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Immix Biopharma Announces 95% Complete Response Rate in Interim Update From relapsed/refractory AL Amyloidosis Clinical Trial NEXICART-2

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Positive)

Immix Biopharma (IMMX) reported an interim update from its relapsed/refractory AL Amyloidosis trial NEXICART-2.

The NXC-201 therapy shows a 95% complete response (CR) rate (19/20 patients), with all CRs achieved within 1 year, no relapses among CR patients to date, and all later patients with available data MRD-negative at one month. A multi-center randomized Phase 3 in newly diagnosed patients is planned, with the next NEXICART-2 update expected in late September 2026 and 1-year follow-up data targeted by end of March 2027.

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AI-generated analysis. Not financial advice.

Positive

  • NEXICART-2 complete response rate 95% (19 of 20 patients)
  • All complete responses achieved within 1 year of follow-up post-dosing
  • No relapses observed so far among patients who reached complete response
  • All later patients with available data are MRD-negative at one month
  • Data support plan for multi-center randomized Phase 3 trial in newly diagnosed AL Amyloidosis
  • Company expects 1-year follow-up data by March 2027 to support BLA submission and launch

Negative

  • None.

News Market Reaction – IMMX

-3.02% 4.5x vol
28 alerts
-3.02% News Effect
+6.5% Peak Tracked
-17.7% Trough Tracked
-$15M Valuation Impact
$486.44M Market Cap
4.5x Rel. Volume

On the day this news was published, IMMX declined 3.02%, reflecting a moderate negative market reaction. Argus tracked a peak move of +6.5% during that session. Argus tracked a trough of -17.7% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $15M from the company's valuation, bringing the market cap to $486.44M at that time. Trading volume was very high at 4.5x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Initial patients: 20 patients Complete response rate: 95% (19/20 patients) MRD-negative conversions: 4 MRD-negative patients to CR +5 more
8 metrics
Initial patients 20 patients First cohort in NEXICART-2 interim update
Complete response rate 95% (19/20 patients) NEXICART-2 interim CR rate in relapsed/refractory AL amyloidosis
MRD-negative conversions 4 MRD-negative patients to CR All four MRD-negative patients converted to complete response
CR follow-up duration within 1 year All complete responses reached within 1 year post-dosing
Median prior therapies 4 prior lines Heavily pretreated relapsed/refractory AL amyloidosis population
Therapy line 5th line therapy NXC-201 used as fifth-line in NEXICART-2 trial
Next data update Late September 2026 Planned next NEXICART-2 clinical update timing
1-year follow-up data End of March 2027 Expected timing for 1-year follow-up data to support BLA

Market Reality Check

Price: $7.87 Vol: Volume 643,486 is slightl...
normal vol
$7.87 Last Close
Volume Volume 643,486 is slightly below 20-day average of 707,930 (relative volume 0.91x). normal
Technical Price 8.94 is trading above 200-day MA of 5.67 and 23% below the 52-week high.

Peers on Argus

IMMX gained 0.9% while peers were mixed: ACET +7.03%, BYSI +11.2%, OSTX +2.23%, ...

IMMX gained 0.9% while peers were mixed: ACET +7.03%, BYSI +11.2%, OSTX +2.23%, IGMS -2.31%, NRXP -1.66%. Moves appear stock-specific, not a broad sector rotation.

Previous Clinical trial Reports

5 past events · Latest: Dec 07 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 07 ASH 2025 Phase 2 data Positive +10.6% Reported 75% CR rate with potential rise to 95% and strong safety profile.
Nov 03 ASH oral selection Positive -4.2% NEXICART-2 interim results selected for ASH 2025 oral presentation.
Sep 18 Enrollment milestone Positive +6.6% Surpassed 50% enrollment in NEXICART-2, advancing toward first cell therapy BLA.
Jul 07 Trial acceleration Positive +2.8% Reported accelerated NEXICART-2 progress and expansion to 18 trial sites.
Jun 03 Primary endpoint met Positive -18.9% Announced primary endpoint met with 70% CR rate and strong safety at ASCO.
Pattern Detected

Clinical updates often led to strong but inconsistent reactions, with both sharp gains and notable selloffs on positive data.

Recent Company History

Over the past year, IMMX has repeatedly highlighted progress in its NEXICART‑2 trial for NXC‑201 in relapsed/refractory AL amyloidosis. Clinical updates from Jun 03, 2025 through the ASH 2025 oral data on Dec 07, 2025 showed rising complete response rates, strong safety, and growing investigator interest. Price reactions ranged from a -18.85% drop on primary endpoint success to a 10.61% gain on ASH efficacy data, underscoring volatile, sometimes contrarian trading around similar clinical catalysts.

