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Percheron Therapeutics Secures License for Promising Cancer Drug HMBD-002

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Percheron Therapeutics Secures License for Promising Cancer Drug HMBD-002

Confident Investing Starts Here:

An announcement from Percheron Therapeutics ( (AU:PER) ) is now available.

Percheron Therapeutics has secured an exclusive worldwide license from Hummingbird Bioscience for HMBD-002, a phase II-ready immuno-oncology drug candidate targeting VISTA, a novel checkpoint in cancer treatment. This strategic move positions Percheron to advance in the immuno-oncology field, with plans to initiate clinical trials in 2026, potentially offering new therapeutic options for cancer patients.

The most recent analyst rating on (AU:PER) stock is a Buy with a A$0.24 price target. To see the full list of analyst forecasts on Percheron Therapeutics stock, see the AU:PER Stock Forecast page.

More about Percheron Therapeutics

Percheron Therapeutics Limited is an international biotechnology company focused on developing novel therapies for oncology and rare diseases.

Average Trading Volume: 2,079,348

Technical Sentiment Signal: Sell

Current Market Cap: A$10.87M

For detailed information about PER stock, go to TipRanks’ Stock Analysis page.

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