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CARM — Carisma Therapeutics News Story

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Brief: Sesen Bio - Will Receive A $20 Million Milestone Payment Pursuant To Co’S Exclusive License Agreement With F. Hoffmann-La Roche Ltd & Hoffman-La Roche Inc

Jan 6 (Reuters) - Sesen Bio Inc  SESN.O :
    * SESEN BIO - WILL RECEIVE A $20 MILLION MILESTONE PAYMENT
PURSUANT TO CO’S EXCLUSIVE LICENSE AGREEMENT WITH F. HOFFMANN-LA
ROCHE LTD & HOFFMAN-LA ROCHE INC
    * SESEN BIO - CURRENTLY EXPECTS THAT ITS CASH AND CASH
EQUIVALENTS
WILL BE SUFFICIENT TO FUND ITS CURRENT OPERATING PLAN INTO 2024


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

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