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CHAMS-EV is an investigational **allogeneic exosome-based therapy** being developed by CHA Biotech for regenerative indications including corneal diseases, burns, and interstitial cystitis. The product appears to be a cell-derived extracellular vesicle biologic intended to deliver reparative and regenerative paracrine signals to injured tissues rather than acting through a single defined molecular target. Based on the company pipeline information provided, CHAMS-EV is being advanced in **Phase 1/2** development as an off-the-shelf exosome therapy program.
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