other material
confidence high
sentiment positive
materiality 0.65
Xenetic extends Scripps collaboration with $400k funding for DNase platform
Xenetic Biosciences, Inc.
- Extended Research Funding & Option Agreement with Scripps Research by 12 months; total funding up to ~$400,000.
- Initial $65k payment on Nov 1, 2024, followed by ~$65k monthly payments over 5 months.
- Focus: systemic DNase I combined with CAR T-cell therapies for hematological cancers and melanoma.
- Xenetic holds option to acquire exclusive license to new IP from the DNase research program.
- Advancing DNase oncology platform toward Phase 1 for pancreatic carcinoma and solid tumors.