other material
confidence high
sentiment negative
materiality 0.60
Mustang Bio terminates UCLA license for PSCA CAR T program, ends MB-105 development
MUSTANG BIO, INC.
- Terminated UCLA License Agreement for PSCA CAR T technology, effective ~Aug 9, 2023.
- No early termination penalties incurred.
- Previously terminated PSCA Technology License with City of Hope on May 17, 2023.
- Licensed technology targeted prostate cancer, pancreatic cancer, and other solid tumors.