Mitsubishi Seeks To Revoke Kolon Gene Therapy Deal But Damage Limited?
Executive Summary
Mitsubish Tanabe has sought to cancel the license agreement for Kolon Life Science's Invossa, clouding the South Korean firm’s global ambitions for the allogeneic cell mediated gene therapy. However, analysts don’t anticipate a big hit for Kolon even if the deal falls through given that the cancellation demand is not linked to Invossa’s efficacy.
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