M&A
confidence high
sentiment positive
materiality 0.80
Tivic Health acquires exclusive worldwide license for Statera's TLR5 agonist Entolimod for ARS
Valion Bio, Inc.
- License fee of $1.5M ($300K cash + $1.2M in stock and preferred) for exclusive rights to Entolimod for ARS.
- Potential milestones up to $1.75M for ARS and $6.5M for additional indications, total $8.25M.
- Exclusive option to expand license to five additional indications including Lymphocyte Exhaustion and Neutropenia.
- Entolimod has FDA Fast Track & Orphan Drug designation; prior investment $140M; potential BLA filing within 24 months.
- Statera gets Board seat nomination; Tivic to hold stockholder vote on Series A conversion within 120 days.