other material
confidence high
sentiment positive
materiality 0.60
Lisata grants Catalent non-exclusive license for certepetide ADC payload; up to $10.5M milestones
LISATA THERAPEUTICS, INC.
- Granted Catalent non-exclusive license to use certepetide as ADC payload in SMARTag platform; Catalent assumes all R&D/commercial costs.
- Eligible for up to $10.5M in development milestone payments plus tiered revenue sharing on future sales/partnerships.
- Also entitled to portion of sublicense consideration received by Catalent.
- Catalent may terminate agreement on 30 days notice; also grants Lisata ROFN for out-licensing of resulting assets.