AGM Statement

Summary by AI BETAClose X

CRISM Therapeutics Corporation provided an update at its Annual General Meeting, highlighting a strong financial position following an oversubscribed May fundraise and non-dilutive grant awards from Innovate UK and Invest Northern Ireland, ensuring resources for near-term clinical objectives. Significant progress in 2026 includes FDA Orphan Drug Designation for irinotecan-ChemoSeed for glioblastoma and the activation of its first NHS clinical trial site in August, marking the transition to active patient recruitment. The docetaxel-ChemoSeed program for advanced prostate cancer is also advancing with encouraging pre-clinical data and dedicated grant funding. Patient recruitment for the registration-grade Phase 2 glioblastoma trial is underway, with the company focused on treating patients and demonstrating the clinical benefit of irinotecan-ChemoSeed.

Disclaimer*

CRISM Therapeutics Corporation
27 October 2026
 

27 October 2026

 


 

CRISM Therapeutics Corporation

(‘CRISM’, ‘CRISM Therapeutics’ or the ‘Company’)

 

AGM Statement

 

CRISM Therapeutics Corporation (AIM: CRTX), a UK clinical-stage drug delivery company focused on the localised and sustained delivery of chemotherapy drugs, is holding its Annual General Meeting (“AGM”) today at 11am at the office of Fieldfisher LLP. At the meeting, CRISM’s Non-Executive Chair, Charles Spicer will make the following statement:

 

The Company is in a strong financial position following the oversubscribed fundraise in May, supplemented by non-dilutive grant awards from both Innovate UK and Invest Northern Ireland. These awards endorse the quality of our science and, together with the fundraise, ensure that CRISM is well resourced to deliver on its near-term clinical objectives.

The Company has made significant progress in 2026. In glioblastoma, we secured FDA Orphan Drug Designation for irinotecan-ChemoSeed which, combined with our MHRA Innovation Passport, supports its development and commercial appeal. Our first NHS clinical trial site was formally activated in August, marking CRISM’s transition from clinical preparation into active patient recruitment. In parallel, our docetaxel-ChemoSeed programme for advanced prostate cancer has progressed, supported by encouraging pre-clinical data and dedicated grant funding to support the next stage of development.

Patient recruitment for our registration-grade Phase 2 clinical trial is now underway at our lead clinical site. Candidates are identified and assessed through weekly meetings of a multidisciplinary team comprising neurosurgeons, oncologists, radiologists and pathologists. The initial phase of the study involves patients with recurrent glioblastoma, with specific surgical eligibility criteria that can extend recruitment timelines, compared to less complex indications. We are working closely with our clinical investigators and treating the first patient remains our immediate priority.

The Board is confident in ChemoSeed's potential to deliver established chemotherapy directly to solid tumours. This year's clinical, regulatory and scientific progress reflects the strength of the technology and the team behind it. Our focus is on treating glioblastoma patients and demonstrating the clinical benefit that we believe irinotecan-ChemoSeed can deliver for those with this devastating disease. The Board thanks its shareholders and key stakeholders for their continued support and looks forward to providing further updates regarding the clinical trial in the coming weeks. 

 

 

-Ends-

Enquiries:

 

Company

Nomad and Broker

Financial PR

CRISM Therapeutics Corporation

S.P. Angel Corporate Finance LLP

Burson Buchanan

Andrew Webb, CEO

Chris McConville, CSO

David Hignell

Vadim Alexandre

Adam Cowl

Henry Harrison Topham

Jamie Hooper

CRISM@buchanancomms.co.uk

via Burson Buchanan

+44 (0) 20 3470 0470

+44 (0) 20 7466 5000

 

 

About CRISM Therapeutics Corporation

 

CRISM Therapeutics Corporation has developed an innovative drug delivery technology to improve the clinical performance of cancer treatments for solid tumours through the local delivery of chemotherapy drugs.

 

ChemoSeed, CRISM's lead product, can be implanted directly into the tumour or the resection margin following the removal of a tumour. This directs that therapeutic concentrations of chemotherapy drugs reach the deep-seated tumour tissue or cover the entire resection margin. In the case of treating glioblastoma, ChemoSeeds can be implanted during surgery thereby bypassing the blood brain barrier, which prevents other treatments from being able to reach the tumour and be effective.

 

CRISM has commenced recruitment at the Company’s first clinical site for its registration-grade Phase 2 clinical trial of irinotecan-ChemoSeed in patients with surgically resectable glioblastoma.

For more information please visit: https://www.crismtherapeutics.com/

 

The Company's LEI is 213800XFW6MKVCHHPW88.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100