TransCode Therapeutics to Receive Third Year NIH Grant to Support Clinical Evaluation of TTX-MC138

April 5, 2023

(24/7 MARKET NEWS) – TransCode Therapeutics, Inc. (NASDAQ:RNAZ) announced, this morning, that the NIH awarded it the third year of a Fast-Track Small Business Innovation Research (SBIR) grant, valued at nearly $871,000, to support the clinical evaluation of TTX-MC138, TransCode’s lead therapeutic candidate for the treatment of advanced solid tumors.

TransCode Therapeutics is trading at $0.34, up $0.01 (+2.84%), on 820 thousand premarket shares.

Its 52-week trading range is $0.281 to $3.08. Its next key resistance are 37 and 40 cents. If it can break though those, on strong trading volume, it may try to challenge the 50+ cent trading level.

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