Chemomab Wins New Patents for CM-101, Its First-in Class Monoclonal Antibody in Clinical Development for Fibro-Inflammatory Diseases
Portfolio Pulse from Benzinga Newsdesk
Chemomab Therapeutics Ltd. (NASDAQ:CMMB) announced that Brazil and Israel Patent Offices have granted new patents for CM-101, its monoclonal antibody for fibro-inflammatory diseases. CM-101, targeting CCL24, is in a global Phase 2 trial for primary sclerosing cholangitis with results expected by mid-2024.

February 20, 2024 | 12:10 pm
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Chemomab Therapeutics Ltd. has been granted new patents in Brazil and Israel for CM-101, its monoclonal antibody for treating fibro-inflammatory diseases, with Phase 2 trial results anticipated by mid-2024.
The granting of new patents for CM-101 in Brazil and Israel is a significant positive development for Chemomab, indicating a strong proprietary position in these markets. This news could positively influence investor sentiment, as it not only validates the company's research but also potentially secures its commercial position in the future. Given the current stage of clinical development and the anticipation of Phase 2 trial results, this news is likely to be seen as a positive indicator of progress and potential, leading to a short-term positive impact on the stock price.
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