Historical Comparison

-0.6% avg move · In the past year, IMMX released 5 NEXICART‑2 clinical updates with an average move of -0.61%, showin...
clinical trial
-0.6%
Average Historical Move clinical trial

In the past year, IMMX released 5 NEXICART‑2 clinical updates with an average move of -0.61%, showing that even strong data often produced uneven trading responses.

Clinical updates show progression from early interim NEXICART‑2 data to ASCO and ASH 2025 results with rising CR rates and expanding trial scale, supporting the move toward registrational studies.

Regulatory & Risk Context

Active S-3 Shelf · $750,000,000
Shelf Active
Active S-3 Shelf Registration 2026-01-09
$750,000,000 registered capacity

An effective Form S-3 shelf filed on Jan 09, 2026 allows Immix to issue up to $750,000,000 in various securities over time, with one recorded usage via a 424B5 prospectus. This structure gives the company significant flexibility to raise capital as NXC‑201 advances.

Market Pulse Summary

This announcement highlights a very high 95% complete response rate in 20 relapsed/refractory AL amy...
Analysis

This announcement highlights a very high 95% complete response rate in 20 relapsed/refractory AL amyloidosis patients, with all CRs achieved within 1 year and no relapses reported to date. It extends a sequence of NEXICART‑2 updates that have previously driven volatile price moves. Investors may watch for the late September 2026 update, planned Phase 3 initiation, and the end‑March 2027 one‑year follow‑up data that management expects to support a BLA submission.

Key Terms

mrd-negative, complete response (cr), al amyloidosis, phase 3 trial, +4 more
8 terms
mrd-negative medical
"all four MRD-negative patients have converted to complete response (CR)"
MRD-negative describes a test result showing no detectable leftover cancer cells after treatment using very sensitive laboratory methods; it means the disease is below the test’s limit of detection. For investors, an MRD-negative result is a strong signal that a therapy is working and the patient’s relapse risk is lower, which can improve prospects for regulatory approval, wider use, and long-term commercial value — like finding no footprints after clearing a garden of weeds.
complete response (cr) medical
"have converted to complete response (CR) – – CR rate now 95%"
A complete response (CR) is when a company or individual fully satisfies a specific requirement or condition, indicating that the issue or task has been resolved completely. For investors, it signals that a problem has been fully addressed, which can influence decisions about trust, future actions, or the company's overall status. Think of it as a full "checkmark" showing everything has been successfully handled.
al amyloidosis medical
"a global leader in AL Amyloidosis, today announced that all four"
AL amyloidosis is a rare disease where abnormal protein fragments produced by certain blood cells clump into waxy deposits that build up in organs like the heart, kidneys and liver, disrupting their function. For investors, it matters because the condition creates a clear medical need that can drive demand for diagnostic tests, treatments and related clinical trial data, which can significantly affect a healthcare company’s prospects and valuation.
phase 3 trial medical
"plan to initiate a multi-center, randomized Phase 3 trial in newly"
A Phase 3 trial is a large, late-stage test of a new drug or medical treatment done on many people to make sure it really works and is safe. For investors, it matters because a successful Phase 3 usually means the company can ask regulators to sell the product and could earn lots of money, while failure can sharply reduce the company’s value.
bla submission regulatory
"1-year follow-up data of enrolled patients, which we expect will drive BLA submission"
A BLA submission is a company’s formal application to the U.S. Food and Drug Administration asking for permission to market a biologic drug or therapy. Think of it like applying for a permit to sell a complex medical product: the agency reviews safety, effectiveness, and manufacturing quality before deciding. For investors, a BLA filing signals a late-stage regulatory milestone that can reduce uncertainty and, if approved, unlock revenue and change a company’s valuation, while also carrying regulatory and timing risk.
frontline therapy medical
"As a potential frontline therapy in AL Amyloidosis, we believe there’s potential"
Frontline therapy is the initial treatment given to patients for a disease, chosen because it is expected to work best and be safest based on current evidence. For investors, whether a drug becomes the preferred frontline option matters because it determines the largest, earliest pool of users and steady revenue potential—similar to being the main tool everyone reaches for first in a toolbox.
organ failure medical
"toxic light chains that clog up the heart, kidney and liver, causing organ failure"
Organ failure is when an important body part, like the heart, lungs, liver, or kidneys, stops doing its essential job and can no longer keep the body healthy. For investors, it matters because organ failure drives demand for medical treatments, affects patient outcomes used in drug and device testing, and can influence costs, liability and regulatory decisions—think of it like a key engine breaking down that reshapes repair and replacement markets.
multi-center, randomized medical
"plan to initiate a multi-center, randomized Phase 3 trial in newly"
A multi-center, randomized study is a clinical trial run at multiple hospitals or clinics where participants are assigned to different treatment groups by chance rather than choice. Because it spreads testing across diverse locations and uses random assignment—like flipping a coin to decide who gets which option—the result is more reliable and less biased, giving investors greater confidence in whether a treatment truly works and can succeed broadly in the market.

