Chemomab Therapeutics (CMMB) has released an update.
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Chemomab Therapeutics reported promising results from its Phase 2 SPRING trial for CM-101, a potential treatment for primary sclerosing cholangitis, driving investor interest and strategic partnership discussions. The company secured $10 million in private placement funding, extending its cash runway to early 2026. Chemomab plans to advance CM-101 to a Phase 3 trial in late 2025, aiming to further capitalize on its promising pipeline.
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