Kalaris Therapeutics (KLRS) Closes Merger with AlloVir

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Kalaris Announces Closing of Merger with AlloVir

March 18, 2025 4:21 PM EDT

Kalaris is focused on developing TH103, a novel, differentiated anti-VEGF agent engineered to potentially provide longer-lasting and increased anti-VEGF activity to treat neovascular and exudative diseases of the retina

Currently enrolling nAMD patients in a Phase 1 trial, with initial data from Part 1 of the trial expected in the second half of 2025

Post-transaction cash of approximately $100 million expected to fund
operations into the fourth quarter of 2026

Shares expected to trade on Nasdaq under KLRS, effective March 19, 2025

PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Kalaris Therapeutics, Inc.... More