ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Healx Announces First Patient Dosed in Phase 2 Trial Evaluating HLX-1502 for the Treatment of Neurofibromatosis Type 1

Healx, an AI-enabled, clinical-stage biotech company dedicated to rare diseases, today announced the first patient has been dosed in INSPIRE-NF1, a Phase 2 trial evaluating the safety and efficacy of HLX-1502, an oral investigational therapy, in patients with neurofibromatosis type 1 (NF1).

NF1 is a debilitating rare genetic disorder that causes tumours to form along nerves, often manifesting in childhood. It affects approximately one in 2,500 individuals worldwide and can lead to severe complications, including pain, disfigurement, and malignancies. Despite its impact, treatment options remain limited, with many patients facing invasive surgeries or therapies with severe side effects.

A Potential Breakthrough for NF1 Patients

“This trial represents an important step in determining the potential of HLX-1502 as a treatment option for patients,” said Simone Manso, head of neurofibromatosis therapy development at Healx. “There are no treatments for many NF1 symptoms; current treatments for NF1 plexiform neurofibromas, such as surgery and MEK inhibitors, are helpful but come with their own set of trade-offs, in terms of lasting complications and side effects. There is a need for new treatments for the NF1 community that balance effectiveness and safety. Evaluating HLX-1502 in this context is a key focus of our research efforts. We are grateful for the support from the Children’s Tumor Foundation, a vital partner in this journey, and to the Neurofibromatosis Clinical Trials Consortium for making this clinical trial a reality.”

HLX-1502 was discovered using Healx’s proprietary AI platform, which accelerates the identification of potential drug candidates. The therapy has received Fast Track, Orphan Drug, and Rare Pediatric Disease designations from the U.S. Food and Drug Administration, underscoring its potential significance for the NF1 community.

Driving a New Era in NF1 Treatment Innovation

“This is much more than a company milestone—it represents a new hope for the NF1 community,” said Tim Guilliams, Ph.D., co-founder and CEO of Healx. “For too long, patients have had limited treatment options that come with serious trade-offs. HLX-1502 is being evaluated as a potential treatment for NF1, with the goal of providing an alternative to existing MEK inhibitors, which have known side effects. If successful, this could mark the beginning of a paradigm shift in NF1 care—one that not only improves patient lives today but also paves the way toward a future where patients no longer have to choose between treatment effectiveness and quality of life.”

Partnering for Patient Impact

“We are excited about the launch of this trial and what it could mean for those affected by NF1 worldwide,” said Michael Fisher, M.D., director of the NF Program and chief of the Neuro-Oncology Section at the Children’s Hospital of Philadelphia, and the group chair of the NF1 Clinical Trials Consortium. “Our consortium, consisting of 24 clinical centers across the United States and Australia, is committed to pushing NF research forward and finding new therapies for individuals with neurofibromatosis and schwannomatosis. Healx’s innovative approach to treatment discovery gives us renewed hope for continued meaningful progress.”

The NF1 Clinical Trials Consortium has an Operations Center based at the University of Alabama at Birmingham (UAB), led by Girish Dhall, M.D., and Karen Cole-Plourde, and a Data Coordinating Center at CHOP led by Richard Aplenc, M.D., Ph.D.

About the INSPIRE-NF1 Study

INSPIRE-NF1 is a Phase 2, open-label, single-arm study evaluating the safety and efficacy of HLX-1502 in NF1 patients with plexiform neurofibromas (PNs). These aggressive tumours can lead to severe complications, including functional impairments and malignant transformation. The trial is enrolling approximately 20 patients in the U.S., focusing on key outcome measures such as tumour response rate, safety and tolerability, and pharmacokinetics. Additional information is available at clinicaltrials.gov (NCT06541847).

About Neurofibromatosis Type 1 (NF1)

NF1 is a rare genetic disorder that predisposes individuals to develop multiple tumours, affecting roughly 3 million people worldwide. Plexiform neurofibromas can cause severe disability, while cutaneous neurofibromas—benign but often numerous tumours—result in significant cosmetic and psychological distress. Treatment options are extremely limited, highlighting an urgent unmet need.

About Healx

Healx is a generative AI-enabled, clinical-stage biotech pioneering the next generation of drug discovery for rare diseases. With over 10,000 rare diseases affecting 400 million people worldwide, yet only 5% having an approved treatment, Healx is on a mission to change that. By combining AI-driven insights with deep drug development expertise, Healx accelerates the discovery and development of life-changing therapies.

Founded in Cambridge, UK, by biochemical engineer and entrepreneur Tim Guilliams, Ph.D., and David Brown, Ph.D., co-inventor of Viagra and former Global Head of Drug Discovery at Roche, Healx has raised approximately $125 million to date. For more information, visit www.healx.ai or follow us on LinkedIn and X.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.