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Stock impact report

Nkarta: NK Cell Therapy Advancement On Two Fronts [Seeking Alpha]

Nkarta, Inc. (NKTX) 
Company Research Source: Seeking Alpha
The global non-Hodgkin's Lymphoma market is expected to reach $20 billion by the end of 2036. NKX019 is also being used to target patients with autoimmune disorders like Lupus Nephritis; the first patient in the phase 1 study is to be dosed in 1st half of 2024. Nkarta had $250.9 million in cash as of December 31, 2023, to fund its operations into 2026. Despite this cash runway, a public offering of $240 million was expected to close in March 2024. Looking for more investing ideas like this one? Get them exclusively at Biotech Analysis Central. Learn More » Nkarta, Inc. NASDAQ: NKTX ) is gearing up to report results from its phase 1 study, using NKX019 for the treatment of patients with relapsed/refractory non-Hodgkin's lymphoma [NHL]. Such data is going to be released by mid-2024 and will determine if this biotech is going to continue to advance the use of this particular natural killer [NK] cell therapy to target this r/r patient population. This is crucial because the compa Show less Read more
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