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XBIO
NASDAQ Life Sciences

Xenetic Partner Gets Israeli Approval for Exploratory CAR T-Cell Lymphoma Study

Reported by ACCESS Newswire
Sentiment info
Positive
Importance info
7
Price
$3.1
Mkt Cap
$7.652M
52W Low
$1.9
52W High
$13.93
Market data snapshot near publication time

Summary

Xenetic Biosciences' collaboration partner, PeriNess Ltd., received approval from the Israeli Ministry of Health to initiate an exploratory clinical study. The study will evaluate DNase I in combination with anti-CD19 CAR T cells for large B-cell lymphoma patients. This follows the company's presentation of compelling preclinical data for its DNase I technology at ASCO 2026 on June 1st. For a micro-cap biotech, this approval marks a significant step, moving their technology from preclinical studies into human clinical trials and providing early clinical validation.

At the time of this announcement, XBIO was trading at $3.10 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $7.7M. The 52-week trading range was $1.90 to $13.93. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.


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