Elegen Enters into a Collaboration Agreement with GSK to Develop Elegen’s Cell-Free DNA Production Technology
Shots:
- Both Elegen and GSK signed a multi-year collaboration and license agreement that allows GSK to leverage Elegen’s proprietary cell-free DNA manufacturing technology for the development of vaccines & medicines
- As per the terms of the agreement, Elegen will receive an up front payment (undisclosed) for its ENFINIA DNA technology and is also eligible to receive an aggregate of $35M in near-term milestone payments for the development of new products along with a potential equity investment by GSK
- Elegen’s cell-free synthetic ENFINIA DNA production technology delivers linear DNA up to 7kb in 7 business days that are produced cell-free. The technology was commercially launched by Elegen in Mar 2023
Ref: Elegen | Image: Elegen
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Shivani was a content writer at PharmaShots. She has a keen interest in recent innovations in the life sciences industry. She was covering news related to Product approvals, clinical trial results, and updates. We can be contacted at connect@pharmashots.com.
