Kineta Enters Exclusivity and Right of First Offer Agreement with TuHURA Biosciences
DENVER, Colo., Jul 08, 2024 (247marketnews.com)- Kineta, Inc. (Nasdaq:KA) reported entering into an agreement that provides exclusivity and first offer rights with TuHURA Biosciences, Inc., in which Kineta will receive a $5 million Nonrefundable Payment from TuHURA, for the exclusive right to negotiate to acquire Kineta’s KVA12123 Immuno-Oncology Drug Program.
Craig W. Philips, President of Kineta, commented, “TuHURA is a Phase 3 registration stage immuno-oncology company with expertise and deep experience in the field. We believe they will make an excellent partner for this program and in advancing this novel drug program which could provide an important new treatment option for cancer patients.”
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