Kineta Provides Update On Its Ongoing Phase 1/2 VISTA-101 Clinical Trial And Corporate Activities; Received $500,000 Investment From An Existing Investor
Portfolio Pulse from Benzinga Newsdesk
Kineta provided an update on its ongoing Phase 1/2 VISTA-101 clinical trial, reporting partial response and stable disease in combination cohorts, and durable stable disease in monotherapy cohorts. The company also received a $500,000 investment from an existing investor and is exploring strategic alternatives to maximize stakeholder value.
May 15, 2024 | 8:21 pm
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Kineta reported positive results from its Phase 1/2 VISTA-101 clinical trial, including partial response and stable disease in combination cohorts, and durable stable disease in monotherapy cohorts. The company also received a $500,000 investment from an existing investor and is exploring strategic alternatives.
The positive clinical trial results and the new investment are likely to boost investor confidence in Kineta. The exploration of strategic alternatives could also lead to potential partnerships or acquisitions, further enhancing the company's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100