Gamida Cell to go private; Stoke aims to raise $75M

27 Mar 2024
Cell TherapyDrug ApprovalImmunotherapyAccelerated ApprovalClinical Study
Plus, news about a TUDCA study, PDS Biotechnology and Allarity Therapeutics:
Gamida Cell to go private: The commercial-stage cell therapy biotech will no longer trade on the Nasdaq after Highbridge Capital Management, its principal lender, restructures the company. The penny stock $GMDA was down 84% in Wednesday trading. Gamida secured FDA approval for its cell therapy Omisirge in April. Then, in January, it said it was “actively pursuing” alternative routes to keep going. — Kyle LaHucik
Gamida Cell to go private; Stoke aims to raise $75M
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Source: EndPoints
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