other material
confidence high
sentiment neutral
materiality 0.50
Oncotelic discloses JV IPO target and OT-101 COVID mortality data at BIO2022
Oncotelic Therapeutics, Inc.
- JVCo IPO on track for 2023 with anticipated minimum valuation of $200M, range $1-5B.
- OT-101 combined with immunotherapies including Keytruda (Merck), Tecentriq (Genentech); in various stages.
- OT-101 treatment of high-risk COVID patients reduced mortality from 100% to 50% (p=0.003).
- Company presentation at BIO International Convention available on website.