CARGO Therapeutics (CRGX) Provides Corporate Update
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CARGO Therapeutics Provides Corporate Update
March 18, 2025 4:05 PM EDT- Development of CRG-023 and allogeneic platform suspended; further reduction in force (RIF) of approximately 90% to preserve cash and maximize shareholder value -
- CARGO had cash, cash equivalents and marketable securities of $368.1 million as of December 31, 2024 -
- Anup Radhakrishnan appointed as interim CEO to pursue reverse merger or other business combination -
SAN CARLOS, Calif., March 18, 2025 (GLOBE NEWSWIRE) --... More
