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Tango Therapeutics Announces Discontinuation of TNG348 Program [Yahoo! Finance]

Tango Therapeutics, Inc. (TNGX) 
Company Research Source: Yahoo! Finance
– Cash runway extended into 2027, PRMT5 and CoREST clinical programs remain on track – BOSTON, May 23, 2024 BUSINESS WIRE )--Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced that it will discontinue development of its TNG348 program. "Patient safety is always our first priority and based on emerging data from the TNG348 dose escalation study, we have made the decision to discontinue further development of this molecule due to liver toxicity experienced by patients in the trial. While disappointing, we believe this is the right decision given the data at hand," said Barbara Weber, M.D., President and Chief Executive Officer of Tango Therapeutics. "We will focus resources and capital on our existing portfolio, particularly our PRMT5 program. We remain committed to and confident in our ability to deliver a comprehensive clinical update on TNG908 a Show less Read more
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