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Race Oncology Secures $3.22m to Launch HARNESS-1 Lung Cancer Trial

9:07am on Tuesday 9th of December, 2025 AEDT Healthcare
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Race Oncology Secures $3.22m to Launch HARNESS-1 Lung Cancer Trial

9:07am on Tuesday 9th of December, 2025 AEDT
Key Points
  • Raised $3.22 million via private placement at a 6% premium
  • Funding supports HARNESS-1 Phase 1a/b trial of RC220 with Tagrisso
  • Trial received ethics approval; patient enrolment to start early Q1 2026
  • CEO and shareholders committed to early option conversions to secure funding
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