Purple Biotech Unveils Promising Cancer Treatment Developments in September 2025 Update
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Purple Biotech (PPBT) announced advancements in oncology therapies on September 15, 2025, highlighting two first-in-class drugs in Phase 2 trials, CM24 and NT219. The company has a cash balance of $10.5 million, ensuring financial stability into the first half of 2027. Analyst ratings are mixed, with a Buy rating and a $34.00 price target, while Spark's AI Analyst rates it as Underperform due to financial challenges and unattractive valuation metrics. Purple Biotech focuses on developing innovative cancer treatments with high unmet medical needs.
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