Ziopharm Rebrands As Alaunos Therapeutics

Ziopharm Ocology Inc (NASDAQ: ZIOP) has rebranded itself and has changed its name to Alaunos Therapeutics Inc.

• The Company will trade on NASDAQ under the new ticker symbol "TCRT" to be effective tomorrow.

• Along with the name change, the Company amended Phase 1/2 IND to add four additional T-cell receptors (TCRs) to its library, increasing the number of eligible patients for the clinical trial.

• Related: Ziopharm Shares Are Trading Lower After Slashing Workforce By Over 50%.

• Phase 1/2 TCR-T library trial targeting KRAS, TP53, and EGFR mutations across six solid tumor indications is open for enrollment at Texas' MD Anderson Cancer Center.

• Dosing is expected to start in 1H of 2022.

• Additionally, to streamline operations, the Company has closed its Boston office. Alaunos will be headquartered in Houston.

• Price Action: ZIOP shares are up 1.02% at $0.88 during the market session on the last check Wednesday.

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