TransCode Therapeutics Awarded $2 Million NIH Grant to Support Clinical Evaluation of Lead Candidate
Portfolio Pulse from Benzinga Newsdesk
TransCode Therapeutics has been awarded a $2 million grant from the National Institutes of Health (NIH) to support the clinical evaluation of its lead candidate. This funding will aid in advancing their research and development efforts.

September 05, 2024 | 11:02 am
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TransCode Therapeutics received a $2 million NIH grant to support the clinical evaluation of its lead candidate, which could enhance its R&D capabilities and future revenue potential.
The $2 million NIH grant provides significant financial support for TransCode Therapeutics' clinical evaluation of its lead candidate. This funding can accelerate their R&D efforts, potentially leading to successful clinical outcomes and increased future revenues. The news is highly relevant and important for investors as it directly impacts the company's financial and operational capabilities.
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