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Precision BioSciences Completes Strategic Transaction with Imugene for Azer-Cel in Cancer

- Precision Eligible to Receive up to $227 Million in Upfront Economics and Milestone Payments for Azer-Cel in Addition to Double-Digit Royalties on Sales- Imugene to Assume Control of Precision’s Cell Therapy Infrastructure in Pursuit of Biologics License Application for Azer-Cel in LBCL Patients who Relapse Follow.

Michael-amoroso
Azercabtagene-zapreleucel
Leslie-chong
Securities-exchange
Precision-biosciences-inc
Exchange-commission
Imugene-limited
Nasdaq
Upfront-economics
Milestone-payments
Double-digit-royalties
Assume-control

Precision BioSciences (DTIL) Completes Strategic Transaction with Imugene for Azer-Cel in Cancer

Precision BioSciences (DTIL) Completes Strategic Transaction with Imugene for Azer-Cel in Cancer
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Michael-amoroso
Leslie-chong
Precision-biosciences-inc
Imugene-limited
Nasdaq
Precision-biosciences
Chief-executive-officer
Managing-director
Precision-bioscience

Why Is Precision BioSciences Stock Soaring Today? - Precision BioSciences (NASDAQ:DTIL)

Precision BioSciences Inc (NASDAQ: DTIL) announced the completion of a strategic transaction with Imugene Limited for global rights to Azercabtagene Zapreleucel (azer-cel), Precision's lead allogeneic CAR T candidate, 

Michael-amoroso
Azercabtagene-zapreleucel
Precision-biosciences-inc
Imugene-limited
Precision-biosciences
Chief-executive-officer

Precision Bio Offloads Lead Cell Therapy Program in Pivot to In Vivo Gene Editing

Imugene gains global rights to Precision BioSciences’ most advanced program, an allogeneic cell therapy for advanced cases of blood cancer. Precision will now focus on in vivo gene editing therapies, some of which is partnered with Novartis and Eli Lilly.

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