Boundless Bio Announces Pipeline and Leadership Updates
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Boundless Bio has announced updates to its pipeline and leadership. The company will not advance BBI-825 into the next phase of the STARMAP clinical trial. A third ecDTx program is progressing, with a development candidate expected by mid-2025. The company's operating runway is extended into 2027. Leadership changes include the departure of Klaus Wagner, M.D., Ph.D., and Neil Abdollahian.
December 12, 2024 | 9:15 pm
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Boundless Bio will not advance BBI-825 in the STARMAP trial, focusing instead on a third ecDTx program. The company has extended its operating runway to 2027, with leadership changes announced.
The decision not to advance BBI-825 may be seen as a setback, but the focus on a new ecDTx program and extended operating runway could offset negative sentiment. Leadership changes might also impact investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100