BRIEF-Molecular Templates Approved Liquidation & Wind Up Through A Dissolution

Reuters
12 Oct 2024

Molecular Templates Inc :

* MOLECULAR TEMPLATES: APPROVED LIQUIDATION & WIND UP THROUGH A DISSOLUTION

* MOLECULAR TEMPLATES: CONTINUING TO PURSUE STRATEGIC ALTERNATIVES AND POTENTIAL FUNDING SOURCES

* MOLECULAR TEMPLATES: INTENDS TO CALL SPECIAL MEETING OF STOCKHOLDERS TO SEEK APPROVAL OF PLAN OF DISTRIBUTION

* MOLECULAR TEMPLATES: PLANS TO WIND DOWN PHASE 1 CLINICAL STUDIES FOR MT-6402 AND MT-8421

* MOLECULAR TEMPLATES: TO CONTINUE DISCUSSIONS WITH FDA WITH RESPECT TO MT-0169 FOR AUTOIMMUNE INDICATIONS

* MOLECULAR TEMPLATES INC: APPROVED A REDUCTION IN FORCE OF SUBSTANTIALLY ALL OF COMPANY'S EMPLOYEES

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