NIH Awards Marker Therapeutics $2M for Clinical Investigation in Relapsed Lymphoma
Portfolio Pulse from Benzinga Newsdesk
Marker Therapeutics, Inc. (NASDAQ:MRKR) has been awarded a $2 million grant from the NIH SBIR program to support the clinical investigation of MT-601 in relapsed non-Hodgkin's lymphoma patients. This funding will aid the Phase 1 APOLLO study, evaluating the safety and efficacy of MT-601.
August 12, 2024 | 11:03 am
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Marker Therapeutics has been awarded a $2 million NIH grant to support the clinical investigation of MT-601 in relapsed non-Hodgkin's lymphoma patients. This funding will support the Phase 1 APOLLO study, which evaluates the safety and efficacy of MT-601.
The $2 million NIH grant is a significant non-dilutive funding source that will support the clinical investigation of MT-601, potentially leading to positive clinical outcomes and future revenue streams. This news is likely to boost investor confidence and positively impact MRKR's stock price in the short term.
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