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Indaptus Therapeutics, Inc. (Nasdaq: INDP) reported first quarter 2024 financial results and provided a corporate update, highlighting progress in its clinical development plans. The company announced positive results from its Phase 1 clinical trial of Decoy20 and plans to present a poster at the American Society of Clinical Oncology (ASCO) Annual Meeting in June 2024. Financially, research and development expenses decreased by 15%, general and administrative expenses decreased by 9%, and loss per share improved. The company had cash and cash equivalents of $9.7 million as of March 31, 2024, with a cash runway expected to support operations through the third quarter of 2024.