Carisma Therapeutics (CARM) Reports Q4, Provides Business Update
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Carisma Therapeutics Provides Business Update and Reports Fourth Quarter and Full Year 2023 Financial Results
April 1, 2024 8:35 AM EDTCompany to prioritize CT-0525 as its anti-HER2 CAR-M product candidate and will cease further development of CT-0508
Other prioritized pipeline programs include the Company's in vivo CAR-M collaboration with Moderna, and research programs including fibrosis
Cash and cash equivalents of $77.6 million as of December 31, 2023, combined with a restructuring of operations, including pausing development of CT-1119, expected to fund the Company into the third quarter of 2025
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