On September 2, 2021 Chimeric Therapeutics (ASX:CHM, "Chimeric" or the "Company"), a clinical-stage cell therapy company, reported that it has entered a strategic partnership with OncoBay Clinical to provide comprehensive research support to advance and expand the clinical development program for CHM 1101 (CLTX CAR T) (Press release, Chimeric Therapeutics, SEP 2, 2021, View Source [SID1234587228]).
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CHM 1101 (CLTX CAR T) is currently being evaluated in a single-site phase 1 clinical trial. This new partnership with OncoBay Clinical will enable the expansion of the program to additional clinical trial sites and aggregate the data from all sites to prepare for the registration phase 2 program. The expansion of this program will take place under Chimeric’s recent IND clearance from the FDA for CHM 1101.
OncoBay Clinical is a first-of-its-kind immuno-oncology CRO specializing in rare and complex oncology indications including cellular therapies. A boutique CRO, OncoBay Clinical is a wholly owned for-profit subsidiary of Moffitt Cancer Center. Through direct partnership, OncoBay Clinical is able to leverage the support of Moffitt’s top scientific advisors, imbedding scientific expertise into every project team and creating "vein-to-vein" control of cell therapy trials.
"OncoBay is a natural partner for us, building upon the cell therapy expertise of our team," said Jennifer Chow, CEO of Chimeric Therapeutics. "With its experience managing the complexity of cell therapy research programs and scientific support from the Moffitt Cancer Center, we believe that the team at OncoBay is uniquely positioned to support the expansion of the CHM 1101 (CLTX CAR T) development program."
"We are excited to be partnering with Chimeric on the development of CHM 1101," said Krystyna Kowalczyk, President and CEO of OncoBay Clinical. "We are confident that our proven ability to succeed in managing the complexities of cell therapy research will enable the accelerated development of Chimeric’s CHM 1101 program."
Authorised on behalf of the Chimeric Therapeutics board of directors by Chairman Paul Hopper.