other material
confidence high
sentiment neutral
materiality 0.40
Klotho terminates licensing deal for gamma-melanocortin MC1R rights
Greenland Mines Ltd
- Mutual termination of Jan 28, 2023 licensing agreement with Teleost Biopharmaceuticals.
- Licensed rights no longer core to Klotho's business and research plans.
- No further obligations or liabilities between parties; confidentiality survives.
- Agreement covered worldwide rights to develop gamma-melanocortin drugs targeting MC1R receptors.