financetom
Business
financetom
/
Business
/
Sana Biotechnology Reports 'Positive' Results From Diabetes Study of Islet Cell Transplantation; Shares Surge
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sana Biotechnology Reports 'Positive' Results From Diabetes Study of Islet Cell Transplantation; Shares Surge
Jan 7, 2025 2:12 PM

04:59 PM EST, 01/07/2025 (MT Newswires) -- Sana Biotechnology ( SANA ) reported Tuesday "positive" initial results from a study that transplanted islet cells into a person with type 1 diabetes without the use of immunosuppression.

Sana shares were rising 225% in recent after-hours trading.

The study showed that the company's hypoimmune, or HIP, technology enabled the transplanted islet cells to avoid rejection and produce insulin without immunosuppression, the company said.

"Results of the study at four weeks after cell transplantation demonstrate the survival and function of pancreatic beta cells as measured by the presence of circulating C-peptide, a biomarker indicating that transplanted beta cells are producing insulin," Sana said.

The study didn't identify any safety issues, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Redwire Wins European Defense Satellite Contract, Stock Gains
Redwire Wins European Defense Satellite Contract, Stock Gains
Mar 16, 2026
Redwire ( RDW ) shares are up during Monday's premarket session. The company disclosed winning a prime contract to build Belgium's first national security satellite. Wins Belgium MATTEO Satellite Contract The Belgian Federal Government has commissioned the company to deliver the MATTEO satellite. It aims to provide secure and independent access to critical space-based services for national defense. The project...
MDA Space Closes IPO In the United States
MDA Space Closes IPO In the United States
Mar 16, 2026
09:07 AM EDT, 03/16/2026 (MT Newswires) -- MDA Space ( MDA ) announced Monday the closing of its previously announced marketed public offering of its common shares in the United States and Canada, representing the company's initial public offering in the United States and the listing of its common shares on the New York Stock Exchange. A total of 9,836,065...
Form 8.3
Form 8.3
Mar 16, 2026
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: First Trust Advisors L.P. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
SiriusPoint Reorganizes into Four Divisions to Strengthen Global Programs and London Specialty Business
SiriusPoint Reorganizes into Four Divisions to Strengthen Global Programs and London Specialty Business
Mar 16, 2026
09:11 AM EDT, 03/16/2026 (MT Newswires) -- SiriusPoint ( SPNT ) said Monday that it is reorganizing its business into four main areas: global property and casualty programs, global reinsurance, global accident and health, and a London Market Specialty division. The underwriter company said it is combining its North America and international programs businesses into a single global property and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved