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Purple Biotech Achieves Manufacturing Milestone, Anticipates Cash Runway into 2027.
ByAinvest
Friday, Nov 14, 2025 8:08 am ET1min read
• Purple Biotech initiates CAPTN-3 tri-specific antibody development • Manufacturing milestone achieved for IM1240, first tri-specific 5T4-targeting antibody • $10.5 million cash position as of September 30, 2025, with cash runway into H1 2027 • Cash supports CAPTN-3 technology platform development through significant milestones
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