CHM 11.1% 2.0¢ chimeric therapeutics limited

CHM-The only ASX listed CAR-T comp with 2/3 human trials, page-6

  1. 1,395 Posts.
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    ALA now ~5x the market cap of CHM.

    It makes no sense!

    ALA are still at the pre-clinical stage. IMU have their own CD19 directed off-the-shelf cell therapy, close to starting a registrational trial. They don't have an urgent need for ALA.

    Meanwhile CHM have multiple CAR-T and NK cells in clinical trials, with more novel targets in the pipeline.

    Why such a huge mismatch? I know CHM is far more expensive to run. But that is the nature of clinical stage cell therapy companies. Is the value of ALA all down to it's manufacturing IP?
 
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