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FibroBiologics CEO Issues Letter to Shareholders
Globenewswire· 2026-01-07 13:30
Core Insights - FibroBiologics is focused on developing fibroblast-based therapies for chronic diseases, emphasizing innovation and patient impact in 2025 [2][3] Company Progress - The company expanded its laboratory in Houston to over 10,000 square feet, enhancing its R&D capabilities and in-house manufacturing [3] - FibroBiologics raised significant capital through multiple registered direct offerings, totaling $7.2 million in late 2025, and eliminated all outstanding debt [3] - Jason D. Davis was appointed as CFO, bringing extensive experience in corporate finance and capital markets [3] - The company actively presented its research at various conferences, enhancing its visibility in the biotech community [3] Clinical Trials and Milestones - FibroBiologics completed the CYWC628 master and working cell banks, which are crucial for its wound healing program [4] - The company received HREC approval for a Phase 1/2 trial in Australia for CYWC628, targeting diabetic foot ulcers with a study of 120 patients [4] - Positive IND-enabling data for CYPS317 indicated efficacy comparable to biologics, leading to a new IND filing on December 30, 2025 [4] - Progress was made on CYMS101 for multiple sclerosis, with plans for an IND submission [4] Scientific Advancements - The company confirmed remyelination in brain tissue repair models, supporting its approach for treating demyelinating diseases [5] - Advances in the bone marrow organoid platform showed potential in reducing tumor sizes and addressing age-related immune decline [5] Intellectual Property - FibroBiologics holds over 270 patents issued and pending, covering various therapeutic areas including wound healing and human longevity [6] - Recent patent filings include methods for generating multipotent cells from fibroblasts and a fibroblast-based chondrocyte spheroid platform for musculoskeletal conditions [6] Financial Overview - The company reported disciplined execution in its quarterly reports, with R&D expenses focused on lab expansion and cell bank development [7] - Financing efforts included closing two tranches of a $25 million financing round [7] Future Outlook - The company aims to execute clinical trials, submit INDs, and strengthen its financial position in 2026 [8] - Challenges such as regulatory hurdles and funding are acknowledged, but the company expresses confidence in overcoming these obstacles [8]
FibroBiologics to Present at Bio-Europe 2025
Globenewswire· 2025-10-24 12:30
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics and potential cures for chronic diseases using fibroblasts and fibroblast-derived materials [1][3] - The company holds over 270 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer [3] Company Presentation - The CEO, Pete O'Heeron, will present at the Bio-Europe 2025 conference from November 3-5, 2025, in Vienna, Austria [1] - FibroBiologics is scheduled to deliver a company presentation on November 4 at 4:15 p.m. CET and will be available for one-on-one investor meetings during the event [2] Company Overview - FibroBiologics is based in Houston and represents the next generation of medical advancement in cell therapy and tissue regeneration [3] - The company is actively developing a pipeline of treatments aimed at chronic diseases, leveraging its extensive patent portfolio [3]
FibroBiologics Confirms Ability to Manufacture CybroCell™ for Degenerative Disc Disease and Cartilage Repair Programs from Existing CYWC628 Master Cell Bank
GlobeNewswire News Room· 2025-07-09 12:30
Core Insights - FibroBiologics has made significant progress in its cartilage repair program, confirming that CYWC628 spheroids can differentiate into chondrocytes, which are essential for cartilage formation [1][2] - The company plans to utilize its CYWC628 master cell bank to create a working cell bank for manufacturing CybroCell™, its investigational cell therapy for degenerative disc disease (DDD), and is moving forward with amending its IND clearance with the FDA for a Phase I clinical trial [2][3] - The use of the current master cell bank is expected to streamline the manufacturing process for CybroCell, reducing development time and costs, while demonstrating the scalability of FibroBiologics' fibroblast-based platform for multiple indications [3] Company Overview - FibroBiologics is a clinical-stage biotechnology company based in Houston, focusing on developing therapeutics and potential cures for chronic diseases using fibroblast cells and fibroblast-derived materials [5][6] - The company holds over 275 patents issued and pending across various clinical pathways, including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer, positioning itself as a leader in cell therapy and tissue regeneration [6]
FibroBiologics Presents at the Society for Investigative Dermatology Annual Meeting
Globenewswire· 2025-05-16 12:30
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics for chronic diseases using fibroblasts and fibroblast-derived materials [1][5] - The company presented research on the immunomodulatory potential of human dermal fibroblast spheroids in psoriasis therapy at the Society for Investigative Dermatology Annual Meeting [2][3] Company Overview - FibroBiologics holds over 240 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, disc degeneration, psoriasis, orthopedics, human longevity, and cancer [5] - The company aims to advance innovative, cell-based treatments for chronic inflammatory diseases, with a focus on providing durable therapeutic options with lower adverse side effects [3][5] Research Highlights - The poster presentation titled "Immunomodulatory Potential of Human Dermal Fibroblast Spheroids in Psoriasis Therapy" demonstrated the potential of HDF spheroids to reduce psoriasis severity in preclinical models [2] - The research indicates that fibroblast-based candidates may offer sustained remission and reduced relapse rates in psoriasis treatment [3]
FibroBiologics to Present at The Cell & Gene Meeting on the Mediterranean
Newsfilter· 2025-04-11 12:30
Core Insights - FibroBiologics, Inc. is a clinical-stage biotechnology company focused on developing therapeutics for chronic diseases using fibroblast cells and materials [1][3] - The company holds over 240 patents issued and pending, covering various clinical pathways including wound healing, multiple sclerosis, and cancer [3] - Hamid Khoja, Ph.D., the Chief Scientific Officer, will present at The Cell & Gene Meeting On The Mediterranean, highlighting a fibroblast cell-based therapeutic approach [1][2] Company Overview - FibroBiologics is based in Houston and is engaged in the development of a pipeline of treatments aimed at chronic diseases [3] - The company represents advancements in cell therapy and tissue regeneration, with a focus on innovative medical solutions [3] Conference Details - The presentation titled "Restoring Immune system homeostasis using a fibroblast cell-based therapeutic targeting three chronic inflammation-mediated diseases" will take place on April 16, 2025, at 9:00 AM CEST [2] - The event is a significant gathering for the Advanced Therapy Medicinal Products community in Europe [1][2]