AI-generated analysis. Not financial advice.

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–    Of first 20 patients, all four MRD-negative patients have converted to complete response (CR)  –

–   CR rate now 95% (19 of 20 patients)   –

–    All CRs reached within 1 year of follow-up post-dosing    –

–    No relapses to-date observed for patients who have reached CR    –

–    All subsequently enrolled patients for whom MRD results are available are MRD-negative at one month    –

–    Next NEXICART-2 Update Expected Late September, 2026    –

LOS ANGELES, May 21, 2026 (GLOBE NEWSWIRE) -- Immix Biopharma, Inc. (“ImmixBio”, “Company”, “We” or “Us” or ”IMMX”), a global leader in AL Amyloidosis, today announced that all four relapsed/refractory AL Amyloidosis MRD-negative patients presented at ASH 2025 have converted to complete response (CR). The NEXICART-2 CR rate is now 95% (19 out of 20 patients).  All CRs were reached within 1 year of follow-up post-dosing.  No relapses have been observed as of today for patients who have reached CR.  All subsequently enrolled patients for whom MRD results are available are MRD-negative at one month.  The next NEXICART-2 update is expected late September 2026.

These results support the Company’s plan to initiate a multi-center, randomized Phase 3 trial in newly diagnosed AL Amyloidosis patients.

“Even in a heavily pretreated population of median 4 prior lines of therapy, we are pleased that NXC-201, as a 5th line of therapy, drives MRD-negativity, converting to durable CRs to-date, indicating that NXC-201 can eliminate the source of toxic light chains that clog up the heart, kidney and liver, causing organ failure and death in relapsed/refractory AL Amyloidosis. As a potential frontline therapy in AL Amyloidosis, we believe there’s potential to transform a usual 2-year treatment, into a one-and-done: NXC-201.”  Gabriel Morris, President, Chief Financial Officer of Immix Biopharma, added, “We have observed the NEXICART-2 CR rate improving over time.  In September 2026 we plan to present updated data from our ongoing NEXICART-2 trial. By end of March 2027, we expect to present 1-year follow-up data of enrolled patients, which we expect will drive BLA submission and commercial launch.”

About NEXICART-2
NEXICART-2 (NCT06097832) is a multi-site U.S. Phase 2 clinical trial of sterically-optimized CAR-T NXC-201 in relapsed/refractory AL Amyloidosis, with a registrational design. NEXICART-2 is a 45-patient study.

About AL Amyloidosis
AL amyloidosis is a devastating disease where the immune system, that’s supposed to protect, instead continuously produces toxic light chains, clogging up the heart, kidney and liver, causing organ failure and death.

The number of patients in the U.S. with relapsed/refractory AL Amyloidosis is estimated to be growing at 12% per year according to Staron, et al Blood Cancer Journal, to approximately 38,500 patients in 2026.

The Amyloidosis market was $3.6 billion in 2017, and is expected to reach $6 billion in 2025, according to Grand View Research as of 2023.

About NXC-201
NXC-201 is a sterically-optimized BCMA-targeted chimeric antigen receptor T (CAR-T) cell therapy with a “digital filter” that is designed to filter out non-specific activation. NXC-201 teaches the immune system to recognize and eliminate the source of the toxic light chains. NXC-201 has been awarded Breakthrough Therapy Designation (BTD) and Regenerative Medicine Advanced Therapy (RMAT) by the FDA, and Orphan Drug Designation (ODD) by the US FDA and in the EU by the EMA.

About Immix Biopharma, Inc.
Immix Biopharma, Inc. (ImmixBio) (Nasdaq: IMMX) is a global leader in AL Amyloidosis. AL Amyloidosis is a devastating disease where the immune system, that’s supposed to protect, instead produces toxic light chains, clogging up the heart, kidney and liver, causing organ failure and death. Our lead candidate is sterically-optimized BCMA-targeted chimeric antigen receptor T (CAR-T) cell therapy NXC-201 with a “digital filter” that is designed to filter out non-specific activation. NXC-201 teaches the immune system to recognize and eliminate the source of the toxic light chains.  NXC-201 is being evaluated in the U.S. multi-center study for relapsed/refractory AL Amyloidosis NEXICART-2 (NCT06097832), with a potentially registrational design.  NXC-201 has been awarded Breakthrough Therapy Designation (BTD) and Regenerative Medicine Advanced Therapy (RMAT) by the US FDA and Orphan Drug Designation (ODD) by FDA and in the EU by the EMA.

