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Protara Therapeutics, Inc. - $TARA STOCK NEWS

Welcome to our dedicated page for Protara Therapeutics news (Ticker: $TARA), a resource for investors and traders seeking the latest updates and insights on Protara Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Protara Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Protara Therapeutics, Inc. announced positive three-month data from TARA-002 clinical program in NMIBC, aligned with FDA on IV Choline Chloride path forward, and closed $45.0 million private placement. Cash resources expected to fund operations into 2026. Financially, cash, cash equivalents, and investments total $55.2 million, with $7.7 million increase in R&D expenses and $4.1 million decrease in G&A expenses for Q1 2024.

Rhea-AI Impact
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End-of-Day
-1.37%
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Rhea-AI Summary
Protara Therapeutics, Inc. (TARA) announces a private placement financing, expecting to raise approximately $45 million to fund operations until 2026. The company plans to use the proceeds for general corporate purposes, including clinical trials and product development.
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End-of-Day
8.96%
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none
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Rhea-AI Summary
Protara Therapeutics, Inc. announces FDA alignment for IV Choline Chloride development, expanding patient population. IV Choline Chloride aims to be the first FDA-approved IV choline therapy for PN patients, addressing choline deficiency in approximately 80% of PN-dependent patients. The company plans to start a registrational trial in the first half of 2025.
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8.96%
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Rhea-AI Summary
Protara Therapeutics, Inc. (TARA) announces positive data from TARA-002 trials in NMIBC, showing a complete response rate of 43% in BCG-Unresponsive/Experienced patients and 63% in CIS-only patients at three months. The company also highlighted a favorable safety profile with no Grade 3 or greater adverse events. Preliminary data from six-month evaluable patients in the ADVANCED-2 trial is expected in the second half of 2024.
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End-of-Day
8.96%
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none
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Rhea-AI Summary
Protara Therapeutics, Inc. announces preliminary results from ADVANCED-1EXP trial evaluating TARA-002 in NMIBC patients with CIS and expects data from ADVANCED-2 trial in 2024. The company has $66M in cash to fund operations until Q2 2025. Financial results show increased R&D expenses but reduced net loss compared to the previous year.
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2.24%
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Protara Therapeutics, Inc. (TARA) to participate in a fireside chat at the TD Cowen 44th Annual Health Care Conference. The live webcast can be accessed on the company's website.
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-7.45%
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conferences
Rhea-AI Summary
Protara Therapeutics, Inc. (Nasdaq: TARA) announced its participation in two upcoming investor conferences, including the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference and the Oppenheimer 34th Annual Healthcare Life Sciences Conference. The company will hold fireside chats at these events, with a live webcast available on their website.
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-4.85%
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conferences
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Rhea-AI Summary
Protara Therapeutics, a clinical-stage company (Nasdaq: TARA), released encouraging data from the Phase 1a dose-escalation component of its ADVANCED-1 clinical trial of TARA-002 for high-grade non-muscle invasive bladder cancer. The study showed favorable tolerability, anti-tumor activity, and high-grade recurrence-free survival. The company also announced the commencement of the ADVANCED-2 trial for further evaluation of TARA-002.
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-2.68%
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Protara Therapeutics announces progress in clinical trials for TARA-002, with preliminary results expected in 1H24. The company also initiates a Phase 2 trial for TARA-002 in Lymphatic Malformations. Cash, cash equivalents, and investments as of September 30, 2023, are $74M, expected to fund operations into Q2 2025.
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11.57%
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Protara Therapeutics has announced the initiation of the Phase 2 STARBORN-1 trial for TARA-002, an investigational cell-based immunopotentiator, in pediatric patients with lymphatic malformations (LMs). The trial aims to evaluate the safety and efficacy of TARA-002 in treating macrocystic and mixed cystic LMs. TARA-002 is based on the immunopotentiator OK-432, which has been approved in Japan and Taiwan for LMs.
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-3.89%
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Protara Therapeutics, Inc.

Nasdaq:TARA

TARA Rankings

TARA Stock Data

59.09M
6.50M
16.59%
44.16%
0.57%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
Link
United States of America
NEW YORK

About TARA

protara therapeutics, inc., a clinical-stage company, engages in the identifying and advancing transformative therapies for people with rare and specialty diseases. the company's lead program is tara-002, an investigational cell therapy for the treatment of lymphatic malformations. it also develops intravenous choline chloride, an investigational phospholipid substrate replacement therapy for the treatment of intestinal failure associated liver disease. the company was formerly known as artara therapeutics, inc. and changed its name to protara therapeutics, inc. in may 2020. protara therapeutics, inc. is based in new york, new york.