Lineage Signs an Exclusive Option Agreement with Amasa Therapeutics to Supply and Use of Clinical-Grade Hystem
Shots:
- Lineage to receive an upfront payment in cash and- if the option is exercised- Lineage will be eligible for additional payments- including event-specific payments- royalties on net sales and sublicense fees and royalties
- Amasa gets an exclusive option to royalty-bearing license to use Lineage’s HyStem technology to develop and commercialize therapies for solid tumors under pre-negotiated terms
- Amasa will buy some amounts of Lineage’s existing supply of clinical-grade HyStem biomaterial and has the right to buy additional quantities in up to 12-mos. option to acquire the exclusive license
| Ref: Business Wire | Image: Lineage Cell
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