Sponsored

Chimeric (ASX:CHM) advances NK cell therapy portfolio with latest research pact

November 09, 2022 03:08 PM AEDT | By Aditi Sarkar
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Highlights

  • Chimeric has enhanced its collaboration with CWRU through a sponsored research agreement.
  • The development aims to advance NK cell therapies to benefit patients in multiple disease areas.
  • Dr David Wald, who is the inventor of the CORE NK technology, will lead the research program at CWRU.
  • As part of the sponsored research, Chimeric has gained an exclusive option, enabling the company to licence intellectual property generated by the university.

Chimeric Therapeutics (ASX:CHM) has further bolstered its Natural Killer (NK) cell therapy portfolio.

In a major development, the clinical-stage cell therapy company recently entered into a sponsored research agreement (SRA) with Case Western Reserve University (CWRU).

Under the SRA, the two parties will undertake preclinical development aimed at advancing multiple next-generation NK cell products.

With this development, Chimeric also gained access to an exclusive option that licences intellectual property generated by the university.

The SRA is outcomes based on research. Initially, the agreement has an initial period estimated to be two years, which may be extended by mutual agreement of the parties.

Overview of the sponsored research program

Dr David Wald will lead the research program. He is an Associate Professor, Department of Pathology, School of Medicine, CWRU.

CHM 0201 (CORE NK platform) is the foundational asset of the NK cell therapy portfolio of Chimeric.

The asset delivered promising outcomes in a phase 1 clinical trial at the Seidman Cancer Center in Ohio. The study achieved all major endpoints, including safety with no graft versus host disease, cell persistence and cell expansion.

It also demonstrated an encouraging efficacy signal, specifically in blood cancers. In this case, all patients achieved disease control, and one patient achieved a complete response that was sustained through to 15 months at the time of study publication.

 

CHM shares were trading at AU$0.083 midday on 9 November 2022.  


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Two ASX Listed Stocks Giving Bullish Indications



We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.