resTORbio Provides Corporate Update and Reports Second Quarter 2020 Financial Results
RESTORBIO (TORC)
Last restorbio earnings: 3/12 07:30 am
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US:NASDAQ Investor Relations:
ir.restorbio.com/investor-resources/investor-faqi
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Source: GlobeNewswire
BOSTON, July 30, 2020 (GLOBE NEWSWIRE) -- resTORbio, Inc. (Nasdaq: TORC), a clinical-stage biopharmaceutical company developing innovative medicines that target the biology of aging to prevent or treat aging-related diseases, today provided a corporate update and reported financial results for the second quarter ended June 30, 2020. “We continue to work towards completion of our planned merger with Adicet Bio, which is expected to close in the second half of 2020,” said Chen Schor, Co-Founder, President and CEO of resTORbio. “We believe that the newly combined company will be well positioned to generate greater shareholder value through the continued efforts of developing and ultimately bringing to market off-the-shelf allogeneic gamma delta T cell therapies for oncology and other diseases.” Recent Corporate Highlights Entered into a definitive merger agreement with Adicet Bio, Inc. (“Adicet Bio”) to advance allogeneic gamma delta CAR-T cell technology In April 2020, resTORbio,
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