Chimeric Therapeutics (CHM) Status Update summary
Event summary combining transcript, slides, and related documents.
Status Update summary
12 Nov, 2025Clinical trial progress and results
Four phase I clinical trials are active in the U.S., with significant data and multiple updates expected in the next 12 months.
The CDH17 CAR-T trial is recruiting at four US sites, with patient demand exceeding budget capacity and five on the waiting list.
Seven successful manufacturing runs have been completed, and patients 8-10 are entering screening.
Dose Level 1 showed stable disease in two patients, minor progression in one, and expected progression in another, with no off-target effects observed.
FDA clearance was obtained to proceed to Dose Level 2 (150 million cells), with three patients ready for dosing and 28-day monitoring.
CHM CORE-NK and ADVENT-AML updates
The ADVENT-AML trial at MD Anderson is progressing, with two of three patients achieving a complete response with incomplete blood count recovery.
The response rate in this small group is 66%, higher than the typical 33% for standard care.
CHM CORE-NK is an off-the-shelf NK cell therapy with ongoing Phase 1B trials in AML and CRC, showing no cytokine release syndrome or GvHD.
NK cells remain active for 60-90 days, and additional patients are being dosed as momentum builds.
Partner institutions MD Anderson and Case Western are supporting the majority of trial costs.
Financial and operational update
Recent capital raises include a $4 million non-dilution grant and AUD 6.6 million from institutional investors, improving financial stability.
Operational costs have been significantly reduced, with a lean team of four experts and minimal outsourcing.
Most spending is focused on generating clinical data, with 60% allocated to the CDH17 program.
The board and team have taken pay cuts to support budget constraints.
Market cap approximately $1.6B with IPO in 2021.
Latest events from Chimeric Therapeutics
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NWR Virtual Healthcare Conference25 Mar 2026 - Loss widened on asset impairment; $8.4M raised, but going concern risk persists.CHM
H1 20268 Mar 2026 - Early clinical results show safety and disease control, with new funding fueling trial expansion.CHM
NWR Virtual Healthcare Conference26 Dec 2025 - Financial and clinical resolutions passed with strong support; risks and milestones addressed.CHM
EGM 202516 Nov 2025 - Cell therapy trials show strong safety, tumor shrinkage, and >50% response rates in AML.CHM
Investor Update21 Oct 2025 - Early CDH17 CAR-T trial data show anti-tumor activity and no safety issues in 8 patients.CHM
Study Update9 Sep 2025 - Clinical milestones achieved, net loss reduced, but future funding remains a key uncertainty.CHM
H2 20257 Sep 2025 - Early anti-tumor activity and safety confirmed for CHM CDH17 at higher dose in GI cancer trial.CHM
Study Update3 Aug 2025 - Advancing innovative CAR-T and NK cell therapies with promising early clinical outcomes.CHM
EGM Presentation 202413 Jun 2025