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confidence high
sentiment positive
materiality 0.75
Arcturus' JV ARCALIS awarded $115M in Japanese government grants; achieves $17.5M CSL flu milestone
Arcturus Therapeutics Holdings Inc.
- ARCALIS, Arcturus' 49%-owned joint venture, receives $115M in two grants to build a cGMP mRNA factory in Minamisoma, Japan.
- LUNAR-FLU program achieves $17.5M development milestone from CSL Seqirus; funds used for flu program development activities.
- The factory will support cGMP production of mRNA drug substance and drug product for Arcturus' STARR mRNA vaccines.
- CSL Seqirus is exclusive global licensee for mRNA vaccines against COVID-19, flu, and three other respiratory diseases.