Turnstone Biologics Expects Streamlining Of Operations To Extend Cash Runway Into Q2 Of 2026; Realigns Resources To Focus On Clinical Advancement Of Selected Tumor-Infiltrating Lymphocyte Therapy
Portfolio Pulse from Benzinga Newsdesk
Turnstone Biologics is streamlining operations to extend its cash runway into Q2 2026 by focusing on the clinical advancement of its TIDAL-01 therapy. The company is reallocating resources from other preclinical assets and has made leadership changes to support this focus.
October 11, 2024 | 10:06 am
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Turnstone Biologics is focusing on its TIDAL-01 therapy, reallocating resources from other projects to extend its cash runway into Q2 2026. Leadership changes have been made to support this strategic focus.
The company's decision to focus on TIDAL-01 and extend its cash runway is a positive strategic move, likely to enhance investor confidence. Leadership changes indicate a strong commitment to this focus.
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