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Humacyte, Inc. - HUMA STOCK NEWS

Welcome to our dedicated page for Humacyte news (Ticker: HUMA), a resource for investors and traders seeking the latest updates and insights on Humacyte stock.

Humacyte, Inc. (Nasdaq: HUMA) is a pioneering biotechnology company focused on developing a disruptive platform that offers universally implantable bioengineered human tissues and organs. These advanced tissue constructs are designed to enhance patient outcomes and revolutionize the field of medicine. The company’s flagship product, the Human Acellular Vessel (HAV), is an investigational bioengineered tissue aiming to address a variety of severe medical conditions, ranging from vascular trauma repair to chronic conditions such as peripheral artery disease (PAD).

Humacyte has made significant strides in its core business, showcasing recent achievements such as the submission of a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for the HAV. This submission, supported by positive results from both Phase 2/3 clinical trials and humanitarian efforts in Ukraine, brings the company closer to its goal of commercializing HAV for urgent arterial repair. The company's efforts have demonstrated higher patency rates and lower infection and amputation rates compared to synthetic graft benchmarks.

Financially, Humacyte has shown resilience and strategic planning. The company is preparing for a potential Priority Review by the FDA, which could expedite the HAV's market release. In addition, Humacyte has established a solid foundation by securing partnerships and achieving regulatory designations, such as the FDA's Regenerative Medicine Advanced Therapy (RMAT) and Fast Track designations.

Humacyte's pipeline extends beyond vascular trauma repair. The company is also exploring applications of HAV in arteriovenous (AV) access for hemodialysis, coronary artery bypass grafts, and pediatric heart surgery. Preclinical success in these areas suggests a broad potential for the HAV across various medical conditions.

For more detailed information and the latest updates, visit www.Humacyte.com.

Rhea-AI Summary
Humacyte completes enrollment in Phase 2/3 trial of HAV in vascular trauma repair, with top-line results expected in Q3 2023. Enrollment in Phase 3 trial of HAV in hemodialysis access also completed. Results from humanitarian program in Ukraine show high success rates. Preclinical study demonstrates HAV's infection resistance. Collaboration with JDRF to advance development of Biovascular Pancreas for type 1 diabetes. Cash and cash equivalents at $114.6 million as of June 30, 2023.
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Humacyte, Inc. (Nasdaq: HUMA) will present at the Jefferies Healthcare Conference on June 9, 2023. Laura Niklason, M.D., Ph.D., Founder, President, and CEO, and Dale Sander, CFO, will be speaking and available for one-on-one meetings.
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FAQ

What is the current stock price of Humacyte (HUMA)?

The current stock price of Humacyte (HUMA) is $5.07 as of November 4, 2024.

What is the market cap of Humacyte (HUMA)?

The market cap of Humacyte (HUMA) is approximately 665.5M.

What is the primary focus of Humacyte, Inc.?

Humacyte, Inc. focuses on developing universally implantable bioengineered human tissues and organs designed to improve patient outcomes and transform medical practices.

What is the Human Acellular Vessel (HAV)?

The HAV is a bioengineered tissue developed by Humacyte for vascular trauma repair and other medical applications. It is designed to be infection-resistant, universally implantable, and ready off-the-shelf.

What recent achievements has Humacyte accomplished?

Humacyte has submitted a BLA to the FDA for the HAV, supported by positive clinical trial results and humanitarian efforts in Ukraine. The company is also preparing for a potential Priority Review by the FDA.

What makes the HAV different from synthetic grafts?

Clinical trials have shown that the HAV has higher patency rates, and lower rates of amputation and infection compared to historic synthetic graft benchmarks.

What regulatory designations has the HAV received?

The HAV has received the FDA's Regenerative Medicine Advanced Therapy (RMAT) designation and Fast Track designation. It has also been prioritized for treatment of vascular trauma by the U.S. Secretary of Defense.

What are some of the potential applications of the HAV?

Besides vascular trauma repair, the HAV is being studied for applications in AV access for hemodialysis, coronary artery bypass grafts, and pediatric heart surgery.

How does Humacyte plan to commercialize the HAV?

Humacyte is preparing for the potential FDA approval of the HAV by establishing its commercial infrastructure and seeking to expedite the product's market launch.

Where can I find more information about Humacyte?

You can visit Humacyte’s official website at www.Humacyte.com for detailed information and the latest updates.

How is the HAV manufactured?

The HAV is manufactured at a commercial scale in Humacyte’s existing facilities, which are capable of producing thousands of vessels for treating patients in need.

What are the financial prospects of Humacyte, Inc.?

Humacyte's financial prospects are bolstered by strategic partnerships, regulatory achievements, and a robust product pipeline, positioning the company for significant growth upon FDA approval of the HAV.

Humacyte, Inc.

Nasdaq:HUMA

HUMA Rankings

HUMA Stock Data

665.47M
125.21M
27.91%
25.6%
13.31%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
DURHAM