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Last €5.56 EUR
Change Today +0.03 / 0.54%
Volume 3.2K
TXCL On Other Exchanges
EN Paris
As of 11:27 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

txcell (TXCL) Snapshot

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06/2/14 - €8.10
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txcell (TXCL) Details

TxCell Promesses develops cell-based immunotherapies for the treatment of severe chronic inflammatory and autoimmune diseases. The company’s product candidates include OvaSave, which has completed phase I/II clinical trials for the treatment of severe refractory Crohn’s disease; and Col-Treg, which is under preclinical stage for the treatment of autoimmune uveitis. Its other product candidates include Myelin that is under development for the treatment of central nervous system inflammatory diseases; and HSP60, which is under development for the treatment of autoimmune and inflammatory diseases. The company was formerly known as TxCell S.A. and changed its name to TxCell Promesses in April 2014. TxCell Promesses was founded in 2001 and is headquartered in Valbonne, France.

65 Employees
Last Reported Date: 04/1/15
Founded in 2001

txcell (TXCL) Top Compensated Officers

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txcell (TXCL) Key Developments

Trizell Holding SA and Trizell Holding SA Amend Collaboration Agreement to Accelerate Ovasave Development

Trizell Holding SA announced an amendment to the Ovasave collaboration option, development and license agreement (Ovasave Agreement) with Trizell Holding SA (Trizell). In the agreement, TxCell will undertake a program to bring forward the preparation of Ovasave for phase 3 development and commercialization, notably in the areas of process and manufacturing development. To finance this program, Trizell will advance up to €1.1 million in funding that was initially due after the future exercise of Trizell’s option to Ovasave. In Trizell’s sole discretion it may finance a further €4.3 million. TxCell has appointed the Cell Therapy Catapult, to undertake the process and manufacturing development of TxCell’s ASTrIA product platform under TxCell’s leadership. Ovasave, TxCell’s product, is currently in a phase IIb clinical trial for refractory Crohn’s disease. Top line results of this study are expected at the end of 2016 /early 2017. Initiating the program detailed in the latest amendment to the agreement is intended to enable Ovasave to be moved seamlessly into phase III development following the ongoing phase IIb study. It also aims to ensure that the phase III program is performed with the same cost-effective manufacturing processes that will be used for future commercial products. In addition, the process will be designed and automated to allow it to be easily and economically upscaled in line with future demand. The program allows other activities to be performed including formulation selection and any necessary pre-clinical studies. TxCell will own all results and intellectual property generated, which can be used across TxCell’s ASTrIA product platform. TxCell will grant Trizell an exclusive license to use the results and IP specifically for Ovasave in IBD (Inflammatory Bowel Diseases) in line with the Ovasave Agreement. Trizell has initially committed €1.1 million of funding to the phase III preparation program and may, in its sole discretion, commit up to a further €4.3 million. This funding will be offset against the potential total payments of up to €76 million due to TxCell under the Ovasave Agreement.

TxCell SA Appoints David Solomon as Additional Independent Member of the Board and Chair of the Remuneration and Nominations Sub-Committee of the Board

TxCell SA announced that it has appointed Dr. David Solomon as an additional independent member of the board and chair of the remuneration and nominations sub-committee of the board. Dr. Solomon is currently the President and CEO of Biono. Prior to joining Bionor, Dr. Solomon was CEO of Zealand Pharma A/S from 2008 to 2015. In addition, he is currently on the boards of Onxeo in Paris and Promosome.

TxCell Promesses, Board Meeting, Mar 30, 2015

TxCell Promesses, Board Meeting, Mar 30, 2015. Agenda: To approve fiscal 2014 accounts.


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