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Kintara Therapeutics 2024 EPS $(0.32) Up From $(9.27) YoY; Cash And Cash Equivalents $4.9M

Kintara Therapeutics 2024 EPS $(0.32) Up From $(9.27) YoY; Cash And Cash Equivalents $4.9M

kintara therapeutics 2024 每股收益 $(0.32) 较去年同期$(9.27)上升;现金及现金等价物 $4.9百万
Benzinga ·  10/08 07:16

Recent Corporate Developments

最近公司发展情况。

  • As previously disclosed, in April 2024 Kintara entered into a definitive merger agreement (the "Merger Agreement") with TuHURA Biosciences, Inc. ("TuHURA"), a Phase 3 registration-stage immune-oncology company developing novel technologies to overcome resistance to cancer immunotherapy, and Kayak Mergeco, Inc., Kintara's wholly-owned subsidiary, whereby Kayak Mergeco will merge with and into TuHURA with TuHURA surviving the merger and becoming Kintara's direct, wholly-owned subsidiary (the "Merger").
  • At Kintara's special meeting of stockholders held on October 4, 2024, Kintara's stockholders approved the requisite proposals to effect the completion of the proposed Merger with TuHURA. The proposed Merger is expected to be consummated in mid-October 2024, subject to the satisfaction of the remaining closing conditions under the Merger Agreement.
  • As of October 7, 2024, four patients have been dosed in Kintara's open label 15-patient REM-001 study (the "REM-001 Study") in cutaneous metastatic breast cancer (CMBC). The majority of the costs to run the REM-001 Study will be covered by the $2.0 million Small Business Innovation Research grant Kintara was awarded from the National Institutes of Health.
  • 正如此前披露的,2024年4月Kintara达成了与TuHURA Biosciences, Inc.("TuHURA")的最终合并协议("Merger Agreement"),TuHURA是一家处于第3阶段登记阶段的免疫肿瘤学公司,正在开发新技术,以克服癌症免疫疗法的抗药性,以及Kintara的全资子公司Kayak Mergeco, Inc.,其中Kayak Mergeco将与TuHURA合并,TuHURA作为合并的幸存公司并成为Kintara的直接全资子公司("Merger")。
  • 在2024年10月4日举行的Kintara股东特别会议上,Kintara的股东批准了必要的提案,以完成与TuHURA提议的合并。预计合并将在2024年10月中旬完成,前提是满足合并协议下剩余的关闭条件。
  • 截至2024年10月7日,Kintara在表皮转移性乳腺癌(CMBC)中进行的15名患者开放式标签REm-001研究("REm-001 Study")中已有四名患者接受了剂量。运行REm-001研究的大部分成本将由Kintara从国家卫生研究院获得的200万美元中小企业创新研究拨款支付。
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