tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prescient Therapeutics Launches Share Purchase Plan to Fund Cancer Therapy Development

Story Highlights
Prescient Therapeutics Launches Share Purchase Plan to Fund Cancer Therapy Development

Elevate Your Investing Strategy:

Prescient Therapeutics Limited ( (AU:PTX) ) just unveiled an announcement.

Prescient Therapeutics has announced the opening of a Share Purchase Plan (SPP) to raise up to $7 million, allowing eligible shareholders to purchase new shares at a discounted price. The funds raised will be used to advance the clinical development of PTX-100, which is currently progressing through Phase 2 trials and has shown promising efficacy and safety in treating T cell lymphomas.

More about Prescient Therapeutics Limited

Prescient Therapeutics Limited is a clinical stage oncology company listed on the ASX, focusing on developing personalized medicine approaches to cancer. The company specializes in targeted and cellular therapies, with its leading product PTX-100, a first-in-class compound that inhibits cancer growth enzymes, currently in clinical development.

Average Trading Volume: 903,701

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$37.04M

For an in-depth examination of PTX stock, go to TipRanks’ Overview 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
1