other material
confidence high
sentiment neutral
materiality 0.65
Mosaic ImmunoEngineering secures exclusive worldwide CPMV license from Case Western Reserve University
Mosaic ImmunoEngineering Inc.
- Licensed technology covers cowpea mosaic virus (CPMV)-based oncology treatments for human and companion animal cancers.
- Development milestone payments up to $1.8M per human product; tiered royalties starting in mid-single digits on net sales.
- Annual minimum royalty of $10,000 starting year 2, rising based on net sales; CWRU to be reimbursed ~$278K in IP fees.
- Agreement term runs 20 years or last patent expiry; Mosaic gains rights to core technology behind lead candidate MIE-101.