Stock Markets January 28, 2026

Immix Biopharma Shares Rise After FDA Grants Breakthrough Designation to NXC-201

Regulatory boost follows positive interim Phase 2 data; company aims to finish enrollment and pursue BLA this year

By Nina Shah IMMX
Immix Biopharma Shares Rise After FDA Grants Breakthrough Designation to NXC-201
IMMX

Immix Biopharma's stock climbed 5% after the U.S. Food and Drug Administration awarded Breakthrough Therapy Designation to NXC-201 for relapsed/refractory AL Amyloidosis. The decision was based on interim results from the NEXICART-2 Phase 2 trial presented at the American Society of Hematology meeting in December 2025. The company plans to complete enrollment, expects final data later this year, and intends to submit a Biologics License Application to the FDA thereafter.

Key Points

  • Immix Biopharma stock rose 5% after the FDA awarded Breakthrough Therapy Designation to NXC-201 for relapsed/refractory AL Amyloidosis.
  • The FDA decision was based on positive interim results from the NEXICART-2 Phase 2 trial presented at the American Society of Hematology meeting in December 2025.
  • Immix plans to complete enrollment in NEXICART-2, expects final data later this year, and intends to file a Biologics License Application to the FDA.

Immix Biopharma (NASDAQ:IMMX) saw its stock rise 5% on Wednesday following an announcement that the company’s investigational therapy NXC-201 received Breakthrough Therapy Designation from the U.S. Food and Drug Administration. The designation applies to the use of NXC-201 in treating relapsed or refractory AL Amyloidosis.

The FDA's Breakthrough Therapy program is intended to accelerate the development and review of treatments that appear to offer substantial improvement over available therapies for serious conditions. Immix said the agency’s decision was informed by positive interim clinical results from the company’s NEXICART-2 Phase 2 trial. Those interim findings were presented at the American Society of Hematology annual meeting in December 2025.

According to Immix, NXC-201 is the only therapy currently in active development for relapsed or refractory AL Amyloidosis to have received this particular FDA designation. The company highlighted the absence of approved treatment options for patients who have relapsed or become resistant to initial therapies for the disease.

"We are grateful to FDA for recognizing NXC-201 as the only granted FDA Breakthrough Designation for a therapy in active development in relapsed/refractory AL Amyloidosis, where no approved therapies exist for patients today," said Ilya Rachman, CEO of Immix Biopharma.

Immix said it plans to complete enrollment in the NEXICART-2 trial, with final data anticipated later this year. Following the availability of those data, the company intends to submit a planned Biologics License Application to the FDA.

The company statement and the subsequent market reaction underline investor attention on regulatory milestones in the biotech sector. While the Breakthrough Therapy Designation is intended to speed development and review, Immix’s timeline remains linked to completion of trial enrollment and the generation of final trial results before the next regulatory step.

This development centers on a rare disease category and has implications primarily for the biotechnology and healthcare sectors, as well as for equity investors watching small-cap drug developers and regulatory event-driven catalysts.

Risks

  • NXC-201 remains under clinical development and its ultimate regulatory outcome depends on completion of the trial and review of final data - impacts biotech and healthcare sectors.
  • The company’s planned BLA submission is dependent on the timing and content of final trial results, making the timeline uncertain - impacts Immix shareholders and small-cap biotech investors.

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