Carisma Therapeutics On June 26, Notified Novartis Pharmaceuticals Of Termination Of Co's Manufacturing & Supply Agreement Between Co & Novartis

Reuters
2024.07.02 21:01
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Carisma Therapeutics has terminated its manufacturing and supply agreement with Novartis Pharmaceuticals, effective July 31, 2024. The company will now focus on its follow-on product candidate CT-0525 for ex vivo oncology clinical development. Enrollment of new patients in its phase 1 clinical trial for CT-0508 has been suspended.

July 2 (Reuters) - Carisma Therapeutics Inc (CARM.O) :

  • CARISMA THERAPEUTICS : ON JUNE 26, NOTIFIED NOVARTIS PHARMACEUTICALS OF TERMINATION OF CO’S MANUFACTURING & SUPPLY AGREEMENT BETWEEN CO & NOVARTIS

  • CARISMA THERAPEUTICS INC - TERMINATION OF CO’S MANUFACTURING AND SUPPLY AGREEMENT, BY AND BETWEEN CO AND NOVARTIS IS EFFECTIVE JULY 31, 2024

  • CARISMA THERAPEUTICS - CO DETERMINED TO FOCUS EX VIVO ONCOLOGY CLINICAL DEVELOPMENT EFFORTS ON ITS FOLLOW-ON PRODUCT CANDIDATE CT-0525

  • CARISMA THERAPEUTICS INC - HAS SUSPENDED ENROLLMENT OF NEW PATIENTS IN ITS PHASE 1 CLINICAL TRIAL FOR CT-0508