TransCode <a href="https://laohu8.com/S/LENZ">Therapeutics</a> acquires Polynoma and secures 25 million investment from CK Life Sciences
TransCode Therapeutics has acquired 100% of the issued and outstanding interests of Polynoma from CK Life Sciences, expanding its oncology pipeline. As part of the transaction, CK Life Sciences is making a $25 million strategic equity investment in TransCode. The acquisition brings Polynoma's Phase 3-ready seviprotimut-L, a novel polyvalent shed antigen vaccine for the adjuvant treatment of melanoma, into TransCode's portfolio alongside its microRNA-based candidate, TTX-MC138, which targets microRNA-10b in metastatic cancer. Philippe Calais, PharmD, PhD, has been appointed Chief Executive Officer while remaining Chairman of the Board. Tom Fitzgerald will continue as Chief Financial Officer, and Elizabeth Czerepak, MBA, joins as an independent board member and Chairperson of the Audit Committee. The integration of Polynoma's team is expected to strengthen TransCode's clinical and development capabilities.
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