Forward Looking Statements
This press release contains forward-looking statements regarding Immix Biopharma, Inc., its results of operations, prospects, future business plans and operations and the matters discussed above, including, but not limited to, statements relating to upcoming NEXICART-2 results and our expectations surrounding the durability of clinical response, timing and expectations relating to our planned BLA submission and  commercial launch thereafter, if approved; the size of the AL Amyloidosis market; the potential benefits of our product candidate CAR-T NXC-201 and the timing and results related to clinical trials. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Forward-looking statements also include, but are not limited to, our plans, objectives, expectations and intentions and other statements that contain words such as “expects”, “contemplates”, “anticipates”, “plans”, “intends”, “believes”, “estimates”, “potential”, and variations of such words or similar expressions that convey the uncertainty of future events or outcomes, or that do not relate to historical matters. Those forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially. Among those factors are: (i) the risk that the estimates for the number of patients in the U.S. with relapsed/refractory AL Amyloidosis and the market size reaching not being accurate; (ii) the risk that Breakthrough Therapy designation will not expedite the development of NXC-201; (iii) the risk that further data from the ongoing Phase 1/2 clinical trials for CAR-T NXC-201 will not be favorably consistent with the data readouts to date; (iv) the risk that the Company may not be able to continue the NEXICART-2 multi-site U.S. Phase 1/2 clinical trial; (v) the risk that the Company may not be able to advance to registration-enabling studies for CAR-T NXC-201 or other product candidates; (vi) that success in early phases of pre-clinical and clinicals trials do not ensure data from such clinical trials, or subsequent clinical trials will be successful; (vii) that no drug product developed by the Company has received FDA pre-market approval or otherwise been incorporated into a commercial drug product; (viii) the risk that the Company may not be able to obtain additional working capital with which to continue the clinical trials for CAR-T NXC-201, or advance to the initiation of registration-enabling studies, for such product candidates as and when needed and (ix) those other risks disclosed in the section “Risk Factors” included in the Company’s Annual Report on Form 10-K filed with the SEC on March 25, 2026, and other periodic or current reports subsequently filed with the Securities and Exchange Commission. These reports are available at www.sec.gov. Immix Biopharma cautions that the foregoing list of important factors is not complete. Immix Biopharma cautions readers not to place undue reliance on any forward-looking statements. Immix Biopharma does not undertake, and specifically disclaims, any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contacts
Mike Moyer
LifeSci Advisors
mmoyer@lifesciadvisors.com

Company Contact
irteam@immixbio.com


FAQ

What complete response rate did Immix Biopharma (IMMX) report in the NEXICART-2 AL Amyloidosis trial?

Immix Biopharma reported a 95% complete response (CR) rate, with 19 of 20 patients achieving CR. According to Immix Biopharma, all CRs occurred within one year of follow-up after NXC-201 dosing in relapsed/refractory AL Amyloidosis.

Have any patients relapsed after reaching complete response in Immix Biopharma's NEXICART-2 trial (IMMX)?

No relapses have been observed to date among patients who reached complete response in NEXICART-2. According to Immix Biopharma, all CRs were achieved within one year of follow-up, and these responses have remained ongoing so far.

What are the latest MRD-negativity results from Immix Biopharma's NEXICART-2 trial of NXC-201?

All subsequently enrolled NEXICART-2 patients with available MRD data are MRD-negative at one month. According to Immix Biopharma, earlier MRD-negative patients presented at ASH 2025 have now all converted to complete response on NXC-201.

When is the next clinical data update from Immix Biopharma's NEXICART-2 trial expected?

The next NEXICART-2 update is expected in late September 2026. According to Immix Biopharma, additional 1-year follow-up data for enrolled patients are targeted by the end of March 2027 to further characterize NXC-201 outcomes.

Is Immix Biopharma planning a Phase 3 trial for NXC-201 in AL Amyloidosis?

Yes, the company plans a multi-center, randomized Phase 3 trial in newly diagnosed AL Amyloidosis. According to Immix Biopharma, current NEXICART-2 results support advancing NXC-201 from heavily pretreated patients into a potential frontline study setting.

How could NXC-201 impact future treatment duration for AL Amyloidosis according to Immix Biopharma?

Immix Biopharma believes NXC-201 may shift typical two-year treatment courses toward a one-and-done approach. According to the company, observed MRD-negativity converting to durable complete responses suggests NXC-201 might eliminate toxic light chain sources driving organ damage.

What regulatory timeline does Immix Biopharma expect for NXC-201 based on NEXICART-2 data?

Immix Biopharma expects 1-year follow-up data by end of March 2027 to support a BLA submission. According to the company, this dataset could underpin a potential commercial launch of NXC-201 for AL Amyloidosis, subject to regulatory review.