Humanigen’s Budget Impact Model Demonstrates Lenzilumab’s Potential Positive Economic Value in Hospitalized COVID-19 Patients
Humanigen, Inc. (NASDAQ: HGEN) announces the availability of a manuscript detailing a budget impact model for lenzilumab treatment in COVID-19 hospitalized patients. Evidence indicates lenzilumab offers significant clinical and economic benefits, particularly among specific patient groups. The average cost for ICU care of a COVID-19 patient can exceed $100,000, making effective treatment options crucial. Lenzilumab is not yet authorized or approved globally and is under evaluation for various conditions, including acute Graft versus Host Disease and eosinophilic asthma.
- Potential clinical benefits of lenzilumab for hospitalized COVID-19 patients.
- Economic benefits highlighted in specific patient populations.
- Potential to reduce significant healthcare costs exceeding $100,000 per ICU COVID-19 patient.
- Lenzilumab is still not authorized or approved in any country.
- Development and regulatory uncertainties persist.
- Overall analysis demonstrates treatment with lenzilumab may result in both clinical and economic benefits in the majority of hospitalized patients
- Potential clinical and economic benefits are greater in certain patient populations
The cost to care for a COVID-19 patient in the ICU can significantly exceed
About
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," “may,” "expect," "intend," "plan," "potential," "possible," "goals," "accelerate," "continue," and similar expressions identify forward-looking statements, including, without limitation, statements regarding potential clinical and economic benefits resulting from treatment with lenzilumab; our plans relating to further development of lenzilumab for indications other than COVID-19.
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 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 of our latest annual and quarterly reports and other filings with the
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.
References
-
Di Fusco, M., Shea, K. M., Lin, J., Nguyen, J. L., Angulo, F. J., Benigno, M., Malhotra, D., Emir, B., Sung, A. H., Hammond, J. L., Stoychev, S., & Charos, A. (2021). Health Outcomes and economic burden of hospitalized COVID-19 patients in
the United States .Journal of Medical Economics , 24(1), 308–317. https://doi.org/10.1080/13696998.2021.1886109
View source version on businesswire.com: https://www.businesswire.com/news/home/20211011005596/en/
Humanigen Investor Relations
trbo@humanigen.com
650-410-3206
Source:
FAQ
What are the clinical benefits of lenzilumab for COVID-19 patients?
What is the average cost of ICU care for COVID-19 patients?
What is the current status of lenzilumab's approval?
What are the future applications of lenzilumab?