Brief: Athersys Says Licensed Animal Health Assets To Ardent Animal Health

Athersys

03/10/2023 22:31

Oct 3 (Reuters) - Athersys Inc  ATHX.O :
    * ATHERSYS INC - ATHERSYS LICENSES ITS ANIMAL HEALTH ASSETS
TO
ARDENT ANIMAL HEALTH
    * ATHERSYS- CO TO RECEIVE INITIAL FEE FROM ARDENT IN
EXCHANGE FOR
EXCLUSIVE LICENSE TO CO'S MAPC TECHNOLOGY FOR NON-HUMAN MAMMAL
APPLICATIONS IN U.S.
    * ATHERSYS INC - AGREEMENT INCLUDES PRE- AND POST-REGULATORY
APPROVAL MILESTONE PAYMENTS TO ATHERSYS
    * ATHERSYS INC - ATHERSYS WILL ALSO RECEIVE TIERED,
DOUBLE-DIGIT
ROYALTIES ON COMMERCIAL SALES

Source text for Eikon:  ID:nBw7zh5CKa 
Further company coverage:  ATHX.O 

 ((Reuters.Briefs@thomsonreuters.com;))