Prescient Amends Key Term in Its CAR-T Collaboration- Outright Owner of New IP

  • May 11, 2020 AEST
  • Team Kalkine

ASX-listed clinical stage oncology company Prescient Therapeutics Limited (ASX:PTX) revealed that the Company has amended a key term in its collaboration arrangement with Carina Biotech.

PTX disclosed that it has negotiated to be the complete owner of any new IP resulting from collaboration. PTX would carry the sole cost of the project, which is within its current budget.

Post announcement shares of PTX climbed by 6.383% to $0.050 on 11 May 2020 (at AEST 11:17 AM).

 


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