ALA 4.35% 12.0¢ arovella therapeutics limited

compliments of chatgpt...Summary:Arovella Therapeutics has...

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    Summary:Arovella Therapeutics has obtained a global, exclusive license from the University of North Carolina Lineberger Comprehensive Cancer Center for a novel cytokine technology (IL-12-TM) to enhance its CAR-iNKT cell therapy platform for solid tumors. Developed by Professor Gianpietro Dotti, this technology shows a ten-fold increase in circulating CAR-iNKT cell numbers in animal models, significantly improved anti-tumor activity, and enhanced overall survival. IL-12-TM, a modified version of interleukin 12, is designed to be anchored to CAR-iNKT cells, promoting their proliferation, survival, and effectiveness against tumor cells. The technology is expected to complement Arovella's CLDN18.2 program for gastric and pancreatic cancers. The license terms include no upfront fee, annual maintenance fees, milestone payments, and low single-digit royalties. Arovella plans to integrate IL-12-TM into its existing programs, differentiating its CAR-iNKT cell platform from others in the field. The technology demonstrates promise across various tumor types and may have applications in collaboration with Imugene's oncolytic virus platform. The licensing agreement includes provisions for research, clinical trials, milestone payments, and termination conditions. Arovella is positioned as the sole CAR-iNKT cell company incorporating IL-12-TM, providing a unique advantage in the development of cancer therapies.
 
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