Skip to main content
Signal8

$2.9 Million NCI Grant Awarded for Clinical Development of RedHill's Opaganib and CAR T-Cell Combination in Ultra-High-Risk Multiple Myeloma

$RDHLPress releaseOct 19, 2026, 8:00 AM ETRead the release

RedHill's partner, the University of Oklahoma, received a five-year, $2.9 million grant from the National Cancer Institute to run clinical trials of RedHill's opaganib combined with CAR T-cell therapy in ultra-high-risk multiple myeloma. The funding covers a Phase 1b safety and dosing trial of up to 18 patients followed by a Phase 2 study of up to 21 additional patients seeking preliminary evidence of effectiveness, with RedHill expected to supply opaganib at no cost to itself.

Key figures

Drug Name
opaganib (ABC294640)
Deal Value Usd
2900000
Phase Of Trial
Phase 1b and Phase 2
Grant duration
five years
Phase2 enrollment
up to 21 additional patients
Phase1b enrollment
up to 18 patients

AI analysis

Red flags2 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.