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Chordia Therapeutics Secures Grant for Cancer Therapy Research

Story Highlights
  • Chordia Therapeutics focuses on innovative cancer therapies, with its lead product in US trials.
  • Chordia received a grant for research on refractory tumors, impacting future financials.
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Chordia Therapeutics Secures Grant for Cancer Therapy Research

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Chordia Therapeutics Inc. ( (JP:190A) ) has issued an update.

Chordia Therapeutics Inc. announced it has received a grant for a non-clinical study of novel therapeutic agents for refractory tumors with RNA splicing mutations, in collaboration with Kyoto University. The grant, part of a project by the Japan Agency for Medical Research and Development, will be recorded as non-operating income and is not expected to impact the company’s current fiscal year business forecast.

More about Chordia Therapeutics Inc.

Chordia Therapeutics Inc. operates in the biotechnology industry, focusing on the development of innovative cancer therapies. Its lead product, rogocekib (CLK inhibitor CTX-712), is in Phase 1/2 clinical trials in the US, targeting cancer vulnerabilities. The company is also researching several preclinical assets, including a MALT1 inhibitor, a CDK12 inhibitor, and GCN2 inhibitors.

Average Trading Volume: 858,927

Technical Sentiment Signal: Strong Sell

Find detailed analytics on 190A stock on TipRanks’ Stock Analysis page.

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