tiprankstipranks
Trending News
More News >

Chimeric Therapeutics Advances CAR-T Trials with New Collaborations and Funding

Story Highlights
  • Chimeric Therapeutics specializes in innovative CAR-T cell therapies for cancer.
  • The company progresses in trials and secures funding, enhancing its cancer treatment efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Chimeric Therapeutics Ltd. ( (AU:CHM) ) has provided an update.

Chimeric Therapeutics announced significant progress in its clinical trials for the quarter ending March 31, 2025. The CHM CORE-NK studies have advanced with patient recruitment and dosing at prominent U.S. cancer centers, while the CHM CDH17 CAR-T trial, targeting advanced cancers, has expanded to include the University of Chicago Medicine. This trial is notable for its pioneering approach as the first anti-CDH17-directed CAR-T therapy, showing promising preclinical results. The company also secured $4 million in non-dilutive funding to support these developments, indicating strong financial backing and potential for impactful advancements in cancer treatment.

More about Chimeric Therapeutics Ltd.

Chimeric Therapeutics Ltd. is an Australian company specializing in cell therapy. The company focuses on developing innovative CAR-T cell therapies targeting various cancer types, including colorectal, gastric, and neuroendocrine tumors.

Technical Sentiment Signal: Buy

Current Market Cap: A$11.34M

Learn more about CHM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App