other material
confidence high
sentiment positive
materiality 0.65
Skye Bioscience licenses Halozyme's ENHANZE technology for subcutaneous nimacimab
Skye Bioscience, Inc.
- Non-exclusive license to Halozyme's ENHANZE drug delivery tech for subcutaneous nimacimab formulation.
- Halozyme to be exclusive supplier of clinical and commercial rHuPH20 API for the product.
- Milestone payments tied to development, commercialization, and net sales levels; mid-single digit royalties on worldwide net sales.
- Agreement includes customary termination rights, reps, warranties, and indemnification.