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AdAlta Raises A$2.5M to Advance CAR-T Therapy BZDS1901 with FDA and Manufacturing Milestones

10:14am on Monday 4th of May, 2026 AEST Biotechnology
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AdAlta Raises A$2.5M to Advance CAR-T Therapy BZDS1901 with FDA and Manufacturing Milestones

10:14am on Monday 4th of May, 2026 AEST
Key Points
  • A$2.5 million placement at A$0.004 per share with attaching options
  • Funds to support US FDA pre-IND guidance and Australian manufacturing transfer
  • BZDS1901 shows rare complete tumour clearance in advanced mesothelioma patients
  • Geopolitical shifts increase value of Australian manufacturing and regulatory platform
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