Logo

Statera Signs a License Agreement with Immune for Naltrexone and Met-Enkephalin to Treat Immune-Related Diseases

Share this

Statera Signs a License Agreement with Immune for Naltrexone and Met-Enkephalin to Treat Immune-Related Diseases

Shots: 

  • Statera to receive an initial $2M up front, 5% of the issued & outstanding Immune's stock along with an additional fee upon achievement of revenue-based milestones, new indications & royalties & other payments from Immune in return for Statera's rights to any product containing low-dose naltrexone
  • The agreement will strengthen Statera’s financial position with the potential to produce significant non-dilutive cash flow to fund other programs & helps to advance new product for immune-related diseases
  • The transaction will produce ~$400M in non-dilutive payments to Statera. Additonally, Statera’s naltrexone assets can boost the ability to fight against chronic, life‐threatening diseases

Ref: Globenewswire | Image: Statera

Click here to­ read the full press release 

Senior Editor

Neha is a Senior Editor at PharmaShots. She is passionate and very enthusiastic about recent updates and developments in the life sciences and pharma industry. She covers Biopharma, MedTech, and Digital health segments along with different reports at PharmaShots. She can be contacted at connect@pharmashots.com.

Share this article on WhatsApp, LinkedIn and Twitter

Join the PharmaShots family of 12000+ subscribers

I accept the Terms and Conditions