other material
confidence high
sentiment neutral
materiality 0.65
Sesen Bio merger partner Carisma appoints Moderna CSO Lin Guey to SAB; merger on track for Q1 2023
Carisma Therapeutics Inc.
- Carisma Therapeutics appointed Lin Guey, PhD (Chief Scientific Officer of Moderna's External Research Ventures) to its Scientific Advisory Board.
- Dr. Guey oversees Moderna's partnership with Carisma to develop in vivo engineered CAR-M therapies for cancer.
- Merger between Sesen Bio and Carisma expected to close in Q1 2023, subject to stockholder approval and other conditions.
- Carisma expects additional preclinical proof-of-concept data for its CAR-M therapy in Q1 2023.
- Moderna will fully fund R&D for up to 12 oncology targets under its collaboration with Carisma.