NextCell presents detailed analysis of the administrative report from ProTrans-Young

April 24, 2025

NextCell Pharma AB’s ("NextCell" or "the Company") CSO, Lindsay Davies, has been interviewed by Flemingsberg Science regarding the analysis of the administrative topline evaluation from the older age cohort of the ProTrans-Young paediatric trial.

On 7th April 2025, NextCell Pharma released a press release announcing the topline data from its administrative analysis of the older age cohort from the ProTrans-Young paediatric clinical trial. The study is evaluating the safety and efficacy of the company’s cell therapy, ProTrans, in preserving insulin production in young individuals newly diagnosed with type 1 diabetes, compared with placebo. The current analysis is of the first 30 randomised patients, all included within six months of diagnosis – a favourable time point, as more insulin production is typically still present and can be preserved.

In her interview with Flemingsberg Science, Dr Davies discussed the data achieved and how the company is interpreting the findings. “We are strongly encouraged by the dataset. It is important to remember the aims of this trial in asking the questions of can we safely treat children with ProTrans and secondly can we target the disease earlier in its development than we have previously. We can absolutely say that the drug product is safe for children and early indications are that yes, we can target earlier in the disease than previously thought”. Lindsay cited the top line data that no severe adverse side effects had been reported within the Phase I arm of the study and that in the Phase II older age cohort the data already demonstrated strong trends that a clinical effect was evident in preserving insulin production in ProTrans treated individuals.

She added, “It is important to not directly compare the data to our earlier trial in adults at this point. We need to consider that this is a live cell therapy dependent on an immune modulating effect that is going to be impacted by the immune system and biochemistry of the treated individual. We are interestingly already seeing trends related to sex, with females demonstrating a 19% loss in insulin with ProTrans treatment compared to 25% loss in the placebo group and males averaging a loss of 22% insulin with ProTrans treatment compared to 28% in the placebo group. Earlier intervention means that it will take longer to see the clear impact of the treatment compared to placebo – this is why this study will run for 5 years to monitor the evolution of the disease. To already see differences and trends is fantastic!”

Lindsay’s interview with Natasha Bank, Cluster Manager at Fleminsgberg Science can be watched at the following link https://youtu.be/XxUGNZ8pCP4.

For more information about NextCell Pharma AB, please contact:

Mathias Svahn, CEO

Patrik Fagerholm, CFO

Tel: 0+46 8-735 5595

E-mail: info@nextcellpharma.com

Website: www.nextcellpharma.com

 

LinkedIn: https://www.linkedin.com/company/15255207/

Twitter: https://twitter.com/NextCellPharma


For information about Cellaviva, please contact:

Sofie Falk Jansson, CEO

Tel: 08-735 2010

E-mail: info@cellaviva.se

Website: www.cellaviva.se

 

Facebook: https://www.facebook.com/cellavivasverige

Twitter: https://www.instagram.com/cellaviva/

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About NextCell Pharma AB

NextCell is a cell therapy company in Phase II trials with the drug candidate ProTrans for the treatment of type 1 diabetes. The focus is to obtain market approval of ProTrans via a phase III trial. In addition to type 1 diabetes. NextCell owns Cellaviva AB, Scandinavia’s largest private stem cell bank licensed by the Swedish Health Authority (IVO) to preserve and store stem cells from umbilical cord blood and umbilical cord tissue for family use. NextCell also owns QVance which will offer quality control analytics for advanced therapy developers. Furthermore, NextCell owns 8.5% in FamicordTX, a CAR-T start-up in oncology.

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2025-06-13
All Patients Successfully Treated in ProTrans-Young Study
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THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN, NEW ZEALAND, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG, BELARUS, RUSSIA OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLISHING OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED BY SWEDISH LAW. SEE SECTION "IMPORTANT INFORMATION" AT THE END OF THIS PRESS RELEASE. NextCell Pharma AB ("NextCell" or the "Company") issued a total of 38,711,804 warrants of series TO2 (“Warrants”) within the framework of a rights issue of units during the second quarter of 2024. The exercise period for the Warrants runs until and including 30 May 2025. One (1) Warrant entitles the holder to subscribe for one (1) new share in the Company at a subscription price of SEK 1.00 per share. NextCell today announces that the Company has received declarations of intent from all of the Company’s senior executives and Board members who hold Warrants and subscription undertakings from a selection of existing Warrant holders regarding the exercise of held Warrants, totalling approximately SEK 6.9 million, corresponding to approximately 17.8 percent of the total number of outstanding Warrants. In addition, the Company has secured top guarantees from a selection of existing Warrant holders and shareholders as well as external investors corresponding to an additional approximately 30 percent of the total issue volume. The top guarantees, together with the received declarations of intent and subscription undertakings, ensure that the Company will receive minimum proceeds of approximately SEK 18.5 million, corresponding to approximately 47.8 percent of the total issue volume.
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