Alaunos Therapeutics acquires Velaris and raises $350 million to advance pulmonary hypertension pipeline
The deal grants Alaunos access to ActRII-Fc ligand traps and an anti-PDGF-B antibody, with key clinical data for VLR199 expected in 2028.
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Biotechnology company developing obesity and metabolic disorder treatments
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The deal grants Alaunos access to ActRII-Fc ligand traps and an anti-PDGF-B antibody, with key clinical data for VLR199 expected in 2028.
The company winds down its TCR-T trial, cuts 60% staff, focuses on the hunTR platform, and explores strategic alternatives like acquisition.
The company will host a conference call on March 7, 2023, to discuss financial results and provide webcast access for investors.
The company reported a net loss of $8.9 million, collaboration revenue of $2.9 million, and presented early TCR-T trial data showing objective responses in solid tumors.
Waltham, Massachusetts-based Velaris Therapeutics, based on assets discovered by Paragon Laboratories, is a biotechnology company with a pipeline of potential therapies for treating pulmonary hypertension...
Alaunos Therapeutics Inc announced that entered into a Securities Purchase Agreement to sell an aggregate of 687,789 shares of Common Stock at a price of...
A financial advisor is helping evaluate strategic alternatives; there is no assurance of continued listing or a transaction restoring compliance.
Clinical Data from TCR-T Library Phase 1/2 Trial: Eight patients were treated and evaluated in the Company's TCR-T Library Phase 1/2 Trial. Patients with pancreatic...
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