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Prescient Therapeutics Advances Share Placement to Bolster Cancer Therapy Development

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Prescient Therapeutics Advances Share Placement to Bolster Cancer Therapy Development

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Prescient Therapeutics Limited ( (AU:PTX) ) has issued an update.

Prescient Therapeutics Limited has announced progress on its share placement, securing approximately $3 million from investors, with $2.5 million already received. The company issued 63,212,500 new ordinary shares as part of this funding effort. This financial boost is expected to support Prescient’s ongoing development of its personalized cancer therapies, potentially strengthening its position in the oncology sector and benefiting stakeholders through enhanced research and development capabilities.

More about Prescient Therapeutics Limited

Prescient Therapeutics Limited is a clinical stage oncology company focused on developing personalized medicine approaches for cancer treatment, including targeted and cellular therapies. The company is known for its innovative products such as PTX-100, a unique GGT-1 inhibitor for T cell lymphomas, and its CellPryme and OmniCAR platforms, which enhance the efficacy and adaptability of cell therapies.

Average Trading Volume: 1,289,921

Technical Sentiment Signal: Sell

Current Market Cap: A$40.06M

For a thorough assessment of PTX stock, go to TipRanks’ Stock Analysis page.

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