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0.0287221095334685 0.0223529411764706 0.0145638945233265 0.00993914807302221 0.0222718052738336 0.0709939148073021 0.0710344827586207 0.0422312373225152
Stock impact report

Tevogen Bio Signs Letter of Intent With CD8 Technology to Build Up to a $50 Million R&D and Manufacturing Facility; No Impact on Shareholder Equity

Tevogen Bio Holdings Inc. (TVGN) 
Company Research Source: GlobeNewswire
CD8 Technology Services, LLC (“CD8 Technology”) to provide turn-key facility for Tevogen BioReinforces Tevogen Bio’s commitment to preserving shareholder valueExpected to further enhance Tevogen Bio’s ambitious growth agenda WARREN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Tevogen Bio (“Tevogen” or “Tevogen Bio Holdings Inc.”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, took significant steps toward expanding R&D and manufacturing capabilities. The proposed facility is intended to support both pre-clinical research and GMP manufacturing capabilities, staffed by Tevogen. “By overcoming significant capital and time barriers of entry needed to build GMP capabilities at scale, this venture is expected to significantly expedite both research and manufacturing,” said Ryan Saadi, CEO of Tevogen Bio. “This facility will be instrumental in advancing our mission Show less Read more
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