Mural Oncology Presents Preclinical Data For IL-18 and IL-12 Programs At 2024 American Association For Cancer Research Annual Meeting
Portfolio Pulse from Benzinga Newsdesk
Mural Oncology presented preclinical data for its IL-18 and IL-12 programs at the 2024 American Association For Cancer Research Annual Meeting, indicating progress in their development. The company expects to nominate candidates for each program later this year. The data showed that their IL-18 variant, with enhanced half-life and resistance, demonstrated durable immunological effects. Additionally, their engineered IL-12 approach aims to reduce toxicity while maintaining efficacy.
April 09, 2024 | 8:01 pm
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Mural Oncology's presentation of promising preclinical data for its IL-18 and IL-12 programs at the AACR 2024 could positively impact investor sentiment. The announcement of candidate nominations expected later this year further underscores the company's progress in its oncology pipeline.
The presentation of positive preclinical data typically boosts investor confidence in a company's research and development capabilities, potentially leading to an increase in stock price. The anticipation of candidate nominations further adds to this positive outlook, as it signals progress towards commercialization.
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