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Monday, April 1, 2024

Carisma portfolio reprioritized

 Company 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

https://www.prnewswire.com/news-releases/carisma-therapeutics-provides-business-update-and-reports-fourth-quarter-and-full-year-2023-financial-results-302104080.html

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