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Chimeric Therapeutics Secures $6.6 Million to Boost Clinical Trials

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Chimeric Therapeutics Secures $6.6 Million to Boost Clinical Trials

Confident Investing Starts Here:

Chimeric Therapeutics Ltd. ( (AU:CHM) ) has shared an announcement.

Chimeric Therapeutics has successfully raised $6.6 million through a two-tranche placement, supported by institutional and professional investors, to advance its clinical trial pipeline. The funds will primarily support the progression of the CHM CDH17 CAR-T and CORE-NK clinical trials, enhancing the company’s ability to reach key clinical milestones and potentially strengthen its market position.

More about Chimeric Therapeutics Ltd.

Chimeric Therapeutics is a clinical-stage cell therapy company dedicated to advancing innovative cell therapies for cancer patients. The company focuses on the discovery, development, and commercialization of pioneering cell therapies, including autologous CAR-T and allogeneic NK cell therapies, with a diversified portfolio targeting various oncology disease areas.

Technical Sentiment Signal: Sell

Current Market Cap: A$14.81M

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

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