Purple Biotech Presents New Data Regarding Its Tri-Specific Antibody Platform, CAPTN-3
Portfolio Pulse from Benzinga Newsdesk
Purple Biotech has presented new data on its tri-specific antibody platform, CAPTN-3, with the lead compound IM1240 targeting solid tumors. The company aims to reach first human clinical studies by 2026.
October 25, 2024 | 11:23 am
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Purple Biotech's new data on its CAPTN-3 platform and lead compound IM1240, targeting solid tumors, could enhance its market position. Clinical studies are expected by 2026.
The announcement of new data on Purple Biotech's CAPTN-3 platform and its lead compound IM1240 is significant as it targets solid tumors, a major area in cancer treatment. The potential for first human clinical studies by 2026 suggests progress in their pipeline, which could positively impact investor sentiment and the stock price.
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