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Arovella Therapeutics Limited ( (AU:ALA) ) has provided an update.
Arovella Therapeutics Ltd has exercised its exclusive option with Baylor College of Medicine to negotiate a definitive license agreement for chimeric antigen receptor (CAR) and iNKT cell platform intellectual property. This move positions Arovella to enhance its CAR-iNKT cell products, targeting neuroblastoma and liver cancer, with promising early-stage clinical trial results, potentially impacting its industry positioning and stakeholder interests.
More about Arovella Therapeutics Limited
Arovella Therapeutics Ltd is a biotechnology company focused on developing its invariant Natural Killer T (iNKT) cell therapy platform to treat blood cancers and solid tumors. The company’s lead product, ALA-101, utilizes CAR19-iNKT cells targeting CD19, and it is also expanding into solid tumor treatment with its CLDN18.2-targeting technology.
Average Trading Volume: 1,431,645
Technical Sentiment Signal: Sell
Current Market Cap: A$106.7M
See more insights into ALA stock on TipRanks’ Stock Analysis page.