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Hemispherx Reports Six Months Ended June 30, 2018 Financial Results and Provides Business Update | ||
By: Nasdaq / GlobeNewswire - 15 Aug 2018 | Back to overview list |
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OCALA, Fla., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Hemispherx Biopharma, Inc. (NYSE American:HEB), an immuno-pharma R&D and emerging commercial growth company focused on unmet medical needs in immunology, has announced its financial results for the six months ended June 30, 2018. The Company has made great progress pursuing Ampligen in combination therapeutic treatments in immuno-oncology. Significant synergistic anti-tumor activity and/or increased median survival has been observed when Ampligen was added to other anti-cancer agents in three pre-clinical studies. As a result, the Company is now working with several top U.S. cancer research centers to initiate Phase 1 and Phase 2 clinical trials combining Ampligen with FDA-approved checkpoint blockade therapies in a variety of solid tumors. Hemispherx continues to clarify the regulatory pathway for approval of Ampligen to treat CFS in the United States. It expanded its production capabilities in order to provide a reliable supply of Ampligen for all of its clinical and expanded access programs in the U.S., Canada, Europe and commercial program in Argentina. With the ability to produce Ampligen in sizable commercial lots, the Company is laying the foundation for significant revenue growth, as it sees ongoing scientific and medical validation of Ampligen's potential to fill large unmet medical needs in Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (ME/CFS) and a variety of immune-modulated illnesses. Six Months Ended June 30, 2018 Financial Highlights Ampligen Moving Towards Commercialization The second commercial-sized lot of Ampligen is currently undergoing release testing and is intended to be available to supply initial demand for Ampligen’s anticipated commercial launch in Argentina, where it is approved for the treatment of severe CFS. The Argentine commercial approval is the first-ever approval of a drug for severe CFS. About Hemispherx Biopharma Cautionary Statement Contact |
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