Reported Earlier, MAIA Biotechnology Secures $2.44M In Private Placement, Aiming To Fund Key Phase 2 THIO-101 Cancer Trial
Portfolio Pulse from Benzinga Newsdesk
MAIA Biotechnology has secured $2.44 million in a private placement to fund the manufacturing of THIO for its Phase 2 THIO-101 trial in non-small cell lung cancer (NSCLC) and for working capital.
October 29, 2024 | 7:43 am
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MAIA Biotechnology has raised $2.44 million through a private placement to support its Phase 2 THIO-101 trial for non-small cell lung cancer (NSCLC). This funding will be used for manufacturing THIO and as working capital.
The successful raising of $2.44 million in a private placement is a positive development for MAIA Biotechnology as it provides necessary funding for the Phase 2 THIO-101 trial. This could lead to advancements in their cancer treatment research, potentially boosting investor confidence and positively impacting the stock price in the short term.
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