Google Next Investors “Licence to Kill”
It’s free to sign up. Very good write up on ALA. What’s interesting is the content related to CarT therapies and to IMU’ s agreement with ALA.
“Given historical difficulties encountered in treating solid tumours - ALA’s strategy of licensing from the best seems a sound one here.
It’s another string to the bow for ALA - as the company builds out an expanding arsenal of cancer fighting technologies.
Here’s our quick takeaways from today’s ALA announcement
- The data is positive and justifies ALA’s move to exclusively licence it - mice that had a solid tumour and were treated using this tech survived in much greater numbers over a 60 day period.
- The tech comes from a highly esteemed research program - the tech comes from one of the foremost experts in the specialised field that ALA works in.
- The terms of the deal won’t incur any upfront costs to ALA - we think this is another well worked commercial agreement that won’t impact ALA’s cash burn as it approaches a Phase 1 clinical trial this year for blood cancer.
- It de-risks ALA’s preclinical work on solid tumours - animal studies (mice) are usually the precursor to a move into human trials in a Phase 1 study. So this potentially clears a hurdle for the solid tumour side of ALA’s research.
- Potential benefits for Solid Tumour Therapy (partnership with Imugene) - this is important. Today’s announcement indicated that the armouring technology may be able to be combined with the Solid Tumour Therapy that ALA is developing with the $716M capped Imugene.”
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