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Factor Bioscience and Eterna Therapeutics Announce Exclusive License and Collaboration Agreement to Accelerate Cell Therapy Development for Oncology, Autoimmune, and Rare Diseases [Yahoo! ...

Eterna Therapeutics Inc. (ERNA) 
Company Research Source: Yahoo! Finance
CAMBRIDGE, Mass. Oct. 17, 2024 "We are excited to collaborate with Factor to unlock the full potential of these transformative cell therapies," said Sanjeev Luther , Eterna's President & CEO. "Our focus at Eterna has always been on developing transformative treatments for patients with difficult-to-treat diseases, and we believe this collaboration agreement increases our potential to rapidly advance therapies that target solid tumors, rare diseases, and autoimmune disorders." Factor and Eterna will collaborate on data generation that seeks to demonstrate efficacy of the licensed drug candidates for development towards IND by Eterna directly or with third-party sublicensees. As part of the agreement, Factor is entitled to receive milestone payments per product candidate, as well as post-commercialization royalties. "We are thrilled to support Eterna's pipeline of advanced cell therapy product candidates," said Matt Angel , Ph.D., CEO of Factor. "Eterna's team has deep translatio Show less Read more
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