By Dean Seal
Shares of Sana Biotechnology jumped after the company reported positive results for the latest study transplanting its UP421 cell therapy into a patient with type 1 diabetes.
The stock was up 21% at $3.16 in early trading. Shares were changing hands at $5.51 a year ago but are up 94% so far in 2025.
The Seattle company said a six-month follow-up with the patient showed the transplanted allogeneic primary islet cell engineered with Sana's hypoimmune technology were safe and well-tolerated.
An MRI scanning showed signals that were consistent with graft survival six months after transplantation, Sana said.
"The data presented today bring our vision--treating diabetes with a broadly available therapy leading to normal blood glucose control without either insulin or immunosuppression--closer to reality," Chief Executive Steve Harr said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 23, 2025 10:33 ET (14:33 GMT)
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