Third Harmonic Bio Says Data From Its Phase 1 Trial Of THB335 In Healthy Volunteers Supports The Advancement Into A Phase 2 Trial In Chronic Spontaneous Urticaria; The Company Is Initiating A Strategic Review Process To Run In Parallel With Phase 2 Readiness Activities To Identify Opportunities To Maximize Shareholder Value
Author: Benzinga Newsdesk | February 11, 2025 08:09am
THB335 Phase 1 data support advancement into Phase 2 clinical trial in chronic spontaneous urticaria (CSU)
Company initiating process to leverage balance sheet strength to maximize shareholder value
Cash and cash equivalents of approximately $285 million as of December 31, 2024 (unaudited)