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Kahr Medical: Secures $18M in Funding Round | Fintech InShorts: Latest fintech news, analysis by experts

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Kahr Medical: Secures $18M in Funding Round

By Steve Sam

February 25, 2020

Kahr Medical: Secures $18M in Funding Round

KAHR Medical Ltd., a Jerusalem, Israel-based biopharmaceutical company developing a novel drug platform based on bi-functional
The money will fund early-phase development of a CD47x4-1BB bispecific that Kahr plans to test as a single agent
Then the round completion is subject to customary closing conditions and expected to occur early next month
Proceeds will used for advancing the company’s immuno-oncology drug candidates including the clinical development of its lead product
That hypothesis untested in humans, but Kahr now has the means to start validating the idea

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