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Hoth signs term sheet for Zylo's AEA-loaded Z-pods for CLE; later gains NA rights

Executive Summary

Hoth Therapeutics Inc. and Zylo Therapeutics Inc. signed a non-binding term sheet to partner on the development of a treatment for cutaneous lupus erythematosus (CLE), a chronic autoimmune skin disease, using Zylo's Z-pods sustained-release is a topical delivery system (also known as the Patchless Patch), to which Hoth could potentially get a license.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
      • Topical Delivery
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Contract
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • Intra-Biotech Deal
    • R&D and Marketing (Licensing)

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