InvestorNOR
Oct 30, 3:00 PM
$CMMB $ARTV For those out of the loop:
Artiva had to discontinue their entire pipeline after their RA drug failed Phase 2 and there was some deaths to patients.
They are now without a pipeline, and is seeking strategic opportunities.
They have unlike going concern crappy Scipher Medicine, cash.
$300M which was collected to develop RA.
And they have expertize in clinical trials, looking to cut 95% of their workforce.
They had RA and SSc in the pipeline. That is now dead. nebokitug from Chemomab Therapeutics have Phase 2 for RA soon, they have IND for SSc clear, they have Phase 3 alignment with FDA for PSC, with Orphan status and Fast Track designation.
Artiva have the expertise to run trials, they can develop nebokitug, without firing the people. They have
$300M cash and can run PSC.
Its a match made in heaven. Artiva wants a new IP, Chemomab wants a partner. Leerink have run outreach for Chemomab in 2024, they now run Artiva`s search for a partner. This is perfect.
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