Eliem Therapeutics Announces Rebranding And Corporate Name Change To Climb Bio, Inc., Will Begin Trading On Nasdaq Under The Trading Symbol "CLYM" Effective October 3rd
Portfolio Pulse from Benzinga Newsdesk
Eliem Therapeutics is rebranding to Climb Bio, Inc. and will trade under the new symbol 'CLYM' on Nasdaq starting October 3, 2024. This change aligns with their new focus on immune-mediated diseases after acquiring Tenet Medicines.
October 02, 2024 | 1:11 pm
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Eliem Therapeutics is rebranding to Climb Bio, Inc. and changing its Nasdaq ticker to 'CLYM'. This reflects a strategic shift towards immune-mediated diseases after acquiring Tenet Medicines.
The rebranding and ticker change signify a strategic shift in the company's focus, which could attract new investors interested in immune-mediated diseases. The acquisition of Tenet Medicines supports this new direction, potentially boosting investor confidence and stock price.
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