secwatch / observer
8-K filed May 3, 2023, 7:59 PM ET ticker ZURA CIK 0001855644
other material confidence high sentiment positive materiality 0.75

Zura Bio raises ~$80M in private placement and licenses ZB‑106 bispecific antibody from Lilly

Zura Bio Ltd

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zura Bio Ltd entered into License, Development and Commercialization Agreement with Eli Lilly and Company valued at upfront fee of $15,000,000 (effective 2023-04-26).

Action
entry
Agreement
license
Counterparty
Eli Lilly and Company
Value
upfront fee of $15,000,000
Effective
2023-04-26
Exact text from the filing
Effective April 26, 2023, our subsidiary ZB17 LLC (“ZB17”) entered into a License, Development and Commercialization Agreement (the “License Agreement”) with Eli Lilly and Company (“Lilly”), pursuant to which Lilly granted to ZB17 an exclusive (even as to Lilly), payment-bearing license (the “Lilly License”) to develop, manufacture and commercialize a certain bispecific antibody relating to IL-17 and BAFF (“ZB-106”) in the field (meaning all uses including any and all human therapeutic, diagnosis, prevention, amelioration and prophylactic uses) worldwide.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zura Bio Ltd entered into Subscription Agreements with certain individual and institutional accredited investors valued at approximately $80 million (effective 2023-04-26).

Action
entry
Agreement
equity purchase
Counterparty
certain individual and institutional accredited investors
Value
approximately $80 million
Effective
2023-04-26
Exact text from the filing
On April 26, 2023, Zura Bio Limited (the “Company” or “Zura”) entered into certain subscription agreements (the “Subscription Agreements”) with certain individual and institutional accredited investors (the “Subscribers”) in connection with the sale by the Company (the “Private Placement”) of Class A ordinary shares, par value $0.0001 per share (the “Shares”) and pre-funded warrants (the “Pre-Funded Warrants”)
View on SEC.gov

272 material agreements filed in the last 30 days. Browse all material agreements →

Zura Bio Ltd filing history →

Source: SEC EDGAR
accession 0001104659-23-055196
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