Chordia Therapeutics (TYO:190A) has been selected to receive a 30 million yen grant for the fiscal year ending March 2026, stemming from a subcontract research and development agreement with Kyoto University, according to Tokyo bourse filing on Thursday.
This funding is for a non-clinical study on novel therapeutic agents for refractory tumours with RNA splicing mutations, under the Japan Agency for Medical Research and Development's (AMED) Research Project for Innovative Cancer Therapy Application.
While this grant will be recorded as non-operating income, it is not expected to impact Chordia's business forecast for the current fiscal year.
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