Humanigen Announces Revised Time for Presentation at Jefferies London Healthcare Conference

Rhea-AI Summary

Humanigen, Inc. (Nasdaq: HGEN) announced that its presentation at the Jefferies London Healthcare Conference is rescheduled to 9:20am EST on November 17, 2021. Timothy Morris, COO and CFO, will present, and a livestream will be accessible via the provided link. The company is focused on treating 'cytokine storm' with its lead candidate, lenzilumab, currently under review for potential Conditional Marketing Authorization in the UK. Humanigen aims to explore lenzilumab's efficacy for various inflammatory conditions.

Positive

• Presentation at the Jefferies London Healthcare Conference may enhance visibility and investor interest.
• Submission of lenzilumab for Conditional Marketing Authorization could lead to potential revenue streams.
• Lenzilumab has shown promise in early studies for COVID-19 treatment, which can attract further investment.

Negative

• The company remains unprofitable and reliant on external capital for operations.
• Dependence on regulatory approvals poses risks for lenzilumab's market entry.

BURLINGAME, Calif.--(BUSINESS WIRE)-- Humanigen, Inc. (Nasdaq: HGEN) (“Humanigen”), a clinical-stage biopharmaceutical company focused on preventing and treating an immune hyper-response called ‘cytokine storm,’ announced that its presentation time at the Jefferies London Healthcare Conference has been changed.

Jefferies London Healthcare Conference

Timothy Morris, COO and CFO, will now make a corporate presentation at 9:20am EST on November 17, 2021. A livestream will be accessible via the link below and a webcast link to a recording of the event will be posted to the “Events and Presentations” section of Humanigen’s investor relations website after the event.

Webcast: https://wsw.com/webcast/jeff201/hgen/1823004
The webcast will be available for 90 days under the Investor Relations section of the company’s website at www.ir.humanigen.com

About Humanigen, Inc.

Humanigen, Inc. (Nasdaq: HGEN) (Humanigen), is a clinical-stage biopharmaceutical company focused on preventing and treating an immune hyper-response called ‛cytokine storm’. Lenzilumab is a first-in class antibody that binds to and neutralizes granulocyte-macrophage colony-stimulating factor (GM-CSF). Results from preclinical models indicate GM-CSF is an upstream regulator of many inflammatory cytokines and chemokines involved in the cytokine storm. Early in the COVID-19 pandemic, investigation showed high levels of GM-CSF secreting T cells were associated with disease severity and intensive care unit admission. Humanigen’s Phase 3 LIVE-AIR study suggests early intervention with lenzilumab may prevent cytokine storm in hospitalized patients with COVID-19. Humanigen has submitted lenzilumab to Medicines and Health Regulatory Agency in the United Kingdom for a rolling review towards potential Conditional Marketing Authorization. Humanigen is developing lenzilumab as a treatment for cytokine storm associated with COVID-19 and CD19-targeted CAR-T cell therapies and is also exploring the effectiveness of lenzilumab in other inflammatory conditions such as acute Graft versus Host Disease in patients undergoing allogeneic hematopoietic stem cell transplantation, eosinophilic asthma, and rheumatoid arthritis. 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 as to the potential benefits of lenzilumab as a treatment for hospitalized COVID-19 patients; its efforts to request and receive Conditional Marketing Authorization for lenzilumab in COVID-19 in the UK and other territories; its beliefs and projections regarding the need for lenzilumab as a therapeutic if authorized or approved; and its other plans to initiate or participate in planned clinical trials and otherwise explore the effectiveness of lenzilumab and other candidates in its development portfolio as therapies for other inflammation and immune-oncology indications.

Forward-looking statements are subject to a number of risks and uncertainties including, but not limited to, the risks inherent in the company’s lack of profitability and need for additional capital to conduct its business; its dependence on partners to further the development of its product candidates; the uncertainties inherent in the development, attainment of the requisite regulatory authorizations and approvals and launch of any new pharmaceutical product; challenges associated with manufacturing and commercializing a biologic such as lenzilumab; 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. The Company undertakes no obligation to revise or update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211116005802/en/

Humanigen Investor Relations

Ken Trbovich

Humanigen

trbo@humanigen.com

650-410-3206

Source: Humanigen, Inc.

FAQ

What is the new presentation time for Humanigen at the Jefferies London Healthcare Conference?

Humanigen's presentation is now scheduled for 9:20am EST on November 17, 2021.

Where can I watch the Humanigen presentation?

The presentation will be livestreamed and a recording will be available on Humanigen's Investor Relations website.

What therapeutics is Humanigen developing?

Humanigen is developing lenzilumab to treat cytokine storm associated with COVID-19 and other inflammatory conditions.

What is the status of lenzilumab's regulatory review?

Lenzilumab is under review for Conditional Marketing Authorization in the UK.