HUMA - What's Going On With Huamacyte Shares Tuesday? | Benzinga
Humacyte, Inc. (NASDAQ:HUMA) stock is trending on Tuesday. In July, the company has so far added Dr. John P. Bamforth and Dr. Keith Anthony to its Board of Directors, entered a license agreement with Pluristyx and received Regenerative Medicine Advanced Therapy (RMAT) designation by the FDA for its Acellular Tissue Engineered Vessel.
The Details: Humacyte acquired a license for Pluristyx’s PluriBank induced Pluripotent Stem Cell (iPSC) line to use as starting materials in the production of insulin-producing cells for their BioVascular Pancreas (BVP) product candidate.
The BVP aims to treat type 1 diabetes by facilitating the delivery and survival of insulin-producing islets within the body.
“The combination of Humacyte’s Acellular Tissue Engineered Vessel (ATEV) with insulin-producing cells derived from Pluristyx’s best-in-class iPSC lines brings us one step closer to curing insulin ...