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CMMB Positive Sentiment Score: 75/100

Chemomab Therapeutics to Report Third Quarter 2024 Financial Results and Provide a Business Update

Key Takeaway: Chemomab Therapeutics Ltd. will release its third quarter 2024 financial results on November 14, 2024. The company is developing CM-101, a monoclonal antibody for fibrotic diseases, which has shown promising results in past clinical trials. Chemomab anticipates key milestones early in 2025 for its ongoing PSC trial, including FDA feedback and further data. Investors can contact the company for more details after the results are published.

Market Sentiment Analysis

POSITIVE FACTORS

  • Chemomab is developing innovative therapeutics for fibro-inflammatory diseases.
  • CM-101 has shown promising results in clinical trials and has a favorable safety profile.
  • The company expects significant milestones in early 2025 regarding its PSC trial.

Full Press Release Details

TEL AVIV, Israel, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Chemomab Therapeutics Ltd. (Nasdaq: CMMB) (“Chemomab” or the “Company”), a clinical stage biotechnology company developing innovative therapeutics for fibro-inflammatory diseases with high unmet need, today announced the company will issue a press release reporting its third quarter 2024 financial results and providing a business update on November 14, 2024, at 7:00 am Eastern Time.
Investors who would like to discuss the financial results or business update after the press release has been issued are invited to contact the company at IR@chemomab.com.
About Chemomab Therapeutics Ltd.
Chemomab is a clinical stage biotechnology company developing innovative therapeutics for fibro-inflammatory diseases with high unmet need. Based on the unique role of the soluble protein CCL24 in promoting fibrosis and inflammation, Chemomab developed CM-101, a first-in-class dual activity monoclonal antibody that neutralizes CCL24 activity and has demonstrated disease-modifying potential. In clinical and preclinical studies, CM-101 has been shown to have a favorable safety profile and has been generally well-tolerated, with the potential to treat multiple severe and life-threatening fibro-inflammatory diseases. Chemomab has reported positive results from four clinical trials of CM-101 in patients. Based on recent promising data from its Phase 2 SPRING trial in the rare liver disease primary sclerosing cholangitis (PSC), the company expects two milestones in early 2025, including FDA feedback on the design of its planned PSC Phase 3 registrational trial and data from the SPRING trial open label extension. CM-101 has received FDA and EMA Orphan Drug and FDA Fast Track designations for PSC. Chemomab’s CM-101 program for the treatment of systemic sclerosis is Phase 2-ready with an open U.S. IND. For more information, visit: chemomab.com.
Chemomab Therapeutics
Consulting Vice President
Investor & Public Relations,
Strategic Communications
Phone: +1 917-355-9234

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Frequently Asked Questions

When will Chemomab release its Q3 2024 financial results?

Chemomab will announce its Q3 2024 financial results on November 14, 2024.

What is CM-101 developed by Chemomab?

CM-101 is a first-in-class monoclonal antibody that targets CCL24 to treat fibrotic diseases.

What designations has CM-101 received for PSC?

CM-101 has been granted FDA and EMA Orphan Drug and Fast Track designations for PSC.

What will Chemomab report in early 2025?

Chemomab plans to report FDA feedback and data from its Phase 2 SPRING trial in early 2025.

Last updated: Oct 30, 2024