Carisma Therapeutics shares are trading higher after the company announced the nomination of the first in vivo CAR-M development candidate for hepatocellular carcinoma under collaboration with Moderna.
Portfolio Pulse from Benzinga Newsdesk
Carisma Therapeutics shares are trading higher after the company announced the nomination of the first in vivo CAR-M development candidate for hepatocellular carcinoma under collaboration with Moderna.
June 27, 2024 | 8:35 pm
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POSITIVE IMPACT
Carisma Therapeutics shares are trading higher following the announcement of a new in vivo CAR-M development candidate for hepatocellular carcinoma in collaboration with Moderna.
The announcement of a new development candidate in collaboration with a major player like Moderna is a significant milestone for Carisma Therapeutics. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Moderna is collaborating with Carisma Therapeutics on a new in vivo CAR-M development candidate for hepatocellular carcinoma.
While the news is more directly impactful for Carisma Therapeutics, Moderna's involvement in the collaboration could positively influence its stock price due to the potential for successful development and future revenue streams.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50