Brief: Inmune Bio Under Deal Elevai Will Make An Initial Deposit For License In Two Installments Over Six Months

PMGC Holdings

16/01/2024 13:33

Jan 16 (Reuters) - Elevai Labs Inc  ELAB.O :
    * ELEVAI LABS, INC. ACQUIRES WORLDWIDE LICENSE AGREEMENT FOR
PROPRIETARY STEM CELL MANUFACTURING TECHNOLOGY
    * INMUNE BIO INC - UNDER DEAL, ELEVAI WILL MAKE AN INITIAL
DEPOSIT
FOR LICENSE IN TWO INSTALLMENTS OVER SIX MONTHS
    * INMUNE BIO INC -  UNDER AGREEMENT, ELEVAI WILL MAKE A
FINAL TECH
TRANSFER FEE WITHIN TWO YEARS OF EXECUTING AGREEMENT
    * INMUNE BIO INC - UNDER DEAL, ELEVAI TO PAY NOMINAL ROYALTY
ON
SALE OF LICENSED TOPICAL COSMETIC PRODUCTS THAT ARE MANUFACTURED
USING "EMX" TECHNOLOGY

Source text for Eikon:  ID:nGNX4p2pQR 
Further company coverage:  ELAB.O 

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