks and uncertainties including, but not limited to, the risks inherent in our lack of profitability and potential need for additional capital to grow our business; our dependence on partners to further the development of our product candidates; the uncertainties inherent in the development, attainment of the requisite regulatory authorizations and approvals and launch of any new pharmaceutical product; the outcome of pending or future litigation; and the various risks and uncertainties described in the "Risk Factors" sections and elsewhere in Humanigen's periodic and other filings with the Securities and Exchange Commission.

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You should not rely upon any forward-looking statements as predictions of future events. We undertake no obligation to revise or update any forward-looking statements made in this presentation to reflect events or circumstances after the date hereof, to reflect new information or the occurrence of unanticipated events, to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, in each case, except as required by law.

FAQ

What were the results of Humanigen's lenzilumab Phase 3 study published online?

The Phase 3 study, LIVE-AIR, published results indicating the potential of lenzilumab in treating cytokine storm in hospitalized COVID-19 patients.

What is the next step for Humanigen regarding lenzilumab after the Phase 3 study?

Humanigen plans to initiate a randomized, multicenter, potentially registrational, Phase 2 study to evaluate lenzilumab's efficacy combined with CD19 CAR-T therapies.

How does lenzilumab work in treating COVID-19 patients?

Lenzilumab aims to prevent and treat cytokine storms, a severe immune reaction that can occur in COVID-19 patients.

What other therapies is Humanigen developing besides lenzilumab?

In addition to lenzilumab, Humanigen is working on next-generation CAR-T therapies and GM-CSF neutralization technologies for various cancers and disorders.

Humanigen, Inc.

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