M&A
confidence high
sentiment positive
materiality 0.80
Kairos Pharma acquires exclusive worldwide rights to CL-273 from Celyn Therapeutics
Kairos Pharma, LTD.
- Acquired 100% worldwide rights to CL-273, a pan-EGFR inhibitor for EGFR-mutant NSCLC, from Celyn Therapeutics (backed by OrbiMed and Torrey Pines).
- Consideration includes 16.5% of Kairos shares on fully diluted basis, $15M milestone upon FDA submission, and 2% royalty on U.S. net revenues.
- CL-273 targets $16.2 billion lung cancer market; addresses resistance to existing EGFR TKIs.
- Binding term sheet signed March 2, 2026; closing subject to shareholder and NYSE American approvals.