CytoTherapeutics sells cell technology to Neurotech SA
Executive Summary
CytoTherapeutics, in exchange for a (uf)$3mm up-front payment and sales royalties, has sold Neurotech SA (start-up focusing on cell therapies for neurological and retinal disorders) its encapsulated cell technology (ECT). CytoTherapeutics will also receive revenues from third parties to which Neurotech outlicenses the technology, and retains nonexclusive rights to use ECT both in combination with its stem-cell technology and for developing vaccines for infectious diseases.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
-
Drug Delivery
- Site Specific
-
Drug Delivery
-
Biotechnology
- Gene Therapy, Cell Therapy
- Large Molecule
Deal Status
- Final
Deal Type
-
Alliance
- Includes Contract
- Marketing (Licensing)
- Product Purchase
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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