Silo Pharma has exercised its option to license Alzheimer’s disease therapeutic SPC-14 from Columbia University, pursuant to a sponsored research and option agreement established in 2021. Under the terms of the license agreement currently in process, Silo will be granted an exclusive license to further develop, manufacture, and commercialize SPC-14 worldwide upon consummation of such agreement. The Company expects to finalize and enter into the exclusive license agreement in the first half of 2024. Silo believes that SPC-14 should be eligible for development under the FDA’s 505(b)(2) regulatory pathway.
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